Bond Underwriting Associate
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 - $65,482A 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.