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Bond Processor Jobs in Carol Stream, IL (NOW HIRING)

Bond Consultants Group

Be Seen First

Import Coordinator - (Import/Export Exp needed)

Wood Dale, IL · On-site

$19 - $22/hr

Process and audit shipping documents * Arrange drayage and trucking with vendors * Coordinate with ... Company Description Bond Consultants is a dynamic recruitment firm which provides professional ...

United Fire Group

Surety Underwriter

Chicago, IL · On-site

Review and process information received. * Perform annual review of accounts including financial analysis, obtaining current bank line of credit letters, preparing profiles, and recommendation of ...

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Bond Processor information

See Carol Stream, IL salary details

$10

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$26

How much do bond processor jobs pay per hour?

As of Aug 17, 2026, the average hourly pay for bond processor in Carol Stream, IL is $18.94, according to ZipRecruiter salary data. Most workers in this role earn between $16.15 and $20.87 per hour, depending on experience, location, and employer.

What is a bond processor?

Bond Processors are professionals who handle the documentation, verification, and processing of surety bonds, fidelity bonds, or other financial instruments used as guarantees in various industries. Their responsibilities typically include reviewing bond applications, ensuring compliance with legal and regulatory requirements, coordinating with underwriters and clients, and maintaining accurate records. Bond Processors play a crucial role in mitigating financial risk for companies and facilitating smooth transactions involving bonds.

What skills and qualifications are needed to be a bond processor?

To thrive as a Bond Processor, you need strong attention to detail, financial knowledge, and experience with document management, typically supported by a high school diploma or relevant finance coursework. Familiarity with bond processing software, financial databases, and compliance tracking systems is commonly required. Excellent organizational skills, accuracy, and effective communication help you stand out in this role. These skills ensure the accurate and timely processing of bond transactions, minimize errors, and support regulatory compliance in financial operations.

What are common challenges faced by bond processors and how can they be addressed?

Bond Processors often face challenges such as managing tight deadlines, ensuring the accuracy of financial documents, and staying updated with regulatory changes. Dealing with a high volume of paperwork can be demanding, so strong organizational skills and attention to detail are essential. Effective communication with underwriters, clients, and other team members also helps resolve discrepancies quickly. To overcome these challenges, Bond Processors should utilize document management systems, participate in ongoing training, and cultivate strong time-management habits.

What is the difference between Bond Processor vs Bond Clerk?

AspectBond ProcessorBond Clerk
CertificationsTypically requires a background in finance or securities processing, with some roles needing specific licensing or certificationsUsually requires basic administrative or clerical certifications, with familiarity in finance preferred
Work EnvironmentFinancial institutions, securities firms, or brokerage housesBank branches, financial offices, or administrative departments
Job ResponsibilitiesProcessing bond transactions, verifying bond details, ensuring compliance with regulationsHandling bond documentation, data entry, and supporting bond transaction processes

The main difference between a Bond Processor and a Bond Clerk lies in their responsibilities and required credentials. Bond Processors focus on transaction verification and compliance, often requiring specialized financial knowledge, while Bond Clerks handle administrative tasks related to bonds. Both roles are essential in financial institutions but serve different functions within the bond processing workflow.

What job categories do people searching Bond Processor jobs in Carol Stream, IL look for?

The top searched job categories for Bond Processor jobs in Carol Stream, IL are:

What cities near Carol Stream, IL are hiring for Bond Processor jobs?

Cities near Carol Stream, IL with the most Bond Processor job openings:

Bond Processor jobs near you

Surety Underwriter: Customs Bonds

Avalon Risk Management

Schaumburg, IL • On-site

$55K - $65K/yr

Full-time

Medical, Dental, Vision, Retirement

Re-posted 27 days ago

Job description

Description:

Avalon Risk Management (“Avalon”) is a specialty insurance broker with offices in major port cities throughout the country. We focus on the unique and exciting world of risk management and insurance products for the international trade and logistics industry. Avalon is a privately held company owned by our founding management team and we have celebrated over 25 years of success. We are looking for a reliable professional interested in growing into an Underwriter. This position works from our headquarters in Schaumburg, IL.


As an industry leader in the customs bond space, we are seeking an intermediate candidate with at least 3 years of direct customs bond underwriting or related surety experience, with current binding authority. The ideal candidate will have strong verbal and written communication skills, excellent attention to detail, and the ability to stay highly organized while consistently meeting deadlines. If you are a Senior Surety Underwriter level please apply and we will reach out to you directly.


Our Surety Underwriters communicate with our offices, clients, insurance markets, and government agencies to gather and assess information for surety related coverage and bond renewals. Responsibilities include:

  • Underwriting bond risks within assigned parameters and authority
  • Drafting underwriting approval requests to reinsurers
  • Assisting agents and customers with various bond-related questions and regulations
  • Handling and/or assisting with bond insufficiency notifications
  • Managing bond supplies and requests
  • Handling and/or assisting with letters of credit and other collateral maintenance tasks
  • Preparing various management reports to manage surety program utilizing various software tools including Word, Excel, Access, etc. and our proprietary Merlin software
  • Work on special projects for reinsurance, collateral reviews, audits, etc.

Avalon is a premier provider of innovative insurance and surety solutions. This is a full-time, exempt (salaried) position with a starting base compensation range of $55,000 - $65,000 per year. We offer an excellent benefits package that includes student debt assistance, health, dental and vision insurance, 401(k), new tuition reimbursement, and more. After an introductory training period, new hires are eligible for a hybrid in-office and work from home environment. Avalon is an equal opportunity employer. Apply today via our quick application process!


Interested candidates should get to know us online at www.avalonrisk.com, or by viewing our LinkedIn, Facebook, and Twitter social media profiles.

Requirements:


Apply