Midwest Commercial Surety Underwriter – Growth & Relationships

The Hanover Insurance Group; Michigan; Hybrid; USD 90,000 - 120,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

401K with match

Tuition Reimbursement

Paid Time Off

Holidays

Flexible work arrangements

Job summary

The Hanover Insurance Group is seeking an experienced Underwriting Specialist in the Central Region to manage a commercial surety portfolio with strong technical underwriting, agency relationships, and business development skills. This role offers hybrid or fully remote options within the Midwest states and requires travel to support agency relationships and growth.

Ideal candidates will have a Bachelor's degree (AFSB preferred) and 2–5+ years of Commercial Surety underwriting with 2–4+ years of

Qualifications

• Bachelor’s degree or equivalent professional experience.
• AFSB designation preferred.
• 2-5+ years of Commercial Surety underwriting experience.
• 2-4+ years of agency relationship management and business development experience.
• Strong understanding of commercial surety underwriting principles, financial analysis, pricing, and portfolio management.
• Excellent written and verbal communication skills.

Responsibilities

• Independently manage and grow an assigned book of commercial surety business with moderate to high technical complexity.
• Identify, solicit, underwrite, and retain profitable new and renewal surety accounts aligned with underwriting appetite and portfolio objectives.
• Develop and maintain strong agency, broker, and client relationships to support business growth and retention.
• Analyze financial statements, operational exposures, bond obligations, and risk mitigation factors to make sound underwriting decisions.
• Coordinate with internal and external stakeholders to evaluate complex submissions and obtain appropriate approvals.
• Apply underwriting principles related to risk selection, exposure analysis, bond form review, loss analysis, and pricing.
• Clearly communicate underwriting decisions, terms, and recommendations to agents and brokers.
• Manage portfolio performance against premium, profitability, retention, product mix, and new business objectives.
• Utilize marketplace and competitor intelligence to enhance decision-making and strengthen producer relationships.
• Proactively market Hanover’s surety capabilities and identify opportunities for cross-selling across business units.
• Stay current on industry trends, market conditions, and regulatory developments affecting the territory.

Skills

Surety Underwriting

Financial Analysis

Pricing & Portfolio

Agency Relationships

Communication Skills

Negotiation

Education

Bachelor’s degree

AFSB designation

Job description

The Hanover Insurance Group is seeking an experienced Underwriting Specialist in the Central Region to manage a commercial surety portfolio with strong technical underwriting, agency relationships, and business development skills. This role offers hybrid or fully remote options within the Midwest states and requires travel to support agency relationships and growth.

Ideal candidates will have a Bachelor's degree (AFSB preferred) and 2–5+ years of Commercial Surety underwriting with 2–4+ years of