Northeast Regional Manager - Commercial Surety
About The Position
Munich Re Specialty - North America is a leading specialty insurance provider dedicated to delivering exceptional underwriting, claims, and risk management expertise to its partners and customers. As a trusted industry expert, it offers a broad range of comprehensive and customized solutions, including casualty, professional lines, property, surety, and public entity coverages. With the financial strength and global resources of its A+ Superior (A.M. Best) rated organization, it provides unmatched stability and reliability. The team is committed to superior service levels, a distinctive approach to specialty solutions, and a deep understanding of the complex risks clients face. This role is part of a dynamic and experienced organization that is shaping the future of specialty insurance in North America.
Requirements
- Bachelor’s degree in Business Administration, Economics, Finance, Accounting, or related field
- 10 years or more of progressive experience working with surety products
- Entrepreneurial skill set, excellent marketing, negotiating and communication skills
- Successful track record of developing and maintaining strong relationships with agents/brokers
- Ability to think strategically and function tactically
- Exceptional communication skills that energize and engage brokers, clients and colleagues and the ability to convey a vision and client-focused solutions
- Ability to present and negotiate complex agreements with brokers
- Effective time management and organizational skills
- Willingness to travel up to 40%
Responsibilities
- Develop and execute a strategic business plan in order to expand our surety portfolio and will maintain full P/L responsibility for the region
- Establish and maintain key surety broker relationships in compliance with guidelines for new and renewal surety business
- Develop and underwrite a profitable portfolio, coordinate new/renewal business while exercising proper underwriting pricing and discipline in compliance with underwriting guidelines, systems and procedures
- Hire, develop and train other team members in your region Sr. Underwriters, Underwriters, Associates and Trainees as appropriate.
- Collaborate with MRSNA Surety colleagues in order to fully leverage MRSNA Surety capabilities and increase our customer base
Benefits
- health insurance coverage
- an employee wellness program
- life and disability insurance
- 401k match
- retirement savings plan
- paid holidays
- paid time off (PTO)
- Two options for your health insurance plan (PPO or High Deductible)
- Prescription drug coverage (included in your health insurance plan)
- Vision and dental insurance plans
- basic life insurance equal to 1x annual salary and AD&D coverage that is equal to 1x annual salary
- Short and Long Term Disability coverage
- Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes Spouse/domestic partner and children)
- Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity)
- A robust 401k plan with up to a 5% employer match
- A retirement savings plan that is 100% company funded
- Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries
- Eligibility to receive a yearly bonus as a Munich Re employee
- A variety of health and wellness programs provided at no cost
- Paid time off for eligible family care needs
- Tuition assistance and educational achievement bonuses
- A corporate matching gifts program that further enhances your charitable donation
- Paid time off to volunteer in your community
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What This Job Offers
Job Type
Full-time
Career Level
Senior
