Match score not available

Underwriting Consultant - Transactional Surety (Hybrid or Remote)

Remote: 
Full Remote
Contract: 
Salary: 
38 - 199K yearly
Experience: 
Mid-level (2-5 years)
Work from: 
Texas (USA), Vermont (USA), United States

Offer summary

Qualifications:

Bachelor’s Degree in business, finance or accounting, 3-5 years surety underwriting experience for Underwriter level, 7-10 years for Senior Underwriter, AFSB Designation Preferred, Strong financial analysis competency.

Key responsabilities:

  • Underwrite Transactional Surety Bonds according to guidelines
  • Manage daily transactional opportunities and bond requests
  • Analyze new account submissions and approve bonds
  • Enhance agent relationships and secure new agents
  • Provide regular marketing updates and attend meetings
Intact Insurance Specialty Solutions logo
Intact Insurance Specialty Solutions Insurance Large https://www.intactspecialty.com/
1001 - 5000 Employees
See more Intact Insurance Specialty Solutions offers

Job description

Our employees are at the heart of what we do: helping people, businesses and society prosper in good times and be resilient in bad times. When you join our team, you are bringing this purpose to life alongside a passionate community.

Feel empowered to learn and grow while being valued for who you are. At Intact, we commit to supporting you in reaching your goals with tools, opportunities, and flexibility. It’s our promise to you.

Who We Are

At Intact Insurance Specialty Solutions, we are experts at what we do in protecting what makes businesses unique. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that’s aligned to our targeted customer groups.

Intact’s Global Specialty Lines business spans across more than 20 verticals in four distinct markets: U.S., Canada, UK and Europe. The following opportunity is for our U.S. team.

The opportunity

We currently have an opportunity for an Underwriting Consultant to join our Transactional Surety team in the Northeast, New England or Mid-Atlantic territory. This position will underwrite Transactional Surety Bonds in conformance with Intact Insurance Company 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.

    • Responsible for the management of daily transactional opportunities, commercial and contract bond requests.
    • Responsible for the review of new contract bonds for completion in accordance with Intact’s 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.
    • Responsible for marketing and managing Intact’s On line Portal BondClick.
    • Maintain current documentation and credit information files in accordance with the Intact Insurance Company Procedure Manual for Surety.
    • Enhance existing agency relationships and identify and secure new agents. Schedule regular meetings with established agents. Visit bond accounts as requested by agents and supervisor.
    • Provide quarterly marketing updates to VP/Branch Manager and other reports as requested.
    • Attend Intact meetings as required.
    • Participate in special projects as delegated by the VP/Branch Manager
    • Our company has a hybrid work model where the expectation is that you will be in the office or visiting clients two to three days per month on average.
The Expertise You Bring

  • Bachelor’s Degree with emphasis in business, preferably finance or accounting, or, equivalent work experience. AFSB Designation Preferred.
  • Minimum of 3-5 years of current surety underwriting experience for Underwriter level; 7 to 10 years for Senior Underwriter.
  • Develops producer relationships to build pipeline, agency intelligence, and drives performance to meet and exceed results
  • Strong competency in quantitative and financial analysis.
  • Drives effective relationship management and customer activities to build trust & partnerships, facilitate negotiation and secure commitment with the customer
  • Effective written and verbal communication skills.
  • Competent computer skills including knowledge of Excel and Word.
  • Ability to travel up to 25%.

Our salary ranges are determined by many factors including location, role, experience and skillset of the candidate. The following ranges displayed reflect the target base salary for new hires, but your recruiter will share more specific compensation information with you during the hiring process. The typical base salary range for this position is: $145,000 – $194,000, based on the factors aforementioned. For candidates located in San Francisco, CA; Hoboken, NJ; and the New York City metro area, the base salary range is $170,000 -$199,000. In addition to base salary, full time Intact employees are also eligible for bonus potential and a full range of benefits to include but not limited to:

  • Comprehensive medical, dental and vision insurance with no waiting period
  • Competitive paid time off programs
  • 401(k) savings and annual contributions of up to 12% of annual salary
  • Mental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefits

Why choose Intact

We live our Values: We are committed to acting with the highest of ethical standards through our five core values: integrity, respect, customer driven, excellence and social responsibility.

Our commitment to Diversity: Founded in our values, we see diversity as a strength and aspire to create an environment where everyone can be themselves, grow and succeed. Together, we will stand up for what’s right to build an inclusive society.

Manage your Time: What you accomplish matters more than hours in the office. We are committed to creating a positive and supportive environment in which you perform your best. Our Time-Off and Flexible Work Arrangement options help foster a healthy work-life balance.

Check out our Glassdoor reviews to see why people love working for Intact!

Our promise to you

Our Values are foundational to our success at Intact. You’ll make a difference every day when you live our Values, do your best work, are open to change, and invest in yourself.

In return, we promise you support, opportunities, and performance-led financial rewards in a flexible work environment where you can:

  • Shape the future: Help us lead an insurance transformation to better protect people, businesses and society.
  • Win as a team: Collaborate with inspiring people to do your best work every day and together, stand up for what is right.
  • Grow with us: Refresh and reinvent your skills, learn from our diverse teams, lift others up, and grow.

About Intact

At Intact Insurance Specialty Solutions we are experts at what we do. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that’s aligned to our targeted customer groups. Today, we help protect over a dozen industries with tailored coverages and services.

Required profile

Experience

Level of experience: Mid-level (2-5 years)
Industry :
Insurance
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Relationship Management
  • Business Acumen
  • Microsoft Excel
  • Negotiation
  • Customer Service

Consultant Related jobs