VP, Contract & Specialty Surety Underwriting — Hybrid

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

Benefits offered by this job

Hybrid work environment

Healthcare and Wellness Programs

Mentorship Program

Performance-based bonuses

College Loan Assistance Support Plan

Job summary

IAT Insurance Group seeks a Vice President of Contract Surety Underwriting to oversee underwriting of Contract and Specialty Surety lines and manage regional profit centers. This role is hybrid, requiring office presence Mon-Wed with Thu-Fri remote option, reporting to the Chief Underwriting Officer for Contract Surety.

The ideal candidate has extensive contract surety experience, strong leadership, and proven ability to drive underwriting strategy across national regions.

Qualifications

• Bachelor’s degree required; 12+ years of relevant Surety industry experience or 16 years equivalent.
• Extensive Contract Surety experience and Specialty Surety ability.
• 6+ years of supervisory experience with coaching and mentoring direct reports.
• Excellent written and oral communication skills.
• Authorized to work in the United States without visa sponsorship.

Responsibilities

• Collaborate with Field Regional VPs to manage Regional Managers and staff.
• Underwrite and manage complex Contract and Specialty Surety risks.
• Support budget attainment including premiums, loss ratio, and retention.
• Develop underwriting guidelines and participate in policy-making committees.
• Plan and execute regional goals and strategic plans with Home Office leadership.
• Lead personnel management for Home Office underwriting staff and budget preparation.
• Coach Regional Managers and Profit Center staff on strategic initiatives.
• Assist in implementing automated underwriting and support systems.
• Maintain strong industry knowledge and respond promptly to inquiries.

Skills

Contract Surety underwriting

Supervisory experience

Team leadership

Communication skills

Education

Bachelor’s degree

Job description

IAT Insurance Group seeks a Vice President of Contract Surety Underwriting to oversee underwriting of Contract and Specialty Surety lines and manage regional profit centers. This role is hybrid, requiring office presence Mon-Wed with Thu-Fri remote option, reporting to the Chief Underwriting Officer for Contract Surety.

The ideal candidate has extensive contract surety experience, strong leadership, and proven ability to drive underwriting strategy across national regions.