What are the responsibilities and job description for the Territorial Underwriting Assistant position at United Casualty & Surety Insurance Company?
Company: United Casualty & Surety Insurance Company (UCS) (a subsidiary of General Indemnity Group)
Location: Preferred locations: Boston, MA
Work Style: Hybrid
Department: Underwriting
Reports To: Vice President, Contract Surety, UCS
Salary: $55,000 - $70,000
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Job description:
We are seeking a motivated and detail-oriented Assistant Underwriter to join our Contract Surety team. This entry-level position is designed for individuals who are early in their careers and interested in developing deep expertise in surety underwriting. The role offers structured training and mentorship, with a long-term path toward assuming full underwriting responsibilities and managing a book of business.
Key Responsibilities
- Support the Contract Surety underwriting team with daily operational and analytical tasks.
- Perform accurate data entry and account maintenance within our Salesforce-based systems.
- Process Work-in-Process (WIP) schedules submitted by contractor clients and ensure timely and accurate entry into our systems.
- Assist in the preparation of financial analyses to evaluate contractors’ bonding capacity and risk profile.
- Pull and analyze credit reports and assist with background and compliance checks.
- Coordinate with internal and external stakeholders to follow up on collections and outstanding documentation.
- Provide administrative and technical support to underwriters in reviewing submissions and maintaining client files.
- Develop foundational knowledge in contract surety underwriting, bond forms, and market dynamics.
- Learn to interpret financial statements, legal documents, and contractor performance data.
Qualifications
- Bachelor’s degree in Finance, Accounting, Economics, or related field.
- 0–2 years of relevant work experience; internships or co-op programs in finance, insurance, or construction a plus.
- Strong analytical skills and comfort working with numbers and financial documents.
- High attention to detail, accuracy, and organizational skills.
- Excellent written and verbal communication abilities.
- Familiarity with Microsoft Excel and CRM systems (Salesforce experience a plus).
- Demonstrated self-starter with the ability to work independently and manage time effectively.
- Eagerness to learn, take initiative, and grow into a client-facing underwriting role.
Career Path & Development
This position is designed as a launching pad into a full underwriting role. After approximately 18–24 months, the successful candidate will be evaluated for advancement into a junior underwriting position, with opportunities to manage their own portfolio of clients and make independent risk decisions.
Work Environment
This role is on-site in our Boston office five days per week, providing full immersion in a collaborative team environment and direct mentorship from senior underwriters.
Why Join Us?
- Be part of a close-knit, mission-driven team in a niche and rewarding sector of insurance.
- Gain hands-on exposure to the underwriting process from industry veterans.
- Fast-track your career in a company that values development, accountability, and autonomy.
- Contribute to the growth of a company that is redefining surety through technology and service excellence.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) 4% Match
- 401(k) matching
- Dental insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Parental leave
- Retirement plan
- Vision insurance
Education:
- Bachelor's (Required)
Pay: $55,000.00 - $70,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Paid time off
- Parental leave
- Vision insurance
Work Location: Hybrid remote in Boston, MA 02210
Salary : $55,000 - $70,000