Home Office Commercial Surety Underwriting Director

Great American Insurance GroupNJ
109d$175,000 - $230,000

About The Position

Great American Insurance Group's Bond Division is hiring a Home Office Commercial Surety Underwriting Director. The candidate can be located anywhere within the continental United States. The position involves in-office work and traveling within the United States. The Bond Division has been underwriting surety bonds since 1926 and is known for expert underwriting, solid financial strength, market leadership, and creative solutions. This role is accountable for overseeing Financial Products Underwriting operations, enhancing workflow efficiency, and maintaining high productivity levels. The director will develop and implement strategic plans for the Production Underwriting team, ensuring alignment with business goals and objectives.

Requirements

  • Bachelor or Master’s Degree in Finance, Economics, Business, or a related field or equivalent experience.
  • Minimum of 10-15 years of surety underwriting experience.
  • Minimum of 5 years of leadership experience.
  • Completion of or progress toward a professional designation preferred (e.g., AFSB, CPCU, CPA, RPLU).

Responsibilities

  • Oversee Financial Products Underwriting operations and enhance workflow efficiency.
  • Develop and implement strategic plans for the Production Underwriting team.
  • Assess underwritten risk quality and volume, compiling comprehensive reports.
  • Leverage strategic relationships with internal and external stakeholders to drive profitable growth.
  • Guide the assessment of policy renewals and modifications, recommending improvements.
  • Deliver exceptional customer service by monitoring service levels and implementing improvements.
  • Oversee product and service promotions to align with market growth objectives.
  • Implement, apply, and update underwriting rules, rating manual guidelines, and insurance regulations.
  • Perform other duties as assigned.

Benefits

  • Medical, dental, and vision plans starting on day one.
  • Paid time off (PTO) and paid holidays.
  • Commuter benefits.
  • Employee stock purchase plan.
  • Education reimbursement.
  • Paid parental leave/adoption assistance.
  • 401(k) plan with company match.
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