Regional Vice President of Commercial Surety Operations
2 months ago
Old Republic Surety Company is seeking a highly experienced and skilled Regional Vice President of Commercial Surety Operations to join its Field Leadership Team. This key role oversees the management of assigned branch offices and provides strategic direction to branch personnel. The successful candidate will have a proven track record in Surety Underwriting and Marketing, with a strong understanding of the industry and its trends.
Key Responsibilities- Leadership and Management
- Supervise direct reports and provide guidance on performance management and development.
- Contribute to the selection process for new employees and ensure a smooth onboarding experience.
- Branch Office Management
- Oversee the management of assigned branch offices, ensuring effective operations and compliance with company standards.
- Develop and implement training programs for field personnel to enhance their skills and knowledge.
- Underwriting and Marketing
- Promote Old Republic Surety Company's contract surety underwriting standards and ensure compliance across the region.
- Recommend authority levels and conditions for Bond Managers and Underwriters within the assigned region.
- Coordinate and approve underwriting submissions within the assigned region, ensuring timely and accurate decision-making.
- Business Planning and Execution
- Evaluate annual business plans of assigned branch offices and provide strategic direction for execution.
- Develop and implement expense management plans to meet budget targets and contribute to overall profitability.
- Agency Management and Business Development
- Participate in sales and underwriting activities to drive business growth and development.
- Develop and maintain strong relationships with key brokers and agencies.
- Education
- Bachelor's Degree in a related field, or equivalent.
- Experience
- Minimum of eight years of related experience in Surety Underwriting and Marketing.
- Skills
- Excellent oral and written communication skills.
- Strong organizational and analytical skills.
- Ability to maintain accurate records and exercise discretion with confidential information.
- Proficiency with Microsoft Office products.
- Competitive Compensation
- Competitive salary and bonus structure.
- Benefits
- 401k Savings & Profit-Sharing Plan, including company match contribution.
- Roth investment options.
- Employee Referral Bonus Program.
- Work-Life Balance
- 38.75 hour standard work week.
- Hybrid work opportunities available upon completion of training.
- Generous paid time-off (PTO) and paid holidays.
Old Republic Surety Company underwrites contract, fidelity, and commercial bonds, serviced through a network of more than 4,500 independent insurance agencies. We offer superior service and creative underwriting options in all 50 states.
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