Underwriting Assistant- Contract Surety

Old Republic Surety Company (ORSC) is currently seeking an Underwriting Assistant to join its Underwriting Support Team at our branch office in West Des Moines, IA. In general theUnderwriting Assistantperforms a variety of administrative duties to support Branch and Home Office Underwriting operations. This position assists in the underwriting of contract bond requests, orders credit reports on new submissions, enters financials and ensures completion on bank references.
DUTIES AND RESPONSIBILITIES:  

• Enter bid bond requests and complete Contract Bond Requests (CBRs). Follow up with agent for any out of line items or missing information. Obtain approvals from Home Office or underwriter. Enter new bond submissions into computer profile. Follow up with agent for missing information.
• Order credit reports on new submissions and on an annual basis. Review and report any deficiencies to underwriter. Enter financials and results into the computer profile. Update profile as new information is received.
• Send out references, including bank references. Ensure completion and report any deficiencies. Develop referencing information independent of contractor questionnaire.
• Prepare and send out General Indemnity Agreements. Follow-up for completion. Load contractor work in progress schedules into computer system.
• Obtain, complete and send out statuses on accounts. Maintain a suspense system and keep the underwriter or Senior Assistant Underwriter up to date.
• Assist Home Office with accounting discrepancies and past due accounts. Review direct bill past due list monthly and contact principal and agent on late pays.
• Provide Home Office Claims with claim notices along with appropriate bond information and assist with information requests.
• Perform administrative duties including typing correspondence and miscellaneous documents, handling mail, assisting callers, filing, photocopying, faxing, ordering supplies, and using/maintaining office equipment.

QUALIFICATIONS:
This position requires a High School diploma, or equivalent, and a minimum of one year related experience or an equivalent combination of education and experience.
  

Working as an Underwriting Assistant requires one to work independently and effectively within a fast-paced environment.  Proficiency with Microsoft (MS) Windows and Office products is necessary.  Other skills necessary include excellent oral and written communication skills, strong organizational and accurate proofreading skills, the ability to maintain accurate records, the ability to exercise discretion with confidential information, strong attention to detail, and the ability to use a variety of office equipment.  

PHYSICAL AND ENVIRONMENTAL DEMANDS:
This position requires one to sit for extended periods of time and stand and/or walk occasionally. The position requires one to occasionally push, pull, carry, and/or lift up to 10 pounds . No personal
protective equipment is required. Ergonomic equipment is available to employees.  

WHO ARE WE?
Old Republic Surety Company underwrites contract, fidelity, and commercial bonds, serviced through a network of more than 4,500 independent insurance agencies. Solutions provided include bid bonds, performance and payment bonds, and maintenance bonds for large, middle market and smaller growing contractors.  ORSC consistently offers superior service and creative underwriting options in all 50 states.     

WHY OLD REPUBLIC SURETY COMPANY?
Old Republic Surety Company offers numerous opportunities for our employees to grow and prosper.  We have a culture of growth from within and we support our employees’ pursuits in advancing their careers.  We offer this in an open-door, collaborative workplace that encourages and rewards both teamwork and individual contributions.  We want bright, passionate individuals who share our values and quest for success.    To learn more about our company culture and our outstanding benefits, please visit our website and watch this video.  

COMPANY BENEFITS   

Financial:  

• Competitive salary
• 401k Savings & Profit-Sharing Plan, including company match contribution
• Roth investment options
• 529 Education Savings Plan
• Employee Referral Bonus Program

Health:  

• Health Insurance
• Dental Insurance
• Flexible Spending & Health Savings Account options
• Life Insurance
• Vision Insurance
• Supplement Life Insurance
• Long-Term Disability Insurance
• Paid Leave of Absence Benefits
• Accident & Critical Illness Insurance
• Pet Insurance

Work-Life Balance:  

• 38.75 hour standard work week
• Hybrid work opportunities available upon completion of training
• Casual business attire
• Generous paid time-off (PTO)
• Paid holidays
• Volunteer opportunities
• Company-sponsored events and outings

Interested?  Click ‘apply’ and follow some very simple steps to get your resume in front of the Talent Acquisition Team.  

Old Republic Surety Company is an Equal Opportunity Employer and is committed to maintaining a diverse workplace.
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