AVP, Commercial Surety

Job Summary

Assist in overseeing surety production and underwriting activities within the region. Establish and execute shared marketing plan with key producers and clients. Contribute to division's goals and objectives through prudent underwriting, risk selection, and portfolio management.

Responsibilities

• Gather and analyze all relevant information, applying appropriate underwriting techniques, necessary to make an accurate evaluation of credit quality & acceptability of risk
• Demonstrate strong surety bond product knowledge and ability to work with surety account management systems to document for complex commercial surety accounts
• Develop and maintain strong working relationships with assigned producers and cultivate new relationships
• Responsible for developing and managing a book of business, meeting/exceeding profitability objectives as set forth by regional leadership. This includes building and growing strategic relationships as well as identifying new opportunities for business within the region
• Continuously monitor assigned accounts to ensure compliance with Arch standards and make/recommend appropriate corrective actions as needed for risk mitigation
• Prepare underwriting submissions, making recommendations and/or decisions within established authority limits

Key Competencies

• Proficient in financial statement, credit and risk analysis
• Ability to demonstrate sound business judgment in evaluation of the financial condition, experience, credit history and character
• Strong communication and organizational skills
• Able to multi-task and prioritize workload to meet agreed upon expectations
• Learns quickly and demonstrates an open attitude when faced with new problems, processes, or procedures

Education and Experience

• College degree in Business with successful completion of courses in Finance, Management, Accounting, Marketing, Economics or equivalent work experience
• Minimum of six years surety underwriting experience and/or equivalent surety related experience required

Pay and Benefits

• Ranges from $133,300 - $206,958/year
• Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs
• Arch offers a comprehensive benefits package including multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more