What are the responsibilities and job description for the Senior Large Commercial Surety Executive Underwriter position at The Jonus Group?
Senior Large Commercial Surety Executive Underwriter Job DescriptionLarge Commercial Surety Executive Underwriter - Remote60% Business Development; 40% UnderwritingWork and develop existing agents and appointing agents$5M in single accounts; up to $10M in aggregate accountsAnalyzes quality and quantity of risks underwriting and prepares reports accordinglyAccurately evaluates complex risk exposures and ensures review of financial statements, credit reports, bank and other underwriting documentsUnderwrites new businesses, selects acceptable risks to class and price according to guidelines, and rejects business that is unacceptableAnalyzes regional underwriting performance experience, identifies problems on a territory level and proposes action plans to address / rectify those situationsThis position has NO DIRECT REPORTS; They are managing a territoryResponsibilities60% Business Development; 40% UnderwritingWork and develop existing agents and appointing agents$5M in single accounts; up to $10M in aggregate accountsAnalyzes quality and quantity of risks underwriting and prepares reports accordinglyAccurately evaluates complex risk exposures and ensures review of financial statements, credit reports, bank and other underwriting documentsUnderwrites new businesses, selects acceptable risks to class and price according to guidelines, and rejects business that is unacceptableAnalyzes regional underwriting performance experience, identifies problems on a territory level and proposes action plans to address / rectify those situationsThis position has NO DIRECT REPORTS; They are managing a territoryRequirements7 years of experience of Commercial Surety underwriting for bondsMust have handled a large book of business; $2M in premium minimumProficient in business development, sales, and / or marketingMust have carrier experience; not just agency experienceStrong communication, analytical skills, and business skillsBachelor's Degree is strongly desiredSalary / Benefits$125,000 - $160,000 / yearBonus is $20k per year401k after 60 days of employment (Employer matches 50% of the first 8% employee contribution totaling a 4% employer match)23 PTO Days2%-4% annual salary increaseSeniority level Mid-Senior levelEmployment type Full-timeJob function Sales, Business Development, and FinanceIndustries Banking, Financial Services, and Insurance#J-18808-Ljbffr
Salary : $20,000
