IAT Insurance Group

Insures specialized business and personal risks

Regional Manager - Commercial Surety

UnderwritingConfirmed live in the last 24 hours

Full-timeNo salary listed

About the Job

Requirements

A bachelor's degree in business or a related field and more than 10 years of experience in surety, including experience building, developing, and expanding distribution relationships, or equivalent experience.
Equivalent experience is defined as 8 years of relevant surety underwriting experience and 2 or more years of other related professional experience.
Experience must include significant commercial surety.
Current IAT Surety employees may be considered if they are meeting expectations and have the appropriate level of technical abilities.
Ability to connect market realities, goals, vision, and strategy through rigorous, logical thinking.
Ability to respond promptly and effectively to sensitive inquiries or complaints.
Ability to define problems, gather facts, and draw valid conclusions.
Ability to prioritize and organize.
Excellent verbal and written communication skills.
High ethical standards and the expectation that others in the organization meet them.
Ability to establish and develop long-standing relationships.
Applicants must be authorized to work in the United States and must not require visa sponsorship now or in the future.

Responsibilities

Establish and implement short- and long-range regional goals and objectives.
Manage the performance and development of regional staff.
Prepare and present the annual budget for the Regional Office.
Establish and manage department expenses and budget.
Drive regional initiatives and business strategies.
Work strategically and tactically with agents and principals to ensure they understand company goals and objectives.
Coach, lead, and develop underwriters and participate in developing underwriting training.
Manage the regional agency plant to ensure positive and profitable outcomes.
Make timely and prudent decisions within authority limits, consistent with approved guidelines and requirements and within the submission timeframe.
Jointly establish and manage regional growth and business targets with the Chief Commercial Officer and Home Office Underwriter.
Be accountable for profit-center underwriting and accurate underwriting documentation, and adhere to underwriting policies and procedures.
Participate in industry functions to increase company visibility in the marketplace.
Respond to agents and principals in a timely manner.
Perform other duties as necessary.

Desired Qualifications

Leadership experience.

IAT Insurance Group has an immediate need for a Commercial Surety Regional Manager located in our Plano, Texas or Spring, Texas locations. The Commercial Surety Regional Manager is responsible and accountable for the successful management of the Plano, Texas commercial surety business, which consists of Texas, Oklahoma, Louisiana, and Arkansas. This individual will be responsible for the growth and development of the region with the full financial support of IAT. This senior leader needs to be recognized as a commercial surety expert within the industry in order to maintain credibility with agents and attract the additional talent required as the business grows. The goal is to position IAT Surety as both a valued partner to key surety producers as well as a recognized leader in the regional surety marketplace. This role will work a hybrid schedule from the office Monday through Wednesday, with the option of working remotely on Thursday and Friday.

Responsibilities:

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
Jointly, with Chief Commercial Officer and Home Office Underwriter, 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
Perform other duties as necessary

Qualifications:

Must Have:

Bachelor’s degree in business or related field, more than 10 of experience in surety with experience building, developing, and expanding distribution relationships or equivalent
Equivalent experience is defined as 8 years of relevant surety underwriting experience along with 2+ years of other related professional experience
Experience must include significant commercial surety
We will consider current IAT Surety employees for this role who are currently meeting expectations and have the appropriate level of technical abilities
Must be a sharp rigorous thinker who creates a logical connection for others between the dynamics of market realities, goals, vision and strategy
Ability to respond promptly and effectively to sensitive inquiries or complaints
Ability to define problems, gather the facts and draw valid conclusions
Ability to prioritize and organize
Excellent verbal and written communication skills
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

Preferred to Have:

Leadership experience

All 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.

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About the Company

IAT Insurance Group

Insures specialized business and personal risks

IAT Insurance Group insures businesses and individuals against property damage, liability claims and other risks that require specialized coverage. Its policies cover commercial trucks, moving and storage companies, aircraft and homes, while its surety bonds guarantee that contractors and other businesses meet obligations. The group underwrites policies, collects premiums and handles claims, and also sells reinsurance that takes on part of other insurers' liabilities. Coverage ranges from protection for goods in transit to legal claims against company directors, allowing customers to address risks beyond standard policies. IAT Insurance Group is headquartered in Raleigh, North Carolina.

Company size: 501-1,000
Company stage: Not listed
Total funding: Not listed
Headquarters: Raleigh, NC
Founded: Not listed

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