Surety Underwriting Manager

Jobtailor; Birmingham (AL); On-site; USD 90,000 - 130,000; Full time

Job summary

Jobtailor in Birmingham, AL is seeking an experienced Surety Underwriter to manage contract and commercial bonding; analyze financial data and assess risk for new, existing, and renewal business. The role emphasizes strong agency relationships and precise documentation in a fast-paced environment.

The candidate will rate bonds, price risk, and oversee bond renewals while guiding assistants and coordinating with Branch and Home Office teams.

Qualifications

• Bachelor’s degree in risk management, finance, mathematics, business or related field.
• Analytical and strong numeric skills with 5+ years in the Surety industry.

Responsibilities

• Handle routine underwriting responsibilities for contract and commercial surety.
• Analyze financial and account data for new, existing, and renewal business.
• Request and gather financial information on assigned accounts.
• Prepare bond renewals and determine whether bonds should be canceled.
• Maintain agency relationships and provide service and support.
• Underwrite low-value bonds and renewals as authorized.
• Direct Bond Underwriting Assistants in bond processing.
• Provide recommendations to Branch and Home Office reports on assigned accounts and agents.
• Rate and review bonds for premium and classification accuracy.
• Ensure files are accurate, complete, and properly documented.
• Serve as the primary service contact and visit assigned agents.
• Communicate account knowledge to Branch and Home Office personnel.
• Prioritize workflow and meet deadlines.
• Interface with regional underwriters, home office personnel, agents, and principals.

Skills

Underwriting

Financial Analysis

Loss Development Concepts

Risk Pricing

Bond Processing

Education

Bachelor’s degree in Risk Management, Finance, Mathematics, Business, or related

11 years of relevant finance experience

Job description

• Handle routine underwriting responsibilities for contract and commercial surety
• Analyze financial and account data for new, existing, and renewal business
• Request and gather financial information on assigned accounts
• Prepare bond renewals and determine whether bonds should be canceled
• Maintain agency relationships and provide service and support
• Underwrite low-value bonds and renewals as authorized
• Direct Bond Underwriting Assistants in bond processing
• Provide recommendations to Branch and Home Office reports on assigned accounts and agents
• Rate and review bonds for premium and classification accuracy
• Ensure files are accurate, complete, and properly documented
• Serve as the primary service contact and visit assigned agents
• Communicate account knowledge to Branch and Home Office personnel
• Prioritize workflow and meet deadlines
• Interface with regional underwriters, home office personnel, agents, and principals

Requirements

• Bachelor’s degree in Risk Management, Finance, Mathematics, Business, or related, with at least 7 years’ experience in surety or equivalent
• Equivalent qualification defined as 11 years of relevant finance experience
• Thorough knowledge of the Surety industry
• Analytical skillset, including a minimum of 5 years working in the Surety industry
• Ability to apply loss development and advanced loss analysis concepts to price risks
• Ability to utilize coverage features, deductibles, or reinsurance on individual risks
• Must be authorized to work in the United States
• Must not require visa sponsorship now or in the future
• AFSB industry designations preferred
• Experience with contract and commercial surety preferred

Core Competencies

Demonstrates extensive expertise in underwriting for contract and commercial surety, with strong analytical skills to assess financial data and apply advanced loss analysis concepts. Maintains agency relationships and ensures accurate documentation and compliance within the Surety industry.

Highest-signal resume keywords

• Underwriting Experience
• Surety Industry Knowledge
• Analytical Skills
• Financial Data Analysis
• AFSB Designation

ATS Optimization Keywords

Hard Skills

• Underwriting
• Financial Analysis
• Loss Development Concepts
• Risk Pricing
• Bond Processing

Soft Skills

• Communication
• Relationship Management
• Workflow Prioritization
• Deadline Management

Certifications & Qualifications

• AFSB Designation

Industry Keywords

• Surety
• Contract Surety
• Commercial Surety
• Risk Management
• Finance