Assistant Vice President, Commercial Surety

Position Overview

Ascot Surety & Casualty Company is a US Treasury-listed surety carrier. Ascot benefits from a Financial Strength Rating of A issued by A.M. Best. The Assistant Vice President, Commercial Surety will be responsible for supporting underwriting and marketing strategy in an assigned region.

Responsibilities

• Responsible for meaningful contribution to production, disciplined regional underwriting, and distribution strategy
• Within authority limit, approve, decline, and price of risks
• Aids in the development and execution of segment strategies to contribute to budgeted results
• Accountable for accurate underwriting information and adherence to documentation standards
• Develops and leverages productive distribution partner relationships
• Proactively mentors and assists in the development of junior team members

Requirements

• Bachelor’s degree in Finance, Accounting, or equivalent
• A minimum of 8 years of experience underwriting, analyzing, and servicing complex commercial surety accounts
• Proven track record of establishing and developing distribution partner relationships
• Excellent communication and organizational skills
• Ability to work independently and efficiently
• Consistently embraces and promotes a culture of collaboration and the ability to effectively manage change
• Demonstrates a strong work ethic, solid business judgment, and a passion for providing outstanding solutions to our business partners

Commitment to The Ascot Way

Embody The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.

Company Benefits

• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program)
• Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)
• Retail Benefits: Contributory Savings Plan (401k)