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1 Surety Field - Regional Director - Large Contract Job in Seattle, WA

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The Cincinnati Insurance Companies
Seattle, WA | Full Time
$88k-116k (estimate)
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Surety Field - Regional Director - Large Contract
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$88k-116k (estimate)
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The Cincinnati Insurance Companies is Hiring a Surety Field - Regional Director - Large Contract Near Seattle, WA

Make a difference with a career in insurance
At The Cincinnati Insurance Companies, we put people first and apply the Golden Rule to our daily operations. To put this into action, we're looking for extraordinary people to join our talented team. Our service-oriented, ethical, knowledgeable, caring associates are the heart of our vision to be the best company serving independent agents. We help protect families and businesses as they work to prevent or recover from a loss. Share your talents to help us reach for continued success as we bring value to the communities we serve and demonstrate that Actions Speak Louder in Person®.
If you're ready to build productive relationships, collaborate within a diverse team, embrace challenges and develop your skills, then Cincinnati may be the place for you. We offer career opportunities where you can contribute and grow.
Build your future with us
Our Surety Field department seeks a regional director for our Surety Field Operations for Large Contract. This position is in our Western, Washington, territory.
Positions serving territories away from our Headquarters in Fairfield, Ohio, are fully remote.
Starting Pay: The pay range for this position is $95,000 - $170,000 annually. Pay is based on the applicant's education, experience, location, knowledge, skills and abilities. Eligible associates may also receive an annual cash bonus and stock incentives based on company and individual performance.
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
  • appoint new agency relationships that have a core focus on surety development
  • develop and maintain close agency relationships
  • display a high degree of professionalism, underwriting expertise and familiarity with the local construction and economic environment
  • support commercial surety and small contract lines with a hands-on knowledge of related tools, procedures and objectives
  • develop growth and profitability plans, including cross-selling strategies, for all surety lines
  • communicate and interact with associates, agencies and customers effectively
  • give polished surety presentations to agents and bond principals
  • travel to meet with agents, account executives and bond principals in your assigned territory
Be equipped with:
  • 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)
  • the ability to:
    • evaluate and interpret bonds, contracts, credit reports and loan agreements
    • adapt to change
    • manage multiple, competing tasks
    • work independently and with others
    • set and adhere to goals
    • work as needed to get the job done
    • deliver superior service
Bring education and experience from:
  • 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
Enhance your talents
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.
Enjoy benefits and amenities
Your commitment to providing strong service, sharing best practices, and creating solutions that impact lives is appreciated. To increase the well-being and satisfaction of our associates, we offer a variety of benefits and amenities. Learn more about our benefits and amenities packages.
Embrace a diverse team
As a relationship-based organization, we welcome and value a diverse workforce. We grant equal employment opportunity to all qualified persons without regard to race; creed; color; sex, including sexual orientation, gender identity and transgender status; religion; national origin; age; disability; military service; veteran status; pregnancy; AIDS/HIV or genetic information; or any other basis prohibited by law. All job applicants have rights under Federal Employment Laws. Please review this information to learn more about those rights.

Job Summary

JOB TYPE

Full Time

SALARY

$88k-116k (estimate)

POST DATE

08/04/2024

EXPIRATION DATE

08/17/2024

WEBSITE

cinfin.com

HEADQUARTERS

FAIRFIELD, OH

SIZE

3,000 - 7,500

FOUNDED

1950

TYPE

Public

CEO

JANET BUSH

REVENUE

$5B - $10B

INDUSTRY

Ambulatory Healthcare Services

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About The Cincinnati Insurance Companies

Cincinnati Financial is an Ohio-based brokerage company that provides products and services including life, home, and auto insurance to individuals and businesses.

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