Jobs · Management · New Jersey

VP, HO Contract Surety Underwriting

Crum & Forster · Morristown, NJ · 1 wk ago
HybridManagement$206k/yrContract

Job Description

The Contract Surety Home Office Underwriting Director will ensure consistency of underwriting standards across the regional offices and home office underwriting team. They will monitor accounts for proper rate and capacity compliance, make educated underwriting decisions, engage with leadership on complex underwriting situations, and build and maintain underwriting standards and procedures.

  • Ensure consistency of underwriting standards across the regional offices and home office underwriting team.
  • Maintain a loss-free underwriting portfolio by reviewing the Contract Surety portfolio for changes in credit ratings and outdated underwriting data.
  • Provide underwriting information to C&F leadership and surety reinsurers.
  • Manage and develop the home office Contract Surety underwriting team (4-6 direct reports).

Job Requirements

  • Bachelor’s degree or equivalent with 15+ years of contract surety experience, including prior management/leadership experience.
  • Construction-related legal or accounting expertise preferred.
  • Proven ability to decisively manage complex underwriting decisions.
  • Strong financial analysis and communication skills.
  • Ability to lead and manage others and build relationships/consensus with internal and external stakeholders.

About the Role

This role requires travel as needed (10% +) and a valid driver's license.

Qualifications

Must have a Bachelor’s degree or equivalent, and at least 15 years of contract surety experience, with prior management/leadership experience. Construction-related legal or accounting expertise is preferred.

Skills

Decisive underwriting decision-making, strong financial analysis, effective communication, leadership, and relationship-building skills.

Benefits

Salary range: $206,100 to $302,300 annually. Additional benefits include flexible work arrangements, competitive compensation package, company car, generous 401K employer match, employee stock purchase plan with employer matching, paid time off, excellent benefits, wellness programs, professional development opportunities, and corporate giving initiatives.

Pay

Annualized base pay range: $206,100 to $302,300.

Schedule

Hybrid location with weekly presence required.

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