Senior Underwriting Director - Contract Surety

🔥 11 minutes ago

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Logo of Intact Insurance Specialty Solutions

Intact Insurance Specialty Solutions

1001 - 5000 employees

💸 Finance

🤝 B2B

Finance • B2B

Intact Insurance Specialty Solutions is a marketing brand of Intact Insurance Group USA LLC that provides specialty commercial insurance products and risk management services for a wide range of industry segments. It offers targeted coverages—including commercial and contract surety, entertainment, environmental, excess property, financial institutions, inland and ocean marine, management liability, technology, and tuition refund—supported by claims and risk control specialists and the financial strength of affiliated insurance carriers. The company serves primarily businesses and distribution partners (producers, brokers) with tailored specialty insurance solutions across sectors such as marine, media & entertainment, construction, healthcare, education, and finance.

📋 Description

• Directs effective product development, pricing and underwriting through managing all components of profit, loss, and expenses for our largest, and/or most complex product lines • Achieves profitability and growth goals through the development and execution of annual strategic plan including specific underwriting, pricing, retention, service, and expense plans • Analyzes book trends and manages catastrophe plans • Analyzes data on competitors’ products, programs, and pricing levels • Implements new pricing levels and product modifications • Enhances existing products and programs • Maintains a strong professional knowledge of regulatory and legal environments • Communicates and acts on this information effectively • Develops methods for building and mobilizing a technically competent and highly effective staff capable of meeting current and future needs of the corporation • Ensures compliance with underwriting standards and authorities • Has ultimate underwriting authority for the Surety line of business • Directs underwriting decisions in compliance with state laws • Directs in the creation of underwriting guidelines, product and coverage forms or system modifications • Monitors corporate results, develops and implements actions as needed

🎯 Requirements

• Bachelor’s degree required • 10 years Surety bond experience or related education/experience • Minimum 5-7 Supervisory/Management years of experience required • MBA, AFSB designation highly desirable

🏖️ Benefits

• Comprehensive medical, dental and vision insurance with no waiting period • Competitive paid time off programs • 401(k) savings and annual contributions of up to 12% of annual salary • Mental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefits

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