Bond Underwriter 1

At EMC, we’re all about working together to make an impact. As part of our team, you’ll have the opportunity to grow, contribute, and gain experience that matters. We strive to be caring leaders, close partners, and responsive experts—always supporting each other to do our best work. Join us, and let’s improve lives together.

**This position is hybrid for candidates who reside in the Des Moines, Iowa metro area**

Essential Functions:

• Under close supervision, assists in analyzing and underwriting contract and commercial surety accounts which includes analysis of financial statements, work in progress reports, and overall credit worthiness.  Shadows experienced underwriters to gain an understanding of the necessary information required to make decisions on approving or declining a bond request.  Reviews and learns the proper documentation required to keep account files current.  Uses and gains an understanding of the various bond forms and terminology. 

• Works within various computer applications to properly research and underwrite a bond.  Researches the bond manual and other sources to further develop knowledge on EMC bond underwriting processes. References bond systems to research and utilize prior bond underwriting to maintain consistency standards for similar bond underwriting criteria. 

• Attends agency visits with the bond team members to gain an understanding of the independent agency system. 

• Attends contractor visits with the bond team members to understand the necessary information to gather, proper approach in asking questions, and gain an overall comfort level meeting with contractors.

• Reviews surety bond manuals.  Attends the NAIS underwriting school.

• Participates in industry functions, meetings, and seminars.  Keeps current on trade publications and business journals. 

Education & Experience:

• Bachelor’s degree, preferably in accounting, finance, or business, or equivalent relevant experience   

• Experience in the insurance, banking, or construction industry preferred

Knowledge, Skills & Abilities:

• Good analytical and problem-solving skills

• Strong multitasking and organizational skills

• Strong computer and keyboarding skills including knowledge of Microsoft Office Suite

• Good human relation skills, including written and verbal communication skills

• Ability to work effectively with others, as well as independently

• Occasional travel required; a valid driver’s license with an acceptable motor vehicle report per company standards required if driving

The hiring salary range for this position will vary based on geographic location, falling within either of the following:

$51,201 - $70,730 or $56,581 - $77,796

A hiring range represents a subset of the full salary range. The actual salary will depend on several factors, including relevant education, skills, and experience of an applicant, geographic location, and business needs.

For information relating to the benefits EMC Team Members receive as part of a comprehensive rewards package, please visit www.emcins.com/careers.

Our employment practices are in accordance with the laws that prohibit discrimination due to race, color, creed, sex, sexual orientation, gender identity, genetic information, religion, age, national origin or ancestry, physical or mental disability, medical condition, veteran status, active military status, citizenship status, marital status or any other consideration made unlawful by federal, state, or local laws.

All of our locations are tobacco free including in company vehicles.