AVP, Bond SBU Underwriting (Hybrid)

About Us

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

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 2025 and certification as a Great Place to Work in 2025 for the sixth consecutive year.

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. Overview

Partners with VP, Bond SBU, establishes underwriting guidelines and philosophy for all lines of bond business. Monitors all business written and underwrites bonds/accounts that exceed field authority. Works in conjunction with the Field Operations Manager to assist in the production and retention of profitable business. Works with reinsurers on special acceptance requests and on the annual reinsurance review/renewal process. Conducts field audits. Educates/trains new bond employees, AMS, and producers. Works with bond management to develop better understanding of underwriting metrics for reducing risk. All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements.

Responsibilities

• Monitors bond production and ensures compliance with company's underwriting philosophy and procedures. Underwrites accounts that exceed field authority.
• Works with VP, Bond SBU to establish underwriting philosophy and guidelines. Evaluates losses and loss trends and adjust guidelines accordingly. Support and promote Bond team values.
• Assists in the production of new business and retaining profitable business. Operates methodically and logically under time pressure and agency/account pressure.
• Evaluates creditworthiness of accounts and identifies and communicates weaknesses. Uses this information to support final underwriting decisions.
• Recommends, organizes, and implements workflow and/or procedural changes affecting the Bond Strategic Business Unit (SBU). Responsible for overseeing of proper maintenance, production support and enhancements to automated systems in support of overall business objectives of the Bond SBU.
• Provides training and knowledge sharing opportunities to bond staff, AMS, and producers. Keeps abreast of market conditions affecting the bond industry, and adjusts training accordingly.
• Establishes annual criteria for branch audits. Conducts audits and reports audit findings to senior bond management. Responsible for completing Quality Assurance Audit and Reports on a quarterly basis.
• Works closely with reinsurers on special acceptance requests and during annual reinsurance review.
• Works with regional and territory bond managers to review and update business metrics.
• Must be able to drive an automobile to travel within territory. Car travel represents approximately 20% of employee's time and a valid driver's license.

Qualifications

Knowledge and Requirements

• Strong customer service skills. Demonstrate ability to develop exceptional relationships with P&C regional management. Demonstrate consistency when dealing with clients. Excellent sales and negotiation skills. Strong problem-solving ability and excellent presentation skills. Must have a valid state-issued driver's license in good standing and be able to drive an automobile.

Education and Experience

• College degree in accounting, finance, business administration, marketing or related field preferred.
• Minimum 8-10 years of bond underwriting and field experience.
• Strong computer skills including and MS Office applications.
• Strong analytical skills required. AFSB, AU, CPCU preferred.

Total Rewards

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 and reimbursement programs, and 20 days of paid time off. Additional details about our total rewards package can be found by visiting our benefits page.

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. Pay Range

USD $168,000.00 - USD $231,000.00 /Yr.
Additional Information

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.

For Massachusetts Applicants

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.