Contract Surety Bonds Underwriting Manager - Orange, CA

Summit Consulting; Orange (CA); On-site; USD 175,000 - 220,000; Full time

Benefits offered by this job

Medical, dental, vision

PTO

Paid holidays

Commuter benefits

Employee stock purchase plan

Education reimbursement

Parental leave/adoption assistance

401(k) with company match

Job summary

Great American Insurance Group is hiring a Contract Surety Underwriting Manager for our Orange, CA office. The role involves in-office work with travel within the territory, focusing on risk selection, pricing, and profitability under bonding guidelines.

Requires a Bachelor’s degree in Finance or related field and 7+ years of underwriting experience. Certifications such as AFSB, CPA, or RPLU are preferred. Competitive benefits offered.

Qualifications

• Bachelor’s degree in Finance, Accounting or related discipline.
• 7+ years of related underwriting experience.
• Progress toward certifications (AFSB, CPA, RPLU) preferred; relevant licenses encouraged.

Responsibilities

• Less complex risk selection, pricing, and profitability within authority.
• Support business goals with independent judgment and customer focus.
• Maintain accurate submissions and determine terms (limits, deductibles, coverage).
• Develop and maintain relationships with producers and clients to grow profitable business.
• Communicate underwriting decisions clearly and comply with guidelines.

Skills

Underwriting

Leadership/Coaching

Risk Assessment

Financial Analysis

Customer Service

Education

Bachelor's Degree

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 and fidelity bonds for over 90 years. Great American is known for expert underwriting, solid financial strength, market leadership and creative solutions to all bonding needs. With a highly diverse product line, Great American is one of the top surety companies in the United States.

Bonds - Great American Insurance Group Our Bonds Division is hiring for a Contract Surety Underwriting Manager to be located in our Orange, CA office. This position is a flexible work schedule which involves in-office work and traveling within the assigned territory.

Essential Job Functions and Responsibilities

• Has responsibility for low to moderately complex risk selection/rejection, pricing, retention, growth, and profitability within scope of authority and per divisional objectives.
• Uses independent judgment and initiative to support business goals.
• Maintains a high level of customer service.
• Receives and analyzes submissions and determines terms to offer (policy limits, credit limits, deductibles, coverage options and conditions, work programs, etc.).
• Prices business in accordance with company guidelines.
• May conduct investigations of new and existing accounts through business owners (banks, owners, creditors, debtors, architects, engineers, criminal record checks, on-site visits, etc.).
• Assesses risk quality and compliance within company guidelines.
• Orders and analyzes miscellaneous business reports needed in the rating and underwriting processes, including credit checks, bank agreements, financial statements, and underwriting surveys.
• Makes recommendations on risks over authority.
• Enters, maintains and monitors accounts using underwriting, analysis, and desktop systems.
• Prepares effective internal and external communications on underwriting issues.
• Develops and maintains effective business relationships with internal and external customers/coworkers in order to attract and retain profitable business.
• Visits producers and principals in order to retain existing accounts, build and maintain business relationships, and develop new opportunities in support of divisional objectives.
• Interprets, explains, and markets products and services.
• Visits producers/insureds in order to retain existing accounts, survey exposures, build and maintain business relationships, and develop new opportunities in support of divisional objectives.
• Applies underwriting rules and guidelines, rating manual rules, and insurance laws and regulations.
• May provide guidance and assistance to lower level associates.
• May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports.
• Performs other duties as assigned.

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: $175,000.00 -$220,000.00

Benefits

• 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
• a 401(k) plan with company match

These benefits are available to eligible full-time and part-time employees.

Your recruiter can provide more details about our total rewards and specific compensation ranges during the hiring process.

Why can you trust Great American Insurance Group?

For nearly 150 years, Americans have trusted us to protect them. Our innovative insurance solutions and specialization serves niche marketplaces that we know well. This expertise gives us a successful foundation that spans generations.

You never know where a career in insurance will take you. Whether you are starting your career or are looking for a company to grow your experience, at Great American Insurance Group, you can join our more than 8,500 employees to “Be Here. Be GREAT!”

To learn more, visit our Career Page