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Contract Surety Jobs (NOW HIRING)

Core Specialty

Contract Surety Underwriter

Dallas, TX · On-site

As a Contract Surety Underwriter, you will be responsible for development of contract surety business in a defined territory. You will play a critical role in the production and underwriting of ...

Core Specialty

Contract Surety Underwriter

Dallas, TX · Hybrid

- As a Contract Surety Underwriter, you will be responsible for development of contract surety business in a defined territory. You will play a critical role in the production and underwriting of ...

Crum & Forster

Contract Surety Underwriter

Draper, UT · On-site

$105K/yr

For more information about C&F, please visit our website: www.cfins.com Underwriter - Contract Surety - Utah hybrid A Contract Surety Underwriter is accountable for Contract Surety product ...

Swiss Re

Contract Surety Underwriter - CorSo

Boston, MA · On-site

$156K - $234K/yr

About the Role As a Contract Surety Underwriter, you'll be at the heart of our surety operations - evaluating risk, approving bonds, and cultivating the agent relationships that drive our business ...

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Contract Surety information

See salary details

$32K

$73.2K

$112K

How much do contract surety jobs pay per year?

As of Aug 6, 2026, the average yearly pay for contract surety in the United States is $73,187.00, according to ZipRecruiter salary data. Most workers in this role earn between $57,000.00 and $88,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a contract surety professional, and why are they important?

To thrive as a Contract Surety Professional, you need expertise in risk assessment, financial analysis, and a solid understanding of construction and contract law, often supported by a degree in finance, accounting, or business. Familiarity with underwriting software, financial modeling tools, and surety bond management systems is typical. Strong negotiation, communication, and relationship-building skills help professionals collaborate effectively with contractors, agents, and legal teams. These skills are crucial to accurately evaluate risk, ensure proper bond issuance, and maintain trust with clients and stakeholders.

What are some of the common challenges faced by professionals working in contract surety roles?

Professionals in Contract Surety often encounter challenges such as assessing the financial stability of contractors, managing complex documentation requirements, and staying updated on evolving regulations. They must balance risk assessment with client relationship management, ensuring that bonds are issued appropriately without exposing the company to undue risk. Additionally, collaborating closely with underwriters, legal teams, and contractors requires strong communication and negotiation skills. Staying organized and detail-oriented is crucial, as even minor oversights in bond terms can lead to significant liabilities.

What is contract surety?

Contract surety refers to a type of bond that guarantees the performance and fulfillment of contractual obligations, typically in the construction industry. It involves three parties: the principal (contractor), the obligee (project owner), and the surety (bonding company). The surety assures the project owner that the contractor will complete the project according to the terms of the contract. If the contractor fails to meet their obligations, the surety steps in to cover losses or ensure completion. Contract surety bonds help protect project owners from financial loss and project delays.

What is the difference between Contract Surety vs Contract Underwriter?

AspectContract SuretyContract Underwriter
CredentialsTypically requires insurance or bonding licenses, industry experienceRequires underwriting certifications, insurance knowledge
Work EnvironmentInsurance companies, bonding agencies, project sitesInsurance firms, underwriting departments
Industry UsageUsed in construction, project bondingUsed in insurance underwriting, risk assessment

Contract Surety professionals focus on issuing bonds to guarantee project completion, while Contract Underwriters evaluate risks and determine policy terms. Both roles require industry-specific credentials and work within the insurance and bonding sectors, often overlapping in construction and project finance contexts.

More about Contract Surety jobs
What cities are hiring for Contract Surety jobs? Cities with the most Contract Surety job openings:
What are the most commonly searched types of Surety jobs? The most popular types of Surety jobs are:
What states have the most Contract Surety jobs? States with the most job openings for Contract Surety jobs include:
What job categories do people searching Contract Surety jobs look for? The top searched job categories for Contract Surety jobs are:
Contract Surety jobs near you
Infographic showing various Contract Surety job openings in the United States as of August 2026, with employment types broken down into 97% Full Time, 2% Part Time, and 1% Contract. Highlights an 72% Physical, 13% Hybrid, and 15% Remote job distribution, with an average salary of $73,187 per year, or $35.2 per hour.

Contract Surety Underwriter

Core Specialty

Dallas, TX • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 19 days ago

Job description

As a Contract Surety Underwriter, you will be responsible for development of contract surety business in a defined territory. You will play a critical role in the production and underwriting of contract surety account business.
Key Accountabilities/Deliverables:
  • Develop and manage distribution channels, including brokers, agents, and partnerships to expand market reach and drive sales growth.
  • Champion a customer-centric approach to deliver exceptional service, satisfaction, and value propositions that will differentiate our contract surety team in the marketplace.
  • Review and evaluate surety bond applications/submissions to determine risk levels and underwriting terms.
  • Analyze financial statements, work-in-process reports, credit reports, and other relevant underwriting documents to assess the financial quality and character of principals and indemnitors for the establishment of surety credit.
  • Determine appropriate single and aggregate bond amounts, terms, and conditions based on risk analysis and industry standards.
  • Collaborate with brokers, agents, and principals to gather necessary information required for proper analysis of bond risks.
  • Keep current on industry trends, regulations, underwriting practices, and competitors.
  • Keep abreast of obligee requirements and statutory changes.
  • Other projects and tasks as assigned.

Technical Knowledge and Understanding:
  • Strong technical contract surety underwriting expertise and financial analysis expertise.
  • Excellent analytical and decision-making skills, with the ability to assess complex risks and provide solutions.
  • Proficiency in underwriting software and tools.
  • Effective communication and interpersonal skills, both verbal and written, for building relationships and managing stakeholder expectations.
  • Time management and prioritization skills.
  • Ability to multi-task and collaborate effectively with others in a high-performance team environment.

Experience:
  • Bachelor's degree in accounting, finance, business, or related field.
  • 2+ years of surety underwriting experience or related field.
  • Contract surety underwriting experience preferred.
  • The ability to meet tight deadlines.
  • Strong customer service with a professional attitude and approach.
  • Strong analytical skills with the ability to interpret financial data.
  • Ability to travel as needed.

#LI-hybrid
At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program

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