Underwriter, Commercial Surety

🔥 0 minutes ago

🏄 California – Remote

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💵 $74.3k - $102.2k / year

⏰ Full Time

🟢 Junior

🟡 Mid-level

🚫👨‍🎓 No degree required

🦅 H1B Visa Sponsor

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Logo of Markel

Markel

1001 - 5000 employees

💸 Finance

🤝 B2B

Finance • B2B

Markel is a global specialty insurance provider offering a wide range of commercial and personal insurance products and risk management solutions. The company provides admitted and non-admitted lines including workers' compensation, errors & omissions, accident medical, general liability, commercial and farm property, equine mortality, excess and surplus lines, commercial pollution liability, surety, and specialty personal lines (marine, powersports, bicycle, event insurance). Markel serves brokers, agents, wholesale and national markets across the US, Bermuda and internationally, and offers online portals for customers and producers to manage policies, payments, and claims.

📋 Description

• Produce and underwrite new and renewal commercial bond business • Maintain and build productive relationships with our network of independent agents and brokers • Gather, analyze and underwrite commercial surety bonds • Evaluate and manage risk associated with various types of commercial surety bonds • Understand legal documents, indemnity agreements, statutes, and insurance laws and regulations • Demonstrate sound business judgment in evaluating the financial condition, credit history, experience, and character of bond applicants • Develop new business through agency relationships • Price, quote, negotiate terms and conditions, and service accounts • Renewal bond underwriting • Contribute to internal processing and underwriting systems for standardization and efficiencies • Mentor and provide guidance and support for team members

🎯 Requirements

• Minimum 2+ year’s industry experience • Bachelor’s degree preferred; high school diploma accepted with equivalent industry experience • Ability to thoroughly analyze bond applications • Ability to interpret an extensive variety of procedures and instructions • Ability to define problems, collect data, establish facts and draw valid conclusions • Ability to calculate figures and amounts such as premium rates and commissions • Ability to compose business correspondence and respond to questions • Ability to handle large volume of bonds and be able to prioritize, organize, and delegate assignments • Possess strong interpersonal skills • Possess strong organizational and time management skills • Ability to multi-task and work in a team environment • Strong customer service orientation and negotiating skills • Self-motivated and ability to work independently as well as part of a team

🏖️ Benefits

• Health insurance • 401(k) with employer match contributions • Employee Stock Purchase Plan • Paid time off • Corporate holidays • Floating holidays • Parental leave

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