Jobs · Connecticut

Head of Commercial Surety

Munich Re Specialty - North America · Hartford, CT · 1 mo ago
HybridFull-time
We need to output HTML fragment with headings

for sections: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. Only include sections where there is real specific content. We must not repeat job title as heading. Must not include Job ID etc. Remove boilerplate. Must preserve all substantive info. We need to parse the posting. Let's extract sections: - About the role: The first paragraph(s) describing the company and opportunity. The posting starts: "We are adding to our diverse team of experts..." then "The Company Welcome to Munich Re Specialty - North America..." then "The Opportunity Future focused..." etc. So we can combine into an "About the role" section. - Responsibilities: There's a "Responsibilities" heading in the posting with bullet list starting "In this position you will:" then a series of statements (some run-on). We need to put each as
  • . - Qualifications: There's a "Qualifications" heading with list of items: Bachelor’s degree..., 10 years..., Entrepreneurial skill set..., Successful track record..., Ability to think..., Exceptional communication..., Ability to present..., Effective time..., Willingness to travel... - Skills: There's not a separate "Skills" heading, but many skill-like items appear in Qualifications. However we could create a Skills section if there is distinct skill content. The instructions: include a section ONLY when posting has real, specific content for it. There's no explicit Skills section; but we could treat some items as skills. However we might combine them into Qualifications. Better to not create a Skills section if no explicit heading. The posting does not have a separate Skills section; we can omit. - Benefits: The posting mentions: "In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO)." So we can create Benefits section with list. - Pay: The posting includes salary range: "$226,900-$378,100, plus opportunity for company bonus based upon a percentage of eligible pay." Also mentions adjustment per geography etc. So we can create Pay section with that info. - Schedule: Not mentioned explicitly. There's willingness to travel up to 30% but not schedule. So we should not create Schedule section. Also there is mention of locations: "The Company is open to considering candidates in numerous locations, including New York (NY), Philadelphia (PA), Princeton (NJ), Hartford (CT) and Remote." This could be part of About the role or maybe a separate section like Location, but not in allowed headings. We could fold into About the role paragraph. We must not include boilerplate like EEO etc. At the end there is DEI statement and equal opportunity employer. That's boilerplate; we should remove. Also remove duplicated lines. Now craft HTML. Structure:

    About the role

    ... combined prose ...

    Responsibilities

    • ...
    • ...

    Qualifications

    • ...
    • ...

    Benefits

    • ...
    • ...

    Pay

    ... salary range ...

    We need to preserve all substantive info. Let's extract About the role content. Original: "We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients. The Company Welcome to Munich Re Specialty - North America, a leading specialty insurance provider dedicated to delivering exceptional underwriting, claims, and risk management expertise to our partners and customers. As a trusted industry expert, we offer a broad range of comprehensive and customized solutions, including casualty, professional lines, property, surety, and public entity coverages. With the financial strength and global resources of our A+ Superior (A.M. Best) rated organization, we provide unmatched stability and reliability. Our team is committed to superior service levels, a distinctive approach to specialty solutions, and a deep understanding of the complex risks our clients face. Join our team and be part of a dynamic and experienced organization that is shaping the future of specialty insurance in North America. The Opportunity Future focused and always one step ahead! The Head of Commercial Surety will be responsible for the underwriting, risk management, administration, and overall business development of the commercial surety Line of Business in accordance with the company’s surety business model to meet projected profitability and expense goals. You will serve as lead underwriter for all commercial surety business. The position supports the Head of Surety in balancing the needs to achieve budgeted financial results (premium volume, loss ratio, premium collections and expense management including commissions) through sound underwriting practices and effective risk management of the commercial surety line in an effort to produce profitable results. You will also serve as lead in Book of Business reviews with the Regional Offices and assist in portfolio management. Our value proposition includes embedding significant underwriting authority in the position to create an enhanced, new age customer and broker experience. We will do this by providing an enhanced level of autonomy in the position to allow our regional offices to better service our agents and clients using an agile and lean approach." We need to preserve all that. We'll combine into a paragraph(s). Could split into multiple

    but spec says use

    for prose. Could have multiple

    under the heading. We'll just put one

    with the whole text (maybe two paragraphs for readability). But we must not lose any info. We'll keep as one

