Great American's Specialty Group offers a wide variety of specialized property and casualty commercial insurance coverage and services. The Bond Division writes a wide range of surety and products including standard contract surety and commercial surety. We currently have an opening for a Commercial Surety Underwriter in Edmonds, WA. This position will conduct the underwriting for small Transactional business and Commercial Accounts for the division.
This individual will be responsible for underwriting and producing profitable Bond business within an assigned territory. Daily tasks include underwriting:
Underwrites and services existing small to mid-size financial product accounts. Has responsibility for risk selection / rejection, pricing, retention and profitability within scope of authority and per divisional objectives.
Receives and analyzes submissions and determines terms to offer and prices business in accordance with company guidelines.
Orders and analyzes miscellaneous business reports needed in the rating and underwriting processes, including credit checks, bank agreements, financial statements and underwriting surveys.
Enters, maintains and monitors accounts using analysis system.
Develops and maintains effective business relationships with internal and external customers / coworkers in order to attract and retain profitable business.
Provides production support to field personnel through interacting with the producers / insureds assisting in marketing calls and participating in underwriting / production calls.
May assist in collections of accounts.
Bachelor Degree in Business or related field, or equivalent job experience.
6 months to 2 years of business experience.
Advanced knowledge of finance and economic principals. · Knowledge of accounting and credit. ·
Excellent oral and written communication skills.
Great American Insurance Group is engaged primarily in property and casualty insurance ("P&C"), focusing on specialized...