Commercial Surety Assistant Vice President

Key Accountabilities/Deliverables

• Develop, supervise and guide a team of underwriters and support staff
• Demonstrate strong surety bond product knowledge and ability to work with surety account management systems to document for complex commercial surety accounts
• Responsible for developing and managing a book of business, meeting/exceeding profitability objectives as set forth by leadership
• Build and grow strategic relationships as well as identify new opportunities for business within the region
• Entrepreneurial skills with the ability to develop and execute a strategic business plan in order to expand the surety portfolio and maintain P/L responsibility for the region
• Ensure adherence to underwriting guidelines, regulatory guidelines, and company policies
• Build and maintain strong relationships with key business partners to support business growth and retention
• Collaborate with agents, brokers, and internal stakeholders to address underwriting inquiries and resolve issues
• Implement underwriting best practices and process improvements to streamline workflows and enhance efficiency
• Conduct quality assurance reviews to maintain underwriting accuracy and consistency

Technical Knowledge and Understanding

• Strong technical underwriting expertise, including knowledge of surety principles, financial risk assessment, and bond forms
• Excellent analytical and decision-making skills, with the ability to assess complex risks and provide solutions
• Leadership and team management abilities, with a focus on coaching, development, and performance management
• Effective communication and interpersonal skills for building relationships and managing stakeholder expectations
• Proficiency in underwriting software systems, Microsoft Office Suite, and Adobe
• Quantitative analysis skills
• Ability to present and negotiate complex agreements with brokers
• Effective time management and organizational skills
• Willingness to travel up to 40%

Experience

• Bachelor’s degree in Business, Accounting, Finance, or related field is required
• Advanced degree or professional certifications (e.g. AFSB, CPCU, etc.) is preferred
• Proven experience (typically 10+ years) in underwriting roles within the surety industry
• At least 5 years in a supervisory or managerial position is preferred

We are unable to sponsor or take over sponsorship of an employment Visa for this position. At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program.