Bond Interest Clerk jobs in Cincinnati, OH

Job Overview

The Surety Bond Assistant is responsible for creating and maintaining relationships with all surety clients and underwriters, servicing and invoicing their contract and miscellaneous bond needs, and obtaining current financial and other pertinent information for the surety company. The position is responsible for executing bid, performance, payment and other bonds in a timely manner. The Surety Account Manager will provide sales support, report bonds to the surety company, and perform data entry for internal bond reporting.

Duties and Responsibilities

• Timely & accurately execute miscellaneous bonds
• Manage the renewal process for existing commercial and miscellaneous bond renewals
• Submit bond requests and renewals to underwriter for approval
• Respond to accounting issues making appropriate adjustments/corrections
• Persistently document and maintain proper electronic files
• Request and review file information such as business & personal financial statements, Work in Progress reports, AR schedules, bank lines of credit, contract docs, bond forms, etc.
• Prepare general indemnity agreements (legal docs) and other various documents.
• Check work references on contractors applying for new surety credit
• Check on the status of jobs where contract bonds have been issued
• Report issued bonds to the surety companies, and performs data entry for internal bond reporting

Qualifications and Educational Requirements

• Business, Finance, Insurance, Banking, Accounting, Legal, Construction backgrounds are a plus
• Experience in providing superior customer service with excellent written and oral communication skills
• Working knowledge of MS Office, Adobe, & G Suite
• Strong analytic & problem solving skills
• Database management and file organization skills
• Meticulous attention to detail and ability to identify/prioritize/meet critical deadlines
• Must have a sincere interest in learning the surety bond business (if no experience), be motivated to advance within a small office, and be willing to obtain a Property and Casualty Insurance License in Ohio

Note: This document is intended to describe the general nature and level of work to be performed and is not to be construed as an exhaustive list of all responsibilities, duties and skills required for the job.

Job Type: Full-time

Pay: $42,000.00 - $55,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Disability insurance
• Health insurance
• Paid time off
• Parental leave
• Vision insurance

Weekly day range:

• Monday to Friday

Work setting:

• In-person

Ability to Relocate:

• Cincinnati, OH: Relocate before starting work (Required)

Work Location: In person