Senior Underwriter - Commercial Surety

Senior Commercial Surety Underwriter

The Senior Commercial Surety Underwriter is responsible for the evaluation, structuring, and management of commercial surety risk, ensuring the profitable growth of a disciplined underwriting portfolio.

This role acts as a credit decision-maker and relationship manager, balancing risk selection, financial analysis, and business development to support long-term portfolio profitability and market positioning.

The position combines credit underwriting, contract/legal review, and relationship management.

Serves as a market-facing representative responsible for developing broker and client relationships while expanding commercial surety production.

Functions as a senior technical resource within underwriting, providing guidance and leadership on complex risks and program strategies.

Key Accountabilities/Deliverables:

• Underwrite new and renewal commercial surety accounts within delegated authority
• Evaluate financial strength, liquidity, leverage, and cash flow adequacy of applicants
• Assess risk of default by determining the principal's capacity to meet contractual obligations
• Demonstrate strong surety bond product knowledge and ability to work with surety account management systems to document for complex commercial surety accounts.
• Responsible for developing and managing a book of business, meeting/exceeding profitability objectives as set forth by leadership. This includes building and growing strategic relationships as well as identifying new opportunities for business within the region
• Entrepreneurial skills with the ability to develop and execute a strategic business plan to expand the surety portfolio
• Ensure adherence to underwriting guidelines, regulatory guidelines, and company policies
• Build and maintain strong relationships with key business partners to support business growth and retention
• Collaborate with agents, brokers, and internal stakeholders to address underwriting inquiries and resolve issues
• Must be able to travel up to 40%

Technical Knowledge and Understanding:

• Strong technical underwriting expertise, including knowledge of surety principles, financial risk assessment, and bond forms.
• Excellent analytical and decision-making skills, with the ability to assess complex risks and provide solutions
• Effective communication and interpersonal skills for building relationships and managing stakeholder expectations
• Proficiency in underwriting software systems, Microsoft Office Suite, and Adobe.
• Quantitative analysis skills
• Ability to present and negotiate complex agreements with brokers
• Effective time management and organizational skills
• Ability to work independently and perform quality work within deadlines

Experience:

• Bachelor's degree in Business, Accounting, Finance, or related field is required
• Advanced degree or professional certifications (e.g. AFSB, CPCU, etc.) is preferred
• Proven experience (typically 3+ years) in underwriting roles within the surety industry

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over work authorization sponsorship now or in the future for this position.