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Surety Associate - Plano, TX
$69k-91k (estimate)
Full Time | Insurance 5 Months Ago
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ohio farmers insurance is Hiring a Surety Associate - Plano, TX Near Plano, TX

The Surety Associate works closely with mentors and peers to learn the surety business including underwriting, processing, claims, and servicing of contract and commercial surety bonds. This is a development position focused on building business and surety acumen.

  • Demonstrates basic surety underwriting competencies for contract and commercial surety business. Completes field travel and service office rotations and engage in continued on-the-job learning experiences.
  • Demonstrates business acumen. Capability will be measured by key performance indicators such as the ability to assess risk, determine underwriting risk and exposure, and perform financial analysis. These key performance indicators will be measured by mentors, trainers, coordinators, peer assessments and performance reviews.
  • Reviews and underwrites contract surety and commercial surety accounts and individual risk files for new submissions, line renewals, over lines and others. Makes timely and qualified recommendations on acceptance or declination of accounts and individual risks.
  • Reviews account files and risk files for accuracy, completeness and procedural consistency.
  • Communicates with service office and home office personnel, agents and agency clients as requested.
  • Participates in research-based project work, lesson definitions, reviews and exams.
  • Prepares and delivers a variety of project presentations, business case analyses and assessments after research and evaluation.
  • Presentations will be given to trainers, peers and various levels of leadership within the surety department.
  • Networks with all levels of the organization and participates in team-building activities with peers.
  • Attends industry functions to develop business network and market awareness.
  • Travels occasionally in order to participate in special assignments, training, and/or travel between office locations.
  • Bachelor's degree from an accredited college or university or commensurate work experience.
  • Ability to perform financial analyses and conduct risk assessments.
  • Knowledge of finance, accounting, economics and/or marketing obtained through college coursework or work experience.
  • Strong oral, written and interpersonal skills.
  • Strong organization and time-management skills.
  • Experience using software packages (including, but not limited to, MS Word and MS Excel).
  • Valid driver's license and a driving record that conforms to company standards.
  • Physical essential functions: ability to work 40 hours in an office environment (sitting, standing, on a computer, etc.), operate office related technology (computer, phone, etc.), travel as required.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Insurance

SALARY

$69k-91k (estimate)

POST DATE

12/17/2023

EXPIRATION DATE

05/03/2024

WEBSITE

westfieldinsurance.com

HEADQUARTERS

WESTFIELD CENTER, OH

SIZE

1,000 - 3,000

FOUNDED

2018

TYPE

Private

CEO

EDWARD J LARGENT III

REVENUE

$1B - $3B

INDUSTRY

Insurance

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