Surety Assistant Underwriting Manager

IAT Surety has an immediate opening for a Surety Assistant Underwriting Manager in our Walnut Creek, California. This role will serve as a point member of our underwriting team, handling routine underwriting responsibilities including but not limited to the below, in a fashion consistent with the company policy and procedures. This involves interfacing with regional office Underwriters, various home office personnel, agents, and principals. Please note, IAT works on a hybrid schedule, working from the office Monday through Wednesday with the option of working remotely Thursday and Friday.

• Proactively seek renewal and new account opportunities
• Financial and account analysis of construction companies, authority, and referral requirements for consideration of new, existing and renewal business.
• Requesting and gathering financial information on assigned accounts.
• Maintain agency relationships and assist in developing or strengthening relationships with agents that are not directly assigned.
• Market independently to our agent and broker partners with an emphasis on production
• Enhance IAT’s presence in the marketplace
• Provide general direction to the Bond Underwriting Assistants for bond processing and the Contract Underwriters in Walnut Creek.
• Formulate quality recommendations to Branch and Home Office on assigned accounts and agents.
• Rate and review bonds for premium and classification accuracy.
• Ensure accuracy and completeness of files and verify that all necessary documentation is complete in file.
• Act as the primary service contact and visit agents assigned by the Regional Manager 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.

• Bachelors’ degree in Finance, Mathematics, Business or related with at least 6 years-experience in Contract Surety or equivalent.
• Equivalent is defined as 9 years of relevant Contract Surety underwriting experience.
• Knowledge of Surety
• Passion for marketing and developing relationships
• Strong competency in quantitative and financial analysis
• Requires strong math aptitude, excellent verbal and written communication
• Desire to develop as a leader
• To qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes.

• AFSB industry designations
• Experience with both contract and/or commercial surety
• Existing industry relationships

At IAT, we’re committed to driving and building an open and supportive culture for all. Our employees propel IAT forward – driving innovation, stable partnerships and growth. That’s why we continue to build an engaging workplace culture to attract and retain the best talent.

• 26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off
• 7% 401(k) Company Match and additional Profit Sharing
• Hybrid work environment
• Numerous training and development opportunities to assist you in furthering your career
• Healthcare and Wellness Programs
• Opportunity to earn performance-based bonuses
• College Loan Assistance Support Plan
• Educational Assistance Program
• Mentorship Program
• Dress for Your Day Policy

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.

To view details of our full benefits, please visit https://www.iatinsurancegroup.com/careers/benefits

Originally posted on Himalayas