Jr. Underwriter, Contract Surety

Colonial Surety Company • Remote (NJ, United States) • $200k - $250k / year • 1m ago

Jr. Underwriter, Contract Surety

We are seeking a Jr. Underwriter to assist in managing our contract surety submissions, reviewing financials, updating annual renewal lines, and assisting with our soon-to-be-launched additional insurance products.

Colonial is an established direct writer of surety, fidelity, and specialty insurance products.

Candidates will:

Assist in managing a specific product line and directly interface with the public and our industry partners.
Be trained to make exception decisions to write business that deviates from our underwriting algorithm.
Report to our corporate office M-F, 8:30am – 5:30pm.
Gain experience working with underwriters and, in time, work independently to set contract surety lines and limits.
Work with multiple different departments and gain experience in customer service, sales, and marketing.

Experience Required:

BA/BS in business or related field (Finance preferred) with proven academic success.
2 plus years of contract surety underwriting experience is a must.
Contract surety experience with a company vs. an agency.
Strong written, verbal, and follow-up skills.
Proficient in MS Office, typing, and overall ability to learn and work with customized systems.

Licensed in all U.S. States and Territories.

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