IAT Insurance Group has an immediate need for a Commercial Surety Regional Manager located in our Plano, Texas or Spring, Texas locations. The Commercial Surety Regional Manager is responsible and accountable for the successful management of the Plano, Texas commercial surety business, which consists of Texas, Oklahoma, Louisiana, and Arkansas. This individual will be responsible for the growth and development of the region with the full financial support of IAT. This senior leader needs to be recognized as a commercial surety expert within the industry in order to maintain credibility with agents and attract the additional talent required as the business grows. The goal is to position IAT Surety as both a valued partner to key surety producers as well as a recognized leader in the regional surety marketplace. This role will work a hybrid schedule from the office Monday through Wednesday, with the option of working remotely on Thursday and Friday.
Responsibilities:- Establish and implement short- and long-range regional goals and objectives.
- Manage the performance and development of regional staff
- Prepare and present annual budget for Regional Office
- Establish and manage the department expenses and budget
- Drive regional initiatives and business strategies
- Work strategically and tactically with agents/principals to ensure appropriate level of understanding of company goals and objectives
- Coach, lead and develop underwriters and participate in the development of underwriting training
- Manage regional agency plant to ensure positive and profitable outcomes
- Within authority limit, make timely and prudent decisions consistent with approved guidelines and requirements within submission timeframe
- Jointly, with Chief Commercial Officer and Home Office Underwriter, establish and manage regional growth and business targets
- Accountable for the profit centers' underwriting and accurate underwriting documentation and adhere to underwriting policies and procedures
- Participate in industry functions to increase company visibility in the marketplace
- Demonstrate superior responsiveness to agents, principals
- Perform other duties as necessary
Qualifications:Must Have:- Bachelor's degree in business or related field, more than 10 of experience in surety with experience building, developing, and expanding distribution relationships or equivalent
- Equivalent experience is defined as 8 years of relevant surety underwriting experience along with 2+ years of other related professional experience
- Experience must include significant commercial surety
- We will consider current IAT Surety employees for this role who are currently meeting expectations and have the appropriate level of technical abilities
- Must be a sharp rigorous thinker who creates a logical connection for others between the dynamics of market realities, goals, vision and strategy
- Ability to respond promptly and effectively to sensitive inquiries or complaints
- Ability to define problems, gather the facts and draw valid conclusions
- Ability to prioritize and organize
- Excellent verbal and written communication skills
- Possess high ethical standards and expects the same from all other in the organization.
- Ability to establish and develop long-standing relationships
- To qualify, all applicants must be authorized to work in the United States and must not require, now or in the future, VISA sponsorship for employment purposes
Preferred to Have:#LI-TT1
We offer comprehensive benefits like:
- 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 to assist you in furthering your career
- Healthcare and Wellness Programs
- Opportunity to earn performance-based bonuses
- College Loan Assistance Support Plan
- Educational Assistance Program
- Mentorship Program
- Dress for Your Day Policy
