Commercial Surety Regional Manager

Core Specialty Insurance Holdings, Inc.; Dallas (TX); On-site; USD 80,000 - 120,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

Short and long-term disability

401(k) plan with company match

Employee Assistance Plan

Health Savings Account

Flexible Spending Account

Health Reimbursement Account

Wellness program

Job summary

Core Specialty Insurance Holdings, Inc. is seeking a Senior Commercial Surety Underwriter responsible for managing commercial surety risks and ensuring profitable growth. You will underwrite accounts, assess financial strength, and develop strategic relationships within the market.

The ideal candidate has strong underwriting expertise and 3+ years of experience in the surety industry. The position offers a competitive salary and various benefits, including medical and 401(k) matching.

Qualifications

• Proven experience (typically 3+ years) in underwriting roles within the surety industry.
• Strong surety bond product knowledge and ability to work with surety account management systems.

Responsibilities

• Underwrite new and renewal commercial surety accounts within delegated authority.
• Evaluate financial strength, liquidity, leverage, and cash flow adequacy of applicants.
• Develop and manage a book of business, meeting profitability objectives.
• Build and maintain strong relationships with key business partners.

Skills

Strong technical underwriting expertise

Analytical and decision-making skills

Effective communication skills

Proficiency in underwriting software

Quantitative analysis skills

Education

Bachelor’s degree in Business, Accounting, Finance, or related field

Advanced degree or professional certifications (e.g. AFSB, CPCU)

Tools

Microsoft Office Suite

Adobe

Job description

The Senior Commercial Surety Underwriter is responsible for the evaluation, structuring, and management of commercial surety risk, ensuring profitable growth of a disciplined underwriting portfolio. This role acts as a credit decision-maker and relationship manager, balancing risk selection, financial analysis, and business development to support long-term portfolio profitability and market positioning.

• The position combines credit underwriting, contract/legal review, and relationship management
• Serves as a market-facing representative responsible for developing broker and client relationships while expanding commercial surety production
• Functions as a senior technical resource within underwriting, providing guidance and leadership on complex risks and program strategies

Key Accountabilities/Deliverables

• Underwrite new and renewal commercial surety accounts within delegated authority
• Evaluate financial strength, liquidity, leverage, and cash flow adequacy of applicants
• Assess risk of default by determining the principal’s capacity to meet contractual obligations
• Demonstrate strong surety bond product knowledge and ability to work with surety account management systems to document for complex commercial surety accounts.
• Responsible for developing and managing a book of business, meeting/exceeding profitability objectives as set forth by leadership. This includes building and growing strategic relationships as well as identifying new opportunities for business within the region
• Entrepreneurial skills with the ability to develop and execute a strategic business plan to expand the surety portfolio
• Ensure adherence to underwriting guidelines, regulatory guidelines, and company policies
• Build and maintain strong relationships with key business partners to support business growth and retention
• Collaborate with agents, brokers, and internal stakeholders to address underwriting inquiries and resolve issues
• Must be able to travel up to 40%

Technical Knowledge and Understanding

• Strong technical underwriting expertise, including knowledge of surety principles, financial risk assessment, and bond forms.
• Excellent analytical and decision-making skills, with the ability to assess complex risks and provide solutions
• Effective communication and interpersonal skills for building relationships and managing stakeholder expectations
• Proficiency in underwriting software systems, Microsoft Office Suite, and Adobe.
• Quantitative analysis skills
• Ability to present and negotiate complex agreements with brokers
• Effective time management and organizational skills
• Ability to work independently and perform quality work within deadlines

Experience

• Bachelor’s degree in Business, Accounting, Finance, or related field is required
• Advanced degree or professional certifications (e.g. AFSB, CPCU, etc.) is preferred
• Proven experience (typically 3+ years) in underwriting roles within the surety industry

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over work authorization sponsorship now or in the future for this position.

At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program.