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Senior Contract Underwriter

Company: Old Republic Risk Management
Location: West Des Moines
Posted on: May 3, 2021

Job Description:

DescriptionOld Republic Surety Company ranks among the nation's top underwriters of contractors' performance and payment bonds, miscellaneous surety, and commercial fidelity, offering thousands of types of bonds. This is an exciting time to join Old Republic; we are growing!The Senior Contract Underwriter produces an underwriting profit and protects against losses by proper risk selection and underwriting of all types of fidelity and surety bonds, primarily contract bonds, within authority limit. Additional responsibilities include:Contribute to company profitability and minimize losses by proper acceptance or rejection of all types of bonds, primarily contract bonds, and by effectively underwriting a large volume of submissions and the larger submissions presented to the office.Act as liaison between agent, contractor and branch to maintain good public relations and facilitate resolution of underwriting or procedural questions/problems. Maintain good agency relations even when rejecting business by tactful handling of the situation.Conduct visits to new and existing independent agents and contractors (as necessary) to maintain current premium and add new premium to the book of business.Conduct field calls on contractors to audit records and files and gather information which can help to assure proper underwriting determinations.Monitor and keep current with marketplace changes in economic conditions, law, agency personnel, and underwriting and rating plans of competitors to remain competitive.Implement underwriting changes when directed by management or Underwriting to ensure profitability of various classes of business.Candidates must have a High School diploma, Bachelor's Degree in Finance or Accounting preferred, and a minimum of 3 years of bond underwriting experience. Other financial services experience will be considered. This position requires one to have a driving record that is considered satisfactory as defined by company and/or corporate policy.Old Republic Surety Company ORSC offers numerous opportunities for our employees to grow and prosper. For more about ORSC or our outstanding benefits visit us here! or watch this video.Old Republic Surety Company is an Equal Opportunity Employer and is committed to maintaining a diverse workplace.

Keywords: Old Republic Risk Management, West Des Moines , Senior Contract Underwriter, Other , West Des Moines, Iowa

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