Hybrid Surety Underwriting Manager

IAT Insurance Group; Birmingham (AL); Hybrid; USD 120,000 - 170,000; Full time

Benefits offered by this job

26 PTO Days + 12 Company Holidays = 38

7% 401(k) match and profit sharing

Hybrid work environment

Healthcare and wellness programs

Training and development opportunities

Mentorship program

Dress for Your Day policy

Job summary

IAT Insurance Group in Birmingham, AL or Alpharetta, GA seeks a Surety Underwriting Manager to lead underwriting activities and collaborate with regional underwriters and home office staff. This role offers a hybrid schedule with in-office collaboration Monday–Wednesday and optional remote Thursday–Friday.

The ideal candidate will hold a bachelor’s degree in Risk Management/Finance/Mathematics/Business and 7+ years of surety experience, plus strong analytical and pricing skills to optimize risk

Qualifications

• Bachelor's degree in Risk Management, Finance, Mathematics, Business, or related with at least 7 years’ experience in surety.
• Equivalent is defined as 11 years of relevant finance experience.
• Must have analytical skillset with a minimum of 5 years in the industry.
• Ability to apply loss development and advanced loss analysis concepts for pricing.
• Ability to creatively utilize coverage features, deductibles, or reinsurance on individual risks.
• Authorized to work in the United States without visa sponsorship.
• AFSB designation and experience with contract and commercial surety preferred.

Responsibilities

• Financial and account analysis of pertinent financial data, authority, and referral requirements for consideration of new, existing, and renewal business.
• Requesting and gathering financial information on assigned accounts.
• Bond renewal preparation and determination on whether bonds should be canceled.
• Maintain Agency relationships and provide exceptional service and support.
• May have authority to underwrite low-value bonds and renewals.
• Provide general direction to the Bond Underwriting Assistants for bond processing.
• Rate and review bonds for premium and classification accuracy.
• Ensure the accuracy and completeness of files and verify that all necessary documentation is complete in the file.
• Act as the primary service contact and visit agents assigned by the Regional Manager in order 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.
• Other job-related duties as required.

Skills

Analytical skills

Financial analysis

Underwriting

Leadership

Education

Bachelor’s degree in Risk Management/Finance/Mathematics/Business

7+ years in surety (or 11 years equivalent)

Job description

IAT Insurance Group in Birmingham, AL or Alpharetta, GA seeks a Surety Underwriting Manager to lead underwriting activities and collaborate with regional underwriters and home office staff. This role offers a hybrid schedule with in-office collaboration Monday–Wednesday and optional remote Thursday–Friday.

The ideal candidate will hold a bachelor’s degree in Risk Management/Finance/Mathematics/Business and 7+ years of surety experience, plus strong analytical and pricing skills to optimize risk