Home Office Commercial Surety Underwriting Director

American Financial Group, Inc.

$175K — $230K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's or Master's degree in Finance, Economics, Business, or equivalent experience
  • 10-15 years of surety underwriting experience
  • At least 5 years of leadership experience
  • Preferred progress toward a professional designation
  • Strong analytical skills and attention to detail

Responsibilities

  • Oversee Financial Products Underwriting operations and enhance workflow efficiency
  • Develop and implement strategic plans for the Production Underwriting team
  • Assess the quality and volume of underwritten risks and compile insightful reports
  • Build strategic relationships with stakeholders to drive profitable growth
  • Guide the assessment of policy renewals, recommending improvements and risk mitigation
  • Ensure exceptional customer service by monitoring service levels and implementing improvements
  • Oversee product promotions to align with market growth and customer engagement goals
  • Implement and update underwriting rules, guidelines, and insurance regulations

Benefits

  • Medical, dental, and vision coverage
  • Wellness plans and parental leave
  • Adoption assistance and tuition reimbursement
  • Paid Time Off and paid holidays
  • 401(k) plan with company match
  • Employee stock purchase plan
  • Commuter benefits
Full Job Description
Great American's Bond Division has been underwriting surety bonds since 1926. We are known for expert underwriting, solid financial strength, market leadership, and creative solutions. Great American is one of the top surety companies in the United States.

Bonds - Great American Insurance Group

The Bond Division is hiring a Home Office Commercial Surety Underwriting Director. The candidate can be located anywhere within the continental United States. The position involves in-office work and traveling within the United States.

Essential Job Functions and Responsibilities
  • Accountable for overseeing Financial Products Underwriting operations, enhancing workflow efficiency, and maintaining high productivity levels.
  • Accountable for developing and implementing strategic plans for the Production Underwriting team, ensuring alignment with business goals and objectives.
  • Oversee the assessment of underwritten risk quality and volume and compile comprehensive reports to convey key insights.
  • Leverages strategic relationships with internal and external stakeholders to drive and sustain profitable growth.
  • Overseas and guides the assessment of policy renewals and modifications, recommending strategic improvements and risk mitigation opportunities.
  • Responsible for the delivery of exceptional customer service by monitoring management reports on service levels, activities, customer experience, and implementing strategic improvements as necessary.
  • Responsible for overseeing product and service promotions, ensuring they align with market growth objectives and enhance customer engagement.
  • Oversee the implementation, application, and updating of underwriting rules, rating manual guidelines, and insurance regulations.
  • Performs other duties as assigned.


Job Requirements
  • Bachelor or Master's Degree in Finance, Economics, Business, or a related field or equivalent experience.
  • Generally, a minimum of 10-15 years of surety underwriting experience, including a minimum of 5 years of leadership experience.
  • Completion of or continuing progress toward a professional designation preferred.


Business Unit:
Bond

Salary Range:
$175,000.00 -$230,000.00

Benefits:

We offer competitive benefits packages for full-time and part-time employees*. Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement. Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits.

Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process. Learn more at http://www.gaig.com/careers.

*Excludes seasonal employees and interns.

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