Bond Underwriting Associate

Posted 4 Days Ago
Be an Early Applicant
Hiring Remotely in Colorado, USA
Remote
43K-65K Annually
Junior
Fintech • Insurance
The Role
Process and approve new and renewal fidelity and commercial surety bonds within limited authority. Enter, rate, and code bond business; develop premiums; handle cancellations, endorsements, correspondence, credit reports, and indemnity agreements while supporting underwriters and meeting with agents and insureds.
Summary Generated by Built In

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.

  

**This position can be performed remotely for candidates who reside in CO**

Essential Functions:        

  • Obtains information necessary to approve and process renewals for fidelity and commercial surety. 

  • Communicates with underwriters and agents to obtain the necessary information. 

  • Assesses risk and makes the final decision on approving and issuance of new and renewal bond policies within limited authority.

  • Travels with manager to meet with agents and insureds to learn about underwriting and marketing.

  • Enters, rates, and codes all new bond business and renewals. 

  • Develops premiums for all bonds.

  • Enters all cancellations and endorsements.

  • Preps, images, and indexes correspondence into the computer system from email, mail, and underwriters.

  • Issues and processes all status inquiries on contract bonds. 

  • Enters and assists the bond underwriters with general indemnity agreements for contract and miscellaneous bond accounts as well as tracking them.

  • 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. 

  • Updates underwriters on credit report results.

  • Reviews reports for all contract and non-contract bonds. 

Education & Experience:

  • Associate 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 and keyboarding skills including knowledge of Microsoft Office Suite

  • 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

  • Ability to work effectively with others, as well as independently

The hiring salary range for this position will vary based on geographic location, falling within either of the following:

$43,081 - $59,537 or $47,635 - $65,482

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.



For information relating to the benefits EMC Team Members receive as part of a comprehensive rewards package, please visit www.emcins.com/careers.

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.

Skills Required

  • Associate degree or equivalent relevant experience
  • Bachelor's degree
  • Fidelity and surety bond experience
  • Knowledge of surety and fidelity underwriting terminology, coverage forms, related documents and procedures
  • Strong computer and keyboarding skills including knowledge of Microsoft Office Suite
  • Strong verbal and written communication skills
  • Excellent customer service skills
  • Good math and bookkeeping skills
  • Ability to work on multiple tasks at one time with frequent interruptions
  • Detail-oriented with strong problem-solving, organizational, and prioritizing skills
  • Ability to work effectively with others, as well as independently
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Des Moines, IA
1,794 Employees
Year Founded: 1911

What We Do

EMC Insurance Companies is among the top 60 insurance organizations in the country based on net written premium, and we have more than 2,500 employees. The company was organized in 1911 to write workers’ compensation protection in Iowa. Today, EMC provides property and casualty insurance products and services throughout the United States and writes reinsurance contracts worldwide. Operating under the trade name EMC Insurance Companies, Employers Mutual Casualty Company and one or more of its affiliated companies is licensed in all 50 states and the District of Columbia.

Similar Jobs

Wipfli Logo Wipfli

Tax Manager

Cloud • Fintech • Software • Business Intelligence • Consulting • Financial Services
Remote or Hybrid
Denver, CO, USA
2900 Employees
122K-183K Annually

Wipfli Logo Wipfli

Tax Manager

Cloud • Fintech • Software • Business Intelligence • Consulting • Financial Services
Remote or Hybrid
Denver, CO, USA
2900 Employees
122K-183K Annually

Wipfli Logo Wipfli

Manager, Accounting Advisory - Construction Industry Clients

Cloud • Fintech • Software • Business Intelligence • Consulting • Financial Services
Remote or Hybrid
Denver, CO, USA
2900 Employees
122K-165K Annually

Wipfli Logo Wipfli

Tax Senior Manager - Real Estate

Cloud • Fintech • Software • Business Intelligence • Consulting • Financial Services
Remote or Hybrid
United States
2900 Employees
142K-192K Annually

Similar Companies Hiring

Hanover Park Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
42 Employees
Kepler  Thumbnail
Fintech • Software
New York, New York
6 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account