Contract Underwriter
Chino Hills, CA 
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Posted 10 days ago
Job Description

Old Republic Surety Company (ORSC) is currently seeking a Contract Underwriter to join its Underwriting Team at our Chino Hills, CA branch.  ORSC ranks among the nation's top underwriters of contractors' performance and payment bonds, miscellaneous surety, and commercial fidelity, offering thousands of types of bonds. We are growing across the country which is creating new opportunities across the organization.   

In general, the Contract Underwriter analyzes all relevant information on bond renewals and submissions and underwrites within authority limit or recommends underwriting decisions to the manager. 

Essential duties for the role are as follows:
  • Underwrite bonds within authority limit, and/or make underwriting recommendations to management that will contribute to the Company profitability objective.
  • Develop and apply financial analysis and underwriting skills which lead to acceptable loss ratio objective.
  • Demonstrate proficiency in applying Company underwriting procedures and policies.
  • Participate in regular travel of the assigned territory by use of motor vehicle (personal, rental and/or company provided), public transportation and/or airplane. Travel is including, but not limited to, attending agency visits to maintain current business and/or obtain additional business, participating in industry specific events, and meeting with prospective business partners.
  • Develop and maintain rapport with agency plant and service agents to enhance marketing efforts.
  • Collaborate with other Company employees to promote efficient and effective underwriting services to agents.
  • Enter information and maintain the agency database utilizing Customer Relationship Management (CRM) software to assist in the marketing growth objectives of the respective branch and/or home office. Utilize data to grow business.
  • Other duties as assigned. 
This position requires a High School diploma, or equivalent, and a minimum of 18 months bond industry or related experience, or an equivalent combination of education and experience.

Working as a Contract Underwriter requires one to work independently and effectively within a fast-paced environment.  Proficiency with Microsoft (MS) Windows and Office products is necessary.  Other skills necessary include excellent oral and written communication skills, strong organizational and accurate proofreading skills, the ability to maintain accurate records, the ability to exercise discretion with confidential information, strong attention to detail, and the ability to use a variety of office equipment.

Old Republic Surety Company offers numerous opportunities for our employees to grow and prosper.  We have a culture of growth from within and we support our employees’ pursuits in advancing their careers.  We offer this in an open-door, collaborative workplace that encourages and rewards both teamwork and individual contributions.  We want bright, passionate individuals who share our values and quest for success.    To learn more about our company culture and our outstanding benefits, please visit our website and watch this video.

Interested?  Click ‘apply’ and follow some very simple steps to get your resume in front of the Talent Acquisition Team.

If this role is not quite what you were looking for, but you are interested in working for our company, you are encouraged to fill out a general application or visit our career page for other opportunities.  Old Republic Surety Company actively recruits talented individuals for a wide range of career opportunities.   Please consider joining our dynamic and growth-oriented company.

Old Republic Surety Company is an Equal Opportunity Employer and is committed to maintaining a diverse workplace.

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Salary and Benefits
ORSC offers an attractive benefits and retirement package including, but not limited to, medical, dental, vision, flexible spending and health savings account, life insurance, long term disability and a 401k matching program. In addition, a generous paid time off and paid holiday program is provided.
Required Education
High School or Equivalent
Required Experience
1+ years
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