- Produce and manage new business write up, client contact and marketplace submission.
- Analyze surety financial ratios (ability to recommend/suggest surety parameters)
- Obtain bond approvals from company underwriters in accordance with exceeding the client's surety bond program.
- Attend client/surety meetings to establish or renew surety program based on analyzed surety financial ratios/results.
- Attend surety company and/or association events
- Assist with bond claims.
- Process and issue various surety bond requests (bid, performance & payment, various commercial bonds) for current and new customers per the agency's surety procedures
- Transact various surety bond renewals and new business item in the agency's operating system
- Five years of related experience and/or training, or equivalent combination of education and experience
- Knowledge of Applied Preferred Database software, Excel Spreadsheet software, and Word processing software
- Certificates, Licenses, Registrations: Active P&C License
- Sales experience preferred
- EPIC Qualifications and Insurance License required
- Proven experience in the insurance industry, particularly in Surety & Bonds management.
- Demonstrated track record of achieving sales targets and business growth.
- Bachelor's degree in Business Administration, Finance, or a related field (preferred).
- Incentive (comms) for New Business Accounts and Retained Clients
- Health, Dental, Vision and Life Insurance Benefits
- 401(k) Plan
- 20 Days of PTO
- 9 Holidays
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Surety & Bonds Manager - Livingston, United States - ITEOM
Description
Job Description
Job DescriptionWe are currently seeking a dedicated Surety & Bonds Manager to join our client's esteemed team. As a key team member, you will lead in client service, adhering to agency guidelines, and provide top-notch insurance advice. Building strong relationships with clients and carriers is vital, always maintaining integrity in every interaction - across retention and new business both. You'll also focus on expanding our Surety department's portfolio and cross-promoting all agency insurance services.Location: Livingston, NJ
Job Type: Full TimeSalary: Negotiable base starting at $150K+ plus benefits, commission and discretionary bonus.
What You'll Do:
What We're Looking For:
Benefits:
About ITEOM: ITEOM Talent Partners aligns top professionals with leading employers, fostering purpose, passion, and belonging in the job search and workplace. We're committed to creating more human work experiences as an equal opportunity employer. Note: This role is not eligible for sponsorship; W2 employment only. Local candidates preferred, as relocation assistance is not available.
