A leading national insurance organization is seeking a Contract Surety Underwriting Manager for its office in Orange, California. This role offers a flexible hybrid schedule and requires travel within the assigned regional territory. The ideal candidate is an experienced surety professional with strong underwriting judgment, market presence, and leadership capability.
Key Responsibilities
- Manage underwriting of low to moderately complex contract surety risks, including selection, pricing, retention, growth, and profitability within delegated authority.
- Exercise independent judgment and initiative to support business objectives.
- Maintain a high level of customer service with agents, brokers, and principals.
- Review new submissions; determine terms including limits, credit structures, deductibles, conditions, and work programs.
- Price business in alignment with company guidelines and market conditions.
- Conduct underwriting investigations as needed (financial reviews, bank meetings, site visits, interviews with owners/creditors/architects/engineers, etc.).
- Assess risk quality and compliance with underwriting rules and standards.
- Order, review, and analyze required financial and credit materials, including:
- Credit reports
- Bank agreements
- Financial statements
- Underwriting surveys
- Make recommendations on risks above authority level.
- Maintain and monitor accounts through underwriting platforms and analysis tools.
- Prepare internal and external communications regarding underwriting decisions and issues.
- Build and sustain strong business relationships to retain accounts and develop new opportunities.
- Visit agents, brokers, and principals to support market development and divisional goals.
- Explain, position, and market surety products and services effectively.
- Apply underwriting guidelines, rating rules, and regulatory requirements.
- Provide support, guidance, and occasional mentoring to junior associates.
- May manage direct reports, including performance coaching, development, and talent decisions.
- Perform additional duties as assigned.
Qualifications
- Bachelor’s degree or equivalent professional experience.
- Preferred fields of study: Finance, Accounting, Business, or related areas.
- 7+ years of relevant surety or financial analysis experience.
- Professional designations preferred or in progress:
- Strong analytical, relationship‑building, and communication skills.
- Ability to travel within the assigned territory.
- Leadership, mentoring, or supervisory experience is a plus.
Compensation
- Salary range: $175,000 – $220,000, depending on skills, experience, and market factors.
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