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Underwriting Specialist/Executive Underwriter - Commercial Surety


Pay$75000.00 - $165000.00 / year
LocationChicago Heights/Illinois
Employment typeFull-Time
  • Job Description

      Req#: 130309
      Employer Industry: Insurance

      Why consider this job opportunity:
      - Salary up to $165,000.00
      - Short-term incentive bonus eligibility: 10% for Underwriting Specialist and 15% for Executive Underwriter
      - Opportunity for career advancement and growth within a leading risk management organization
      - Supportive and inclusive work environment that values ideas and experience
      - Flexibility of remote work from designated locations
      - Comprehensive benefits package for employees and their families

      What to Expect (Job Responsibilities):
      - Manage and analyze a complex book of Commercial Surety Accounts, ensuring high-level service to customers
      - Proactively seek renewal and new account opportunities while negotiating terms and closing deals
      - Cross-sell other lines of business to enhance product density with accounts
      - Update systems with details of broker/client visits and account status in a timely manner
      - Administer and monitor underwriting rules, guidelines, and insurance laws and regulations

      What is Required (Qualifications):
      - High School Diploma or Equivalent and 3+ years of experience in Underwriting, Market Facing, Finance, Accounting, or Banking, or 6+ years in Claims or Underwriting Support
      - Knowledge of business lines and legal/regulatory guidelines
      - Experience with Microsoft Office
      - Understanding of time restraints for quotes on new and renewal business
      - Ability to work in a team environment

      How to Stand Out (Preferred Qualifications):
      - Bachelor's Degree
      - Surety knowledge/experience and understanding of broker relationships
      - Investigative skills to analyze complex credit assessments and business strategies
      - Prior experience managing a profitable portfolio of customers
      - Strong verbal and written communication skills

      #Insurance #Underwriting #CareerOpportunity #RemoteWork #CompetitivePay #GrowthPotential

      "We prioritize candidate privacy and champion equal-opportunity employment. Central to our mission is our partnership with companies that share this commitment. We aim to foster a fair, transparent, and secure hiring environment for all. If you encounter any employer not adhering to these principles, please bring it to our attention immediately. We are not the EOR (Employer of Record) for this position. Our role in this specific opportunity is to connect outstanding candidates with a top-tier employer."
  • About the company

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