Bachelor's degree in business or related field; 10+ years of surety experience, with a focus on building distribution relationships
8 years with commercial surety underwriting and 2+ years in related roles may suffice
Recognized expertise in commercial surety is essential
Leadership experience considered a plus
Exceptional communication skills and ability to establish long-term relationships
Proficiency in problem-solving and logical analysis
U.S. work authorization without the need for sponsorship required
Responsibilities
Establish short- and long-term goals for the regional commercial surety business
Oversee team performance and development throughout the region
Prepare and present the annual budget for the regional office
Manage departmental expenses and maintain budgetary compliance
Drive initiatives and strategies to grow the business regionally
Collaborate strategically with agents to align on company objectives
Coach and develop underwriters while enhancing their training programs
Benefits
26 PTO Days + 12 Company Holidays for a total of 38 paid days off
7% 401(k) Company Match with additional profit sharing opportunities
Flexible work setup with a hybrid model
Comprehensive training and development programs
Access to healthcare and wellness programs
Eligibility for performance-based bonuses
College Loan Assistance and Educational Support
Opportunities for mentorship and professional growth
Casual dress policy with a 'Dress for Your Day' approach
Full Job Description
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:
Leadership experience
#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
About IAT Insurance Group
IAT Insurance Group is a privately held insurance company that provides a wide range of insurance products, including property and casualty, specialty, and surety. The company was founded in 1998 and is headquartered in Itasca, Illinois. IAT Insurance Group has over 1000 employees and operates in various industries, including transportation, construction, and energy. The company is committed to providing high-quality insurance products and services to its clients and has been recognized for its excellence in customer service and claims handling.
