Surety Assistant Underwriting Manager
Surety Assistant Underwriting Manager
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$ 118000 - 147000
1 Vacancy
Job Description
IAT Surety has an immediate opening for a Surety Assistant Underwriting Manager in our Walnut Creek California. This role will 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. Please note IAT works on a hybrid schedule working from the office Monday through Wednesday with the option of working remotely Thursday and Friday.
- Proactively seek renewal and new account opportunities
- Financial and account analysis of construction companies authority and referral requirements for consideration of new existing and renewal business.
- Requesting and gathering financial information on assigned accounts.
- Maintain agency relationships and assist in developing or strengthening relationships with agents that are not directly assigned.
- Market independently to our agent and broker partners with an emphasis on production
- Enhance IATs presence in the marketplace
- Provide general direction to the Bond Underwriting Assistants for bond processing and the Contract Underwriters in Walnut Creek.
- Formulate quality recommendations to Branch and Home Office on assigned accounts and agents.
- Rate and review bonds for premium and classification accuracy.
- Ensure accuracy and completeness of files and verify that all necessary documentation is complete in file.
- Act as the primary service contact and visit agents assigned by the Regional Manager 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.
- Bachelors degree in Finance Mathematics Business or related with at least 6 years-experience in Contract Surety or equivalent.
- Equivalent is defined as 9 years of relevant Contract Surety underwriting experience.
- Knowledge of Surety
- Passion for marketing and developing relationships
- Strong competency in quantitative and financial analysis
- Requires strong math aptitude excellent verbal and written communication
- Desire to develop as a leader
- 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.
- AFSB industry designations
- Experience with both contract and/or commercial surety
- Existing industry relationships
At IAT were committed to driving and building an open and supportive culture for all. 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.
- 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
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.
To view details of our full benefits please visit Experience:
Manager
Employment Type
Full-Time