    . Now Responsibilities: The posting says: "Responsibilities In this position you will: You will develop and execute a strategic business plan in order to expand our commercial surety portfolio and will maintain full P/L responsibility for the line of businessYou will assist the Regional Bond Managers to establish and maintain key surety broker relationships in compliance with guidelines for all commercial surety businessYou will develop risk management and portfolio management tools that will allow the department to achieve strategic objectives and maintain an acceptable level of risk in the commercial surety book to achieve stated department goals.You will underwrite and manage all referrals of commercial surety account and bond requests from the field offices that exceed the field’s authority limits. This will include annual surety line renewals as well as individual bond requests.You must be able to effectively evaluate bond forms, contracts and other relevant documents in an effort to assess riskYou will coordinate communications with other surety company home office personnel for any joint venture or co-surety arrangement in the commercial surety line of business.You will collaborate with MRSI surety colleagues in order to fully leverage MRSI surety capabilities and increase our customer baseInteract and collaborate with field offices, Home Office colleagues, reinsurers and other critical business associates. Maintain and manage workflow, including effective communications, with assigned field office meeting all company standards and expectations.Participate in MRSNA senior management decisions as respects developing or improving underwriting procedures, guidelines and policy." We need to split into separate items. The text is concatenated without punctuation. We'll separate at each "You will" or "You must" etc. Let's list: - You will develop and execute a strategic business plan in order to expand our commercial surety portfolio and will maintain full P/L responsibility for the line of business - You will assist the Regional Bond Managers to establish and maintain key surety broker relationships in compliance with guidelines for all commercial surety business - You will develop risk management and portfolio management tools that will allow the department to achieve strategic objectives and maintain an acceptable level of risk in the commercial surety book to achieve stated department goals. - You will underwrite and manage all referrals of commercial surety account and bond requests from the field offices that exceed the field’s authority limits. This will include annual surety line renewals as well as individual bond requests. - You must be able to effectively evaluate bond forms, contracts and other relevant documents in an effort to assess risk - You will coordinate communications with other surety company home office personnel for any joint venture or co-surety arrangement in the commercial surety line of business. - You will collaborate with MRSI surety colleagues in order to fully leverage MRSI surety capabilities and increase our customer base - Interact and collaborate with field offices, Home Office colleagues, reinsurers and other critical business associates. Maintain and manage workflow, including effective communications, with assigned field office meeting all company standards and expectations. - Participate in MRSNA senior management decisions as respects developing or improving underwriting procedures, guidelines and policy. We'll put each as

  • . Now Qualifications: The posting: "Qualifications Bachelor’s degree in Business Administration, Economics, Finance, Accounting, or related field10 years or more of progressive experience working in commercial suretyEntrepreneurial skill set, excellent marketing, negotiating and communication skillsSuccessful track record of developing and maintaining strong relationships with agents/brokersAbility to think strategically and function tacticallyExceptional communication skills that energize and engage brokers, clients and colleagues and the ability to convey a vision and client-focused solutionsAbility to present and negotiate complex agreements related to commercial surety accountsEffective time management and organizational skillsWillingness to travel up to 30%" We need to split into items: - Bachelor’s degree in Business Administration, Economics, Finance, Accounting, or related field - 10 years or more of progressive experience working in commercial surety - Entrepreneurial skill set, excellent marketing, negotiating and communication skills - Successful track record of developing and maintaining strong relationships with agents/brokers - Ability to think strategically and function tactically - Exceptional communication skills that energize and engage brokers, clients and colleagues and the ability to convey a vision and client-focused solutions - Ability to present and negotiate complex agreements related to commercial surety accounts - Effective time management and organizational skills - Willingness to travel up to 30% Now Benefits: The posting: "In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO)." We'll list each as
  • . Now Pay: The posting: "The salary range posted below reflects market variations across various locations. The offer will be adjusted per geography. The base salary range anticipated for this position is $226,900-$378,100, plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, ... The salary estimate is adjusted to reflect the varying market conditions across different locations, with the with the higher end being more aligned with the NYC job market. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role. Most candidates will start in the bottom half of the range." We need to preserve all that. We'll put into a

    under Pay heading. We should not repeat the benefits sentence again (already in Benefits). But the Pay paragraph includes a sentence about benefits; we could keep it but it's duplicated. The instruction: "Preserve ALL substantive information; do NOT invent or summarize away detail." If we remove the duplicated benefits sentence from Pay paragraph, we are removing some info (the sentence about benefits). However that sentence is already captured in Benefits section. But is it considered duplicate? The instruction also says "Remove cookie/navigation/legal/EEO/equal-opportunity/scam-warning boilerplate, duplicated lines". Duplicated lines should be removed. So we can remove the duplicated benefits sentence from Pay paragraph to avoid duplication. However we must ensure we still preserve the substantive info about benefits elsewhere. We have Benefits section, so it's fine. Thus Pay paragraph will be: "The salary range posted below reflects market variations across various locations. The offer will be adjusted per geography. The base salary range anticipated for this position is $226,900-$378,100, plus opportunity for company bonus based upon

  • Similar jobs

    Head of Commercial Surety

    Munich Re Specialty - North AmericaNew York, United States· 1 mo ago
    Financeapply on careers.munichre.com

    Head of Commercial

    Nobody StudiosUnited States· 1 mo ago
    RemoteManagementapply on info.nobodystudios.com

    Head of Commercial

    Bedrock EnergyLos Angeles, CA· 1 mo ago
    Management$25/hrapply on jobs.cantos.vc

    Head of Commercial

    Bedrock EnergyLos Angeles Metropolitan Area· 1 mo ago
    Management$25/hrapply on jobs.lever.co