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IAT Insurance Group
Surety Underwriting ManagerIAT Insurance Group • Plano, TX, United States
Surety Underwriting Manager

Surety Underwriting Manager

IAT Insurance Group • Plano, TX, United States
30+ days ago
Job type
  • Full-time
Job description

divh2Contract Surety Underwriting Manager/h2pIAT Insurance Group has an immediate opening for a Contract Surety Underwriting Manager in our Plano, Texas location. This role will act to serve as a point member of our underwriting team, handling routine underwriting responsibilities including but not limited to the below, in a fashion consistent with the company policy and procedures. This involves interfacing with regional office Underwriters, various home office personnel, agents and principals. This role works a hybrid schedule from an IAT Office in Plano. The hybrid schedule reflects our values (thinking and acting like an owner, collaboration, and teamwork) as it requires working from the office with colleagues and other disciplines Monday through Wednesday, with the option of working Thursday and Friday remotely./ph3Responsibilities/h3ulliFinancial and account analysis of pertinent financial data, authority, and referral requirements for consideration of new, existing and renewal business./liliRequesting and gathering financial information on assigned accounts./liliBond renewal preparation and determination on whether bonds should be cancelled./liliMaintain Agency relationships and provide exceptional service and support. May have authority to underwrite low value bonds and renewals./liliProvide general direction to the Bond Underwriting Assistants for bond processing./liliProvide quality recommendations to Branch and Home Office Reports on assigned accounts and agents./liliRate and review bonds for premium and classification accuracy./liliEnsure accuracy and completeness of files and verify that all necessary documentation is complete in file./liliAct as the primary service contact and visit agents assigned by the Regional Manager in order to foster and maintain an ongoing relationship./liliAccurately communicate knowledge of assigned accounts to Branch and Home Office personnel via written and verbal means./liliPrioritize workflow to ensure work is done in a timely fashion and all deadlines are met./liliOther job-related duties as required./li/ulh3Qualifications: Must Have:/h3ulliBachelors degree in Risk Management, Finance, Mathematics, Business or related with at least 7 years-experience in finance experience or equivalent/liliEquivalent is defined as 11 years of relevant finance experience/liliMust have thorough knowledge of Contract Surety industry along with an analytical skillset, which includes a minimum of 5 years of working in the industry/liliMust possess the ability to appropriately apply loss development and advanced loss analysis concepts to achieve optimal pricing of a risk/liliMust possess the ability to creatively utilize coverage features, deductibles, or reinsurance on individual risks to achieve company objectives/liliMust be able to provide a valid drivers license/liliTo qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes/li/ulh3Preferred to Have:/h3ulliAFSB industry designations/li/ulpAll qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify./ppIAT Insurance Group is the largest private, family-owned property and casualty insurer in the U.S. Insurance Answers Together is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers./ppAt IAT, were committed to driving and building an open and supportive culture for all. Our employees propel IAT forward driving innovation, stable partnerships and growth. Thats why we continue to build an engaging workplace culture to attract and retain the best talent./ppWe offer comprehensive benefits like:/pulli26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off/lili7% 401(k) Company Match and additional Profit Sharing/liliHybrid work environment/liliNumerous training and development opportunities to assist you in furthering your career/liliHealthcare and Wellness Programs/liliOpportunity to earn performance-based bonuses/liliCollege Loan Assistance Support Plan/liliEducational Assistance Program/liliMentorship Program/liliDress for Your Day Policy/li/ul/div

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Surety Underwriting Manager • Plano, TX, United States

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