Sr Bond Territory Manager

Company: Selective Insurance
Location: Huntington
Posted on: June 8, 2021

Job Description:

Are you seeking a career with a leading company recognized for a variety of awards and honors, including being named to Fortune's 2021 Best Workplaces in Financial Services and Insurance List? Selective Insurance Group, Inc. is a holding company for ten property and casualty insurance companies rated "A" (Excellent) by A.M. Best. We provide customized risk management solutions and value-added products and services that address every customer's unique needs.

The Sr. Bond Territory Manager manages bond production and underwriting activities within the New Jersey territory. Oversees the acceptance, declination and rating of risks while meeting profitability goals. Establishes and develops agency relationships for new marketing opportunities in all bond product lines.

ESSENTIAL DUTIES:

1. Markets to agency force, establishing and developing solid agency relationships. Independently conducts underwriting meetings. Mediates issues between agents, insured's, and other departments. Provide exceptional customer service.
2. Evaluates new business and renewal submissions from agency force to determine appropriateness. Underwrite bond submissions within delegated authority levels. Prepare and submit concise, fully-developed underwriting recommendations, as required, for submission to management.
3. Uses bond system automation and enhancements to improve efficiencies within assigned territory.
4. Ensures accurate and quality work, while maintaining high production standards.
5. Monitors and ensures the achievement of the territory's profitability goals and keeps abreast of current market conditions that affect business levels. Acts as a proactive advisor to management.
6. Assists with the training and cross-training process of other underwriters. Ensures that agency force is adequately trained and supported on the use of company systems.
7. Cross-sell with C/L SBU's. Educates and assists AMS staff with bond production to produce cross-sell opportunities and new leverage points with agency plant. Communicates with regional management and other underwriting business units about marketing activities, successes and issues.
8. Work with RBM to assist in developing territory and region goals. Support strategic and tactical efforts to grow premium profitably.
9. Must be able to drive an automobile to travel within territory. Car travel represents approximately 30% of employee's time and a valid driver's license.

Requirements and Qualifications:

• Broad knowledge of surety & fidelity underwriting environment.
• Demonstrated ability to effectively communicate with internal and external customers/peers.
• Proficient with Microsoft Word, Excel, and Outlook.
• Must have valid state-issued driver's license in good standing and be able to drive an automobile.
• Bachelor's degree in financial-related area such as accounting, finance, business administration, or marketing preferred.
• 5-8 years of Bond Underwriting experience.
• AU and/or CPCU encouraged, AFSB preferred

Selective is an Equal Employment Opportunity employer. Selective maintains a drug-free workplace

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Keywords: Selective Insurance, Huntington , Sr Bond Territory Manager, Other , Huntington, West Virginia