Position Overview:
Ascot Surety & Casualty Company is a US Treasury-listed surety carrier. Ascot benefits from a Financial Strength Rating of A issued by A.M. Best.
The Assistant Vice President, Commercial Surety will be responsible for supporting underwriting and marketing strategy in an assigned region. The successful candidate will be responsible for regional production targets, disciplined underwriting, and the development of productive distribution partner relationships
Responsibilities:
- Responsible for meaningful contribution to production, disciplined regional underwriting, and distribution strategy
- Within authority limit, approve, decline, and price of risks
- Assists with the development and execution of segment strategies to contribute to budgeted results
- Accountable for accurate underwriting information and adherence to documentation standards
- Develop and leverage productive distribution partner relationships
- Proactively mentor and assist in the development of junior team members
Requirements:
- Bachelor’s degree in Finance, Accounting, or equivalent
- A minimum of 8 years of experience underwriting, analyzing, and servicing complex commercial surety accounts
- Proven track record of establishing and developing distribution partner relationships
- Excellent communication and organizational skills
- Ability to work independently and efficiently
- Consistently embraces and promotes a culture of collaboration and the ability to effectively manage change
Demonstrates a strong work ethic, solid business judgment, and a passion for providing outstanding solutions to our business partners
- Commit to The Ascot Way: Embody The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.
***This position may be filled at a different level, depending on experience***
Compensation
Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonus and other forms of discretionary compensation awarded by the Company.
The annualized base pay range for this role is: $180,000 - $215,000
Company Benefits
The Company provides a competitive benefits package that includes the following (eligibility requirements apply):
Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more
Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)
Retirement Benefits: Contributory Savings Plan (401k)
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Skills Required
- Bachelor's degree in Finance, Accounting, or equivalent
- A minimum of 8 years of experience underwriting commercial surety accounts
- Proven track record of establishing distribution partner relationships
- Excellent communication and organizational skills
- Ability to work independently and efficiently
Ascot Group Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Ascot Group and has not been reviewed or approved by Ascot Group.
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Healthcare Strength — Health coverage in the U.S. is characterized as excellent, with indications that individual medical can be employer-paid in some cases. Company materials also highlight comprehensive medical, dental, vision, and wellness resources.
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Retirement Support — A 401(k) with company contributions or match is consistently highlighted, alongside options such as HSAs and FSAs. This points to structured support for longer-term financial security.
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Leave & Time Off Breadth — Generous PTO and paid holidays are emphasized, with additional leaves such as caregiver, adoption, and disability frequently included. Some locations note extras like birthdays off.
Ascot Group Insights
What We Do
Ascot Group is a global specialty insurance and reinsurance group with a record of underwriting excellence and superior claims service. Founded in 2001, Ascot provides a broad range of property and casualty products to customers worldwide through its Lloyd’s and Bermuda market platforms. In the United States, Ascot provides specialized insurance products to small and mid-sized businesses as well as offering underwriting services to high-quality carrier and syndicate partners.
