Senior Underwriter or Underwriting Manager - Commercial Surety

Overview:

Skyward Specialty is a property and casualty insurance holding company formed in 2007. Based in Houston, Texas, and with staff throughout the country, Skyward Specialty provides admitted and non-admitted solutions to retail and wholesale distributors, managing general agents and captive markets. We have built highly respected businesses in specialty lines including management liability, professional liability, medical stop loss, surety, E&S property and liability, and large commercial property, as well as multi-line solutions for the energy, trucking, and construction industries.

At Skyward Specialty, we approach this business differently. In fact, we’re different from most others in our industry in just about every way. We have the spirit of a start-up with the security of over $1.7 billion in Written Premium. We put immense brain power and energy into finding greater insights to uncover better opportunities for our clients, partners, and people. We think at a higher level, so they can succeed at a higher level.

We are committed to a Diverse Workforce

Skyward Specialty is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, nativity, neurodiversity, genetics, disability, age, or veteran status. For more information about us please visit www.skywardinsurance.com

This position will need to be located in the NE region.

This position, either a Sr. Underwriter or Underwriting Manager (based on experience), is responsible for underwriting and servicing surety risks within an established territory. This position will be responsible for extending underwriting decisions that are in line with established underwriting guidelines and letters of authority. This position will interface regularly with home office and the VP of Surety regarding underwriting, accounting and collateral associated with bond submissions. Responsible for effectively servicing and growing agency relationships within its regional territory.

Essential Responsibilities:

• Manage and oversee regional underwriting operations of company
• Develop and underwrite new business while protecting the interests of the company
• Service existing agency relationships within established territory
• Complete underwriting review on new and existing accounts and establish terms and conditions within authority
• Refer accounts above established authority to higher authority within field or home office with recommended action
• Maintain and update account and bond files with current information per underwriting guidelines
• Ensure terms and conditions of accounts are met prior to bond release
• Provide excellent customer service that distinguishes us from our competitors
• Attend agency marketing and industry events as needed
• Ability to mentor and manage team members

Education/Experience:

• Located in the NE region
• College degree in business/finance or related field preferred
• 5+ years minimum surety underwriting experience required

Skills:

• Ability to work independently and manage multiple tasks simultaneously
• Excellent written and verbal communication skills
• Advanced organizational and analytical skills as well as attention to details
• Solid understanding of financial and accounting principals
• Strong interpersonal and social skills
• Strong attention to detail and ability to maintain accurate records
• Personal computer skills and proficiency in Microsoft Office and Adobe Acrobat

Knowledge:

• Background in commercial surety underwriting with the ability to conduct appropriate risk selection and recommendation of terms and conditions
• Ability to analyze financial profiles essential for evaluating risk
• Must have familiarity with financial statements and knowledge of basic terminology, regulatory requirements, and bid processes.
• Ability to understand and utilize company underwriting software Licenses/Certifications:
• CPCU or AFSB desired

Compensation & Benefits

The applicable base salary for this opportunity is $125,000 - $200,000.  The base pay offered will be determined by factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements.  In addition to the base salary, this opportunity may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition and professional certification assistance, 401k savings, elective participation in the Employee Stock Purchase Program, paid time off, paid holidays, and child bonding leave, as well as other employee assistance programs.

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