Senior Underwriting Director - Contract Surety (Remote -Florida)
Intact Insurance Specialty Solutions · Florida, United States · 1 mo ago
Finance$278k–$326k/yrFull-time
About the role
Join our Contract Surety team working remotely in Florida. This position directs effective product development, pricing, and underwriting for our largest and most complex product lines.
Responsibilities
- Directs the financial performance of a large and/or most complex product line including loss ratio, premium plans, and commission targets.
- Achieves profitability and growth goals through the development and execution of annual strategic plans including specific underwriting, pricing, retention, service, and expense plans.
- Analyzes book trends and manages catastrophe plans.
- Analyzes data on competitors' products, programs, and pricing levels.
- Implements new pricing levels and product modifications.
- Enhances existing products and programs.
- Maintains a strong professional knowledge of regulatory and legal environments.
- Communicates and acts on this information effectively.
- Develops methods for building and mobilizing a technically competent and highly effective staff capable of meeting current and future needs of the corporation through highly effective leadership and human resources management.
- Ensures compliance with underwriting standards and authorities.
- Holds ultimate underwriting authority for the Surety line of business.
- Directs underwriting decisions in compliance with state laws.
- Directs in the creation of underwriting guidelines, product and coverage forms or system modifications.
- Is recognized in the company and in the industry as the subject matter expert on a particular Specialty line of business.
- Maintains high-level producer relationships.
- Monitors corporate results, develops and implements actions as needed.
- Establishes profit, growth, and operating objectives as part of the overall plan for Specialty Lines segment(s).
- Participates in producer presentation meetings, including travel to key producers.
- Responsible for overall communication of goals and priorities.
Requirements
- Bachelor’s degree required.
- 10 years Surety bond experience or related education/experience.
- Minimum 5-7 Supervisory/Management years of experience required.
- MBA, AFSB designation highly desirable.
Qualifications
- Comprehensive medical, dental, and vision insurance with no waiting period.
- Competitive paid time off programs.
- 401(k) savings and annual contributions of up to 12% of annual salary.
- Mental health support programs, life and disability insurance, paid parental leave, and a variety of additional voluntary benefits.
Benefits
- Comprehensive medical, dental, and vision insurance with no waiting period.
- Competitive paid time off programs.
- 401(k) savings and annual contributions of up to 12% of annual salary.
- Mental health support programs, life and disability insurance, paid parental leave, and a variety of additional voluntary benefits.
Pay
The typical base salary range for this position is: $278,000 - $326,000, based on the factors aforementioned. For candidates located in San Francisco, CA; Washington DC; our Massachusetts based offices and the New York City metro area, the base salary range is $278,000 - $326,000.
Schedule
This position is remote in Florida.