What are the responsibilities and job description for the Bond and Surety Manager position at KORE Insurance Holdings?
Job Description
Overview:
KORE is an independent insurance partner that delivers an experience unlike any other: Unconstrained in our tailored approach and adjective advice, unrivaled in our white-gloved service, and unlimited in our delivery of complete solutions to unlock possibilities.
Our team of proven and handpicked professionals works with you to understand your needs and to deliver complete coverage from the most- respected carriers in the world. As an independent firm, we do not push proprietary products. Our brokerage and advisory services extend across risk management, business and operational risks, transactional risks, and claims and litigation.
KORE was established in 2013 with our roots, principles and service commitment dating back to 1972 with our predecessor companies. We are a story of achievement through continuous adaptation and evolution – relentlessly focused on helping clients navigate changing markets and evolve their insurance coverage, while simultaneously evolving our business to stay at the forefront of the industry. As a result, we have emerged as a trusted leader known for going above and beyond to help clients succeed across every aspect of their business and personal life.
Job Type: Full Time
On-site 4 days a week, 1 day WFH / Remote
Position Overview
Produce and services clients, in accordance with Agency guidelines, provide a high level of service and insurance advice to all clients. Develop, build, and maintain a strong business relationship with both clients and carriers. Demonstrate integrity in all dealings with clients, carriers, and internal staff. Achieves agency objectives for account development, retention, and placement of business. Develop and expand existing book of business to grow Surety department. Cross market and sell all agency insurance services.
Primary Responsibilities
Produce and manage new business write up, client contact and marketplace submission.
Analyze surety financial ratios (ability to recommend/suggest surety parameters)
Obtain bond approvals from company underwriters in accordance with exceeding the client’s surety bond program.
Attend client/surety meetings to establish or renew surety program based on analyzed surety financial ratios/results.
Attend surety company and/or association events
Assist with bond claims.
Process and issue various surety bond requests (bid, performance & payment, various commercial bonds) for current and new customers per the agency’s surety procedures
Transact various surety bond renewals and new business item in the agency’s operating system (EPIC)
The position includes all other job functions and responsibilities that may be necessary to fulfill the duties associated with the position or as otherwise may be assigned.
Qualifications
Education and/or Experience:
College degree preferred, Five years related experience and/or training; or equivalent combination of education and experience. Insurance License required.
Qualifications & Requirements:
Knowledge of Applied Preferred Database software; Excel Spreadsheet software and Word processing software.
Certificates, Licenses, Registrations: Active P&C License
Sales Experience Preferred
Benefits:
Incentive for New Business Accounts
Health, Dental, Vision and Life Insurance Benefits
401(k) Plan
20 Days of PTO
9 Holidays
Hybrid Work Schedule after 90-day probation period
Kore Insurance Holdings, LLC is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.
This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. Kore makes hiring decisions based solely on qualifications, merit, and business needs at the time.
Overview:
KORE is an independent insurance partner that delivers an experience unlike any other: Unconstrained in our tailored approach and adjective advice, unrivaled in our white-gloved service, and unlimited in our delivery of complete solutions to unlock possibilities.
Our team of proven and handpicked professionals works with you to understand your needs and to deliver complete coverage from the most- respected carriers in the world. As an independent firm, we do not push proprietary products. Our brokerage and advisory services extend across risk management, business and operational risks, transactional risks, and claims and litigation.
KORE was established in 2013 with our roots, principles and service commitment dating back to 1972 with our predecessor companies. We are a story of achievement through continuous adaptation and evolution – relentlessly focused on helping clients navigate changing markets and evolve their insurance coverage, while simultaneously evolving our business to stay at the forefront of the industry. As a result, we have emerged as a trusted leader known for going above and beyond to help clients succeed across every aspect of their business and personal life.
Job Type: Full Time
On-site 4 days a week, 1 day WFH / Remote
Position Overview
Produce and services clients, in accordance with Agency guidelines, provide a high level of service and insurance advice to all clients. Develop, build, and maintain a strong business relationship with both clients and carriers. Demonstrate integrity in all dealings with clients, carriers, and internal staff. Achieves agency objectives for account development, retention, and placement of business. Develop and expand existing book of business to grow Surety department. Cross market and sell all agency insurance services.
Primary Responsibilities
Produce and manage new business write up, client contact and marketplace submission.
Analyze surety financial ratios (ability to recommend/suggest surety parameters)
Obtain bond approvals from company underwriters in accordance with exceeding the client’s surety bond program.
Attend client/surety meetings to establish or renew surety program based on analyzed surety financial ratios/results.
Attend surety company and/or association events
Assist with bond claims.
Process and issue various surety bond requests (bid, performance & payment, various commercial bonds) for current and new customers per the agency’s surety procedures
Transact various surety bond renewals and new business item in the agency’s operating system (EPIC)
The position includes all other job functions and responsibilities that may be necessary to fulfill the duties associated with the position or as otherwise may be assigned.
Qualifications
Education and/or Experience:
College degree preferred, Five years related experience and/or training; or equivalent combination of education and experience. Insurance License required.
Qualifications & Requirements:
- Experience in a similar position at a retail brokerage or agency required.
- Applied Epic experience highly preferred
Knowledge of Applied Preferred Database software; Excel Spreadsheet software and Word processing software.
Certificates, Licenses, Registrations: Active P&C License
Sales Experience Preferred
Benefits:
Incentive for New Business Accounts
Health, Dental, Vision and Life Insurance Benefits
401(k) Plan
20 Days of PTO
9 Holidays
Hybrid Work Schedule after 90-day probation period
Kore Insurance Holdings, LLC is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.
This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. Kore makes hiring decisions based solely on qualifications, merit, and business needs at the time.
