Jobs · OTHR

Assistant Vice President, Surety

Sompo · Illinois, United States · 1 wk ago
RemoteRemoteOTHRFull-time

What you’ll be doing:

  • Review submissions and financial requirements to assess risk acceptability in line with underwriting guidelines and standards.
  • Evaluate applicants’ financial stability, creditworthiness, capacity, and related financial information to determine bond obligation risk and overall credit quality.
  • Apply pricing components, rating methodologies, predictive modeling tools, and underwriting disciplines to price risk appropriately and minimize exposure.
  • Prepare and analyze underwriting decisions, rate appeals, requirements, status updates, and declinations to support results across the assigned territory.
  • Manage the assigned portfolio to achieve goals for premium, profitability, retention, product mix, new business, and overall portfolio performance.
  • Build and manage producer and client relationships by prioritizing resources, developing distributor plans, strengthening pipeline opportunities, and driving profitable growth.

What You’ll Bring

  • Bachelor’s degree and AFSB designation preferred.
  • Minimum 7+ years of Surety underwriting experience required.
  • Advanced expertise in Surety underwriting, including techniques, regulations, guidelines, coverages, and underwriting tools.
  • Strong financial, credit analysis, and business development skills, with the ability to grow a profitable book, identify customer needs, and close deals.

Benefits

  • Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution
  • Pharmacy benefits with mail order options
  • Dental benefits including orthodontia benefits for adults and children
  • Vision benefits
  • Health Care & Dependent Care Flexible Spending Accounts
  • Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children
  • Company-paid Disability benefits with very competitive salary continuation payments
  • 401(k) Retirement Savings Plan with competitive employer contributions
  • Competitive paid-time-off programs, including company-paid holidays
  • Competitive Parental Leave Benefits & Adoption Assistance program
  • Employee Assistance Program
  • Tax-Free Commuter Benefit
  • Tuition Reimbursement & Professional Qualification benefits

Location: This position will be based remote in Minnesota, with willingness to travel to market assigned territory that includes overnight trips.

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