Contract Surety Bonds Underwriting Manager - Mid-Atlantic

Great American Insurance Group; Philadelphia (Philadelphia County); On-site; USD 160,000 - 225,000; Full time

Benefits offered by this job

Medical, dental, and vision plans

Paid time off

Commuter benefits

Employee stock purchase plan

Education reimbursement

Parental leave/adoption assistance

401(k) plan with company match

Job summary

Great American Insurance Group’s Bond Division seeks a Contract Surety Manager for the Mid-Atlantic Region, based in Baltimore or Philadelphia. The role involves in-office work and travel within the territory to oversee underwriting, risk selection, and profitability for the branch.

The candidate will analyze financials, review terms of credit, and coach a team while building strong internal and external partnerships. A bachelor’s degree and 7+ years’ experience are expected.

Qualifications

• Bachelor’s Degree or equivalent experience.
• Field of Study: Finance, Accounting or a related discipline
• 7+ years of related experience; progression toward certification such as AFSB, CPA or RPLU is preferred

Responsibilities

• Understand and analyze business reports needed in underwriting processes, including credit checks, bank agreements, and financial statements.
• Responsible for risk selection/rejection, pricing, retention, and profitability for the branch office.
• Assess risk quality in compliance with company guidelines.
• Review underwriting of others and make recommendations for extending surety credit including terms and conditions.
• Develop and maintain strategic relationships with internal and external stakeholders.
• Communicate effectively.
• Be highly organized to handle a variety of responsibilities.
• Deliver exceptional customer service.
• Make timely, informed decisions.
• Operate with integrity and honesty.
• Hold self and team accountable for achieving objectives.
• Use independent judgment and initiative to support business goals.
• Coach and develop team.

Education

Bachelor’s Degree or equivalent experience

Finance, Accounting or related discipline

Job description

Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group’s member companies are subsidiaries of American Financial Group. We combine a “small company” culture where your ideas will be heard with “big company” expertise to help you succeed. With over 30 specialty and property and casualty operations, there are always opportunities here to learn and grow.

At Great American, we value and recognize the benefits derived when people with different backgrounds and experiences work together to achieve business results. Our goal is to create a workplace where all employees feel included, empowered, and enabled to perform at their best.

Great American’s Bond Division has been underwriting surety bonds since 1926. Great American is known for expert underwriting, solid financial strength, market leadership, and creative solutions. Great American is one of the top surety companies in the United States.

Bonds - Great American Insurance Group

Our Bond Division is hiring a Contract Surety Manager for the Mid-Atlantic Region, which can be in Baltimore or Philadelphia. This position involves in-office work and traveling within the assigned territory.

Essential Job Functions and Responsibilities

• Understand and analyze business reports needed in the underwriting processes, including credit checks, bank agreements, and financial statements.
• Responsible for all risk selection/rejection, pricing, retention, growth, and profitability for their branch office.
• Assess risk quality in compliance with company guidelines.
• Review the underwriting of others and make recommendations for extending surety credit including the terms and conditions.
• Develop and maintain strategic relationshipswith internal and external stakeholders.
• Communicate effectively.
• Must be highly organized to handle a variety of responsibilities.
• Deliver exceptional customer service.
• Make timely, informed decisions.
• Operate with integrity and honesty.
• Hold self and team accountable for achieving established objectives.
• Use independent judgment and initiative to support business goals.
• Coach and develop team.

Job Requirements

• Education: Bachelor’s Degree or equivalent experience.
• Field of Study: Finance, Accounting or a related discipline
• Experience: Generally looking for 7+ years of related experience. Progression toward certification in area of expertise preferred; appropriate certifications could include Associate in Surety and Fidelity Bonding (AFSB), Certified Public Accountant (CPA) and/or Registered Professional Liability Underwriter (RPLU).

Business Unit:

Bond

Salary Range:

$160,000.00 -$225,000.00

Benefits:

Compensation varies by role, position level, and location. Individual pay is influenced by skills, education, training, certifications, experience, and the role’s scope and complexity, along with business needs.

We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one, PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave/adoption assistance, and a 401(k) plan with company match. These benefits are available to eligible full-time and part-time employees.