The successful candidate will underwrite Bond business within an assigned territory in accordance with Company objectives and policies while actively supporting the attainment of profitability/production goals. Candidate will assist in producing an underwriting profit by controlling, within scope of authority: risk acceptance, improvement, declination and cancellation of Contract Surety lines. Candidate will underwrite bonds of moderate to difficult complexity and make recommendations on risks over authority. The chosen candidate will provide production support by participating in underwriting and production calls. Candidate will have contact with external agents/brokers and other related industry contacts approximately 50% of the time. Travel will be required approximately 25% of the time.
Candidate must have 6 years of previous surety underwriting experience with a similar company. A Bachelor’s Degree in Account/Finance is preferred, but not required. Candidate must have excellent oral and written communication skills and the ability to multi-task. Candidate must also have excellent credit analysis skills and strong negotiation skills. Candidate must be able to effectively assess risk. Candidate must also be team oriented. Candidate must demonstrate technical knowledge and skills reflective of progression of positions of increasing responsibility. Candidate must have in-depth knowledge of line of business, underwriting techniques and national/local filing regulations and guidelines. Candidate must also have solid knowledge of processing methods and workflow procedures.
Internal Number: 22268
About Mid-Continent Group
We are Mid-Continent Group - Strong, Secure, Flexible and Supportive.
We are a wholly-owned subsidiary of Great American Insurance Group. Working with the best independent insurance and surety agents in the industry, we’ve developed valued solutions to help your insureds grow and protect their businesses. We’re proud to have many relationships with agents, insureds and employees that span decades. Strong, enduring relationships are the heart of our success.
Mid-Continent Group focuses on General Liability, Commercial Auto, Umbrella, Inland Marine and Surety products with an emphasis on general liability for tougher, underserved industries. We offer general liability protection on an individual account or specialty program basis.
We provide a competitive salary with yearly performance reviews. Our benefits package includes: health, dental, vision, life, disability, paid time off, 401(k), retirement plan, employee stock purchase plan and tuition reimbursement, including incentive bonus awards for completion of certification courses.