Surety Placement Specialist

2 weeks ago

Ann Arbor, Michigan, United States Hylant Full time


The Opportunity:

The Surety Risk Consultant plays a crucial role in executing placements and delivering technical expertise, including account management and brokerage services, to both new and existing surety clients. This position necessitates collaboration with internal sales and service teams, as well as clients and vendor partners, to ensure a positive customer experience that fosters client retention and long-term relationships.

Key Responsibilities:
  • Serve as a coverage expert, providing technical support to internal teams and external clients.
  • Work closely with client executives and the surety team to determine the best program design and placement for clients.
  • Oversee marketing efforts for new accounts, including information gathering, outreach to various sureties, and presenting terms and conditions to clients.
  • Coordinate with bond processors and client executives to address bond declinations and take necessary actions.
  • Build and maintain relationships with insurance carriers, centers of influence, and vendors that are essential to our success and align with our mission and core values.
  • Develop educational content for both internal and external audiences.
  • Assess appropriate markets and bond structures for assigned clients and prospects.
  • Support the Claims team in the technical evaluation and interpretation of policies.
  • Market submissions to carriers to secure the most advantageous surety program tailored to client needs.
  • Facilitate bond placements for clients with innovative terms.
  • Provide technical evaluation and interpretation of bonds to assist with claims requirements.
  • Perform additional duties and special projects as assigned.
Qualifications:
  • A minimum of five (5) years of experience in Surety placements.
  • A Bachelor's degree or an equivalent combination of education and work experience.
  • Experience in surety brokering, risk management, underwriting, and consulting is highly preferred.
  • Advanced technical knowledge of surety.
  • Active Property & Casualty insurance license.
  • Demonstrated ability to cultivate and sustain strong relationships with internal and external stakeholders.
  • Exceptional communication skills, both oral and written, including listening, speaking, and writing.
  • Willingness to travel by car or airplane for meetings, conferences, or other business-related functions.
  • Must be legally authorized to work in the United States.
Why Hylant?

As a multi-year recipient of Best Places to Work in Insurance, Hylant is a comprehensive insurance brokerage with numerous offices across multiple states. Since our family-owned business was established over 85 years ago, we have committed to strengthening and protecting the businesses, employees, and communities of our client family by treating them as our own. We pride ourselves on being more than just an insurance brokerage firm; we consider our clients, employees, and neighbors as family, and that is how we treat you.

Hylant is an equal opportunity workplace. All qualified applicants will receive consideration for employment without regard to race, marital status, sex, age, color, religion, national origin, Veteran status, disability, or any other characteristic protected by law. If you have a disability or special need that requires accommodation, please inform us. Hylant participates in E-Verify.

#LI-Hybrid

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