Surety Insurance Producer ; Orlando, FL - Criterion Executive Search
Orlando, FL
About the Job
Our client is a well-established insurance agency seeking a highly motivated and experienced Contract Surety Producer to join a dynamic team and play a key role in expanding the surety portfolio. There is a book of business with approximately 200K in revenue to take over and help you get started. As a Contract Surety Producer, you will be responsible for driving the growth of our contract surety business by identifying, prospecting, and securing new clients with some warm leads. You will collaborate closely with underwriters, clients, and internal teams to ensure seamless delivery of contract surety solutions and superior client satisfaction.
**Responsibilities:**
**Qualifications:**
**Benefits:**
**Responsibilities:**
- Identify and target potential clients in need of bid bonds, payment bonds and performance bonds within the construction and related industries.
- Develop and execute a strategic sales plan to drive new business acquisition and meet or exceed sales targets.
- Cultivate and maintain strong relationships with clients, contractors, subcontractors, and other industry stakeholders.
- Assess clients' bonding requirements and provide tailored contract surety solutions that align with their needs and project specifications.
- Collaborate with underwriters to submit accurate and complete bond applications, ensuring timely and efficient processing.
- Negotiate terms and conditions of bond placements, effectively advocating for clients' best interests while managing risk.
- Stay up-to-date with industry trends, market developments, and regulatory changes related to contract surety.
- Attend industry events, trade shows, and networking opportunities to promote the agency's contract surety services.
- Provide exceptional client service throughout the bonding process, addressing inquiries and resolving issues promptly.
- Prepare and deliver presentations to clients, explaining the benefits and details of various contract surety products.
- Maintain accurate and organized documentation of client interactions, bond placements, and relevant communications.
**Qualifications:**
- Bachelor's degree in Business, Finance, or related field preferred.
- 3-5+ years of experience in contract surety bond sales or related roles.
- Proven track record of successful sales achievements and business development within the contract surety space.
- Strong knowledge of contract surety products, underwriting guidelines, and industry best practices.
- Excellent communication, negotiation, and relationship-building skills.
- Proficiency in using agency management systems and Microsoft Office suite.
- Active insurance producer license
- Self-motivated, results-oriented, and able to work independently.
- Willingness to travel for client meetings, industry events, and networking opportunities.
**Benefits:**
- We offer a competitive compensation package which includes a base for the first year, plus commission, flexible hybrid work schedule, comprehensive benefits, and opportunities for professional growth.
Source : Criterion Executive Search