Senior Bond Underwriter; Remote
Michigan, USA
Listed on 2025-12-18
-
Finance & Banking
Underwriter -
Insurance
Underwriter, Insurance Analyst
Senior Bond Underwriter (Remote)
Selective Insurance – property and casualty insurance company (U.S. based). This remote position seeks a seasoned underwriter to evaluate complex bond risks, perform credit and financial analysis, and provide advanced technical guidance to agents.
OverviewEvaluate complex risks by performing credit and financial analysis of bond contracts. Complete underwriting on new business and renewal contracts. Provide advanced technical guidance to agents regarding various underwriting information, including cross-selling other company products and services. All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements.
Responsibilities- Perform financial and statistical analysis of complex bond submissions, utilizing company systems.
- Resolve challenging bond issues through telephone, written correspondence and/or personal contact with agents, insureds and/or internal employees.
- Independently make decisions on bond submissions for new business and for renewals within delegated authority levels.
- Develop and present underwriting recommendations, as required, to management.
- Ensure adequate pricing of individual risks through proper classification, accuracy of information and adherence to company bond policies, procedures, standards and philosophy and all applicable rate filings.
- Process renewal form letters, status inquiry reviews and revisions.
- Participate in agency marketing visits and underwriting meetings.
- Promote company products and services.
- Provide guidance to agents, policy holders, and other internal personnel regarding technically challenging bond situations in office or on a regional level.
- Keep abreast of industry‑related legal and regulatory information, issues and decisions that affect the bond department.
- Recommend changes in bond policies or procedures which would benefit the department and the company.
- Act as a proactive advisor to management and other bond personnel on bond issues.
- Mentor and/or train less experienced underwriters and trainees.
- Excellent analytical skills; oral and written communication skills.
- Must have a keen knowledge of Suretyship and the ability to interpret product and laws.
- Must have knowledge of PC adaptation of software applications.
- Ability to work both independently and in a team environment.
- College degree preferred.
- 2‑4 years of underwriting experience or equivalent related work experience (credit modeling, accounting, financial statement analysis, construction, etc.).
Competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. Benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and 20 days of paid time off.
Additional details can be found on the benefits page.
USD $84,000.00 - USD $ /Yr.
Additional InformationSelective is an Equal Employment Opportunity employer. We respect and value every individual’s unique opinions, beliefs, abilities, and perspectives. We are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences – and empowers employees to contribute new ideas that support our continued and growing success.
For Massachusetts applicants:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Not Applicable
Employment TypeFull‑time
Job FunctionFinance and Sales
IndustriesInsurance
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