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Contract Surety Bonds Underwriting Director - Northeast Region

Contract Surety Bonds Underwriting Director - Northeast Region

Great American Insurance GroupBaltimore, MD, US
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Contract Surety Director For The Northeast Region

Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidiaries of American Financial Group. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty and property and casualty operations, there are always opportunities here to learn and grow.

At Great American, we value and recognize the benefits derived when people with different backgrounds and experiences work together to achieve business results. Our goal is to create a workplace where all employees feel included, empowered, and enabled to perform at their best.

Great American's Bond Division has been underwriting surety bonds since 1926. Great American is known for expert underwriting, solid financial strength, market leadership, and creative solutions. Great American is one of the top surety companies in the United States.

The Bond Division is hiring a Contract Surety Director for the Northeast Region. The Director can be in Baltimore, Philadelphia, or Boston. This position involves in-office work and traveling within the assigned territory.

Essential Job Functions and Responsibilities

  • Understand and analyze business reports needed in the underwriting processes, including credit checks, bank agreements, and financial statements.
  • Assess risk quality in compliance with company guidelines.
  • Review the underwriting of others and make recommendations for extending surety credit including the terms and conditions.
  • Develop and maintain strategic relationships with internal and external stakeholders.
  • Communicate effectively.
  • Must be highly organized to handle a variety of responsibilities.
  • Deliver exceptional customer service.
  • Make timely, informed decisions.
  • Solve problems.
  • Operate with integrity and honesty.
  • Develop and implement strategic plans in alignment with business goals and objectives.
  • Hold self and team accountable for achieving established objectives.
  • Coach and develop team.

Job Requirements

  • Education : Bachelor's Degree in Finance, Economics, Business, or a related field or equivalent experience.
  • Experience : Generally, a minimum of 10 years of underwriting contract surety bonds, including a minimum of 5 years of management or leadership experience. Continuing progress toward and / or the completion of a professional designation preferred, such as Associate in Fidelity and Surety Bonding (AFSB), Chartered Property Casualty Underwriter (CPCU), Certified Public Accountant (CPA), and / or Registered Professional Liability Underwriter (RPLU).
  • Scope of Job / Qualifications : Typically manages multiple team members. Contributes to the development of strategies, performance targets, and procedures. Responsible for performance, coaching of team, and decisions regarding talent selection.

    Business Unit : Bond

    Salary Range : $180,000.00 - $215,000.00

    Benefits : Compensation varies by role, position level, and location. Individual pay is influenced by skills, education, training, certifications, experience, and the role's scope and complexity, along with business needs. We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one, PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave / adoption assistance, and a 401(k) plan with company match. These benefits are available to eligible full-time and part-time employees.

    Your recruiter can provide more details about our total rewards and specific compensation ranges during the hiring process.

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    Director Underwriting • Baltimore, MD, US

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