Job title: Senior Surety Underwriter

Company: Swiss Re

Job description: We are seeking a Surety Underwriter or Senior Surety Underwriter depending on the candidate’s experience level

About The Role:

Underwrite contract surety bonds in conformance with Surety Group underwriting guidelines to determine if they meet risk acceptability standards and the strategy of the company. Responsible for increased premium production achieved by enhancing agent relationships. Authority to approve surety bonds up to an assigned authority level granted by Branch Manager.

About The Team:

• Responsible for the management of daily bids and final bond requests.
• Responsible for the review of new contract bonds for completion in accordance with guidelines and policies. Analyze new account submissions for assigned territory.
• Approve bonds within the limit of authority for this position.
• Oversee and manage the fiscal status of accounts. Perform analysis on annual accounting audits and internal financial statements. Review and be familiar with relevant credit information.
• Maintain current documentation and credit information files in accordance with the Surety Group Procedure Manual for Contract Surety.
• Enhance existing broker relationships and identify and secure new brokers. Schedule regular meetings with established brokers. Visit bond accounts as requested by brokers and supervisor.
• Provide quarterly marketing updates to Line Manager and other reports as requested.
• Attend Surety Group regional meetings as required.
• Participate in special projects as delegated by Line Manager

About You:

• Bachelor’s degree with emphasis in business, preferably finance or accounting, or, equivalent work experience.
• Minimum of 8 years of current contract surety underwriting experience.
• Strong marketing skills and ability to obtain new business and work with contractor clients.
• Strong competency in quantitative and financial analysis.
• Effective written and verbal communication skills.
• Competent computer skills including knowledge of Excel and Word.
• Ability to travel 25%.

About Swiss Re Corporate Solutions

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.

Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual’s qualifications for the position being filled.

During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.

Keywords: Surety, Underwriter, Contract Surety

Reference Code: 126145

Expected salary:

Location: Toronto, ON

Job date: Fri, 04 Aug 2023 07:28:09 GMT