Avalon Risk Management (“Avalon”) is a specialty insurance broker with offices in major port cities throughout the country. We focus on the unique and exciting world of risk management and insurance products for the international trade and logistics industry. Avalon is a privately held company owned by our founding management team and we have celebrated over 25 years of success. We are looking for a reliable Surety Underwriter interested in joining our growing Bond Underwriting department on a full-time basis. The position will work from our headquarters in Schaumburg, Illinois and after an introductory training period will be eligible for a hybrid in-office and work from home environment.
Our ideal candidate for this growing team will have at least 2 years’ professional office experience in a role that involved some insurance, financial-based, or other analytical responsibilities and will preferably possess a bachelor’s degree in a business field. Related insurance or accounting education in lieu of direct experience is acceptable. The Surety Underwriter will have excellent verbal and written communication skills and excellent attention to detail. The candidate must also be very organized and consistently meet deadlines. Strong computer skills, especially with MS Word and Excel are required.

Our Surety Underwriters communicate with our offices, clients, insurance markets, and government agencies to gather and assess information for surety related coverage and bond renewals. Responsibilities include:

• Underwriting bond risks within assigned parameters and authority
• Drafting underwriting approval requests to reinsurers
• Assisting agents and customers with various bond-related questions and regulations
• Handling and/or assisting with bond insufficiency notifications
• Managing bond supplies and requests
• Handling and/or assisting with letters of credit and other collateral maintenance tasks
• Preparing various management reports to manage surety program utilizing various software tools including Word, Excel, Access, etc. and our proprietary Merlin software
• Work on special projects for reinsurance, collateral reviews, audits, etc.

Avalon is a premier provider of innovative insurance and surety solutions. This is a full-time, exempt position with a starting base compensation range of $50,000 - $52,000 per year. We offer a benefits package that includes health, dental and vision insurance, 401(k), tuition reimbursement, student debt assistance, and more. Avalon is an equal opportunity employer that has been voted locally as Best Places to Work in IL and nationally as Best Places to Work in Insurance creating a best in class culture for employees. New hires will need to complete a background check.
Interested candidates should get to know us online at www.avalonrisk.com, or by viewing our LinkedIn, Facebook, and Twitter social media profiles. Apply today via our quick application process

• Underwriting bond risks within assigned parameters and authority
• Drafting underwriting approval requests to reinsurers
• Assisting agents and customers with various bond-related questions and regulations
• Handling and/or assisting with bond insufficiency notifications
• Managing bond supplies and requests
• Handling and/or assisting with letters of credit and other collateral maintenance tasks
• Preparing various management reports to manage surety program utilizing various software tools including Word, Excel, Access, etc. and our proprietary Merlin software
• Work on special projects for reinsurance, collateral reviews, audits, etc