Assistant Vice President, Commercial Surety

Position Overview

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

Responsibilities

• Contribute meaningfully to production, disciplined regional underwriting, and distribution strategy within authority limits.
• Absolutely approve, decline, and price risks.
• Aid in the development and execution of segment strategies to contribute to budgeted results.
• Accurately document underwriting information and adhere to documentation standards.
• Leverage and develop productive distribution partner relationships.
• Proactively mentor and assist in the development of junior team members.

Requirements

• Bachelor’s degree in Finance, Accounting, or equivalent.
• 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

The Company values the following principles: Embody The Ascot Way in daily interactions, foster colleague engagement and development, promote collaboration, inclusivity, and individual accountability.

Compensation

Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonus and other forms of discretionary compensation awarded by the Company. The annualized base pay range for this role is: $180,000 - $215,000.

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).