West Bend Mutual Insurance - Charlotte, NC
posted 4 months ago
West Bend is seeking an experienced contract surety underwriter based out of the Charlotte, NC area, to take over an established territory comprised of the states of North Carolina, South Carolina, and Virginia. This position is crucial for managing the territory, growing the contract surety book of business, and supporting company goals by identifying actions needed to assure premium growth and underwriting profit. The underwriter will report to the Madison, Wisconsin office and will play a key role in the company's success by ensuring that the underwriting process aligns with the company's standards and objectives. The responsibilities of the contract surety underwriter include overseeing the selection of bond risks to ensure that accounts comply with company and reinsurance underwriting guidelines. The individual will also be responsible for promoting and marketing the West Bend Surety division throughout the assigned territory, representing the company at agency and industry-related functions. Maintaining underwriting files with a superior understanding of financial statement analysis, both personal and business, as well as work in process analysis, is essential to assess the acceptability of risk. Additionally, the underwriter will be tasked with developing new business opportunities by leveraging a successful track record in the marketing and underwriting of contract surety. Building and maintaining collaborative relationships with agents and contractor clients through phone calls, in-person visits, and other strategic marketing opportunities will be a significant part of the role. This position offers a unique opportunity to contribute to the growth and success of West Bend while fostering a culture of belonging and appreciation within the organization.