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Vice President of Contract Surety Underwriting
2 months ago
We are seeking a highly experienced and skilled Vice President of Contract Surety Underwriting to join our team at IAT Insurance Group. As a key member of our underwriting management team, you will be responsible for managing the underwriting and marketing operations of our Contract Surety and Specialty Surety lines of business.
Key Responsibilities- Develop and implement underwriting strategies to drive business growth and profitability.
- Manage and assist assigned regional offices in achieving their budgeted financial results.
- Collaborate with cross-functional teams to develop and implement underwriting guidelines and policies.
- Establish and manage short and long-range goals and objectives for assigned regions.
- Perform all functions of personnel management of Regional Managers.
- Assist in the preparation of the annual budget for the Home Office Contract and Specialty Surety Divisions and Regional Profit Centers.
- Review and approve Regional Manager expense accounts.
- Provide training and direction to the Regional Manager and Profit Center staff.
- Act as a partner with Regional Managers to review marketing plans and determine appropriate levels of Home Office visibility to support agency/principal relationship.
- Maintain knowledge of current developments in the surety and agency industries as well as the industry of the principals to whom the company provides suretyship.
- Bachelor's degree and more than 10 years of relevant Surety industry experience or equivalent.
- Extensive Contract Surety experience is a must along with Specialty Surety ability.
- 6+ years of supervisory experience including a proven track record of coaching, mentoring, and providing career development direction to direct reports.
- Field experience.
- A proven track record of coaching, mentoring, and providing career development direction to direct reports.
- Ability to translate vision into concrete business plans and strategies.
- Experience driving effective team behaviors to ensure optimal outcomes.
- Ability to look for opportunities to drive change and challenge the status quo to improve organization.
- Proven track record of taking appropriate risks and uses failure as a learning opportunity.
- Ability to establish and develop long-standing relationships.
IAT Insurance Group is the largest private, family-owned property and casualty insurer in the U.S. We are committed to creating a culture where all employees are heard and have a sense of belonging. Inclusion and Diversity are not just initiatives, it's how we live. We're 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.
What We Offer- 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