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Underwriter - Surety Bond (or Senior Underwriter) Join to apply for the Underwriter - Surety Bond (or Senior Underwriter) role at Swiss Re Underwriter - Surety Bond (or Senior Underwriter) 3 weeks ago Be among the first 25 applicants Join to apply for the Underwriter - Surety Bond (or Senior Underwriter) role at Swiss Re About The Role Underwrite and manage an assigned territory within the Continental U.S. Overall responsibilities include approving all commercial and commercial contract surety bonds within your authority, managing agency relationships and appointments, marketing for new business, budgeting and strategic planning for the territory/region, receivable collections and, through the use of financial and qualitative analysis, achieve minimum loss ratio and maximum profitability for the Division. Ensure profitable underwriting decisions through appropriate financial analysis to determine the feasibility of providing surety credit Perform analysis on annual and internal financial statements and review other relevant credit information for new and existing accounts Analyze new account submissions for all commercial agents in the assigned territory Maintain current underwriting files in accordance with the Swiss Re Surety Group Procedure Manual for Commercial Surety Enhance existing agency relationships, identify and secure new agency relationships and terminate agent relationships that do not meet company revenue and profit objectives. Schedule regular meetings with established agents Establish revenue goals and monitor losses for assigned region Maintain a strong working relationship with the Claims Division and review all losses with Claims Assist the Regional Manager in developing one to three year territory strategic plan Assist the SVP – Commercial Surety with internal audits on a monthly basis or as necessary Plan and manage regular meetings with agents, attend group functions, large account meetings and Swiss Re Corporate Solutions Surety Group regional meetings as required Manage any special projects as delegated by the SVP- Commercial About The Role Underwrite and manage an assigned territory within the Continental U.S. Overall responsibilities include approving all commercial and commercial contract surety bonds within your authority, managing agency relationships and appointments, marketing for new business, budgeting and strategic planning for the territory/region, receivable collections and, through the use of financial and qualitative analysis, achieve minimum loss ratio and maximum profitability for the Division. Essential Responsibilities – Ensure profitable underwriting decisions through appropriate financial analysis to determine the feasibility of providing surety credit Perform analysis on annual and internal financial statements and review other relevant credit information for new and existing accounts Analyze new account submissions for all commercial agents in the assigned territory Maintain current underwriting files in accordance with the Swiss Re Surety Group Procedure Manual for Commercial Surety Enhance existing agency relationships, identify and secure new agency relationships and terminate agent relationships that do not meet company revenue and profit objectives. Schedule regular meetings with established agents Establish revenue goals and monitor losses for assigned region Maintain a strong working relationship with the Claims Division and review all losses with Claims Assist the Regional Manager in developing one to three year territory strategic plan Assist the SVP – Commercial Surety with internal audits on a monthly basis or as necessary Plan and manage regular meetings with agents, attend group functions, large account meetings and Swiss Re Corporate Solutions Surety Group regional meetings as required Manage any special projects as delegated by the SVP- Commercial About You Bachelors Degree with emphasis in business, preferably finance or accounting, or, the following years of relevant experience in commercial surety underwriting 10+ years to be considered for Branch Manager level 7-10 years to be considered for Senior Underwriter level 3-5 years to be considered for Underwriter level MUST have a minimum of 2-3 years of surety underwriting experience Strong marketing skills and ability to obtain new business and work with commercial clients Strong competency in quantitative and financial analysis Effective written and verbal communication skills Competent computer skills including knowledge of Excel and Word Ability to travel up to 35% This position may be located in Seattle, San Francisco, or Los Angeles. Our company has a hybrid work model where the expectation is that you will be in the office or visiting clients three days per week. The estimated base salary range for this position is $156,000 to $246,000. The specific salary offered for any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation. About Swiss Re Corporate Solutions Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime. Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind. Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability. If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience. Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled. During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed. Keywords Reference Code: 133301 Seniority level Seniority level Not Applicable Employment type Employment type Full-time Job function Job function Finance and Sales Industries Insurance Referrals increase your chances of interviewing at Swiss Re by 2x Seattle, WA $88,200.00-$143,800.00 2 weeks ago SIU Senior Investigator, Underwriting/Premium Investigations Seattle, WA $110,000.00-$145,000.00 3 weeks ago Seattle, WA $106,500.00-$186,500.00 1 week ago Surety Field - Regional Director - Large Contract Seattle, WA $130,000.00-$195,000.00 6 days ago Seattle, WA $114,600.00-$194,800.00 2 days ago Seattle, WA $98,500.00-$215,000.00 1 week ago Seattle, WA $66,000.00-$157,000.00 1 week ago Construction Professional Liability Underwriter (Mid-Level II or Sr. Level III) Seattle, WA $75,000.00-$165,000.00 5 days ago E&S Primary Casualty Underwriter (Senior or AVP) Seattle, WA $98,500.00-$215,000.00 4 days ago Bellevue, WA $66,000.00-$157,000.00 1 week ago Bellevue, WA $85,000.00-$100,000.00 6 months ago Tacoma, WA $66,000.00-$157,000.00 1 week ago Executive Underwriter or Senior Underwriter, Construction Casualty Kent, WA $66,000.00-$157,000.00 1 week ago Complex General Liability and Umbrella (High Hazard) Senior Underwriter Seattle, WA $140,000.00-$165,000.00 6 days ago Market Facing Underwriter-Middle Market (Mid-Senior or Senior) Seattle, WA $94,000.00-$170,000.00 4 days ago Account Executive Officer/Senior Underwriter Construction Loss Sensitive Bellevue, WA $111,600.00-$184,200.00 5 days ago Middle Market Sr Sales Underwriting Specialist We’re unlocking community knowledge in a new way. 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