Surety Field - Regional Director

Company: Cincinnati Insurance Company, Inc.
Location: Duvall
Posted on: May 26, 2023

Job Description:

Description:

Make a difference with a career in insurance

At The Cincinnati Insurance Companies, we put people first and apply the Golden Rule to our daily operations. To put this into action, we're looking for extraordinary people to join our talented team. Our service-oriented, ethical, knowledgeable, caring associates are the heart of our vision to be the best company serving independent agents. We help protect families and businesses as they work to prevent or recover from a loss. Share your talents to help us reach for continued success as we bring value to the communities we serve and demonstrate that Actions Speak Louder in Person -.

If you're ready to build productive relationships, collaborate within a diverse team, embrace challenges and develop your skills, then Cincinnati may be the place for you. We offer career opportunities where you can contribute and grow.

Start your journey with us

The Surety department is currently seeking a polished Regional Director for our Surety Field Operations for Large Contract in Western WA.

Positions serving territories away from our headquarters in Fairfield, Ohio may be fully remote.

The pay range for this position is $95,000 - $170,000 annually. The pay determination is based on the applicant's education, experience, location, knowledge, skills and abilities. Eligible associates may also receive an annual cash bonus and stock incentives based on company and individual performance.

Be ready to\:

--- manage and develop a large contract surety book for the assigned territory, including\:

• identifying opportunities and working with agencies to write new accounts
• conducting meetings with agents and contractors
• evaluating principals, operationally and financially, for surety credit
• approving bonds and programs within assigned authority
• recommending underwriting decision on bonds or accounts exceeding authority
• understanding and employing the company's underwriting approach and philosophy
• performing analysis and recording activity in underwriting and administrative tools and systems
  
  • ability to appoint new agencies relationships that have a core focus on surety development.
  • ability to develop and maintain close agency relationships
  • display a high degree of professionalism, underwriting expertise and familiarity with the local construction and economic environment
  • support commercial surety and small contract lines with a hands-on knowledge of related tools, procedures and objectives
  • develop growth and profitability plans including cross-selling strategies for all surety lines
  • communicate and interact with agencies and customers, effectively and with confidence. This includes your HQ underwriting and support teams and CIC salespeople in your territory
  • give polished surety presentations to agents and bond principals
  • travel to meet with agents, account executives, and bond principals in your assigned territory
    Qualification:
    
    Be equipped with\:
    
    
    • Surety field experience in Western WA.
    • supplemental surety and/or insurance-specific training or knowledge, such as represented by AFSB, CPCU or other designations and/or courses of study
    • basic computer skills, including Microsoft Excel
    • strong organizational and decision-making skills
    • excellent written and verbal communication skills
    • strong proficiency with financial analysis and knowledge of construction accounting methods
    • existing agency and contractor relationships that can attract and develop large contract surety business preferred
      Ability to\:
      
      
      • evaluate and interpret bonds, contracts, credit reports and loan agreements
      • adapt to change
      • manage multiple, competing tasks or priorities
      • work independently and with others
      • set and adhere to goals
      • work as needed to get the job done
      • deliver superior service
        You've earned\:
        
        --- a bachelor's degree, preferably in finance, accountancy, or economics and five years surety underwriting experience, focusing on larger contractors with higher levels of bond activity
        
        Enhance your talents
        
        Providing outstanding service and developing strong relationships with our independent agents are hallmarks of our company. Whether you have experience from another carrier or you're new to the insurance industry, we promote a lifelong learning approach. Cincinnati provides you with the tools and training to be successful and to become a trusted, respected insurance professional - all while enjoying a meaningful career.
        
        Enjoy benefits and amenities
        
        Your commitment to providing strong service, sharing best practices, and creating solutions that impact lives is appreciated. To increase the well-being and satisfaction of our associates, we offer a variety of benefits and amenities. Learn more about our benefits and amenities packages.
        
        Embrace a diverse team
        
        As a relationship-based organization, we welcome and value a diverse workforce. We provide equal employment opportunity to all qualified persons without regard to race; creed; color; sex, including sexual orientation, gender identity and transgender status; religion; national origin; age; disability; military service; veteran status; pregnancy; AIDS/HIV or genetic information; or any other basis prohibited by law. Learn More.
        

Keywords: Cincinnati Insurance Company, Inc., Seattle , Surety Field - Regional Director, Executive , Duvall, Washington