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Surety Underwriter

Jet Insurance Company

This position is an entry level role at Jet Financial Corporation. Your primary responsibility isto provide efficient client services and perform underwriting for all new inquiries and policyrenewals. As an underwriter, you will assess and evaluate risks associated with bondapplicants and determine price and terms for issuing bonds.Applying for this role is straight forward Scroll down and click on Apply to be considered for this position.We pay salary plus bonus. Jet compensates those who create value. The more valueadded, the more compensation Jet will pay. Below are the following responsibilities of theposition:• Application Processing: Receive and underwrite new business applications fromclients via phone, website submission, or mail. Ensure all necessary information isprovided and accurately recorded in the system.• Underwriting analysis and quoting: Review and analyze all incoming bondapplications submitted to determine eligibility, based on current Underwritingguidelines. Evaluate the financial strength, creditworthiness, and overall risk profileof applicants.• Customer Inquiries: Respond to inquiries from customers regarding theunderwriting determinations, premiums, and other related business questions.Provide clear and accurate information to assist customers in making informeddecisions.• Communication: Collaborate with other business units, including otherunderwriters from different business units, to gather additional information, clarifyapplication details, and discuss risk assessments. Communicate underwritingdecisions and provide explanations to Business Unit Leaders when necessary.• Market Research: Capitalize on additional marketing opportunities and industryinsight through customer relationships and consistent review of competitor pricing.• Claims Intake: Receive and review new surety claims, utilizing written claims SOPs.Gather essential information such as bond details, loss descriptions, and anysupporting documents.• Maintain accurate business records and documentation of underwriting decisions,including supporting analysis and rationale for out of the box approvals orrejections. Ensure that all necessary paperwork and files are properly organized andmaintained.The task descriptions provide a general overview of the key responsibilities involved in therole, however flexibility for additional tasks is necessary for success in the role.Training will be done under both of Jet Financial Corps divisions (BondExchange and JetInsurance Services) for several months to provide proper breadth of industry knowledge.From there entry level position employees are expected to move into an industry focusedbusiness unit or wholesale targeted region.Job Qualifications:• Education: A bachelor's degree is a plus but not required.• Computer Skills: Proficiency in Microsoft and Google applications. Need ability toquickly learn the proprietary software used in our underwriting process.• Communication Skills: Underwriters need to effectively communicate theirdecisions and recommendations to clients via phone, email, and mail. Strong verbaland written communication skills are necessary to convey complex informationclearly and professionally.• Attention to detail: A high level of accuracy and attention to detail is crucial toidentify potential risks and make rapid informed decisions. xhyhwjd • Adaptability and willingness to learn: The entry level underwriter position exists asstepping stone to future leadership, so an openness to acquire new skills and awillingness to adapt to changing circumstances and responsibilities is essential.Industry• InsuranceEmployment TypeFull-time

Vacancy posted 4 days ago
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