Regional Manager, Commercial Surety
IAT Insurance Group has an immediate need for a Commercial Surety Regional Manager located in our Plano, Texas location. The Commercial Surety Regional Manager is responsible and accountable for the successful management of the Plano, Texas commercial surety business, which consists of Texas, Oklahoma, Louisiana, and Arkansas. This individual will be responsible for the growth and development of the region with the full financial support of IAT. This senior leader needs to be recognized as a commercial surety expert within the industry in order to maintain credibility with agents and attract the additional talent required as the business grows. The goal is to position IAT Surety as both a valued partner to key surety producers as well as a recognized leader in the regional surety marketplace. This role will work a hybrid schedule from the office Monday through Wednesday, with the option of working remotely on Thursday and Friday.
Responsibilities :
- Establish and implement short- and long-range regional goals and objectives.
- Manage the performance and development of regional staff
- Prepare and present annual budget for Regional Office
- Establish and manage the department expenses and budget
- Drive regional initiatives and business strategies
- Work strategically and tactically with agents / principals to ensure appropriate level of understanding of company goals and objectives
- Coach, lead and develop underwriters and participate in the development of underwriting training
- Manage regional agency plant to ensure positive and profitable outcomes
- Within authority limit, make timely and prudent decisions consistent with approved guidelines and requirements within submission timeframe
- Jointly, with Chief Commercial Officer and Home Office Underwriter, establish and manage regional growth and business targets
- Accountable for the profit centers' underwriting and accurate underwriting documentation and adhere to underwriting policies and procedures
- Participate in industry functions to increase company visibility in the marketplace
- Demonstrate superior responsiveness to agents, principals
- Perform other duties as necessary
Qualifications : Must Have :
Bachelor's degree in business or related field, more than 10 years of experience in surety with experience building, developing, and expanding distribution relationships or equivalentEquivalent experience is defined as 8 years of relevant surety underwriting experience along with 2+ years of other related professional experienceExperience must include significant commercial suretyWe will consider current IAT Surety employees for this role who are currently meeting expectations and have the appropriate level of technical abilitiesMust be a sharp rigorous thinker who creates a logical connection for others between the dynamics of market realities, goals, vision and strategyAbility to respond promptly and effectively to sensitive inquiries or complaintsAbility to define problems, gather the facts and draw valid conclusionsAbility to prioritize and organizeExcellent verbal and written communication skillsPossess high ethical standards and expects the same from all other in the organization.Ability to establish and develop long-standing relationshipsTo qualify, all applicants must be authorized to work in the United States and must not require, now or in the future, VISA sponsorship for employment purposesPreferred to Have :
Leadership experienceOur Culture
IAT is the largest private, family-owned property and casualty insurer in the U.S. INSURANCE ANSWERS TOGETHER is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers.
At IAT, we're committed to driving and building an open and supportive culture for all. Our employees propel IAT forward driving innovation, stable partnerships and growth. That's why we continue to build an engaging workplace culture to attract and retain the best talent.
We offer comprehensive benefits like :
26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off7% 401(k) Company Match and additional Profit SharingStrong Bonus PlanHybrid work environmentNumerous training and development opportunities to assist you in furthering your careerHealthcare and Wellness ProgramsOpportunity to earn performance-based bonusesCollege Loan Assistance Support PlanEducational Assistance ProgramMentorship ProgramDress for Your Day PolicyAll qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.