IAT Insurance Group
IAT Insurance Group is seeking a highly skilled Senior Commercial Surety Underwriter to join our team in Newark, New Jersey. This role will handle most aspects of daily interaction with assigned agents regarding new and existing accounts, including gathering, analyzing, and evaluating all information on an account and making a recommendation or decision to the Regional Manager based on that information. The hybrid schedule requires working from the office Monday through Wednesday, with the option of working Thursday and Friday remotely.
Responsibilities
Proactively seek renewal and new account opportunities
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
Market independently to our agent and broker partners with an emphasis on production
Enhance IAT’s presence in the marketplace
Provide quality recommendations to Branch and Home Office Reports on assigned accounts and agents
Rate and review bonds for premium and classification accuracy
Ensure accuracy and completeness of files and verify all necessary documentation is complete in the file
Serve as key contact for assigned target accounts
Prioritize workflow to ensure work is done in a timely fashion and all deadlines are met
Perform other duties as needed
Qualifications
Must-Have: Bachelor’s degree, at least 4 years of relevant experience or equivalent.
Equivalent is defined as 8 years of relevant bond underwriting experience.
Must have two years of surety underwriting experience.
Passion for marketing and developing relationships.
Strong competency in quantitative and financial analysis.
Requires strong math aptitude, excellent verbal and written communication, interpersonal and negotiating skills.
Must be customer service oriented and have the utmost integrity.
Authorized to work in the United States and no VISA sponsorship required.
Preferred: AFSB industry designation.
Compensation Annual gross salary range: $137,880 – $163,270 (base salary). Total compensation includes 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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Responsibilities
Proactively seek renewal and new account opportunities
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
Market independently to our agent and broker partners with an emphasis on production
Enhance IAT’s presence in the marketplace
Provide quality recommendations to Branch and Home Office Reports on assigned accounts and agents
Rate and review bonds for premium and classification accuracy
Ensure accuracy and completeness of files and verify all necessary documentation is complete in the file
Serve as key contact for assigned target accounts
Prioritize workflow to ensure work is done in a timely fashion and all deadlines are met
Perform other duties as needed
Qualifications
Must-Have: Bachelor’s degree, at least 4 years of relevant experience or equivalent.
Equivalent is defined as 8 years of relevant bond underwriting experience.
Must have two years of surety underwriting experience.
Passion for marketing and developing relationships.
Strong competency in quantitative and financial analysis.
Requires strong math aptitude, excellent verbal and written communication, interpersonal and negotiating skills.
Must be customer service oriented and have the utmost integrity.
Authorized to work in the United States and no VISA sponsorship required.
Preferred: AFSB industry designation.
Compensation Annual gross salary range: $137,880 – $163,270 (base salary). Total compensation includes 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