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Old Republic Surety Company
Pittsburgh, PA | Full Time
$58k-75k (estimate)
1 Week Ago
Old Republic Surety Company
Pittsburgh, PA | Full Time
$54k-70k (estimate)
2 Months Ago
Contract Surety Underwriter
$58k-75k (estimate)
Full Time | Insurance 1 Week Ago
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Old Republic Surety Company is Hiring a Remote Contract Surety Underwriter

Old Republic Surety Company (ORSC) is currently seeking a Contract Surety Underwriter to join its Underwriting Team at our Pittsburgh, PA 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, the Contract Surety 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.

QUALIFICATIONS:
This position requires a Bachelor's Degree and a minimum of one year of related experience.

Working as a Contract Surety 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.

PHYSICAL AND ENVIRONMENTAL DEMANDS:
This position requires one to sit for extended periods of time and stand and/or walk occasionally. The position requires one to occasionally push, pull, carry, and/or lift up to 10 pounds . No personal
protective equipment is required. Ergonomic equipment is available to employees.

WHO ARE WE?
Old Republic Surety Company underwrites contract, fidelity, and commercial bonds, serviced through a network of more than 4,500 independent insurance agencies. Solutions provided include bid bonds, performance and payment bonds, and maintenance bonds for large, middle market and smaller growing contractors. ORSC consistently offers superior service and creative underwriting options in all 50 states.

WHY OLD REPUBLIC SURETY COMPANY?
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 our website and watch this video.

COMPANY BENEFITS

Financial:

  • Competitive salary
  • 401k Savings & Profit-Sharing Plan, including company match contribution
  • Roth investment options
  • 529 Education Savings Plan
  • Employee Referral Bonus Program

Health:

  • Health Insurance
  • Dental Insurance
  • Flexible Spending & Health Savings Account options
  • Life Insurance
  • Vision Insurance
  • Supplement Life Insurance
  • Long-Term Disability Insurance
  • Paid Leave of Absence Benefits
  • Accident & Critical Illness Insurance
  • Pet Insurance

Work-Life Balance:

  • 38.75 hour standard work week
  • Hybrid work opportunities available upon completion of training
  • Casual business attire
  • Generous paid time-off (PTO)
  • Paid holidays
  • Volunteer opportunities
  • Company-sponsored events and outings

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

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

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Job Summary

JOB TYPE

Full Time

INDUSTRY

Insurance

SALARY

$58k-75k (estimate)

POST DATE

06/21/2024

EXPIRATION DATE

08/19/2024

WEBSITE

orsurety.com

HEADQUARTERS

LAKEWOOD, CO

SIZE

50 - 100

FOUNDED

1986

TYPE

Private

CEO

KEVIN LORENZ

REVENUE

$5M - $10M

INDUSTRY

Insurance

Show more

Old Republic Surety Company
Full Time
$63k-82k (estimate)
2 Weeks Ago
Old Republic Surety Company
Full Time
$107k-163k (estimate)
2 Weeks Ago
Old Republic Surety Company
Remote | Full Time
$103k-156k (estimate)
2 Weeks Ago

The job skills required for Contract Surety Underwriter include Underwriting, Written Communication, Teamwork, Attention to Detail, Financial Analysis, etc. Having related job skills and expertise will give you an advantage when applying to be a Contract Surety Underwriter. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Contract Surety Underwriter. Select any job title you are interested in and start to search job requirements.

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

Old Republic Surety Company
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$54k-70k (estimate)
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