Selective Insurance · 5 days ago
AVP, Bond SBU Underwriting (Hybrid)
United States
Full-time
Hybrid
Senior Level, Lead/Staff
$168K/yr - $231K/yr
8+ years expSelective Insurance is a midsized U.S. domestic property and casualty insurance company with a strong financial performance history. The AVP, Bond SBU Underwriting will partner with the VP to establish underwriting guidelines, monitor business written, and assist in the production and retention of profitable business.
FinanceFinancial ServicesInsurance
Responsibilities
Monitors bond production and ensures compliance with company’s underwriting philosophy and procedures. Underwrites accounts that exceed field authority
Works with VP, Bond SBU to establish underwriting philosophy and guidelines. Evaluates losses and loss trends and adjust guidelines accordingly. Support and promote Bond team values
Assists in the production of new business and retaining profitable business. Operates methodically and logically under time pressure and agency/account pressure
Evaluates creditworthiness of accounts and identifies and communicates weaknesses. Uses this information to support final underwriting decisions
Recommends, organizes, and implements workflow and/or procedural changes affecting the Bond Strategic Business Unit (SBU). Responsible for overseeing of proper maintenance, production support and enhancements to automated systems in support of overall business objectives of the Bond SBU
Provides training and knowledge sharing opportunities to bond staff, AMS, and producers. Keeps abreast of market conditions affecting the bond industry, and adjusts training accordingly
Establishes annual criteria for branch audits. Conducts audits and reports audit findings to senior bond management. Responsible for completing Quality Assurance Audit and Reports on a quarterly basis
Works closely with reinsurers on special acceptance requests and during annual reinsurance review
Works with regional and territory bond managers to review and update business metrics
Must be able to drive an automobile to travel within territory. Car travel represents approximately 20% of employee’s time and a valid driver’s license
Qualification
Required
Strong customer service skills
Demonstrate ability to develop exceptional relationships with P&C regional management
Demonstrate consistency when dealing with clients
Excellent sales and negotiation skills
Strong problem-solving ability and excellent presentation skills
Must have a valid state-issued driver's license in good standing and be able to drive an automobile
Minimum 8-10 years of bond underwriting and field experience
Strong computer skills including MS Office applications
Strong analytical skills required
Preferred
College degree in accounting, finance, business administration, marketing or related field preferred
AFSB, AU, CPCU preferred
Benefits
Comprehensive health care plans
Retirement savings plan with company match
Discounted Employee Stock Purchase Program
Tuition assistance and reimbursement programs
20 days of paid time off
Company
Selective Insurance
At Selective, we maintain a commitment to provide unique insurance solutions that help keep the families and businesses of our communities protected.
1001-5000 employees
H1B Sponsorship
Selective Insurance has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (45)
2024 (32)
2023 (43)
2022 (30)
2021 (29)
2020 (25)
Funding
Current Stage
Public CompanyTotal Funding
$400M2025-02-25Post Ipo Debt· $400M
1978-01-13IPO
Leadership Team
John Marchioni
President and CEO
Patrick S. Brennan
Chief Financial Officer
Recent News
2025-12-09
2025-11-11
Company data provided by crunchbase