Contract Bond Underwriter
Job Opportunity at Coyote Technical Executive Sourcing, LLC

Posted on Dec 2

http://www.coyotesourcing.com/board.html    305-809-7518

Location: Los Angeles, CA
Job Type: Full Time
Job ID: W4145768



Under general direction, reviews contract 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.

Key Responsibilities:

Relying on limited experience and knowledge, the Contract Bond Underwriter is responsible for accomplishing the following assignments. These assignments are varied in nature.

• Review contract bond applications, bond forms, and contracts to evaluate, classify, and rate each risk to determine acceptability and rating.
• Perform analysis of applicant's financial statements and accompanying schedules, review their credit history, reference their credit and performance, and related due diligence.
• Review bond execution reports and Financial Adjustment Notices (FAN). Draft and issue surety bonds according to established guidelines.
• Approve within given authority or recommend approval or denial of bonds to higher authority within field or home office. 
• 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


• Bachelor's degree in Business Administration, Accounting or Finance or a related field or the equivalent education and/or experience

• Minimum of two years of relevant and progressive surety bond underwriting experience that includes a strong working knowledge of state laws and operating procedures.

• 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)

No visa sponsorship (H1-B, etc.) available at this time, sorry.

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