Senior Underwriter - Commercial Surety

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The Senior Commercial Surety Underwriter is responsible for the evaluation, structuring, and management of commercial surety risk, ensuring the profitable growth of a disciplined underwriting portfolio.

This role acts as a credit decision-maker and relationship manager, balancing risk selection, financial analysis, and business development to support long-term portfolio profitability and market positioning.



* The position combines credit underwriting, contract/legal review, and relationship management


* Serves as a market-facing representative responsible for developing broker and client relationships while expanding commercial surety production


* Functions as a senior technical resource within underwriting, providing guidance and leadership on complex risks and program strategies

Key Accountabilities/Deliverables:


* Underwrite new and renewal commercial surety accounts within delegated authority


* Evaluate financial strength, liquidity, leverage, and cash flow adequacy of applicants


* Assess risk of default by determining the principal’s capacity to meet contractual obligations


* Demonstrate strong surety bond product knowledge and ability to work with surety account management systems to document for complex commercial surety accounts.


* Responsible for developing and managing a book of business, meeting/exceeding profitability objectives as set forth by leadership.

This includes building and growing strategic relationships as well as identifying new opportunities for business within the region


* Entrepreneurial skills with the ability to develop and execute a strategic business plan to expand the surety portfolio


* Ensure adherence to underwriting guidelines, regulatory guidelines, and company policies 


* Build and maintain strong relationships with key business partners to support business growth and retention  


* Collaborate with agents, brokers, and internal stakeholders to address underwriting inquiries and resolve issues 


* Must be able to travel up to 40%

Technical Knowledge and Understanding:


* Strong technical underwriting expertise, including knowledge of surety principles, financial risk assessment, and bond forms. 


* Excellent analytical and decision-making skills, with the ability to assess complex risks and provide solutions 


* Effective communication and interpersonal skills for building relationships and managing stakeholder expectations 


* Proficiency in underwriting software systems, Microsoft Office Suite, and Adobe. 


* Quantitative analysis skills 


* Ability to present and negotiate complex agreements with brokers


* Effective time management and organizational skills  


* Ability to work independently and perform quality work within deadlines 

Experience:


* Bachelor’s degree in Business, Accounting, Finance, or related field is required


* Advanced degree or professional certifications (e...