Assistant Vice President, Surety

This is a fully remote position, open to applicants in Minnesota.

📋 Description

• Assess submissions and financial requirements to evaluate risk acceptability in accordance with underwriting guidelines and standards.

• Analyze the financial stability, creditworthiness, capacity, and related financial data of applicants to determine bond obligation risk and overall credit quality.

• Utilize pricing components, rating methodologies, predictive modeling tools, and underwriting disciplines to accurately price risk and reduce exposure.

• Prepare and evaluate underwriting decisions, rate appeals, requirements, status updates, and declinations to support outcomes within the assigned territory.

• Oversee the assigned portfolio to meet targets for premium, profitability, retention, product mix, new business, and overall portfolio performance.

• Develop and maintain producer and client relationships by prioritizing resources, creating distributor plans, enhancing pipeline opportunities, and promoting profitable growth.

⛳️ Requirements

• Bachelor’s degree and AFSB designation preferred.

• A minimum of 7+ years of Surety underwriting experience is required.

• Advanced knowledge in Surety underwriting, including techniques, regulations, guidelines, coverages, and underwriting tools.

• Strong financial, credit analysis, and business development skills, with the capability to grow a profitable book, identify customer needs, and finalize deals.

🏝️ Benefits

• Two medical plan options, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account that offers a competitive employer contribution.

• Pharmacy benefits, including mail order options.

• Dental benefits, which encompass orthodontia for both adults and children.

• Vision benefits.

• Health Care & Dependent Care Flexible Spending Accounts.

• Company-funded Life & AD&D benefits, with the option to buy Supplemental life coverage for the employee, spouse, and children.

• Company-paid Disability benefits featuring highly competitive salary continuation payments.

• 401(k) Retirement Savings Plan with competitive employer contributions.

• Competitive paid time off programs, including company-paid holidays.

• Generous Parental Leave Benefits & Adoption Assistance program.

• Employee Assistance Program.

• Tax-Free Commuter Benefit.

• Tuition Reimbursement & Professional Qualification benefits.