Head of Contract & Specialty Surety Underwriting

IAT Insurance Group; Naperville (IL); Hybrid; USD 175,000 - 290,000; Full time

Benefits offered by this job

Hybrid work environment

Profit sharing

401(k) Company match

Educational assistance

Mentorship program

Bonuses

Job summary

IAT Insurance Group is seeking a Vice President of Contract Surety Underwriting to lead our Contract and Specialty Surety operations. This hybrid role collaborates with field VPs and internal teams to steer underwriting strategy and profitability across regions.

The ideal candidate brings extensive contract surety experience, strong leadership, and a track record of developing underwriting guidelines and strategic plans. Expect collaboration, ownership mindset, and a strong client focus.

Qualifications

• Bachelor’s degree and more than 12 years of relevant Surety industry experience or equivalent.
• Equivalent is defined as 16 years of relevant Surety industry experience.
• Extensive Contract Surety experience is a must along with Specialty Surety ability.

Responsibilities

• Collaborates with Field Regional VPs in personnel management of Regional Managers and profit center staff.
• Demonstrates superior ability to underwrite and manage complex Contract and Specialty Surety risks.
• Manages and assists assigned regional offices in executing underwriting strategy and profitability goals.
• Assists in the development of underwriting guidelines.
• Collaborates on policy-making and planning committees.
• Establishes and manages goals for assigned regions.
• Manages underwriting staff in the Home Office.
• Assists in annual budgeting for Home Office divisions and regional centers.
• Develops strategic plans to identify key business opportunities.
• Provides training and direction to regional staff.
• Supports automation and enhanced underwriting systems.

Skills

Contract surety

Specialty surety

Underwriting

Supervisory

Leadership

Budgeting

Communication

Field experience

Ethics

Change management

Education

Bachelor’s degree

16 years surety experience

Job description

IAT Insurance Group is seeking a Vice President of Contract Surety Underwriting to lead our Contract and Specialty Surety operations. This hybrid role collaborates with field VPs and internal teams to steer underwriting strategy and profitability across regions.

The ideal candidate brings extensive contract surety experience, strong leadership, and a track record of developing underwriting guidelines and strategic plans. Expect collaboration, ownership mindset, and a strong client focus.