What are the responsibilities and job description for the Bond Underwriting Associate position at EMC Insurance?
At EMC, we’re all about working together to make an impact. As part of our team, you’ll have the opportunity to grow, contribute, and gain experience that matters. We strive to be caring leaders, close partners, and responsive experts—always supporting each other to do our best work. Join us, and let’s improve lives together.
The ideal candidate would reside within 50 miles of Wyomissing, PA
Assists bond underwriters with various assignments. Performs underwriting tasks for mono-line fidelity, package fidelity, commercial surety, and small contract accounts. Processes and enters new business, renewals, and endorsements. Images and indexes all files and documents. Issues and processes status inquiries.
Essential Functions:
- Obtains information necessary to approve and process renewals for fidelity and commercial surety
- Assesses risk and makes the final decision on approving and issuance of new and renewal bond policies within limited authority
- Enters, rates, and codes all new bond business and renewals
- Enters all cancellations and endorsements
- Issues and processes all status inquiries on contract bonds
- Assists underwriters by entering financial statements and work-in-progress information into the bond underwriting system
- Orders and pulls all personal credit reports and Experian reports for all contract and non-contract bond accounts and updates appropriate systems
Education & Experience:
- Associates degree, or equivalent relevant experience
- Bachelor’s degree preferred
- Fidelity and surety bond experience preferred
Knowledge, Skills & Abilities:
- Knowledge of surety and fidelity underwriting terminology, coverage forms, related documents and procedures preferred
- Strong computer skills needed with a working knowledge of Excel and Word
- Strong verbal and written communication skills
- Excellent customer service skills
- Good math and bookkeeping skills
- Must be able to work on multiple tasks at one time with frequent interruptions
- Must be detail-oriented as well as possess strong problem-solving, organizational, and prioritizing skills
Our employment practices are in accordance with the laws that prohibit discrimination due to race, color, creed, sex, sexual orientation, gender identity, genetic information, religion, age, national origin or ancestry, physical or mental disability, medical condition, veteran status, active military status, citizenship status, marital status or any other consideration made unlawful by federal, state, or local laws.
All of our locations are tobacco free including in company vehicles.
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