Experienced Underwriter, Contract Surety

A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway’s insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character.
We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work. We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognized. Want to be part of the team building the finest property, casualty and specialty lines insurance company in the world?
Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for a senior level Contract Surety Underwriter in the Midwest Region. While proximity to our Chicago office is preferred, we are open to individuals located anywhere within our Midwest Region.
This is a customer-focused position ideally suited for a professional of the highest ethical standards that is dedicated to excellence and has a passion for the surety business. The ideal candidate values working in a highly collaborative environment, simplicity over complexity, and thinking outside of the box in providing practical solutions for brokers and customers. Fill a vital role as the lead underwriter on an existing, high-quality quality portfolio of contract surety clients
Analyze credit quality, and utilize expertise to make sound decisions pertaining to terms, conditions, and pricing
Contract, RFP, & bond form review for a wide range of risks including middle market, subcontract, and national contractors
Actively contribute to daily operations, development of systems, and underwriting practices across the overall surety organization
Minimum 5 years of underwriting experience within contract surety or a comparable credit or financial-oriented industry
Financial analysis and credit assessment skills
Ability to travel up to 35% of the time based on business need
A competitive package and exciting growth opportunities for career-oriented teammates.
A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates, and our other stakeholders.
Comprehensive Health, Dental and Vision benefits
Disability Insurance (both short-term and long-term)
Life Insurance (for you and your family)
Accidental Death & Dismemberment Insurance (for you and your family)
Flexible Spending Accounts
Health Reimbursement Account
Employee Assistance Program
Retirement Savings 401(k) Plan with Company Match
Generous holiday and Paid Time Off
Tuition Reimbursement
The base salary range for this position is from $120,000.00 to $200,000.00, along with annual bonus eligibility;