Associate Surety Underwriter

Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. Palomar welcomes the best and brightest to our thriving team. Guided by an entrepreneurial spirit, Palomar is building a dynamic and diverse team.

Join a company built on a culture of agility, innovation and authenticity that delivers peace of mind and protection to individuals and businesses impacted by adversity.

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 help 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
• 401k with 3.5% Automatic Fully Vested Employer Contributions
• Competitive PTO + Holiday Program
• Professional Development Assistance
• Regular company-wide social events (even virtually!)

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 usually 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 that are enjoyed by other employees without disabilities.

Palomar is an Equal Opportunity Employer.

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

The above pay range is for all US-based roles based on function and level, benchmarked against companies of similar size and scope. To be compliant with local legislation as well as provide greater transparency to candidates, we disclose salary ranges on all job postings regardless of the desired job location. We also offer a competitive annual discretionary bonus program and the opportunity for annual long-term incentive stock grants.

In addition, we offer a highly competitive benefits package. Final offer amounts are determined by multiple factors, including candidate experience and qualifications, and may vary from the amounts listed above.