Title:  MRSGNA Regional Product Manager, Surety Bonds

Munich Re Specialty Group North America (MRSG N.A.) is looking for enthusiastic individuals to join us as we grow. As part of Munich Re Group, we are a unique organization providing expertise in specialty and marine lines of insurance as well as surety risks and customs bonds with in-house claims solutions.

We are seeking a full time Regional Product Manager, Surety Bonds to join the Roanoke Insurance Group division as a hybrid employee in our Schaumburg, IL office reporting to the VP, Regional Product Management.

Job Profile

• Oversee the day to day operations of the Illinois and independent agents service teams, ensuring that staff is responsive to clients and that underwriting authority is exercised properly. Ensure that all bond-related processes are handled timely and correctly, i.e. billing, imaging, terminations and client service
• Service own book of business and national accounts, as required
• Handle direct sales for house accounts and call-ins as appropriate
• Work with producers to service existing accounts and bring in new business
• Ensure that all clients are familiar with and utilize FastBond to its maximum benefit
• Represent the Illinois and independent agents service teams at client industry functions
• Provide training, guidance and supervision as needed to the Schaumburg office staff
• Prepare employee evaluations and recommend salary adjustments
• Maintain ongoing relationships with clients, underwriters and claims staff
• Interact and coordinate activities with other department managers and senior leadership to maintain existing business and develop new business
• Coordinate client service during vacations and other time off
• Perform other duties as required and projects as assigned from time to time
• Maintain continuing educational courses as appropriate

Job Requirements

• College degree or equivalent work experience 
• 3-5 years Surety Bond or equivalent industry experience
• Illinois P&C License
• Excellent interpersonal skills
• Excellent decision making (judgment) skills
• Above average computer skills, including Microsoft office and other software programs relevant to our business including, but not limited to, FastBond™, BIPS, Clarity/RTS Claims, OnBase and Epic
• Good written and oral communications skills
• Detail-oriented
• Above average problem-solving and prioritizing skills
• Above average mathematical skills

MRSGNA is open to considering candidates in numerous locations, including Schaumburg, IL. The salary range posted below applies to the Company’s Schaumburg, IL location. The base salary range anticipated for this position is $85,000 to $115,000, plus opportunity for company bonus based upon a percentage of eligible pay. The salary estimate displayed represents the typical salary range for candidates hired in this position in Schaumburg, IL. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role. Most candidates will start in the bottom half of the range.

About Us

MRSG N.A. is the holding company for Roanoke Insurance Group (RIG) and Munich Re Specialty Group Insurance Services (SIS) located throughout 7 locations in the United States and Canada with over 250 employees.

SIS provides insurance to retail and wholesale insurance brokers in North America. Specialty lines include ocean and inland marine, cyber, tech E&O, terrorism, active assailant & political violence.

RIG operates as a specialty insurance broker focused on surety, insurance and related offerings for logistics service providers, customs brokers and companies with supply chains.

Benefits

We offer our employees a diverse work environment which champions professional development, innovation and passion; providing employees with a great benefits package. All of our benefits are effective the first day of employment including:

• Generous healthcare plans
• Voluntary dental & vision plans
• 401(k) plan
• Flexible spending plans
• Health Savings Accounts (HSA)
• Paid time off
• Paid holidays
• Tuition reimbursement
• Short/long term disability
• Paid Parental Leave
• Employee Assistance Program (EAP)
• Employee Wellbeing Program
• Community involvement
• Life insurance

At MRSG N.A., individuality is a key driver for our success and progress. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will motivate us to perform at our best and give us a competitive edge. We know there is always more work to be done, but we’re committed to building an inclusive culture where everyone is welcomed and valued for their authentic selves.

We offer equal opportunity employment regardless of age, sex, race, color, creed, national origin, religion, veteran status, sexual orientation, atypical hereditary traits, marital status, disability, gender identity or expression, or any other characteristic protected by law. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Hiring Manager: Stacy Domeier

Band/Level: M1