Contract Surety - Senior Underwriting Specialist Surety (Hybrid/Remote)

The Hanover Insurance Group; Birmingham (AL); Hybrid; USD 95,000 - 135,000; Full time

Job summary

The Hanover Insurance Group is seeking a Contract Surety Senior Underwriting Specialist for the South Region, with hybrid or remote options and located in Alabama. You will manage an existing portfolio and develop new business through brokers and agencies, applying deep underwriting expertise to profitably grow the book of business.

This role requires 5–10 years in Contract Surety underwriting, strong analytical skills, and the ability to collaborate with agents, brokers, and clients across the

Qualifications

• Requires 5–10 years in Contract Surety underwriting.
• Strong financial and risk analysis capabilities.
• Proven ability to manage agency and broker relationships.

Responsibilities

• Identify, solicit, and underwrite new Contract Surety accounts to drive growth.
• Manage agency meetings and workflow with key partners.
• Apply Hanover’s Surety strategies using data to assess risks.
• Coordinate with internal/external resources on moderately complex risks.

Skills

Contract Surety underwriting

Communication skills

Agency relationships

Education

Bachelor’s Degree or equivalent

AFSB Designation

Job description

For more than 170 years, The Hanover has been committed to delivering on our promises and being there when it matters the most. We live our values every day, demonstrating we CARE through our values, Sustainability initiatives and inclusive corporate culture.

Our Surety department is seeking an experienced Contract Surety Senior Underwriting Specialist to join our growing team in the South Region.

This role is ideal for a proven surety professional with required Contract Surety underwriting experience, strong financial and risk analysis capabilities, and a demonstrated ability to build, strengthen, and manage agency and broker relationships. Leveraging deep underwriting expertise and market knowledge, you will drive profitable growth, manage complex surety accounts, and serve as a trusted advisor to agents, brokers, and clients across the territory.

At The Hanover, our CARE values of Collaboration, Accountability, Respect, and Empowerment guide how we work, lead, and serve our customers.

We are reimagining the workplace and offer flexible work arrangements. This position may be hybrid or fully remote but must be located in Tennessee, Mississippi, Alabama, or Georgia, with the ability for regular business travel throughout the assigned territory.

The Hanover is committed to fostering a diverse and inclusive workplace where all employees can thrive.

This is a full-time/exempt role.

POSITION OVERVIEW

The Hanover offers an inclusive and collaborative environment where you’ll gain new experiences and grow your career. We offer comprehensive benefits to help you stay healthy, build financial security, and balance your work and home life. At The Hanover, you’ll enjoy what you do and have the support you need to succeed.

Contract Surety, Senior Underwriting Specialist will operate with limited supervision in both underwriting and marketing capacities. Work within one’s general expertise and authority levels to manage an existing portfolio of accounts and partner with key agencies to develop new business opportunities. Manage assigned book of business, generally with moderate to high technical complexity and scope. Contribute to region and business unit goals.

IN THIS ROLE YOU WILL

• Responsible for efficiently identifying, soliciting, and underwriting new Contract Surety accounts that drive profitable growth and managing relationships with key partners in the agency plant.
• Proficiently manage agency, broker and account meetings and general workflow.
• Demonstrates a thorough understanding of Hanover’s Surety strategies and appetite and will use internal and external data to make appropriate individual and portfolio risk decisions.
• Efficiently coordinate with internal and external resources on moderately complex risks.

WHAT YOU NEED TO APPLY

• Bachelor’s Degree or equivalent work experience.
• AFSB Designation Preferred.
• Generally, 5-10 years Contract Surety underwriting experience.
• 5+ years’ experience driving agency relationships resulting in profitable new business as well as complex accounts.
• Command of fundamental underwriting concepts, practices, and procedures.
• Very strong communication skills including the ability to communicate difficult or technical decisions or comments with confidence and precision.
• Demonstrates ability to adapt quickly to change, identify, analyze, and solve problems and willingness to being open to new and different ways of thinking.

CAREER DEVELOPMENT

It’s not just a job, it’s a career, and we are here to support you every step of the way. We want you to be successful and fulfilled. Through on-the-job experiences, personalized coaching and our robust learning and development programs, we encourage you – at every level – to grow and develop.

BENEFITS

We offer comprehensive benefits to help you be healthy, build financial security, and balance work and home life. At The Hanover, you’ll enjoy what you do and have the support you need to succeed.

Benefits include:

• Medical, dental, vision, life, and disability insurance
• 401K with a company match
• Tuition reimbursement
• PTO
• Company paid holidays
• Flexible work arrangements
• Cultural Awareness Day in support of IDE
• On-site medical/wellness center (Worcester only)

EEO statement

The Hanover values diversity in the workplace and among our customers. The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry or any other status protected by law.

Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law.

As an equal opportunity employer, Hanover does not discriminate against qualified individuals with disabilities. Individuals with disabilities who wish to request a reasonable accommodation to participate in the job application or interview process, or to perform essential job functions, should contact us at:[e-mail] and include the link of the job posting in which you are interested.

Compensation

The target hiring range for this role may vary based on geographic location and other factors, including merit or performance, demonstrated proficiency, skills for the role, education, travel requirements, and experience. Additional compensation may include an annual bonus (which could take the form of a general bonus, sales incentive, or short-term incentive), long-term incentive or spot recognition awards. The posted range reflects our ability to hire at different position titles and levels depending on background and experience.