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Zurich North America · 1 day ago

EVP, Head of Surety

Los Angeles, CA

Full-time

Hybrid

Director/Executive

$248K/yr - $435K/yr

15+ years exp

Zurich North America is seeking an experienced leader to serve as Head of Surety. In this pivotal role, you will shape both the technical and strategic direction of the Surety portfolios while ensuring strong profitability and long-term growth.

CommercialFinancial ServicesInsurance

Comp. & Benefits

No H1B

Hiring Manager

Bonnie Kronstat

Responsibilities

Establishing key performance targets and financial budgets for underwriting unit in order to optimize business performance in line with set objectives

Interpret and review the commercial drivers in the market and the organization´s strategic goals, translate into objectives to develop cross-functional business cases for complex projects and programs and act as program sponsor to ensure effective delivery of projects

Develop and maintain relationships in support of business retention, new business and determine their insurance-related needs and provide solutions

Manage relationships with key internal stakeholders in order to identify opportunities for service improvement to ensure commercial viability and customer satisfaction

Participate in leadership team meetings to provide specialist guidance and enable the implementation of policies, projects and change initiatives to produce profitable results

Recommend and implement action plans after reviewing agency books of business and profit/growth results and trends

Develop a people management plan to drive performance management in the organization and to optimize performance within the team, and manage performance of team members, including ensuring team members comply with company policies and expectations and take appropriate action

Contribute to the business strategy to align underwriting strategy with wider business goals

Qualification

Surety UnderwritingBusiness unit managementP&L responsibilityStrategic thinkingTalent developmentChange managementRelationship-building

Required

Bachelor's Degree and 15 or more years of in the Underwriting or Market Facing within the commercial insurance industry

5 or more years of management experience

Business unit management experience

Surety Underwriting experience

Preferred

Deep expertise in Contract and Commercial Surety underwriting and market dynamics

Previous experience running a complex business unit with P&L responsibility with a proven track record of growing and retaining a large book of business

Proven track record of leading high-performing teams and delivering business results

Strong strategic thinking and ability to execute with precision

Exceptional communication and relationship-building skills with clients, brokers, and internal teams

Collaborative leadership style with a passion for talent development

Ability to influence and drive change across a complex organization