drjobs Surety Underwriting Manager

Surety Underwriting Manager

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1 Vacancy
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Job Location drjobs

Greenwood Village, CO - USA

Monthly Salary drjobs

$ 120000 - 170000

Vacancy

1 Vacancy

Job Description

IAT Surety has an immediate opening for a Surety Underwriting Manager in our Greenwood Village Colorado location. This role will work with both contract and commercial surety. This role will act to serve as a point member of our underwriting team handling routine underwriting responsibilities including but not limited to the below in a fashion consistent with the company policy and procedures. This involves interfacing with regional office Underwriters various home office personnel agents and principals. This role works a hybrid schedule from an IAT Office. The hybrid schedule reflects our values (thinking and acting like an owner collaboration and teamwork) as it requires working from the office with colleagues Monday through Wednesday with the option of working Thursday and Friday remotely.
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 lowvalue 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 jobrelated duties as required.
Qualifications:
MustHave:
  • Bachelors 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 to Have:
  • AFSB industry designations
  • Experience with contract and commercial surety
Our Culture
IAT is the largest private familyowned property and casualty insurer in the U.S. Insurance Answers Together is how we define IAT in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers. Its about far more than being a workplace. Were a work family.
At IAT our fundamental belief is to create a culture where all employees are heard and have a sense of belonging. Inclusion and Diversity are not just initiatives its how we live. Were committed to driving and building an open and supportive culture. By embracing the uniqueness of our employees investing in their development listening to and engaging their ideas we are stronger as an organization.
Our employees propel IAT forward driving innovation stable partnerships and growth. Thats why we continue to build an engaging workplace culture to attract and retain the best talent.
We offer comprehensive benefits like:
  • 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 performancebased bonuses
  • College Loan Assistance Support Plan
  • Educational Assistance Program
  • Mentorship Program
  • Dress for Your Day Policy
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 drugfree workplace and participate in EVerify.
Compensation:
Please note that the annual gross salary range associated with this posting is $120000 to $170000. This range represents the anticipated low and high end of the base salary for this position. The total compensation will include a base salary performancebased bonus opportunities 401(K) match profitsharing opportunities and more. Actual salaries will vary based on factors such as a candidates qualifications skills competencies and geographical location related to this specific role.
To view details of our full benefits please visit Experience:

Manager

Employment Type

Full-Time

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