Surety Assistant Underwriting Manager

IAT Surety has an immediate opening for a Surety Assistant Underwriting Manager in our Walnut Creek, California. This role will serve as a point member of our underwriting team, handling routine underwriting responsibilities including but not limited to the below, in a fashion consistent with the company policy and procedures. This involves interfacing with regional office Underwriters, various home office personnel, agents, and principals. Please note, IAT works on a hybrid schedule, working from the office Monday through Wednesday with the option of working remotely Thursday and Friday.ResponsibilitiesProactively seek renewal and new account opportunitiesFinancial and account analysis of construction companies, authority, and referral requirements for consideration of new, existing and renewal business.Requesting and gathering financial information on assigned accounts.Maintain agency relationships and assist in developing or strengthening relationships with agents that are not directly assigned.Market independently to our agent and broker partners with an emphasis on productionEnhance IAT’s presence in the marketplaceProvide general direction to the Bond Underwriting Assistants for bond processing and the Contract Underwriters in Walnut Creek.Formulate quality recommendations to Branch and Home Office on assigned accounts and agents.Rate and review bonds for premium and classification accuracy.Ensure accuracy and completeness of files and verify that all necessary documentation is complete in file.Act as the primary service contact and visit agents assigned by the Regional Manager to foster and maintain an ongoing relationship.Accurately communicate knowledge of assigned accounts to Branch and Home Office personnel via written and verbal means.Prioritize workflow to ensure work is done in a timely fashion and all deadlines are met.Qualifications:Must Have:Bachelors’ degree in Finance, Mathematics, Business or related with at least 6 years-experience in Contract Surety or equivalent.Equivalent is defined as 9 years of relevant Contract Surety underwriting experience.Knowledge of SuretyPassion for marketing and developing relationshipsStrong competency in quantitative and financial analysisRequires strong math aptitude, excellent verbal and written communicationDesire to develop as a leaderTo qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes. Preferred to Have:AFSB industry designationsExperience with both contract and/or commercial suretyExisting industry relationshipsOur CultureIAT is the largest private, family-owned property and casualty insurer in the U.S. Insurance Answers Together® is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers. At IAT, we’re committed to driving and building an open and supportive culture for all. Our employees propel IAT forward – driving innovation, stable partnerships and growth. That’s why we continue to build an engaging workplace culture to attract and retain the best talent.We offer comprehensive benefits like:26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off7% 401(k) Company Match and additional Profit SharingHybrid work environmentNumerous training and development opportunities to assist you in furthering your careerHealthcare and Wellness ProgramsOpportunity to earn performance-based bonusesCollege Loan Assistance Support PlanEducational Assistance ProgramMentorship ProgramDress for Your Day PolicyAll qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.Compensation:Please note, that the annual gross salary range associated with this posting is $118,000 – $147,000. This range represents the anticipated low and high end of the base salary for this position. Actual salaries will vary based on factors such as a candidate's qualifications, skills, competencies, and geographical location related to this specific role. The total compensation will include a base salary, performance-based bonus opportunities, 401(K) match, profit-sharing opportunities, and more. To view details of our full benefits, please visit https://www.iatinsurancegroup.com/careers/benefitsOriginally posted on Himalayas

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