AVP, Contract Surety Manager - Central Region

Allianz Trade in North America; Baltimore (MD); On-site; USD 240,000 - 275,000; Full time

Benefits offered by this job

Competitive compensation

Annual bonus eligibility

401(k) discretionary match up to 6%

Flexible work schedules

Health and wellness benefits

Paid time off

Tuition reimbursement

Family care resources

Job summary

Allianz Trade in North America is seeking a skilled professional to develop and manage a Surety business portfolio in Baltimore, MD. This role requires a college degree, at least 7 years of experience in the insurance industry, and knowledge of underwriting and business development. The annual compensation range is between $240,000 to $275,000, along with various employee benefits including flexible work schedules and health benefits.

Qualifications

• 7+ years of experience in the insurance industry.
• Proven ability to underwrite and grow a Surety portfolio.
• Recognized expertise in underwriting surety accounts.

Responsibilities

• Develop and execute a strategic business plan for the Eastern U.S.
• Underwrite a profitable Surety portfolio.
• Maintain key relationships and manage a regional underwriting team.

Skills

Business development

Underwriting

Marketing plan management

Broker relationships

Service-driven adaptability

Education

College degree in business, economics, or finance

Job description

Key Responsibilities And Job Duties

• Developing and executing a strategic business plan in order to expand our business in the United States, mainly in the East Region.
• Developing and underwriting a profitable portfolio of Surety business through active engagement in the Surety marketplace with existing and new broker relationships.
• Documenting all decisions and recommendations in a consistent and transparent manner.
• Establishing and maintaining key relationships while building out a regional underwriting team.
• Conducting account and portfolio underwriting activities in a manner consistent with underwriting guidelines and portfolio management requirements established by the company.
• Collaborating with colleagues across the Americas and internationally to fully leverage surety capabilities and existing customer base.
• Coordinating with Surety teams globally to ensure alignment on risk and underwriting issues.
• Actively participating in industry groups, and local surety events.

Required Qualifications And Skills

• College degree with emphasis in business, economics, or finance.
• 7 years+ experience in insurance industry experience.
• Entrepreneurial skill set to establish and achieve goals and objectives.
• Established track record developing business with brokers.
• Proven ability to underwrite and grow a Surety portfolio.
• Experience in the development and management of marketing plans, business plans, and budgets.
• Knowledge of Surety distribution channels and experience in managing relationships with regional brokers.
• Recognized expertise in the underwriting of surety accounts and risks.
• Ability to work in a fast paced, service driven environment.

Total Compensation Range

$240,000 - $275,000

Placement within the range provided above is based on the individual’s relevant experience, skills for the role, and location. Salary ranges are only one component of our total compensation package.

Benefits

We value your goals and needs, at work and in life. As an associate, you’ll be supported with resources, benefits, and work-life balance so you can thrive in ways that matter to you.

Featured Employee Benefits To Enrich Your Life

• Competitive compensation
• Annual bonus eligibility and/or commission structure opportunities
• 401(k) discretionary match of up to 6%
• Flexible work schedules
• Health and wellness benefits
• Paid time off for vacation, illness, birthday day off and volunteer day off
• Tuition reimbursement
• Family care resources, including fertility and adoption benefits

Learn more about our benefits.

Commitment to Diversity, Equity, and Inclusion

We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love, or what you believe in. We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.