Surety Underwriting Manager

IAT Insurance Group has an immediate opening in our Greenwood Village, Colorado location. This role works with both contract and commercial surety in a hybrid schedule, requiring in-office collaboration Monday through Wednesday and remote work Thursday and Friday.

Responsibilities

• Perform financial and account analysis of pertinent data, authority, and referral requirements for new, existing, and renewal business.
• Request and gather financial information on assigned accounts.
• Prepare bond renewals and determine whether bonds should be canceled.
• Maintain agency relationships and provide exceptional service and support.
• Underwrite low-value bonds and renewals as authorized.
• Provide direction to Bond Underwriting Assistants for bond processing.
• Deliver quality recommendations to Branch and Home Office Reports on assigned accounts and agents.
• Rate and review bonds for premium and classification accuracy.
• Ensure accuracy and completeness of files, verifying all necessary documentation.
• Act as the primary service contact and visit agents to foster and maintain relationships.
• Communicate knowledge of assigned accounts to Branch and Home Office personnel via written and verbal means.
• Prioritize workflow to meet deadlines.
• Perform other job-related duties as required.

Requirements

• Bachelor’s degree in Risk Management, Finance, Mathematics, Business, or related field with at least 7 years’ experience in surety or equivalent (defined as 11 years of relevant finance experience).
• Minimum of 5 years of experience in the Surety industry with thorough knowledge of industry practices.
• Ability to apply loss development and advanced loss analysis concepts to achieve optimal pricing of risk.
• Ability to creatively utilize reinsurance on individual risks to achieve company objectives.
• Authorized to work in the United States without VISA sponsorship, now or in the future.

Preferred Qualifications

• AFSB industry designations.
• Experience with contract and commercial surety.

Pay

The annual gross salary range for this position is $120,000 to $170,000. Total compensation includes base salary, performance-based bonus opportunities, 401(k) match, and profit-sharing opportunities. Actual salaries vary based on qualifications, skills, competencies, and geographical location.

Benefits

• 38 paid days off (26 PTO days + 12 company holidays).
• 7% 401(k) company match and additional profit sharing.
• Hybrid work environment.
• Numerous training and development opportunities.
• Healthcare and wellness programs.
• Performance-based bonuses.
• College loan assistance support plan.
• Educational assistance program.
• Mentorship program.
• Dress for Your Day policy.

Schedule

Hybrid schedule: in-office Monday through Wednesday, remote Thursday and Friday.