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IAT Insurance Group · 1 day ago

Surety Underwriting Manager

Plano, TX

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., and they are seeking a Contract Surety Underwriting Manager in Plano, Texas. This role involves managing underwriting responsibilities, maintaining agency relationships, and providing exceptional service while ensuring compliance with company policies.

CommercialFinanceFinancial ServicesInsuranceInsurTech

Comp. & Benefits

No H1B

Hiring Manager

John Gard

Responsibilities

Financial and account analysis of pertinent financial data, authority, and referral requirements for consideration of new, existing and renewal business

Requesting and gathering financial information on assigned accounts

Bond renewal preparation and determination on whether bonds should be cancelled

Maintain Agency relationships and provide exceptional service and support. May have authority to underwrite low value bonds and renewals

Provide general direction to the Bond Underwriting Assistants for bond processing

Provide quality recommendations to Branch and Home Office Reports on assigned accounts and agents

Rate and review bonds for premium and classification accuracy

Ensure accuracy and completeness of files and verify that all necessary documentation is complete in file

Act as the primary service contact and visit agents assigned by the Regional Manager in order to foster and maintain an ongoing relationship

Accurately communicate knowledge of assigned accounts to Branch and Home Office personnel via written and verbal means

Prioritize workflow to ensure work is done in a timely fashion and all deadlines are met

Other job-related duties as required

Qualification

Contract Surety knowledgeFinancial analysisLoss development conceptsAnalytical skillsAFSB designationsBachelor's degree

Required

Bachelors' degree in Risk Management, Finance, Mathematics, Business or related with at least 7 years-experience in finance experience or equivalent

Equivalent is defined as 11 years of relevant finance experience

Must have thorough knowledge of Contract Surety industry along with an analytical skillset, which includes a minimum of 5 years of working in the industry

Must possess the ability to appropriately apply loss development and advanced loss analysis concepts to achieve optimal pricing of a risk

Must possess the ability to creatively utilize coverage features, deductibles, or reinsurance on individual risks to achieve company objectives

Must be able to provide a valid driver's license

To 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