Commercial Surety Underwriter
$85k - $100kIAT Insurance Group
Commercial Surety UnderwriterIAT Insurance Group is seeking a highly skilled Commercial Surety Underwriter to join our team in Anaheim, California. For the ideal candidate, we are open to remote work from Washington or Oregon, or from our Bellevue location. This position supports our Pacific Northwest book of business and involves occasional travel.Key responsibilities include collaborating with regional office underwriters, home office personnel, agents, and principals. This role follows a hybrid schedule, reflecting our commitment to ownership, collaboration, and teamwork. You will work from the Anaheim office Monday through Wednesday, with the option to work remotely on Thursday and Friday.This is an excellent opportunity for professional growth and development within a dynamic and supportive environment.Responsibilities:Financial and account analysis of pertinent financial data, authority, and referral requirements for consideration of new, existing, and renewal businessRequesting and gathering financial information on assigned accountsBond renewal preparation and determination on whether bonds should be canceledMaintain agency relationships and provide exceptional service and support. May have authority to underwrite low-value bonds and renewalsProvide general direction to the Account Managers for bond processing.Provide quality recommendations to Branch and Home Office Reports on assigned accounts and agentsRate and review bonds for premium and classification accuracyEnsure accuracy and completeness of files and verify that all necessary documentation is complete in the fileAct as the primary service contact and visit agents assigned by the Regional Manager in order to foster and maintain an ongoing relationshipAccurately communicate knowledge of assigned accounts to Branch and Home Office personnel via written and verbal meansPrioritize workflow to ensure work is done in a timely fashion and all deadlines are metTravel on a limited basisPerform other duties as neededQualifications:Must-Have:Bachelor's degree in Risk Management, Finance, Mathematics, Business or related with at least 2 years experience in Surety or equivalentEquivalent is defined as 6 years of relevant Commercial or Contract Surety underwriting experienceWe will consider commercial or contract experienceStrong marketing skills and ability to obtain new business and work with clientsStrong competency in quantitative and financial analysisRequires strong math aptitude, excellent verbal and written communication, interpersonal and negotiating skillsMust be customer service oriented and have the utmost integrityAbility to travel on a limited basisTo qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposesPreferred to Have:AFSB industry designationOur Culture:IAT is the largest private, family-owned property and casualty insurer in the U.S. I nsurance A nswers T ogether® is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers.At IAT, we're committed to driving and building an open and supportive culture for all. Our employees propel IAT forward – driving innovation, stable partnerships and growth. That's why we continue to build an engaging workplace culture to attract and retain the best talent.We offer comprehensive benefits like:26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off7% 401(k) Company Match and additional Profit SharingHybrid work environmentNumerous training and development opportunities to assist you in furthering your careerHealthcare and Wellness ProgramsOpportunity to earn performance-based bonusesCollege Loan Assistance Support PlanEducational Assistance ProgramMentorship ProgramDress for Your Day PolicyAll qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.Compensation:Please note, that the annual gross salary range associated with this posting is $85,000 – $100,000. This range represents the anticipated low and high end of the base salary for this position. Actual salaries will vary based on factors such as a candidate's qualifications, skills, competencies, and geographical location related to this specific role. The total compensation will include a base salary, performance-based bonus opportunities, 401(K) match, profit-sharing opportunities, and more.
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