Regional Bond Manager (Remote)

At Selective, we don’t just insure uniquely, we employ uniqueness.

Our Business

Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years. Selective’s unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2024 and certification as a Great Place to Work® in 2024 for the fifth consecutive year.

Working at Selective

At Selective, we don’t just insure uniquely – we employ uniqueness. Employees are empowered and encouraged to Be Uniquely You by being their true, unique selves and contributing their diverse talents, experiences, and perspectives to our shared success. Together, we are a high-performing team working to serve our customers responsibly by helping to mitigate loss, keep them safe, and restore their lives and businesses after an insured loss occurs.

Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance reimbursement and programs, and paid time off plans. Additional details about our total rewards package will be provided during the recruiting process.

Responsible for the supervision of bond production, underwriting activities and management functions. Oversees the acceptance, declination and rating of risks. Responsible for meeting profitability goals within assigned region. Works in conjunction with the Small Business Team to ensure the proper underwriting of new and renewal surety and fidelity business. Establishes and develops agency relationships for new marketing opportunities in all bond product lines. Reviews and determines appropriate underwriting business decisions within assigned region. All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements.

• Markets to agency force, establishing and developing solid agency relationships. Conducts underwriting meetings.
• Mediates issues between agents, insured’s, and other departments. Provides exceptional customer service.
• Evaluates new business and renewal submissions from underwriting staff to determine appropriateness.
• Underwrites accounts that exceed field authority.
• Prepares and submits concise, fully-developed underwriting recommendations, as required, for submission to management.
• Supervises, coordinates, and monitors activities of staff to ensure accurate, quality work, while maintaining high
  
  production standards.
• Monitors and ensures the achievement of the region’s profitability and production goals and keeps abreast of current
  
  market conditions that affect business levels.
• Uses bond system automation and enhancements to improve efficiencies within assigned region.
• Supervises the training and cross-training process of subordinate staff. Ensures that agency force is adequately trained
  
  and supported on the use of company systems.
• Educates and assists AMS staff with bond production to produce cross-sell opportunities and new leverage points with
  
  agency plant. Communicates with regional management and other underwriting business units about marketing
  
  activities, successes and issues.
• Work with SBU to help determine Strategic and tactical goals and initiatives to drive profitable growth. This includes
  
  setting goals for agents in conjunction with SBU with input from Insurance Ops Management in region.
• Must be able to drive an automobile to travel within territory.
• Car travel represents approximately 40% of employee’s time and a valid driver’s license.

Requirements and Qualifications:

• Broad knowledge of surety & fidelity underwriting environment.
• Demonstrated ability to effectively communicate with internal and external customers/peers.
• Proficient with Microsoft Word, Excel, and Outlook.
• Must have valid state-issued driver’s license in good standing and be able to drive an automobile.
• College degree in financial-related area such as accounting, finance, business administration, or marketing preferred.
• 8+ years of bond underwriting or similar experience in another surety company.
• AFSB, AU, CPCU preferred.

The expected starting salary range for this role is $132,000 – $209,000. The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective’s footprint. Additional considerations include relevant education, qualifications, experience, skills, performance, and business needs.

Selective is an Equal Employment Opportunity employer. That means we respect and value every individual’s unique opinions, beliefs, abilities, and perspectives. We are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences – and empowers employees to contribute new ideas that support our continued and growing success. Building a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusion. We expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinions.

Selective maintains a drug-free workplace.

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