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Arch Capital GroupPosted 1 month ago

AVP, Contract Surety

RemoteUnited States

Full TimeBachelors DegreeLarge

Job Summary

Conduct profitable growth and underwriting leadership for an assigned territory, overseeing a complex portfolio of Contract Surety accounts. Drive disciplined underwriting practices, business development initiatives, and agency management strategies to meet profitability objectives. Act as a trusted advisor to agents, brokers, and clients by assessing account management acumen, past experience, and organizational depth. Gather and analyze information to evaluate credit quality and risk acceptability, preparing underwriting submissions within established authority limits. Monitor assigned accounts for compliance with Arch standards and recommend corrective actions as needed. Correspond with CPAs, bankers, lawyers, architects, subcontractors, and engineers to secure additional underwriting detail. Manage producers within the territory, including premium collection and building strategic relationships to expand market presence.

Required Qualifications

  • Strong leadership skills
  • Strong oral and written communication skills
  • Organization and prioritization to meet multiple demands and commitments
  • Solid understanding of financial and accounting principles
  • Ability to demonstrate sound business judgment in evaluation of the financial condition, experience, credit history and character of contract accounts
  • Proficiency in MS Word, Excel, PowerPoint, Outlook
  • Bachelor's degree in Business, Finance, Accounting, Marketing, Management, or a related field, or an equivalent combination of education and experience
  • 10+ years of experience in the Surety industry
  • Demonstrated expertise in underwriting
  • Demonstrated expertise in portfolio management

Desired Qualifications

  • Associate in Fidelity and Surety Bonding (AFSB) designation preferred

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