Associate Surety Underwriter

Associate Surety Underwriter

Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. Palomar welcomes the best and brightest to our thriving team. Guided by an entrepreneurial spirit, Palomar is building a dynamic and diverse team.

Join a company built on a culture of agility, innovation and authenticity that delivers peace of mind and protection to individuals and businesses impacted by adversity.

Location: Boca Raton, FL

The Role:

The Associate Surety Underwriter supports the underwriting and servicing of surety bond accounts by analyzing financial and operational information, evaluating risk, and assisting with underwriting decisions. This role works closely with agents, brokers, clients, and senior underwriting staff to help grow and maintain a profitable surety portfolio while providing excellent customer service.

What you will do:

• Assist in the underwriting and evaluation of contract and commercial surety bond submissions.
• Review financial statements, credit reports, work-in-progress schedules, and other underwriting documentation.
• Analyze financial performance, liquidity, profitability, and overall creditworthiness of applicants.
• Support the issuance, renewal, and servicing of surety bonds in accordance with company guidelines and authority levels.
• Communicate with agents, brokers, and clients regarding underwriting requirements and bond requests.
• Maintain accurate underwriting files and documentation.
• Assist with special projects and portfolio management initiatives as assigned.

What we are looking for:

• Bachelor's Degree in Business, Finance, Accounting, Economics, Marketing or a related field preferred
• 0–3 years of experience in insurance, underwriting, banking, finance, accounting, or a related industry preferred.
• Strong Microsoft Office skills including Excel, Outlook, and Teams
• Knowledge of surety, commercial insurance, financial analysis, or credit underwriting is a plus.
• Excellent written and verbal communication skills.
• Team-oriented mindset with a commitment to delivering quality results
• Strong attention to detail and organizational abilities.

We love people who want to:

• Build strong relationships through transparency, trust, and respect for each other.
• Work in an agile environment, with a resilient mindset to find creative solutions to challenges.
• Collaborate and celebrate diverse perspectives, promoting inclusivity and equality.
• Do the right thing with strong conviction and integrity.
• Be bold and innovative to help make an impact.
• Demonstrable track record of working autonomously and driving progress
• Be intellectually curious, think creatively, and pragmatic

If you thrive in a dynamic environment, and like working with happy, authentic, talented people, you'll enjoy a career with Palomar!

What will you get in return?

• Full Suite of Medical Benefits
• Long Term Financial Incentives – STOCK!
• 401k with 3.5% Automatic Fully Vested Employer Contributions
• Competitive PTO + Holiday Program
• Lifestyle Spending Allowance
• Professional Development Assistance
• Career Exploration Opportunities
• Regular company-wide social events (even virtually!)

Diversity at Palomar

At Palomar, we are committed to diversity, equality and inclusion in all facets of the organization. We have built an open culture that celebrates the diversity of our workforce, while actively championing equality and inclusion practices that make us a company people want to work with and work for.

We believe that diversity, equality and inclusion yields greater organizational creativity and productivity, which helps us serve our customers and partners more effectively. Delivering on our diversity commitment returns greater value to our shareholders and ultimately makes a positive impact to the communities in which we do business and to the people who live in them

Accommodations:

Palomar will consider reasonable accommodations to ensure a qualified applicant with a disability can be considered for the position. Palomar will also consider necessary modifications to the physical work environment, or to the way a job is usually performed, so an individual with a disability can perform the essential functions of the position. Additional accommodations will be considered that enable an employee with a disability to enjoy equal benefits and privileges of employment like those that are enjoyed by other employees without disabilities.

Pay Range: $60,000 - $80,000 + Bonus Potential & Participation in our Competitive Long-Term Incentive (LTI) Program.