Director of Business Development - Large Market Commercial Surety


Austin, TX

Industry: Business Services


5 - 7 years

Posted 250 days ago

  by    Mason Ingling

This job is no longer available.

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

WE ARE AN EQUAL OPPORTUNITY EMPLOYER and our employment decisions are made without regard to race, color, religion, age, sex, national origin, handicap, disability or marital status. We reasonably accommodate individuals with handicaps, disabilities and bona fide religious beliefs. Jobs Career Position Hiring.


DISCLAIMER: We will make every effort to consider applications for all available positions and shall use one or more of the contact methods and addresses indicated in resume or online application. Indicated location may be proximate or may be desirable point of embarkation for paid or unpaid relocation to another venue. Job descriptions may fit single or multiple presently available or anticipated positions and are NOT an offer of employment or contract implied or otherwise. Described compensation is not definite nor precise and may be estimated and approximate and is negotiable depending on market conditions and candidate availability and other factors and is solely at the discretion of employers. Linguistics used herein may use First Person Singular and First Person Plural grammatical person construction for and with the meaning of Third Person Singular and Third Person Plural references. We reserves the right to amend and change responsibilities to meet business and organizational needs as necessary. Response to a specific posting or advertisement may result in consideration for other opportunities and not necessarily the incentive or basis of the response. Nothing herein is or may be considered a promise, guarantee, offer, pledge, agreement, contract, or oath.

$80K - $160K