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Great American Insurance Group

Commercial Surety Underwriting Regional Manager - Midwest Region

Reposted 24 Days Ago
Be an Early Applicant
In-Office
Schaumburg, IL, USA
150K-210K Annually
Expert/Leader
In-Office
Schaumburg, IL, USA
150K-210K Annually
Expert/Leader
Manage the underwriting of commercial surety bonds, assess risks, ensure compliance, build relationships, and lead a team to achieve goals.
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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.

Bonds - Great American Insurance Group

The Bond Division is hiring a Commercial Surety Underwriting Regional Manager, for the Midwest Region. The canidate can be in Chicago, Cincinnati, Kansas City or Nashville. The position involves in-office work and traveling within the assigned territory.

Essential Job Functions and Responsibilities

  • Understand and analyze business reports needed in the underwriting processes, including credit checks, bank agreements, and financial statements.
  • Responsible for all risk selection/rejection, pricing, retention, growth, and profitability for their branch office.
  • Assess risk quality in compliance with company guidelines.
  • Review the underwriting of others and make recommendations for extending surety credit including the terms and conditions.
  • Develop and maintain strategic relationships with internal and external stakeholders.
  • Communicate effectively.
  • Must be highly organized to handle a variety of responsibilities.
  • Deliver exceptional customer service.
  • Make timely, informed decisions.
  • Operate with integrity and honesty.
  • Hold self and team accountable for achieving established objectives.
  • Use independent judgment and initiative to support business goals.
  • Coach and develop team.

Job Requirements

  • Education: Bachelor’s Degree or equivalent experience. 
  • Field of Study: Finance, Accounting or a related discipline
  • Experience: Generally, 9+ years of related experience and 4 or more years of management experience.  Progression toward certification in area of expertise preferred; appropriate certifications could include Associate in Surety and Fidelity Bonding (AFSB), Certified Public Accountant (CPA) and/or Registered Professional Liability Underwriter (RPLU).

Business Unit:

Bond


Salary Range:

$150,000.00 -$210,000.00

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.

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