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IAT Insurance Group · 2 months ago

Senior Commercial Surety Underwriter

Newark, NJ

Full-time

Hybrid

Mid, Senior Level

$138K/yr - $163K/yr

4+ years exp

IAT Insurance Group is seeking a highly skilled Senior Commercial Surety Underwriter to join their team in Newark, New Jersey. This role involves handling daily interactions with assigned agents, analyzing financial data, and making recommendations to the Regional Manager regarding new and existing accounts.

CommercialFinanceFinancial ServicesInsuranceInsurTech

Comp. & Benefits

No H1B

Responsibilities

Proactively seek renewal and new account opportunities

Financial and account analysis of pertinent financial data, authority, and referral requirements for consideration of new, existing and renewal business

Requesting and gathering financial information on assigned accounts

Market independently to our agent and broker partners with an emphasis on production

Enhance IAT’s presence in the marketplace

Provide quality recommendations to Branch and Home Office Reports on assigned accounts and agents

Rate and review bonds for premium and classification accuracy

Ensure accuracy and completeness of files and verify that all necessary documentation is complete in the file

Serve as key contact for assigned target accounts

Prioritize workflow to ensure work is done in a timely fashion and all deadlines are met

Perform other duties as needed

Qualification

Surety underwriting experienceFinancial analysisQuantitative analysisDegreeCustomer service orientationAFSB designationInterpersonal skillsNegotiating skillsVerbal communicationWritten communication

Required

Bachelor's degree, at least 4 years of relevant experience or equivalent

Equivalent is defined as 8 years of relevant bond underwriting experience

Must have two years of surety underwriting experience

Passion for marketing and developing relationships

Strong competency in quantitative and financial analysis

Requires strong math aptitude, excellent verbal and written communication, interpersonal and negotiating skills

Must be customer service oriented and have the utmost integrity

To qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes