Commercial Surety Underwriter
West Bend Insurance Company is recognized as a top workplace and is committed to fostering a welcoming culture that values diversity. The Commercial Surety Underwriter role involves evaluating and underwriting commercial surety accounts, supporting profitable growth, and building strong relationships with agents and brokers.
Responsibilities
- Evaluate and underwrite new and renewal commercial surety accounts within an assigned territory using financial analysis and underwriting tools
- Underwrite business to support profitable growth in alignment with enterprise goals and objectives
- Operate within established underwriting authority, referring more complex or higher risk accounts as appropriate
- Analyze financial statements, credit information, and other underwriting data to determine the eligibility of applicants for surety bonds
- Support underwriting file maintenance, business processing, and service goals for producer partners
- Develop and maintain strong relationships with agents, brokers, and principals to retain existing business and identify new opportunities
- Provide prompt, professional service and communicate effectively with internal partners and external stakeholders
- Participate in agency visits, prospecting activities, and industry or agency related functions as needed
- Collaborate with and support team members, contributing to a high performance, knowledge sharing environment
- Promote and comply with the values of the Surety division and the company
Skills
- Experience in commercial surety underwriting or a related insurance or financial discipline, with the ability to grow underwriting knowledge and authority over time
- Strong analytical and financial analysis skills, with attention to detail and sound judgment
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment
- Effective communication skills across written, verbal, and in person interactions
- A relationship focused mindset with the ability to work independently and as part of a collaborative team
- Proficiency with data entry, underwriting systems, and standard business technology tools (Microsoft Office products (Word, Excel, Outlook, Teams, Copilot))
- Bachelor's degree in business, insurance, finance, or a related field, or equivalent surety underwriting experience
Benefits
- Medical & Prescription Insurance
- Health Savings Account
- Dental Insurance
- Vision Insurance
- Short and Long Term Disability
- Flexible Spending Accounts
- Life and Accidental Death & Disability
- Accident and Critical Illness Insurance
- Employee Assistance Program
- 401(k) Plan with Company Match
- Pet Insurance
- Paid Time Off
- Bonus eligible based on performance
Company Overview