Surety Account Executive

AssuredPartners - Cincinnati, OH

Full-time - Mid Level

Cincinnati, OH

Insurance Carriers and Related Activities

About the position

The Surety Account Executive is responsible for executing various types of bonds including bid, performance, and payment bonds. This role involves creating and maintaining relationships with surety clients and underwriters, managing contract needs, invoicing, and ensuring compliance with relevant laws and company policies. The position requires strong communication and analytical skills, as well as a customer-service mindset.

Responsibilities

• Executes all bid, performance, payment, and miscellaneous bonds in a timely manner consistent with state and federal law, company policies and procedures.
• Manages renewal of all miscellaneous surety bonds and contract surety bonds.
• Invoices all bonds and mediates billing disputes.
• Collects premiums that remain unpaid for more than 60 days.
• Keeps all information pertaining to financial year-end statements, interim statements, bank lines of credit, insurance certificates, and personal financial statements for owners up-to-date.
• Handles all general correspondence and maintains a working relationship with clients and underwriters.
• Executes indemnity agreements.
• Works with Surety Account Managers to develop company-wide surety procedures and establish practical surety policies.
• Follows company procedures with respect to all essential duties and responsibilities of the job.
• Provides sales support at the direction of the Producer, assisting in selling and marketing in coordination with all Agency personnel involved in new or existing business.

Requirements

• Property and Casualty License
• 5+ years of experience in commercial surety
• 1-3 years of experience independently managing a book at an insurance agency
• Tech savvy; ability to navigate multiple systems including Agency Management Software
• Intermediate skills in Microsoft Office products

Nice-to-haves

• Certified notary designation
• Other professional designations preferred

Benefits

• Health savings account
• Paid holidays
• Health insurance
• Dental insurance
• Paid time off
• 401(k) matching