Share this Job
Location: 

Denver, CO, US Seattle, WA, US

Surety Bond Underwriting Assistant

About Swiss Re

 

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace 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.

 

About the Job

Assist in underwriting contract surety accounts in conformance with SRCS Surety underwriting guidelines by performing underwriting file set-up and maintenance. Underwriting assistance can include but is not limited to pulling credit reports on company and owners and evaluating credit worthiness, opening new accounts, updating existing accounts and preserving all pertinent documentation, and performing preliminary analysis and evaluation of financial information for underwriter review.

(Management retains the discretion to add or change the duties of the position at any time.)

 

Essential Responsibilities 

  1. Update CUA/Imaging with current underwriting information for new & existing accounts.
  2. Enter financial information into CUA including preliminary "as allowed" analysis.
  3. Analyze and evaluate new and existing accounts and advise on potential issues/red flags and/or positive attributes to the accounts.
  4. Pull both personal credit and corporate credit reports as needed/requested.
  5. Set up new accounts in CUA.
  6. Prepare/review GIA's and/or subordination agreements upon request for 2underwriter or agents.
  7. Prepare and maintain bid log with results as received.
  8. Maintain current documentation and credit information files in accordance with the SRCS Surety Group Procedure Manual for Contract Surety as requested by underwriters.
  9. Approve consent of surety for agents on final bonds where there are no outstanding claims, all subs and suppliers have been paid and no lingering issues remain on the job.
  10. Participate in special projects and provide custom reports as delegated by the Regional/Branch Manager

Ancillary Responsibilities – Agency appointment documentation and follow up, miscellaneous agent questions/concerns/problems, update bid logs for approved bids & bid results, follow up on underwriting information for year-end review and/or conditional bid approval requirements.

 

About You

  1. Financial background or previous accounting experience.
  2. Some proficiency in quantitative and financial analysis.
  3. Effective written and verbal communication skills.
  4. Effective time management, organizational and problem-solving skills.
  5. Proficient computer skills including knowledge of Microsoft Office software.
  6. A desire to provide best in class customer service with a positive attitude.

 

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.


Nearest Major Market: Denver

Job Segment: Surety, HR, Claims, Underwriter, Insurance, Human Resources