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 :
Knowledge, Skills & Abilities :
The hiring salary range for this position will vary based on geographic location, falling within either the $42,000-$58,000 range or the $46,000-$64,000 range. A hiring range represents a subset of the full salary range. The actual salary will depend on several factors, including relevant education, skills, and experience of an applicant, geographic location, and business needs.
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.
Salary : $46,000 - $64,000
