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Regional Vice President - Commercial Surety, West Region

Old Republic Surety Company
dental insurance, life insurance, vision insurance, paid holidays, 401(k)
United States, Washington, Seattle
May 03, 2024
Description

Old Republic Surety Company (ORSC) is currently seeking a Regional Vice President Commercial Suretyto join itsField Leadership Team in the West Region, which consists of the following states: WA, OR, CA, NV, AZ, UT, NM, ID, MT, AK, HI .This position could be based out of any metropolitan city within the West Region, with preference given to Los Angeles (Chino), CA, Portland, OR or Phoenix, AZ.Under the guidance of the Vice President - Commercial Surety, this position oversees the management of assigned branch offices and provides management and development to branch personnel. This position also recommends authority levels and coordinates and approves underwriting submissions for branch offices within the assigned territory.Must have Surety Underwriting and Surety Marketing experience.


DUTIES AND RESPONSIBILITIES:
  • Supervise direct reports, make recommendations for performance management and disciplinary action. Train subordinates to achieve goals. In addition, contribute to the new employee selection process.
  • Oversee the management of assigned branch offices. Provide management and development to branch personnel. Assists in the development of training programs for field personnel.
  • Promote Old Republic Surety Company's contract surety underwriting standards and insure compliance with those standards. Assist Home Office in evaluation of underwriting guidelines.
  • Recommend authority levels and conditions for Bond Managers and Underwriters within the assigned region to Home Office for approval.
  • Coordinate and approve, within authority limits, all underwriting submissions within the assigned region. Serve as the first line of contact for "over authority" submissions and assist Bond Managers and Underwriters in preparing submissions for Home Office review and approval.
  • Evaluate annual business plans of assigned branch offices. Prepare annual business plans and budgets within the assigned region. Provide strategic direction in executing business plans. Monitor and measure execution of operational plan against Company objectives.
  • Execute expense management plans, along with Bond Managers, to meet budget to contribute to overall profitability.
  • Participate in sales and underwriting activities as they relate to agency management and business development. Develop agency plant and key broker relationships.
  • Other duties as assigned.

QUALIFICATIONS:
This position requires a Bachelor's Degree in a related field, or equivalent, and a minimum of eight years of related experience, or an equivalent combination of education and experience.
Working as a Regional Vice President requires one to work independently and effectively within a fast-paced environment. Proficiency with Microsoft (MS) Windows and Office products is necessary.Other skills necessary include excellent oral and written communication skills, strong organizational and accurate proofreading skills, the ability to maintain accurate records, the ability to exercise discretion with confidential information, strong attention to detail, and the ability to use a variety of office equipment.
This position requires frequent travel by use of motor vehicle, public transportation, and/or
airplane. This position also requires one to continuously have a valid driver's license and a motor vehicle operator's record that is considered satisfactory as defined by company and/or corporate procedures.
PHYSICAL AND ENVIRONMENTAL DEMANDS:
This position requires one to sit for extended periods of time and stand and/or walk occasionally. The position requires one to occasionally push, pull, carry, and/or lift up to 10 pounds. No personal protective equipment is required. Ergonomic equipment is available to employees.

WHO ARE WE?

Old Republic Surety Companyunderwrites contract, fidelity, and commercial bonds, serviced through a network of more than 4,500 independent insurance agencies. Solutions provided include bid bonds, performanceand payment bonds, and maintenance bonds for large, middle market and smaller growing contractors. ORSC consistently offers superior service and creative underwriting options in all 50 states.
WHY OLD REPUBLIC SURETY COMPANY?
Old Republic Surety Company offers numerous opportunities for our employees to grow and prosper. We have a culture of growth from within and we support our employees' pursuits in advancing their careers. We offer this in an open-door, collaborative workplace that encourages and rewards both teamwork and individual contributions. We want bright, passionate individuals who share our values and quest for success. To learn more about our company culture and our outstanding benefits, please visit ourwebsiteand watch thisvideo.
COMPANY BENEFITS
Financial:
  • Competitive salary of $140,000 - $200,000, depending upon experience
  • 401k Savings & Profit-Sharing Plan, including company match contribution
  • Roth investment options
  • 529 Education Savings Plan
  • Employee Referral Bonus Program
Health:
  • Health Insurance
  • Dental Insurance
  • Flexible Spending & Health Savings Account options
  • Life Insurance
  • Vision Insurance
  • Supplement Life Insurance
  • Long-Term Disability Insurance
  • Paid Leave of Absence Benefits
  • Accident & Critical Illness Insurance
  • Pet Insurance
Work-Life Balance:
  • 38.75 hour standard work week
  • Hybrid work opportunities available upon completion of training
  • Casual business attire
  • Generous paid time-off (PTO)
  • Paid holidays
  • Volunteer opportunities
  • Company-sponsored events and outings

Interested? Click 'apply' and follow some very simple steps to get your resume in front of the Talent Acquisition Team.

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Old Republic Surety Company is an Equal Opportunity Employer and is committed to maintaining a diverse workplace.
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