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Arch Insurance Group Inc. · 9 hours ago

AVP, Commercial Surety

Dallas, TX

Full-time

Onsite

Mid, Senior Level

6+ years exp

Arch Insurance Group Inc. is a company that promotes progress and inspires its clients, employees, investors, and communities. They are seeking an AVP, Commercial Surety to oversee surety production and underwriting activities, establish marketing plans, and manage a book of business while ensuring compliance with standards.

FinanceFinancial ServicesInsurance

Responsibilities

Gather and analyze all relevant information, applying appropriate underwriting techniques, necessary to make an accurate evaluation of credit quality & acceptability of risk

Demonstrate strong surety bond product knowledge and ability to work with surety account management systems to document for complex commercial surety accounts

Develop and maintain strong working relationships with assigned producers and cultivate new relationships

Responsible for developing and managing a book of business, meeting/exceeding profitability objectives as set forth by regional leadership. This includes building and growing strategic relationships as well as identifying new opportunities for business within the region

Continuously monitor assigned accounts to ensure compliance with Arch standards and make/recommend appropriate corrective actions as needed for risk mitigation

Prepare underwriting submissions, making recommendations and/or decisions within established authority limits and

Qualification

Surety underwriting experienceFinancial statement analysisCreditRisk analysisSurety bond product knowledgeBusiness judgmentMulti-taskingQuick learnerCommunication skillsOrganizational skills

Required

Gather and analyze all relevant information, applying appropriate underwriting techniques, necessary to make an accurate evaluation of credit quality & acceptability of risk

Demonstrate strong surety bond product knowledge and ability to work with surety account management systems to document for complex commercial surety accounts

Develop and maintain strong working relationships with assigned producers and cultivate new relationships

Continuously monitor assigned accounts to ensure compliance with Arch standards and make/recommend appropriate corrective actions as needed for risk mitigation

Prepare underwriting submissions, making recommendations and/or decisions within established authority limits

Proficient in financial statement, credit and risk analysis

Ability to demonstrate sound business judgment in evaluation of the financial condition, experience, credit history and character

Strong communication and organizational skills

Ability to multi-task and prioritize workload to meet agreed upon expectations

Learns quickly and demonstrates an open attitude when faced with new problems, processes, or procedures

College degree in Business with successful completion of courses in Finance, Management, Accounting, Marketing, Economics or equivalent work experience

Minimum of six years surety underwriting experience and/or equivalent surety related experience required