AVP, Commercial Surety

Arch Capital Group • Saint Paul, MN

245d • $133,753 - $180,959 • Hybrid

About The Position

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility. Assist in overseeing surety production and underwriting activities within the region. Establish and execute shared marketing plan with key producers and clients. Contribute to division's goals and objectives through prudent underwriting, risk selection, and portfolio management.

Requirements

• College degree in Business with successful completion of courses in Finance, Management, Accounting, Marketing, Economics or equivalent work experience
• Minimum of six years surety underwriting experience and/or equivalent surety related experience required

Responsibilities

• Gather and analyze all relevant information, applying appropriate underwriting techniques, necessary to make an accurate evaluation of credit quality & acceptability of risk
• Demonstrate strong surety bond product knowledge and ability to work with surety account management systems to document for complex commercial surety accounts
• Develop and maintain strong working relationships with assigned producers and cultivate new relationships
• Responsible for developing and managing a book of business, meeting/exceeding profitability objectives as set forth by regional leadership
• Continuously monitor assigned accounts to ensure compliance with Arch standards and make/recommend appropriate corrective actions as needed for risk mitigation
• Prepare underwriting submissions, making recommendations and/or decisions within established authority limits

Benefits

• Incentive eligible compensation
• Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs

What This Job Offers

• Career Level: Mid Level
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree