Commercial Surety Underwriter

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Skyward Specialty Insurance

WebsiteLinkedInAll Job Openings

501 - 1000 employees

Founded 2007

🤝 B2B

💸 Finance

⚕️ Healthcare Insurance

💰 $177.3M Post-IPO Secondary - Skyward Specialty on 2024-05

B2B • Finance • Healthcare Insurance

Skyward Specialty Insurance is a Houston-based specialty insurance group that provides tailored risk solutions across niche and complex markets. The company offers a range of specialty insurance products including transactional Excess & Surplus (E&S), professional lines, medical stop-loss, surety, captives, programs, global property, agriculture & credit (re)insurance, and risk consulting. Skyward works primarily with brokers and agents, leverages technology (including e-surety capabilities) to deliver innovative underwriting and claims services, and focuses on high-complexity, non-standard risks and scalable specialty solutions.

📋 Description

• Evaluate and underwrite transactional commercial surety submissions, including but not limited to motor vehicle dealer (MVD), license & permit, subdivision, court, contract-related transactional, mortgage broker, and specialty bonds. • Analyze financial statements, credit reports, and supporting documentation to assess risk and determine appropriate terms, conditions, and pricing. • Apply underwriting authority to approve, decline, or modify submissions in alignment with company guidelines and risk appetite. • Ensure compliance with internal underwriting standards, regulatory requirements, and state-specific bond obligations. • Manage a high volume of transactional submissions while maintaining strong turnaround times and service levels. • Monitor and manage a book of business to ensure profitability, retention, and appropriate risk diversification. • Identify opportunities for cross-selling and account expansion within existing agency relationships. • Build and maintain strong relationships with agency partners to drive submission flow and grow market share. • Communicate underwriting decisions effectively, including providing clear rationale and alternative solutions when appropriate. • Negotiate terms, pricing, and commission structures to remain competitive while maintaining underwriting discipline. • Act as a market-facing representative to support agency growth and retention initiatives. • Support new business development efforts by identifying target agencies and producers within the transactional surety space. • Participate in agency visits, industry events, and networking opportunities to strengthen relationships and increase brand presence. • Maintain accurate documentation and records within underwriting systems. • Ensure timely issuance of bonds, endorsements, renewals, and cancellations. • Partner with internal teams (claims, legal, compliance, operations) as needed to support business objectives.

🎯 Requirements

• 2+ years of experience in commercial surety underwriting, with a focus on transactional business required • Established relationships within the surety agency/broker community required • Proven experience underwriting a broad range of bond types (e.g., MVD, subdivision, license & permit, court, contractor-related transactional, specialty bonds) • Strong understanding of credit analysis, risk assessment, and financial statement review • Demonstrated ability to manage high submission volume while maintaining underwriting discipline • Experience negotiating terms, pricing, and commissions in a competitive marketplace • Knowledge of state-specific bonding requirements and regulatory environment preferred

🏖️ Benefits

• Health and welfare benefits • Tuition and professional certification assistance • 401k savings • Elective participation in the Employee Stock Purchase Program • Paid time off • Paid holidays • Child bonding leave • Other employee assistance