Surety Account Manager
About The Position
Responsible for servicing assigned accounts including set-up, bonding, renewals and general questions. ESSENTIAL DUTIES AND RESPONSIBILITIES Performs independent reviews on bonding requirements and determines proper coverage and identify possible deficiencies. Obtains all pertinent underwriting information including financials needed to maintain principals bond program; Facilitates underwriting process & communication between the surety carrier and the client to execute bonds and riders to bonds; Partners with Brokers in marketing and placement of risks; Updates and maintains all manuals, powers of attorneys, etc.; Processes renewals, new bonds, and follows up on bond exonerations; Provides technical and problem solving support to staff; Performs a variety of commercial lines and accounting duties in support of department and agency; Serves as a technical expert and trainer; Assists other team members in resolving complex issues; Collection of fees, reconciliation and resolution of any outstanding balances within 90 days of invoicing date; Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information); Other duties as assigned.
Requirements
- Associate's Degree or equivalent combination of education and experience
- Five (5) or more years related work experience
- Familiar with rating and underwriting guidelines
- Valid Insurance License
- Excellent verbal and written communication skills
- Good leadership, problem solving and time management skills
- Advanced analytical skills
- Good planning, organizational and prioritization skills
- Ability and motivation to work independently
- Proficient in Microsoft Office products
Responsibilities
- Performs independent reviews on bonding requirements and determines proper coverage and identify possible deficiencies.
- Obtains all pertinent underwriting information including financials needed to maintain principals bond program
- Facilitates underwriting process & communication between the surety carrier and the client to execute bonds and riders to bonds
- Partners with Brokers in marketing and placement of risks
- Updates and maintains all manuals, powers of attorneys, etc.
- Processes renewals, new bonds, and follows up on bond exonerations
- Provides technical and problem solving support to staff
- Performs a variety of commercial lines and accounting duties in support of department and agency
- Serves as a technical expert and trainer
- Assists other team members in resolving complex issues
- Collection of fees, reconciliation and resolution of any outstanding balances within 90 days of invoicing date
- Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information)
- Other duties as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
Number of Employees
5,001-10,000 employees
