[Hiring] Surety Field - Regional Director - Large Contract @Cincinnati Financial

Role Description

Our Surety Field department seeks a regional director for our Surety Field Operations for Large Contract. This position is for the Pennsylvania and New Jersey territory. This position is fully remote.

Be ready to:

• Manage and develop a large contract surety book for the assigned territory by:
• 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 decisions 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 systems
• Appointing new agency relationships that have a core focus on surety development
• Developing and maintaining close agency relationships
• Displaying a high degree of professionalism, underwriting expertise and familiarity with the local construction and economic environment
• Supporting commercial surety and small contract lines with a hands-on knowledge of related tools, procedures and objectives
• Developing growth and profitability plans, including cross-selling strategies, for all surety lines
• Communicating and interacting with associates, agencies and customers effectively
• Giving polished surety presentations to agents and bond principals
• Traveling to meet with agents, account executives and bond principals in your assigned territory

Qualifications

• Basic computer skills, including proficiency in 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)

Requirements

• A bachelor’s degree (preferably in finance, accounting or economics)
• A minimum of five years of surety underwriting experience focusing on larger contractors with higher levels of bond activity
• Supplemental surety and/or insurance-specific training or knowledge, such as an Associate in Fidelity and Surety Bonding (AFSB), Charter Property Casualty Underwriter (CPCU), or other designations and/or courses of study

Benefits

• Eligible associates may receive an annual cash bonus and stock incentives based on company and individual performance
• We offer a variety of benefits and amenities to increase the well-being and satisfaction of our associates

Company Description

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.