Head of Commercial Surety Underwriting

Munich Re Specialty - North America; Philadelphia (Philadelphia County); Remote; USD 227.000 - 378.000; Vollzeit

Benefits dieser Stelle

Health insurance

Wellness program

Life and disability insurance

401k match

Retirement savings plan

Paid holidays

PTO

Zusammenfassung

Munich Re Specialty - North America is seeking a Head of Commercial Surety to lead underwriting, risk management, and business development for the commercial surety line. You will serve as the lead underwriter, manage the portfolio, and drive broker relationships across multiple U.S.

locations including NY, PA, NJ, CT, with remote options. The role offers significant underwriting authority, opportunities to shape client experiences, and a competitive compensation package with benefits.

Qualifikationen

• Bachelor’s degree in Business Administration, Economics, Finance, Accounting, or related field.
• 10+ years of progressive experience in commercial surety.
• Strong marketing, negotiating and communication skills.
• Proven ability to develop and maintain broker relationships.
• Strategic thinker with tactical execution and excellent time management.
• Willingness to travel up to 30%.

Aufgaben

• Develop and execute a strategic plan to expand the commercial surety portfolio with full P/L responsibility.
• Establish and maintain key surety broker relationships in line with guidelines.
• Develop risk and portfolio management tools to meet objectives with acceptable risk.
• Underwrite and manage referrals exceeding field limits, including renewals and bond requests.
• Evaluate bond forms, contracts and documents to assess risk.
• Coordinate with home office for joint ventures or co-surety arrangements.
• Collaborate with MRSI surety colleagues to increase customer base.
• Interact with field offices, reinsurers, and other associates, managing workflow to meet standards.
• Participate in senior management decisions on underwriting procedures and policy.

Kenntnisse

Entrepreneurial mindset

Marketing skills

Negotiation skills

Communication skills

Relationship management

Ausbildung

Bachelor’s degree in Business Administration, Economics, Finance, Accounting, or related field

Jobbeschreibung

Munich Re Specialty - North America is seeking a Head of Commercial Surety to lead underwriting, risk management, and business development for the commercial surety line. You will serve as the lead underwriter, manage the portfolio, and drive broker relationships across multiple U.S.

locations including NY, PA, NJ, CT, with remote options. The role offers significant underwriting authority, opportunities to shape client experiences, and a competitive compensation package with benefits.