Surety Producer/Broker

Company: USG Insurance Services, Inc.
Location: Arlington
Posted on: January 16, 2022

Job Description:

USG is a national wholesale brokerage for hard to place commercial coverages. We are seeking a Surety Product Lead to establish USG in the surety community on a national platform. This position requires strong relationship building skills to work with our targeted markets and retail insurance agents to develop a book of business as well as to develop the national division for USG. Only those with proven performance in this career path should apply.

Candidates must have at least 5 years' prior experience in surety.

Office Location: Arlington, TX

Office Hours: 8:30 AM - 5:00 PM with additional hours as needed by project basis.

Compensation: Base pay level depends on experience. Commission/bonuses are awarded based on individual performance via sales results.

Required Qualifications:
5 years' minimum experience as a Surety Producer/Broker with proven performance history.
Strong knowledge and experience of surety/bonds including: bond types, rating, terminology and technical procedures.
History of business development and submissions from direct production responsibilities.
Must be sales driven, "people person" who likes to establish new relationships while learning communication strategies and sales methods.
Experienced in Word, Power Point, Excel, Outlook and Adobe Reader. Ability to quickly learn new programs and applications.
Skilled in business writing and problem/situation analysis.
Energetic, self-motivated individual. Must be goal oriented and able to build and motivate a thriving team.
Strong desire to learn and develop new skills.
P&C license / E&S licenses are required.
A four-year college degree is preferred.

Responsibilities:
Develop relationships with carrier partners and bring in new carrier contracts.
Maintain profitable relationships with existing carrier partners.
Work with retail insurance agents, to develop and submit business to target markets for placement.
Assess new business submissions and negotiate terms, by selecting the markets that can provide the most coverage at the best price.
Follow submissions through the process, to assure quotes are provided in a timely manner and negotiate with all parties involved to reach an acceptable price.
Solicit new business through various sales and marketing techniques and begin establishing relationships within a territory utilizing agency visits, telemarketing calls and cross selling.
Coordinate and handle administrative workflows in conjunction with support team(s) to establish accurate and prompt response to service issues.
Recruit Surety producers to assist in growing the division
Attend company approved seminars and other educational activities required to stay current on latest developments, trends, and regulations in the marketplace.
Provide technical and administrative assistance required to support the attainment of stated office-wide objectives in conjunction with service standards.

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Keywords: USG Insurance Services, Inc., Arlington , Surety Producer/Broker, Sales , Arlington, Texas