Jr. Underwriter, Contract Surety

We are seeking a Jr. Underwriter to assist in managing our contract surety submissions, review financials, update annual renewal lines and assist with our soon-to-be-launched additional insurance products.

Colonial is an established direct writer of surety, fidelity, and specialty insurance products. We are seeking a Jr. Underwriter to assist in managing our contract surety submissions, review financials, update annual renewal lines and assist with our soon-to-be-launched additional insurance products.

Candidates will:

– assist in managing a specific product line and directly interfacing with the public and our industry partners.

– be trained to make exception decisions to write business that deviates from our underwriting algorithm.

– report to our corporate office M-F, 8:30am – 5:30pm

– gain experience working with underwriters and in time work independently to set contract surety lines and limits.

– work with multiple different departments and gain experience in customer service, sales, and marketing

Experience Required:

  • BA/BS in business or related field (Finance preferred) with proven academic success
  • 2 plus years of contract surety underwriting experience is a must.
  • Contract surety experience with a company vs. an agency
  • Strong communication skills
  • Strong written, verbal, and follow up skills
  • Proficient in MS Office, typing, overall ability to learn and work with customized systems
  • Strong analytical skills
  • Strong objective judgment

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