Director of Business Development - Large Market Commercial Surety
Lead an underwriting team that includes surety territory managers and field underwriters for a large market commercial surety book of business by developing business relationships with agencies and brokers, underwriting large accounts, directing employee engagement, and managing expenses for the territory.
*** Monitor risk selection, bond risk, renewal retention, and pricing decisions on a portfolio and individual account level.
*** Review and approve underwriting decisions of staff and ensure compliance to legal requirements and organizational, business and strategic objectives.
*** Analyze performance of portfolio as well as individual account performance and develops appropriate action to drive profitable growth.
*** Research large exposure bonds requiring a deep understanding of complexity of publicly and privately held companies and business plans.
*** Assist in drafting bond forms and analyzing underlying contracts.
*** Review complex or escalated business and make underwriting decisions based on the underwriting authority granted to the role, using company underwriting guidelines and standards.
*** Provide recommendations to leadership regarding underwriting strategy and opportunity.
*** Create financial and operational goals, budgets, and timelines to meet company standards.
*** Plan, develop, and integrate territory sales plans to achieve top and bottom line objectives.
*** Direct associates and provides performance management, salary planning and administration, organizational planning, hiring and placement.
*** Manage training of associates within surety organization to ensure a high degree of competency and professionalism.
*** Develop and maintain strong business relationships with key groups and individuals within the commercial lines market.
Be a part of a dynamic organization offering a competitive compensation package commensurate with experience, bonuses, full medical benefits, 401(k) with company match, life & disability insurance, numerous training and coaching programs, comprehensive vacation policies, professional development opportunities, and more
Please reference #37779148 when responding.Education Requirements: Bachelor DegreeMinimum Experience Requirements: 5-10 yearsJob City Location: AustinJob State Location: TXJob Country Location: USA
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