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Great American Insurance Group

Contract Surety Bonds Underwriting Manager - New England

Reposted 4 Days Ago
Be an Early Applicant
In-Office
Braintree, MA
160K-225K Annually
Senior level
In-Office
Braintree, MA
160K-225K Annually
Senior level
The role involves overseeing the underwriting of surety bonds, managing risk selection, developing relationships, and ensuring profitability while leading a team.
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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 bonds since 1926. Great American is known for expert underwriting, solid financial strength, market leadership, and creative solutions. Great American is one of the top surety companies in the United States.

Bonds - Great American Insurance Group

Our Bond Division is hiring a Contract Surety Bonds Underwriting Manager for the New England territory. This position involves in-office work and traveling within the assigned territory.

Essential Job Functions and Responsibilities

  • Understand and analyze business reports needed in the underwriting processes, including credit checks, bank agreements, and financial statements.

  • Responsible for all risk selection/rejection, pricing, retention, growth, and profitability for their branch office.

  • Assess risk quality in compliance with company guidelines.

  • Review the underwriting of others and make recommendations for extending surety credit including the terms and conditions.

  • Develop and maintain strategic relationships with internal and external stakeholders.

  • Communicate effectively.

  • Must be highly organized to handle a variety of responsibilities.

  • Deliver exceptional customer service.

  • Make timely, informed decisions.

  • Operate with integrity and honesty.

  • Hold self and team accountable for achieving established objectives.

  • Use independent judgment and initiative to support business goals.

  • Coach and develop team.

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:

$160,000.00 -$225,000.00

Benefits:

Compensation varies by role, position level, and location. Individual pay is influenced by skills, education, training, certifications, experience, and the role's scope and complexity, along with business needs.


We offer a competitive Total Rewards package, including 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, and 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.

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