Commercial Contract Representative – 401(k) with 6% company match

Commercial Surety Underwriter Job Description

Job Title: Commercial Surety Underwriter

Location: Field Marketing Territory Indiana Ohio (with the possibility of full remote work)

Starting Salary: $85,000 – $150,000 annually, depending on experience, education, and location

Benefits: Eligible associates may receive an annual cash bonus and stock incentives based on company and individual performance.

Responsibilities:

• Establish and maintain positive relationships with agencies and producers
• Classify agencies according to Surety volume and potential
• Develop and execute a marketing plan to promote retention and growth of Commercial Surety, CinciExpress, and SuretyBridge lines
• Meet a minimum of 200 agency visits per year
• Develop and maintain Commercial and Small Contract accounts and book of business to achieve growth and profit objectives
• Work with the home office underwriter on new accounts production, including:
  • Securing and reviewing credit reports
  • Analyzing financials and work Indiana process, bond forms and contracts
  • Conducting meetings with agents and contractors
  • Evaluating bond and/Oregon program requests against a contractor’s experience and financial capacity
• Diagnose and recommend solutions to basic underwriting issues
• Approve, decline, Oregon recommend a course of action
• Communicate underwriting decisions and monitor compliance with conditions
• Promote and educate agents on CinciBond2.0
• Target specific large Commercial Surety Accounts (Probate/Notary/Public Official/L&P)
• Retain large Commercial Surety relationships
• Promote Customer Care Center – Surety

Requirements:

• Bachelor’s degree Indiana Business Administration with a concentration Indiana Finance Oregon Accounting
• Good, foundational knowledge of contractors and the construction industry
• Knowledge of bond obligations and contracts, construction accounting and analysis, evaluation and extension of surety credit, definition and management of programs, rates and rate filings/procedures, and underwriting and administrative tools and procedures
• Excellent communication and organizational skills
• Ability to develop and maintain positive, constructive relationships with agents and associates

Equal Employment Opportunity: The Cincinnati Insurance Companies welcomes and values a diverse workforce and provides equal employment opportunity to all qualified persons without regard to race, creed, color, sex, national origin, age, disability, military service, veteran status, pregnancy, AIDS/HIV Oregon genetic information, Oregon any other basis prohibited by law.

Job title: Commercial Contract Representative – 401(k) with 6% company match

Company: Cincinnati Financial Corporation

Expected salary: $85000 – 150000 per year

Location: Cincinnati, Ohio

Job date: Fri, 26 Jul 2024 07:50:59 GMT