Job description: About Colonial Surety Company Founded in 1930 and rated "A" (Excellent) by AM Best, Colonial Surety Company is a leading national direct seller and writer of surety bonds, fidelity bonds, and business insurance products, licensed and admitted in all U.S. states and territories. We combine nearly a century of industry expertise with proprietary technology, including our I-Bond® and I-Insurance® platforms, to make obtaining bonds and insurance simple, direct, and instant for businesses and professionals nationwide. Through The Partnership Account®, we also equip partners — including insurance agents, attorneys, contractors, associations, and pension professionals — with powerful digital tools that streamline bonding and insurance placement. We are seeking an experienced insurance sales professional motivated by compensation and achieving corporate objectives. This role offers a genuine growth opportunity within the company, working across business and distribution channels with a focus on vertical initiatives, program business, existing client relationships, and target markets. Position Overview The Senior Insurance Development Executive will assume a growth-focused role within the organization, with responsibility for driving revenue, managing program initiatives, and supporting both existing and new business development efforts. This is an in office-based position in Woodcliff Lake, NJ, that requires travel to meet with clients, attend conventions, and participate in industry seminars. Our schedule is Monday through Friday from 8:30 AM to 5:30 PM. Our personnel policy requires all employees to maintain a professional appearance and adhere to the company's business attire and grooming standards, including our clean-shaven policy. Key Responsibilities • Manage corporate program initiatives across business and distribution teams • Execute vertical market strategies • Drive new business development in targeted markets, associations, MGAs, and large commercial insurance agencies • Collaborate with internal sales staff and marketing teams • Support and expand existing programs and initiatives • Attend client meetings, industry conventions, and seminars Qualifications • Minimum 10 years of experience working for a medium-sized insurance agency, MGAs, aggregator or program administration • Proven track record in commercial insurance sales to small and mid-sized businesses • Insurance Program Market knowledge • Strong product knowledge of: • Professional Liability • General Liability • Business Owner’s Policy (BOP) • EPLI • Cyber Liability • Directors & Officers (D&O) • Fiduciary Liability • Bachelor’s degree in Finance, Business, Marketing, or related field preferred • Strong computer skills including MS Office, Google Business Suite and CRM familiarity Personality Profile • Excellent interpersonal and collaborative skills • Entrepreneurial mindset • Strong communication skills • Self-starter with strong organizational, planning, and time management skills • Intuitive, common-sense decision-making abilities • Motivated by exceeding targets tied to compensation plans • Hunter mentality Compensation • Base Salary: $150,000 • Additional Bonus Structure A cover letter is required when applying for this position