Sr. Contract Underwriting Territory Manager

Merchants Bonding Company•Chicago, IL

3d•$145,000 - $175,000•Hybrid

About The Position

Merchants Bonding Company™ is hiring professionals who value clarity, collaboration, and opportunities to make an impact. Our team is growing, and we’re looking for people who thrive in a fast-moving environment built on common sense underwriting and first-class experiences. If you're ready for the next step in your career with a team that says yes to the best, this is your opportunity. BUILD YOUR CAREER AT MERCHANTS Are you a determined individual and creative problem-solver looking to join a collaborative team? We value communication and purpose-driven work, so we are excited to find someone like you who thrives in an environment where they can make a real impact. If you are passionate about your work and want to be part of an innovative team that values your input, then we have exactly what you're looking for to build your career. ABOUT THE TEAM The Contract Underwriting department is unique as we solely focus on surety bonds, while offering best in class customer service to our agencies and accounts. Our common sense underwriting philosophy allows us to look at the whole picture while having flexibility to see each account on its own merits. Nationwide, our underwriting team has a collaborative culture with a diverse work environment of motivated, fully invested in the team, individuals who bring people together and strengthen bonds.

Requirements

Skills – Possess strong analytical and research skills, and the ability to shift focus quickly to handle a variety of bond applications.
Financially Savvy – You can confidently read and analyze financial documents with ease.
Detail-Oriented – You have a keen eye for detail and strong critical thinking and analysis skills.
Communication Master – You possess exceptional verbal and written communication skills, and you know how to tailor your message to different audiences.
Collaborative By Nature – You're able to work independently while also being an effective team player.
Customer Service Champions – You have a track record of providing first-class experiences to everyone around you.
Strategic Thinkers – You approach negotiations with a strategic mindset, always keeping the bigger picture in mind.

Nice To Haves

Successful underwriters typically have a Bachelor’s degree in business, accounting, or finance, or equivalent work experience in the bond industry and/or commercial banking/real estate.
Ideally, they have 5-10+ years of experience in underwriting positions.
However, we are open to candidates who bring unique experience and skills to the table, and who are eager to learn and develop themselves further.
We're excited to hear from candidates who are driven, adaptable, and open to learning new things. If you have the foundational qualifications listed above, and a passion for growth and development, we encourage you to apply.

Responsibilities

Underwriting – Evaluate surety risks based on authority and strategy, review agent submissions and documentation, assess profit/loss potential, and determine appropriate rates.
Quoting and Communication – Prepare bond quotes, respond to inquiries, and develop positive relationships with agents and major accounts through regular on-site visits.
Business Development – Seek out new business opportunities through prospecting and marketing efforts, and represent the company professionally at industry events while networking with peers.