Commercial Bond Underwriter

Tokio Marine HCC – Surety Group, a member of the Tokio Marine Group of Companies, has an opportunity for Commercial Bond Underwriter at our San Diego CA branch office.

Job Summary Reviews commercial bond applications to evaluate, classify, and rate each risk to determine acceptability, coverage, and pricing. Establishes, maintains and develops agency and/or broker relationships. Has defined underwriting authority and business development responsibility.

• Review commercial bond applications to evaluate, classify, and rate each risk to determine acceptability and rating.
• Input basic applicant financial information into underwriting system including working capital, net worth, net income, etc. to determine if supplied information falls within credit book guidelines.
• Prepare bond execution and Financial Adjustment Notices (FAN) reports.
• Approve within given authority or recommend approval or denial of bonds to higher authority within field or home office.
• Draft and issue surety bonds according to established guidelines.
• Resolve legal, accounting and collateral issues related to bond submissions with internal clients.
• Cultivate relationships with internal and external contacts to facilitate the underwriting process, promote business development, and to remain abreast of industry trends
• May perform some or all duties of Underwriting Assistant II/III.

• Planning Follow work plans, established timelines, and predefined goals for assigned work.
• Planning Meet commitments on deadlines.
• Communication Communicate activities, results, and observations with employees and management as appropriate.
• Cost Management Identify areas for improvement in existing business practices.
• Cost Management Perform work thoroughly in a cost-efficient manner and at a high productivity level.
• Business Controls and Policies Comply with all corporate policies and procedures.
• Business Controls and Policies Report any breakdowns in controls to management.
• Business Controls and Policies Conduct all activities in a safe manner.
• People Management No people management responsibility.

Minimum 2 Year / associate degree in business administration, accounting, finance, a related field, or the equivalent education and/or experience.

2 Years Relevant and progressive professional experience

Possess and have ability to apply knowledge of principles, practices, and procedures

Solid written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy

Advanced organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously

Knowledgeable of industry changes, legal updates, and technical developments related to applicable area of the Company's business to proactively respond to changing business environment

Intermediate proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word)

For candidates working in person in San Diego, the reasonable pay range for this specific position is $69,700 to $104,500. The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of color, race, sex, national origin, sexual orientation, gender identity, gender expression, religion, age, veteran status, disability, pregnancy, citizenship status, genetic information, or any other basis protected by federal, state, or local pay equity laws.

The salary range is the range TMHCC, in good faith, believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future, and actual compensation may vary from posting based on geographic location, work experience, education, and/or skill level. Even within the pay range, the actual compensation will vary depending on the above factors as well as market and business considerations.

The Tokio Marine HCC Group of Companies are equal opportunity employers. Please visit  for more information about our companies. Your success is our priority. In a world that is rapidly changing, TMHCC enables you to take on opportunities with confidence. At Tokio Marine HCC, we pride ourselves on hiring the smartest, most conscientious people, who want to make a difference no matter their background.

And then we give them the support and trust they need. We’re always looking for curious, creative transformative thinkers who want to change the status quo and have a passion for doing the right thing. If this is you, then we want you on our team.