Surety Underwriting Analyst

Posted:
8/15/2024, 5:00:00 PM

Location(s):
Houston, Texas, United States ⋅ Texas, United States

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Growth & Marketing

We’re thrilled that you are interested in joining us here at the Amynta Group!

Work with VP/SVP, and other members on the Amynta Surety Team, in the marketing, production and underwriting commercial surety business in accordance with the U.S. Surety business plan, underwriting standards and procedures (AUP).
  • Enroll and Complete the following AFSB (Associate Surety & Fidelity Bonding) Courses:
    • AFSB 151 – Understanding Surety Bond Basics
    • AFSB 152 – Contract Surety
    • AFSB 153 – Mastering Commercial Surety Bonding & Crime Insurance
  • Develop and build strong relationships with assigned producers and active and prospective account risk managers and executives.
  • Develop and prosecute producer and target account marketing plan in support of surety business objectives.
  • Underwrite account and bond new business opportunities. Negotiate terms and conditions including security agreements and collateral. Establish single and aggregate credit limitations for each account and monitor continuously.
  • Underwrite and monitor existing accounts on a continuous basis and follow for information updates as needed.
  • Communicate proactively and effectively with producers and account where applicable.
  • Negotiate and structure terms, conditions and rates consistent with surety strategy, underwriting standards and rate filings.
  • Participate and undertake applicable professional, technical and career development training (delivered internally and externally) to include attainment of associated qualifications where required.
  • Ensure company, market and client related documentation is issued (internally and externally) accurately and on time where applicable.
  • Comply with external and internal regulatory and statutory policies, procedures and regulations.
  • Operate as an effective team member by supporting colleagues and contributing in the delivery and achievement of overall team and business objectives.
  • Liaise with relevant and associated areas and groups within the business process to establish, support and maintain business relationships and organizational effectiveness.
  • Undertake any other duties of a similar nature that the company reasonably requests to be performed that are within the expertise and skills of the jobholder.

BASIC AND PREFERRED QUALIFICATIONS (EDUCATION AND EXPERIENCE)

  • College degree (or equivalent experience in surety underwriting/service required.

MINIMUM JOB SKILLS, ABILITIES AND QUALIFICATIONS

  • Strong analytical skills. Course work/experience in accounting, finance and business law is a plus.
  • Strong oral and written communication skills.
  • Effective relationship building skills.
  • Team Player with Ability to Multi-Task.
  • Knowledge of Microsoft Office (Word and Excel).

The Amynta Group (the “Company”) is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of any ground of discrimination protected by applicable human rights legislation. The information collected is solely used to determine suitability for employment, verify identity and maintain employment statistics on applicants.

Applicants with disabilities may be entitled to reasonable accommodation throughout the recruitment process in accordance with applicable human rights and accessibility legislation. A reasonable accommodation is an adjustment to processes, procedures, methods of conveying information and/or the physical environment, which may include the provision of additional support, in order to remove barriers a candidate may face during recruitment such that each candidate has an equal employment opportunity. The Company will accommodate a candidate to the point of undue hardship. Please inform the Company's personnel representative if you require any accommodation in the application process.