VP, HO Surety Underwriting

Position: VP, HO Contract Surety Underwriting
Crum & Forster Company Overview Crum & Forster (C&F) provides market leading property & casualty, accident & health, specialty and standard commercial lines insurance solutions. A true underwriting company, we have a 200-year history of helping our customers manage risk with laser-focused expertise, integrity and discipline. Our people are empowered to make decisions and   problem-solve with you smartly and swiftly.

Our annual gross written premium is 6.2 billion. C&F enjoys a financial strength rating of "A+" (Superior) by AM Best. Our most valuable asset is our people. We have 3000 employees, and locations throughout the United States and India. With our employee-first focus, the Company is consistently recognized as a great place to work, earning multiple workplace and wellness awards, including the Great Place to Work Award, Fortune 100 Best Companies to Work For, Fortune Best Workplaces for Parents, Fortune Best Workplaces for Millennia ls, and many others.

C&F is part of Fairfax Financial Holdings. For more information about C&F, please visit our website:

Job Description Our Surety Division is a top 10 underwriter of surety bonds in the U.S., focused on delivering specialized bond solutions for commercial obligations and construction risks. Surety brings deep expertise to each of the specialized markets it serves. Our products include Commercial Surety, Contract Surety, and Bail Bond insurance. We have offices nationwide and we are dedicated to providing superior local relationships, expertise, and service.

Contract Surety Home Office Underwriting VP Morristown, NJ hybid location - weekly presence required.

Job Description The Contract Surety Home Office Underwriting Director will be responsible for thoughtful decision-making and furthering underwriting standards, processes, and procedures as a leader in the Contract Surety home office.  The Contract Surety Home Office Underwriting Director will report directly to the Surety COO.Contract Surety Home Office Underwriting Director will:

Ensure consistency of underwriting standards across the regional offices and home office underwriting team.

Monitor accounts for proper rate and capacity compliance. Take corrective or proactive measures as necessary

Within their authority, make educated underwriting decisions based on recommendations provided by the Contract Surety home office team. Proactively engage Surety leadership on underwriting situations outside of individual authority level.

Act as a resource and knowledge center for regional and home office underwriters. Disseminate updates on key industry and underwriting issues regularly through multiple channels including written updates, meetings, and video calls.  Archive information for future use.

Act as a primary resource on complex risk accounts, including publicly traded, international, and co-surety scenarios.

Build, document, maintain, and oversee the necessary underwriting standards and procedures to maintain a loss-free underwriting portfolio. Make recommendations and take ownership of future investments.

Regularly review the Contract Surety portfolio for changes in credit ratings and out of date underwriting data. Ensure that appropriate action plans are  coordination with Surety leadership, provide any requested underwriting information to C&F leadership and surety reinsurers.

Responsible for direct management and development of the home office Contract Surety underwriting team (4-6 direct reports).

Job Requirements:

Bachelor’s degree or equivalent plus a minimum of 15 years of contract surety experience—prior management/leadership experience required

Construction-related legal or accounting expertise preferred

Proven ability to decisively manage complex underwriting decisions

Strong…