Associate Surety Underwriter

Location

Boca Raton, FL

The Associate Surety Underwriter supports the underwriting and servicing of surety bond accounts by analyzing financial and operational information, evaluating risk, and assisting with underwriting decisions. This role works closely with agents, brokers, clients, and senior underwriting staff to grow and maintain a profitable surety portfolio while providing excellent customer service.

• Assist in the underwriting and evaluation of contract and commercial surety bond submissions.
• Review financial statements, credit reports, work-in-progress schedules, and other underwriting documentation.
• Analyze financial performance, liquidity, profitability, and overall creditworthiness of applicants.
• Support the issuance, renewal, and servicing of surety bonds in accordance with company guidelines and authority levels.
• Communicate with agents, brokers, and clients regarding underwriting requirements and bond requests.
• Maintain accurate underwriting files and documentation.
• Assist with special projects and portfolio management initiatives as assigned.

• Bachelor’s Degree in Business, Finance, Accounting, Economics, Marketing or a related field preferred.
• 0–3 years of experience in insurance, underwriting, banking, finance, accounting, or a related industry preferred.
• Strong Microsoft Office skills including Excel, Outlook, and Teams.
• Knowledge of surety, commercial insurance, financial analysis, or credit underwriting is a plus.
• Excellent written and verbal communication skills.
• Team-oriented mindset with a commitment to delivering quality results.
• Strong attention to detail and organizational abilities.

• Build strong relationships through transparency, trust, and respect for each other.
• Work in an agile environment, with a resilient mindset to find creative solutions to challenges.
• Collaborate and celebrate diverse perspectives, promoting inclusivity and equality.
• Do the right thing with strong conviction and integrity.
• Be bold and innovative to help make an impact.
• Demonstrable track record of working autonomously and driving progress.
• Be intellectually curious, think creatively, and pragmatic.

• Full Suite of Medical Benefits
• Long Term Financial Incentives – STOCK!
• 401k with 3.5% Automatic Fully Vested Employer Contributions
• Competitive PTO + Holiday Program
• Lifestyle Spending Allowance
• Professional Development Assistance
• Career Exploration Opportunities
• Regular company-wide social events (even virtually)

At Palomar, we are committed to diversity, equality and inclusion in all facets of the organization. We have built an open culture that celebrates the diversity of our workforce, while actively championing equality and inclusion practices that make us a company people want to work with and for.

Palomar will consider reasonable accommodations to ensure a qualified applicant with a disability can be considered for the position. Palomar will also consider necessary modifications to the physical work environment, or to the way a job is normally performed, so an individual with a disability can perform the essential functions of the position. Additional accommodations will be considered that enable an employee with a disability to enjoy equal benefits and privileges of employment like those enjoyed by other employees without disabilities.

$60,000 - $80,000 + Bonus Potential & Participation in our Competitive Long-Term Incentive (LTI) Program.

Palomar is an Equal Opportunity Employer.