Swiss Re - Plano, TX

posted 11 days ago

Full-time - Senior
Hybrid - Plano, TX
Insurance Carriers and Related Activities

About the position

Underwrite and manage an assigned territory within the Continental U.S. Overall responsibilities include approving all commercial and commercial contract surety bonds within your authority, managing agency relationships and appointments, marketing for new business, budgeting and strategic planning for the territory/region, receivable collections and, through the use of financial and qualitative analysis, achieve minimum loss ratio and maximum profitability for the Division.

Responsibilities

  • Ensure profitable underwriting decisions through appropriate financial analysis to determine the feasibility of providing surety credit.
  • Perform analysis on annual and internal financial statements and review other relevant credit information for new and existing accounts.
  • Analyze new account submissions for all commercial agents in the assigned territory.
  • Maintain current underwriting files in accordance with the Swiss Re Surety Group Procedure Manual for Commercial Surety.
  • Enhance existing agency relationships, identify and secure new agency relationships and terminate agent relationships that do not meet company revenue and profit objectives.
  • Schedule regular meetings with established agents.
  • Establish revenue goals and monitor losses for assigned region.
  • Maintain a strong working relationship with the Claims Division and review all losses with Claims.
  • Assist the Regional Manager in developing one to three year territory strategic plan.
  • Assist the SVP - Commercial Surety with internal audits on a monthly basis or as necessary.
  • Plan and manage regular meetings with agents, attend group functions, large account meetings and Swiss Re Corporate Solutions Surety Group regional meetings as required.
  • Manage any special projects as delegated by the SVP- Commercial.

Requirements

  • Bachelor's Degree with emphasis in business, preferably finance or accounting, or relevant experience in commercial surety underwriting.
  • 10+ years to be considered for Branch Manager level.
  • 7-10 years to be considered for Senior Underwriter level.
  • 3-5 years to be considered for Underwriter level.
  • Strong marketing skills and ability to obtain new business and work with commercial clients.
  • Strong competency in quantitative and financial analysis.
  • Effective written and verbal communication skills.
  • Competent computer skills including knowledge of Excel and Word.
  • Ability to travel up to 35%.

Benefits

  • Hybrid work model with the expectation to be in the office three days per week.
  • Total compensation approach considering base pay, short-and long-term incentives, and benefits.
Job Description Matching

Match and compare your resume to any job description

Start Matching
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service