Surety Underwriting Manager

IAT Insurance Group has an immediate opening for a Multi-Line Surety Underwriting Manager (Contract, Commercial, Subdivision) in our Charlotte, NC or Raleigh, NC location.

The role will act to serve as a point member of our underwriting team, handling routine underwriting responsibilities, including but not limited to the following, in a fashion consistent with the company policy and procedures. This involves interfacing with regional office Underwriters, various home office personnel, agents and principals. The schedule is hybrid, working from the IAT Office Monday through Wednesday, with the option of working Thursday and Friday remotely.

• Financial and account analysis of pertinent financial data, authority, and referral requirements for consideration of new, existing and renewal business.
• Requesting and gathering financial information on assigned accounts.
• Bond renewal preparation and determination on whether bonds should be cancelled.
• Maintain Agency relationships and provide exceptional service and support.
• May have authority to underwrite low value bonds and renewals.
• Provide general direction to the Bond Underwriting Assistants for bond processing.
• Provide 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 and verify that all necessary documentation is complete in file.
• Act as the primary service contact and visit agents assigned by the Regional Manager to foster and maintain an ongoing relationship.
• Accurately communicate knowledge of assigned accounts to Branch and Home Office personnel via written and verbal means.
• Prioritize workflow to ensure work is done in a timely fashion and all deadlines are met.
• Other job-related duties as required.

• Must Have:
  Bachelors’ degree in Accounting, Finance, Mathematics, Business or related with at least 7 years-experience in finance surety or equivalent (equivalent is defined as 11 years of relevant finance experience).
• Must have thorough knowledge of Surety industry along with an analytical skillset, which includes a minimum of 5 years of working in the industry.
• Must possess the ability to appropriately apply loss development and advanced loss analysis concepts to achieve optimal pricing of a risk.
• Must possess the ability to creatively utilize coverage features, deductibles, or reinsurance on individual risks to achieve company objectives.
• To qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes.

• AFSB industry designations.

• 26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off
• 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

All 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.