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IAT Insurance Group · 2 months ago

Assistant Regional Manager, Contract Surety

TX Spring Business Site (Houston)

Full-time

Hybrid

Senior Level

7+ years exp

IAT Insurance Group is the largest private, family-owned property and casualty insurer in the U.S. They are seeking an Assistant Regional Manager, Surety, responsible for regional growth and development, managing staff performance, and establishing business strategies to position IAT as a leader in the surety marketplace.

CommercialFinanceFinancial ServicesInsuranceInsurTech

Comp. & Benefits

No H1B

Responsibilities

Secondary Driver of the Business; becomes Primary absent the Regional Manager

Secondary Intermediary between the Branch and Home Office; becomes Primary absent the Regional Manager

Secondary Leader of the Branch; becomes Primary absent the Regional Manager

Establish and implement short and long range regional goals and objectives

Manage the performance and development of regional staff

Prepare and present annual budget for Regional Office

Establish and manage the department expenses and budget

Drive regional initiatives and business strategies

Work strategically and tactically with agents/principals to ensure appropriate level of understanding of company goals and objectives

Coach, lead and develop underwriters and participate in the development of underwriting training

Manage regional agency plant to ensure positive and profitable outcomes

Within authority limit, make timely and prudent decisions consistent with approved guidelines and requirements within submission timeframe

In conjunction with home office and commercial Regional Manager, establish and manage regional growth and business targets

Accountable for the profit centers’ underwriting and accurate underwriting documentation and adhere to underwriting policies and procedures

Participate in industry functions to increase company visibility in the marketplace

Demonstrate superior responsiveness to agents, principals and Home Office staff (consistency, quick response, knowledge of accounts)

Perform other duties as necessary

Qualification

Contract Surety UnderwritingBusiness DevelopmentStrategic ThinkingRelationship ManagementEntrepreneurial MindsetMarket SavvyHigh Ethical Standards

Required

Bachelor's degree in business or related field, more than 7 years of experience in surety with experience building, developing, and expanding distribution relationships or equivalent

Equivalent experience is defined as 11 years of relevant experience

Must include significant contract surety underwriting experience

Must be a self-starter who will thrive in a results oriented and entrepreneurial environment

Must have an entrepreneurial mindset with a strong balance of both strategic and operating skills

Must be a sharp rigorous thinker who creates a logical connection for others between the dynamics of market realities, goals, vision and strategy

Must be an underwriter thus exhibiting granular knowledge of all aspects of contract surety

Must be market savvy and know what the competition is doing from a product and pricing perspective and quickly grasp challenges and opportunities

Possess high ethical standards and expects the same from all other in the organization

Ability to establish and develop long‐standing relationships

To qualify, all applicants must be authorized to work in the United States and must not require, now or in the future, VISA sponsorship for employment purposes