Commercial Surety Regional Manager

This is a fully remote position, open to applicants in Louisiana, +1 more state.

📋 Description

• Oversee the underwriting, marketing, production, profitability, and comprehensive management of a regional Commercial Surety portfolio.

• Act as the principal underwriting leader for the designated territory.

• Analyze, assess, and authorize commercial surety submissions within the designated authority.

• Review and evaluate financial statements, interim financial reports, work-in-progress schedules, bank agreements, credit reports, tax returns, and additional underwriting information.

• Structure and negotiate underwriting terms, collateral requirements, indemnity agreements, and other risk mitigation strategies.

• Monitor portfolio performance and implement corrective actions as needed to meet profitability goals.

• Develop and implement regional marketing and production strategies.

• Cultivate and enhance relationships with retail and wholesale surety brokers.

• Drive submission flow and enhance market visibility across the territory.

• Take ownership of profit and loss outcomes for the assigned region.

• Manage portfolio composition, pricing sufficiency, retention, and growth metrics.

• Recruit, train, mentor, and develop commercial surety underwriters.

• Provide responsive, solution-focused service to brokers and insured parties.

• Maintain a high degree of market visibility and accessibility.

⛳️ Requirements

• A Bachelor’s degree in Business, Accounting, Finance, or a related field is mandatory.

• An advanced degree or professional certifications (e.g. AFSB, CPCU, etc.) are preferred.

• Demonstrated experience (typically 5+ years) in underwriting positions within the surety sector.

• Proven track record of developing agency relationships and driving profitable growth.

• Established business development and marketing expertise.

• Willingness to travel within the assigned territory.

• Strong knowledge and understanding of commercial surety.

• Proficient in financial statement analysis and credit underwriting skills.

• Excellent negotiation, communication, and presentation abilities.

• Capability to exercise independent underwriting judgment.

• Applicants must have authorization to work for any employer in the U.S. We are unable to sponsor or take over work authorization sponsorship for this position now or in the future.

🏝️ Benefits

• Health insurance

• Dental insurance

• Vision insurance

• Life insurance

• Short and long-term disability

• 401(k) plan with a Company match of 100% of a 6% contribution

• Employee Assistance Plan

• Health Savings Account

• Flexible Spending Account

• Health Reimbursement Account

• Wellness program