Core Specialty
Commercial Surety Regional Manager
RemoteUnited States only
- Experience
- Senior
- Employment
- Full-time
Salary not disclosed
Check eligibility
Open to US only. Set where you work from to check your eligibility.
No BS summary
Senior commercial surety underwriting leader for a US-based territory. Needs 5+ years surety underwriting experience, strong financial statement analysis and agency development skills. Must be authorized to work in the U.S.; employer will not sponsor visas.
Core skills
financial statement analysissurety underwriting
Required skills
credit underwritingunderwriting softwareMicrosoft OfficeAdobequantitative analysisnegotiationpresentation
Optional skills
AFSBCPCUadvanced degree
What you'll do
- Serve as lead underwriter for the assigned territory.
- Analyze, evaluate, and approve commercial surety submissions within delegated authority.
- Review and assess financial statements, interim financial reports, work-in-progress schedules, bank agreements, credit reports, tax returns, and other underwriting information.
- Structure and negotiate underwriting terms, collateral requirements, indemnity agreements, and other risk mitigation measures.
- Determine appropriate capacity, pricing, and terms for new and renewal business.
- Monitor portfolio performance and take corrective action as necessary to achieve profitability objectives.
- Participate in large account reviews and referral discussions.
- Deliver responsive, solution-oriented service to brokers and insureds.
- Resolve complex underwriting issues and relationship challenges.
- Collaborate with claims, legal, accounting, and operations departments to support business objectives.
- Travel throughout the territory to maintain agency and client relationships.
- Recruit, train, mentor, and develop commercial surety underwriters.
- Provide technical underwriting guidance and coaching.
- Own profit and loss results for the assigned region.
- Manage portfolio mix, pricing adequacy, retention, and growth metrics.
- Develop and execute regional marketing and production plans.
- Build and strengthen relationships with retail and wholesale surety brokers.
- Represent the company at industry events, agency meetings, conferences, and association functions.
- Maintain underwriting quality and adherence to company guidelines and authority levels.
- Maintain a high level of market visibility and accessibility.
- Assist in establishing underwriting goals and performance expectations.
- Promote underwriting consistency and best practices across the region.
- Participate in succession planning and employee development initiatives.
- Monitor premium volume, loss ratio, expense ratio, and collection objectives.
- Conduct periodic book reviews to identify trends, opportunities, and emerging risks.
- Evaluate agency performance and manage agency relationships accordingly.
- Recommend strategic actions to improve profitability and operational performance.
- Identify and develop new business opportunities consistent with company risk appetite.
- Conduct regular agency visits and joint sales calls.
- Establish agency business plans and monitor production goals.
What they require
- Bachelor’s degree in Business, Accounting, Finance, or related field is required
- Advanced degree or professional certifications (e.g. AFSB, CPCU, etc.) is preferred
- Proven experience (typically 5+ years) in underwriting roles within the surety industry
- Strong financial statement analysis and credit underwriting skills
- Demonstrated success developing agency relationships and generating profitable growth
- Strong negotiation, communication, and presentation skills
- Ability to exercise independent underwriting judgment
- Proven business development and marketing experience
- Willingness to travel throughout assigned territory
- Applicants must be authorized to work for any employer in the U.S.
- Employer will not sponsor or take over work authorization sponsorship now or in the future for this position
- Bachelor’s degree in Business, Accounting, Finance, or related field is required.
- Advanced degree or professional certifications (e.g. AFSB, CPCU, etc.) is preferred.
- Proven experience (typically 5+ years) in underwriting roles within the surety industry.
- Strong financial statement analysis and credit underwriting skills.
- Demonstrated success developing agency relationships and generating profitable growth.
- Strong negotiation, communication, and presentation skills.
- Ability to exercise independent underwriting judgment.
- Proven business development and marketing experience.
- Willingness to travel throughout assigned territory.
- Applicants must be authorized to work for any employer in the U.S.; employer cannot sponsor work authorization.
Benefits
- medical insurance
- dental insurance
- vision insurance
- life insurance
- short and long-term disability
- Company-match of 100% of a 6% contribution 401(k) plan
- Employee Assistance Plan
- Health Savings Account
- Flexible Spending Account
- Health Reimbursement Account
- wellness program
- Competitive salary
- Medical, dental, vision, and life insurances
Multi-state commercial auto insurance carrier
Insurance
Details
Visa sponsorshipNo
Salary not disclosed