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Old Republic Surety Company
Dallas, TX | Full Time
$54k-70k (estimate)
10 Months Ago
Contract Underwriter
$54k-70k (estimate)
Full Time | Insurance 10 Months Ago
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Old Republic Surety Company is Hiring a Contract Underwriter Near Dallas, TX

Description

Old Republic Surety Company (ORSC) is currently seeking a Contract Underwriter to join its Underwriting Team at our Dallas, TX branch. ORSC ranks among the nation's top underwriters of contractors' performance and payment bonds, miscellaneous surety, and commercial fidelity, offering thousands of types of bonds. We are growing across the country which is creating new opportunities across the organization.
In general, under the guidance of a marketing and/or underwriting manager, the Contract Underwriter analyzes all relevant information on bond renewals and submissions and underwrites within authority limit or recommends underwriting decisions to the manager.
Essential duties for the role are as follows:

  • Underwrite bonds within authority limit, and/or make underwriting recommendations to management that will contribute to the Company profitability objective.
  • Develop and apply financial analysis and underwriting skills which lead to acceptable loss ratio objective.
  • Demonstrate proficiency in applying Company underwriting procedures and policies.
  • Participate in regular travel of the assigned territory by use of motor vehicle (personal, rental and/or company provided), public transportation and/or airplane. Travel is including, but not limited to, attending agency visits to maintain current business and/or obtain additional business, participating in industry specific events, and meeting with prospective business partners.
  • Develop and maintain rapport with agency plant and service agents to enhance marketing efforts.
  • Collaborate with other Company employees to promote efficient and effective underwriting services to agents.
  • Enter information and maintain the agency database utilizing Customer Relationship Management (CRM) software to assist in the marketing growth objectives of the respective branch and/or home office. Utilize data to grow business
  • Other duties as assigned.

This position requires a High School diploma, or equivalent, and a minimum of 18 months bond industry or related experience, or an equivalent combination of education and experience.

Working as an Contract Underwriterrequires one to work independently and effectively within a fast-paced environment. Proficiency with Microsoft (MS) Windows and Office products is necessary. Other skills necessary include excellent oral and written communication skills, strong organizational and accurate proofreading skills, the ability to maintain accurate records, the ability to exercise discretion with confidential information, strong attention to detail, and the ability to use a variety of office equipment.

Old Republic Surety Company offers numerous opportunities for our employees to grow and prosper. We have a culture of growth from within and we support our employees' pursuits in advancing their careers. We offer this in an open-door, collaborative workplace that encourages and rewards both teamwork and individual contributions. We want bright, passionate individuals who share our values and quest for success. To learn more about our company culture and our outstanding benefits, please visit ourand watch this.

Interested? Click 'apply' and follow some very simple steps to get your resume in front of the Talent Acquisition Team.

If this role is not quite what you were looking for, but you are interested in working for our company, you are encouraged to fill out aor visit ourfor other opportunities. Old Republic Surety Company actively recruits talented individuals for a wide range of career opportunities. Please consider joining our dynamic and growth-oriented company.

Old Republic Surety Company is an Equal Opportunity Employer and is committed to maintaining a diverse workplace.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Insurance

SALARY

$54k-70k (estimate)

POST DATE

07/15/2023

EXPIRATION DATE

05/03/2024

WEBSITE

orsurety.com

HEADQUARTERS

LAKEWOOD, CO

SIZE

50 - 100

FOUNDED

1986

TYPE

Private

CEO

KEVIN LORENZ

REVENUE

$5M - $10M

INDUSTRY

Insurance

Show more

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The following is the career advancement route for Contract Underwriter positions, which can be used as a reference in future career path planning. As a Contract Underwriter, it can be promoted into senior positions as a Health Underwriter, Sr. that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Contract Underwriter. You can explore the career advancement for a Contract Underwriter below and select your interested title to get hiring information.