Title: Surety & Bonds Manager
Location: Livingston, NJ
Great opportunity for growth. VERY Competitive Salary and Commissions
Position Overview
Produce and services clients, in accordance with Agency guidelines, provide a high level of service and insurance advice to all clients. Develop, build, and maintain a strong business relationship with both clients and carriers. Demonstrate integrity in all dealings with clients, carriers, and internal staff. Achieves agency objectives for account development, retention, and placement of business. Develop and expand existing book of business to grow Surety department. Cross market and sell all agency insurance services.
Primary Responsibilities
• 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 (EPIC)
Qualifications
Education and/or Experience:
College degree preferred,
Five years related experience and/or training; or equivalent combination of education and experience.
Insurance License required.
Computer Skills:
Knowledge of Applied Preferred Database software; Excel Spreadsheet software and Word processing software.
• Certificates, Licenses, Registrations: Active P&C License
• Sales experience preferred
Benefits:
• Incentive for New Business Accounts
• Health, Dental, Vision and Life Insurance Benefits
• 401(k) Plan
• 20 Days of PTO
• 9 Holidays
• Hybrid Work Schedule
