Bond Underwriting Associate

This is a fully remote position, open to applicants in Colorado.

📋 Description

• Gather the necessary information to facilitate the approval and processing of fidelity and commercial surety renewals.

• Liaise with underwriters and agents to acquire essential information.

• Evaluate risk and make final approval and issuance decisions for new and renewal bond policies within a defined authority.

• Accompany the manager on visits to agents and insured clients to gain insights into underwriting and marketing.

• Input, rate, and categorize new bond business and renewals.

• Calculate premiums for all types of bonds.

• Record cancellations and endorsements.

• Prepare, digitize, and organize correspondence received via email, mail, and from underwriters into the computer system.

• Issue and handle status inquiries concerning contract bonds.

• Enter and assist bond underwriters with general indemnity agreements while tracking them.

• Support underwriters by entering financial statements and work-in-progress data into the bond underwriting system.

• Request and collect personal credit reports and Experian reports for both contract and non-contract bond accounts.

• Update relevant systems and notify underwriters of credit report findings.

• Review reports pertaining to both contract and non-contract bonds.

⛳️ Requirements

• Associate degree or equivalent relevant experience is required.

• Experience with fidelity and surety bonds is preferred.

• Familiarity with surety and fidelity underwriting terminology, coverage forms, related documents, and procedures is preferred.

• Proficient computer and keyboarding skills, including knowledge of the Microsoft Office Suite.

• Strong verbal and written communication abilities.

• Excellent customer service capabilities.

• Good mathematical and bookkeeping skills.

• Ability to manage multiple tasks simultaneously, even with frequent interruptions.

• Must be detail-oriented and demonstrate strong problem-solving, organizational, and prioritization skills.

• Capability to work effectively both collaboratively and independently.

🏝️ Benefits

• Exceptional benefits package including life, medical, dental, vision, and prescription drug coverage.

• Competitive paid time off plan.

• One full day of volunteer time off each year.

• 401(k) plan with matching contributions.

• Pension plan available.

• OneEMC bonus plan.

• Recognition and anniversary awards.

• Opportunities for professional development and career growth.

• Tuition reimbursement offered.

• Wellness initiatives aimed at enhancing team member well-being and lowering health insurance costs.

• Flexibility in dressing according to your day's requirements.

• Opportunities for alternative work arrangements.