Regional Vice President of Commercial Surety Operations

7 days ago

West Des Moines, Iowa, United States Old Republic Surety CO Full time
About the Role

We are seeking a highly experienced and skilled Regional Vice President of Commercial Surety Operations to join our team at Old Republic Surety Company. As a key member of our Field Leadership Team, you will be responsible for overseeing the management of assigned branch offices and providing strategic direction to branch personnel.

Key Responsibilities
  • Leadership and Management: Supervise direct reports, make recommendations for performance management and disciplinary action, and contribute to the new employee selection process.
  • Branch Office Management: Oversee the management of assigned branch offices, provide management and development to branch personnel, and assist in the development of training programs for field personnel.
  • Underwriting and Compliance: Promote Old Republic Surety Company's contract surety underwriting standards and ensure compliance with those standards. Assist Home Office in evaluating underwriting guidelines and recommend authority levels and conditions for Bond Managers and Underwriters within the assigned region.
  • Business Planning and Execution: Evaluate annual business plans of assigned branch offices, prepare annual business plans and budgets within the assigned region, and provide strategic direction in executing business plans.
  • Expense Management and Profitability: Execute expense management plans, along with Bond Managers, to meet budget and contribute to overall profitability.
  • Sales and Underwriting Activities: Participate in sales and underwriting activities as they relate to agency management and business development, develop agency plant and key broker relationships, and other duties as assigned.
Qualifications
  • Education: Bachelor's Degree in a related field, or equivalent.
  • Experience: Minimum of eight years of related experience, or an equivalent combination of education and experience.
  • Skills: Excellent oral and written communication skills, strong organizational and accurate proofreading skills, ability to maintain accurate records, ability to exercise discretion with confidential information, strong attention to detail, and ability to use a variety of office equipment.
Working Conditions

This position requires frequent travel by use of motor vehicle, public transportation, and/or airplane. A valid driver's license and a motor vehicle operator's record that is considered satisfactory as defined by company and/or corporate procedures are required.

About Old Republic Surety Company

Old Republic Surety Company underwrites contract, fidelity, and commercial bonds, serviced through a network of more than 4,500 independent insurance agencies. We consistently offer superior service and creative underwriting options in all 50 states.

Company Benefits
  • Financial: Competitive salary, 401k Savings & Profit-Sharing Plan, including company match contribution, Roth investment options, 529 Education Savings Plan, and Employee Referral Bonus Program.
  • Health: Health Insurance, Dental Insurance, Flexible Spending & Health Savings Account options, Life Insurance, Vision Insurance, Supplement Life Insurance, Long-Term Disability Insurance, Paid Leave of Absence Benefits, Accident & Critical Illness Insurance, and Pet Insurance.
  • Work-Life Balance: 38.75 hour standard work week, hybrid work opportunities available upon completion of training, casual business attire, generous paid time-off (PTO), paid holidays, volunteer opportunities, and company-sponsored events and outings.

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