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Contract Surety Jobs (NOW HIRING)

Company Details Berkley Surety is a highly professional, service-oriented surety underwriting management company, providing a full spectrum of bonds for contract, environmental, and commercial surety ...

Berkley Surety is a highly professional, service-oriented surety underwriting management company, providing a full spectrum of bonds for contract, environmental, and commercial surety accounts ...

Company Details Berkley Surety is a highly professional, service-oriented surety underwriting management company, providing a full spectrum of bonds for contract, environmental, and commercial surety ...

Vice President Surety

Yonkers, NY · On-site +1

$200K - $300K/yr

VP Product Program Contract Surety Insurance - Yonkers, NY VP Vice President Executive Director Program Manager Product Manager Underwriter Underwriting Manager Team Leader Commercial Contract Surety

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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 May 31, 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:
Infographic showing various Contract Surety job openings in the United States as of May 2026, with employment types broken down into 15% Locum Tenens, 15% Internship, 30% Full Time, 37% Nights, and 3% Summer. Highlights an 100% Hybrid job distribution, with an average salary of $73,187 per year, or $35.2 per hour.
Manager- Contract Surety

Manager- Contract Surety

Berkley

Blue Bell, PA • On-site

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 25 days ago


Job description

Company Details
Berkley Surety is a highly professional, service-oriented surety underwriting management company, providing a full spectrum of bonds for contract, environmental, and commercial surety accounts through multiple distribution channels in both the United States and Canada. We write on behalf of W. R. Berkley Corporation member company Berkley Insurance Company, which has an A.M. Best rating of A+ (Superior). We pride ourselves on building strong relationships with our agents. We highly value the insight and expertise our agency partners bring to the table which helps us provide timely and predictable surety solutions.
Company URL: www.berkleysurety.com
Responsibilities
Manage, produce and underwrite new and renewal business from assigned agents/brokers in the primary line of business. Consistently achieve budgeted financial results (premium volume, loss ratio, premium collections and expense management including commissions) through new business acquisition, retention of business, and effective price management as a result of executing personal and branch objectives. Actively participate in the planning and expense management process. Interact and collaborate with a team of Line of Business colleagues and other critical internal/external business associates. Position involves both outside and inside business development and includes direct responsibility for agency development and management within a book of business.
  • Independently underwrites, assesses and manages assigned portfolio of accounts in a particular line or lines of business and can effectively underwrite both performance and non-performance bonds.
  • Understands and executes personal and branch objectives and strategies in an effort to produce budgeted results.
  • Effectively develops and leverages agency/client relationships through a high level of visibility with agents, brokers and clients in support of business objectives.
  • Plans and executes effective regular travel to develop and enhance new and existing producer and account relationships; Visits new and existing accounts; prepares and shares meeting agendas, obtains follow up documentation, evaluates the accounts and submits timely detailed submission memos for appropriate credit approval.
  • Effectively communicates the mission and objectives of the Company in account meetings with confidence, clear communication, good listening skills, professionalism and empathy with the goal to be a trusted adviser and valued partner to all parties. Maintains and manages workflow, including effective communications, with agency representatives in assigned territory, meeting all company standards and expectations. Communicates acceptance or rejection of new and existing accounts while working towards establishing and enhancing the Company's brand.
  • Accountable for accurate underwriting documentation/information in account management systems and adherence to documentation standards and ensures accuracy and integrity of all information contained in account files, and keeps them up to date.
  • Participates in the premium budget and expense process for the profit center.
  • Actively keeps management apprised of issues of importance to the Branch and to the Company.
  • May assist or be directly responsible in the development, mentoring/coaching or supervision of Executive Underwriters, Sr. Underwriters, Underwriters, Associate Underwriters or Underwriting Trainees, as appropriate.

Qualifications
Requirement
  • Minimum 4-year degree or related industry experience
  • Business/Finance/Accounting Majors preferred, but not required
  • 10+ years of Surety industry or related experience required
  • Banking or Credit Analysis background is a plus

Qualifications
  • Demonstrates the ability to read, analyze, discuss and interpret financial statements, bond forms, contract documents, and government regulations and reach appropriate risk assessment conclusions.
  • Effective oral and written communication skills with the ability to write clear and effective reports and business correspondence so that others will clearly understand the content and the intent.
  • Ability to provide well developed recommendations in support of new and existing accounts, as well as client bond needs.
  • Strong analytical and decision-making skills. Ability to solve practical problems and appropriately deal with a variety of concrete variables in situations where only limited standardization exists.
  • Ability to effectively interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
  • Ability to use the automation tools provided by BSG (i.e. Word, Excel, PowerPoint, Lotus Notes, U/W System, etc.)
  • Must be able to organize and effectively handle medium to complex volumes of information.
  • Ability to work independently and in a team environment
  • Self-motivation and an out-going orientation with strong customer focus
  • The Company is an equal employment opportunity employer.

Additional Company Details
We do not accept unsolicited resumes from third party recruiting agencies or firms.
The company offers a competitive compensation plan and robust benefits package for full time regular employees including:
• Base Salary Range: 110k-$150k
• Eligible to participate in annual discretionary bonus
• Benefits include: Health, dental, vision, dental, life, disability, wellness, paid time off, 401(k) and profit-sharing plans
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.