Home Office Commercial Surety Underwriting Director

Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidiaries of American Financial Group. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty and property and casualty operations, there are always opportunities here to learn and grow.

At Great American, we value and recognize the benefits derived when people with different backgrounds and experiences work together to achieve business results. Our goal is to create a workplace where all employees feel included, empowered, and enabled to perform at their best.

Great American's Bond Division has been underwriting surety bonds since 1926. We are known for expert underwriting, solid financial strength, market leadership, and creative solutions. Great American is one of the top surety companies in the United States.

The Bond Division is hiring a Home Office Commercial Surety Underwriting Director. The candidate can be located anywhere within the continental United States. The position involves in-office work and traveling within the United States.

Essential Job Functions and Responsibilities

• Accountable for overseeing Financial Products Underwriting operations, enhancing workflow efficiency, and maintaining high productivity levels.

• Accountable for developing and implementing strategic plans for the Production Underwriting team, ensuring alignment with business goals and objectives.

• Oversee the assessment of underwritten risk quality and volume and compile comprehensive reports to convey key insights.

• Leverages strategic relationships with internal and external stakeholders to drive and sustain profitable growth.

• Overseas and guides the assessment of policy renewals and modifications, recommending strategic improvements and risk mitigation opportunities.

• Responsible for the delivery of exceptional customer service by monitoring management reports on service levels, activities, customer experience, and implementing strategic improvements as necessary.

• Responsible for overseeing product and service promotions, ensuring they align with market growth objectives and enhance customer engagement.

• Oversee the implementation, application, and updating of underwriting rules, rating manual guidelines, and insurance regulations.

• Performs other duties as assigned.

Job Requirements

• Education: Bachelor or Master’s Degree in Finance, Economics, Business, or a related field or equivalent experience.
• Experience: Generally, a minimum of 10-15 years of surety underwriting experience, including a minimum of 5 years of leadership experience. Completion of or continuing progress toward a professional designation preferred, such as Associate in Fidelity and Surety Bonding (AFSB), Chartered Property Casualty Underwriter (CPCU), Certified Public Accountant (CPA), and/or Registered Professional Liability Underwriter (RPLU).
• Scope of Job/Qualifications: Typically manages a team of up to 2 underwriters. Contributes to the development of strategies, performance targets, and policies and procedures. Collaborate with management to understand workforce needs and position the organization as a preferred employer. Responsible for performance and coaching of staff and decisions regarding talent selection, development, and performance management. Plans and ensure that the team meets budget and performance targets.

Business Unit:

Bond

Salary Range:

$175,000.00 -$230,000.00

Benefits:

Compensation varies by role, position level, and location. Individual pay is influenced by skills, education, training, certifications, experience, and the role's scope and complexity, along with business needs.

We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one, PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave/adoption assistance, and a 401(k) plan with company match. These benefits are available to eligible full-time and part-time employees.

Your recruiter can provide more details about our total rewards and specific compensation ranges during the hiring process.