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Contract Surety Underwriting Trainee
Company | West Bend Mutual Insurance Company |
Address | , Madison, 53717 |
Employment type | FULL_TIME |
Salary | |
Expires | 2023-12-02 |
Posted at | 8 months ago |
Summary of Responsibilities
Based out of the Madison, Wisconsin office, the Contract Surety Assistant Underwriter position is an excellent opportunity to develop and expand knowledge of the surety bond industry as an underwriting trainee.
Responsibilities will include:
- Working with territory underwriter, assist in analyzing new contract account submissions.
- Review construction contracts and assess project risk.
- Develop and maintain collaborative relationships with agents and contractor clients, through phone calls, in-person visits, and other strategic marketing opportunities.
- Assist territory underwriter(s) in answering phone calls, emails, and assisting with contract bond processing.
- Conduct financial statement and credit analyses, developing a comprehensive understanding of financial statements and key ratios.
- Maintain underwriting files, including requesting necessary file updates.
- Attend instructor led and web-based training, paired with self-study coursework, to enhance and develop underwriting acumen and knowledge of the surety industry.
- Perform credit and reference checks.
Preferred Experience and Skills
- Strong organizational and time management skills
- Excellent customer service/relationships skills
- Analytical and decision-making skills
- Oral and written communication skills
- Interpersonal skills
Preferred Education and Training
- Bachelor’s degree (preferably in Finance, Accounting, Economics, Business, or related field) or equivalent combination of education and experience
West Bend provides equal employment opportunities to all associates and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
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