IAT Insurance Group
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Surety Underwriting Manager
role at
IAT Insurance Group
Responsibilities
Financial and account analysis of pertinent financial data, authority, and referral requirements for consideration of new, existing, and renewal business.
Requesting and gathering financial information on assigned accounts.
Bond renewal preparation and determination on whether bonds should be canceled.
Maintain Agency relationships and provide exceptional service and support. May have authority to underwrite low-value bonds and renewals.
Provide general direction to the Bond Underwriting Assistants for bond processing.
Provide quality recommendations to Branch and Home Office Reports on assigned accounts and agents.
Rate and review bonds for premium and classification accuracy.
Ensure the accuracy and completeness of files and verify that all necessary documentation is complete in the file.
Act as the primary service contact and visit agents assigned by the Regional Manager in order to foster and maintain an ongoing relationship.
Accurately communicate knowledge of assigned accounts to Branch and Home Office personnel via written and verbal means.
Prioritize workflow to ensure work is done in a timely fashion and all deadlines are met.
Other job-related duties as required.
Qualifications
Must-Have:
Bachelor’s degree in Risk Management, Finance, Mathematics, Business, or related with at least 7 years’ experience in surety or equivalent.
Equivalent is defined as 11 years of relevant finance experience.
Must have a thorough knowledge of the Surety industry along with an analytical skillset, which includes a minimum of 5 years of working in the industry.
Must possess the ability to appropriately apply loss development and advanced loss analysis concepts to achieve optimal pricing of a risk.
Must possess the ability to creatively utilize reinsurance on individual risks to achieve company objectives.
To qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes.
Preferred:
AFSB industry designations.
Experience with contract and commercial surety.
Compensation The annual gross salary range associated with this posting is $120,000 to $170,000. The total compensation will include a base salary, performance-based bonus opportunities, 401(k) match, profit-sharing opportunities, and more.
Benefits
26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off.
7% 401(k) Company Match and additional Profit Sharing.
Hybrid work environment.
Numerous training and development opportunities to assist you in furthering your career.
Healthcare and Wellness Programs.
Opportunity to earn performance-based bonuses.
College Loan Assistance Support Plan.
Educational Assistance Program.
Mentorship Program.
Dress for Your Day Policy.
EEO Statement All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.
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Surety Underwriting Manager
role at
IAT Insurance Group
Responsibilities
Financial and account analysis of pertinent financial data, authority, and referral requirements for consideration of new, existing, and renewal business.
Requesting and gathering financial information on assigned accounts.
Bond renewal preparation and determination on whether bonds should be canceled.
Maintain Agency relationships and provide exceptional service and support. May have authority to underwrite low-value bonds and renewals.
Provide general direction to the Bond Underwriting Assistants for bond processing.
Provide quality recommendations to Branch and Home Office Reports on assigned accounts and agents.
Rate and review bonds for premium and classification accuracy.
Ensure the accuracy and completeness of files and verify that all necessary documentation is complete in the file.
Act as the primary service contact and visit agents assigned by the Regional Manager in order to foster and maintain an ongoing relationship.
Accurately communicate knowledge of assigned accounts to Branch and Home Office personnel via written and verbal means.
Prioritize workflow to ensure work is done in a timely fashion and all deadlines are met.
Other job-related duties as required.
Qualifications
Must-Have:
Bachelor’s degree in Risk Management, Finance, Mathematics, Business, or related with at least 7 years’ experience in surety or equivalent.
Equivalent is defined as 11 years of relevant finance experience.
Must have a thorough knowledge of the Surety industry along with an analytical skillset, which includes a minimum of 5 years of working in the industry.
Must possess the ability to appropriately apply loss development and advanced loss analysis concepts to achieve optimal pricing of a risk.
Must possess the ability to creatively utilize reinsurance on individual risks to achieve company objectives.
To qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes.
Preferred:
AFSB industry designations.
Experience with contract and commercial surety.
Compensation The annual gross salary range associated with this posting is $120,000 to $170,000. The total compensation will include a base salary, performance-based bonus opportunities, 401(k) match, profit-sharing opportunities, and more.
Benefits
26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off.
7% 401(k) Company Match and additional Profit Sharing.
Hybrid work environment.
Numerous training and development opportunities to assist you in furthering your career.
Healthcare and Wellness Programs.
Opportunity to earn performance-based bonuses.
College Loan Assistance Support Plan.
Educational Assistance Program.
Mentorship Program.
Dress for Your Day Policy.
EEO Statement All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.
#J-18808-Ljbffr