Vice President, Surety Programs - Hybrid

We’re thrilled that you are interested in joining us here at the Amynta Group!

This is a market facing position and we are looking for someone with a strong sales mindset who will proactively seek renewal and new account opportunities, as well as identify growth opportunities.

Responsible for producing, underwriting and retaining profitable business for the company, - Vice President (VP) of Surety’s primary task is to underwrite, maintain and grow the BTIS portfolio in accordance with the business plan, strategy, authority levels and regulatory environment. Responsible for utilizing your sales/marketing, relationship building and analytical skills to analyze and underwrite new and renewal Surety business.

This individual will have a broad range of responsibilities in working with both the Surety Claims and Underwriting Departments. This is a highly technical and market facing position and requires experience with Surety lines of business.

In this role you will:

Think strategically as it relates to national and local strategy.

Successfully execute and drive business results across assigned territory to include developing the business plan.

Manage operational complexities across multiple varied territories and physical locations.

Foster strong partnerships and has the ability to influence outcomes at various levels within the organization.

Play a key role partnering with Underwriting leadership, Specialty distribution and business partners.

Leadership & Coaching:

Leads, directs and has full management accountability for staff in area of responsibility with an emphasis on talent management; actively coaching and mentoring direct reports, providing regular feedback.

Delegates and effectively leads through others to achieve results.

Influence team by modeling strong relationship building with key stakeholders to encouraging use of timely and effective communication.

Effectively present information to influence organizational leaders and key stakeholders.

Technical Underwriting:

Collaborates with the internal Creative Team to create mockups for the final product.

Ensures that IT understand each project's requirements, coordinate with them.

Assists IT team in clarifying requirements and helping them to understand the business side.

Verifies that the product meets customer needs by reviewing feedback from customers or conducting usability testing.

Communicates with stakeholders to ensure everyone is on the exact same page about features, functionality, deadlines, and other details.

Prioritizes product backlog items based on their business value, the time required to complete them, and the order they were created.

Reviews prototypes and other proofs of concepts for feasibility prior to launch.

Communication of project status and roadblocks with other members of the team.

Portfolio & Sales Management:

Builds strong relationships with distributors (agents and brokers) and our customers in support of business retention and acquisition of new business is a key responsibility of this role.

Identifies growth opportunities by determining our customer’s insurance needs and providing the right solutions will also be a critical responsibility of this position.

Achieves gross written premium, retention, and new business plans.

Evaluates underwriting performance based on financial analysis. Includes rate, operational, planning and product reviews.

Internal marketing and production in support of our cross-sell efforts

Execution of the external marketing strategy

Adherence to underwriting rules and guidelines, insurance laws, regulations

Establish new as well as develop existing agency and broker relationships

Provide guidance, research, review, analysis, drafting, and negotiation for all aspects of contract and commercial surety and its related transactions.

Compliance:

Actively collaborate and coordinate with Surety Underwriters on existing and emerging claim matters and provide subject matter expertise on indemnity and legal matters.

Working within limits and authorities on assignments of varying degrees of complexity.

Basic Qualifications:

• High School Diploma or Equivalent and 7 or more years of experience in the Underwriting or Market Facing area.
• OR
• High School Diploma or Equivalent and 10 or more years of experience in the Claims or Underwriting Support area Knowledge of Microsoft Office
• Experience working on time restraints for quotes on new and renewal business

Preferred Qualifications:

• Advanced knowledge and practice of Surety Bonds
• Technical knowledge of insurance industry operations and processes
• Strong managerial, team building, and organizational skills
• Established Broker relationships
• Strong relationship, presentation skills, negotiation and leadership skills Ability to interact with the C-Suite
• Knowledge in risk selection and assessment
• Ability to manage complex portfolios
• Knowledge of loss trends, triangles and ratemaking

SALARY RANGE: $100k - $150k and is dependent upon several factors including geographical location, relevant experience, skills, and knowledge pertaining to this role and industry.

COMPENSATION: This position is eligible to participate in our discretionary bonus plan.

BENEFITS: In addition to our base compensation package, we also offer:

• 18 days of paid time off per year
• 11 paid holidays
• Health, dental and vision insurance plan,
• Short-term disability insurance
• Long-term disability insurance
• Basic term life and accidental death and dismemberment insurance
• A 401(k) plan which includes an employer match
• Voluntary Life Insurance is also available

The Amynta Group (the “Company”) is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of any ground of discrimination protected by applicable human rights legislation. The information collected is solely used to determine suitability for employment, verify identity and maintain employment statistics on applicants.

Applicants with disabilities may be entitled to reasonable accommodation throughout the recruitment process in accordance with applicable human rights and accessibility legislation. A reasonable accommodation is an adjustment to processes, procedures, methods of conveying information and/or the physical environment, which may include the provision of additional support, in order to remove barriers a candidate may face during recruitment such that each candidate has an equal employment opportunity. The Company will accommodate a candidate to the point of undue hardship. Please inform the Company's personnel representative if you require any accommodation in the application process.