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Assistant Vice President

2 months ago


Dallas, Texas, United States Old Republic Surety CO Full time
Job Summary

Old Republic Surety Company is seeking a highly skilled and experienced Assistant Vice President - Bond Manager to join its Underwriting Team in Texas. This role will be based out of either an existing branch location or a potential new metropolitan branch location.

Key Responsibilities
  • Ensure profitability and growth of the branch office through effective and efficient management of personnel and other resources.
  • Market and underwrite acceptable bond classes to meet company objectives.
  • Provide effective and efficient management, by coaching and mentoring staff, to meet profit and growth goals.
  • Set and achieve a goal of desired net profit to meet Company objectives.
  • Set and attain production and territorial growth goals to ensure growth of the Company.
  • Review and critique underwriting submissions to meet company standards of underwriting; accept/reject risks within underwriting guidelines.
  • Identify staffing needs within the respective branch. Supervise direct reports, make recommendations for performance management and disciplinary action. Train subordinates to achieve goals.
  • Prepare and meet expense budget to contribute to overall profitability.
  • Keep current with marketing trends in area and advise company of these to respond appropriately to local needs and prevent adverse impact on book of business.
  • Participate in regular travel of the assigned territory by use of motor vehicle (personal, rental and/or company provided), public transportation and/or airplane.
  • Develop and maintain the agency database utilizing Customer Relationship Management (CRM) software to assist in the marketing growth objectives of the respective branch and/or home office.
Requirements
  • A High School diploma, or equivalent, and a minimum of five years of progressively successful managerial experience in underwriting, production, and marketing within the fidelity and surety industry or an equivalent combination of education and experience.
  • A valid driver's license and a motor vehicle operator's record that is considered satisfactory as defined by company and/or corporate procedures.
  • Proficiency with Microsoft (MS) Windows and Office products.
  • Excellent oral and written communication skills, strong organizational and accurate proofreading skills, the ability to maintain accurate records, the ability to exercise discretion with confidential information, strong attention to detail, and the ability to use a variety of office equipment.
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. Solutions provided include bid bonds, performance and payment bonds, and maintenance bonds for large, middle market and smaller growing contractors. ORSC consistently offers superior service and creative underwriting options in all 50 states.

Why Old Republic Surety Company?

Old Republic Surety Company offers numerous opportunities for our employees to grow and prosper. We have a culture of growth from within and we support our employees' pursuits in advancing their careers. We offer this in an open-door, collaborative workplace that encourages and rewards both teamwork and individual contributions.