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Manager Contract Underwriter Jobs (NOW HIRING)

Merchants Bonding Company

Sr. Contract Underwriter

Fulton, MD · Hybrid

$96K - $113K/yr

Job Purpose The Senior Contract Underwriter manages complex accounts, drives high-quality underwriting decisions, and strengthens agency relationships. This role requires sound judgment, strategic ...

Berkley

Manager - Contract Surety

Nashville, TN

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 ...

Berkley

Manager - Contract Surety

Nashville, TN · On-site

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

Manager - Contract Surety

Nashville, TN · On-site

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 ...

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Manager Contract Underwriter information

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$48K

$103.1K

$158.5K

How much do manager contract underwriter jobs pay per year?

As of Sep 9, 2026, the average yearly pay for manager contract underwriter in the United States is $103,082.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,000.00 and $121,000.00 per year, depending on experience, location, and employer.

What is the difference between Manager Contract Underwriter vs Underwriting Analyst?

AspectManager Contract UnderwriterUnderwriting Analyst
CredentialsTypically requires relevant underwriting certifications and experienceOften requires a degree in finance, risk management, or related fields; certifications are a plus
Work EnvironmentLeads teams, makes high-level decisions, oversees contract underwriting processesAnalyzes data, assesses risks, supports underwriting decisions
Employer & Industry UsageCommon in insurance companies, large brokeragesFound in insurance firms, underwriting departments, risk assessment teams

The main difference is that the Manager Contract Underwriter oversees underwriting teams and makes strategic decisions, while the Underwriting Analyst focuses on data analysis and risk assessment to support underwriting processes.

What cities are hiring for Manager Contract Underwriter jobs?

Cities with the most Manager Contract Underwriter job openings:

What are popular job titles related to Manager Contract Underwriter jobs?

For Manager Contract Underwriter jobs, the most frequently searched job titles are:

Manager Contract Underwriter jobs near you

Territory Contract Underwriter

Chicago, IL • Hybrid

Merchants Bonding Company
Insurance Services • 201 - 500 employees
Learn more about Merchants Bonding Companyexternal

Full-time

Medical, PTO

Posted 21 days ago

Job description

Job Purpose:

The Territory Contract Underwriter plays a key role in driving profitable growth within an assigned territory through risk evaluation, relationship management, and strategic collaboration. This role requires advanced underwriting judgment, proactive relationship development, and a demonstrated ability to contribute to production goals with minimal oversight. The associate is expected to make thoughtful underwriting decisions on complex cases, build agency partnerships, and influence outcomes through high-quality analysis and interpersonal agility.

Responsibilities:

Underwriting Analysis & Risk Evaluation (50%)

  • Reviews and underwrites contract surety submissions within assigned authority, applying sound judgment and seeking input from colleagues when collaboration can enhance decision quality.
  • Conducts thorough analysis of contractor financial statements, project exposure, and credit reports to assess risk and inform underwriting decisions.
  • Prepares well-reasoned underwriting positions for referral or review. Anticipates potential concerns and proactively addresses them within recommendations.

Agency and Market Development (40%)

  • Leads account discussions and decision-making during agency meetings, jobsite visits, and presentations.
  • Develops strategic relationships with key agency partners to grow premium and ensure consistent pipeline.
  • Manages agency interactions, including resolving service issues and collecting market intelligence.

Leadership & Development (10%)

  • Establishes and pursues quarterly and annual production goals in collaboration with manager.
  • Takes ownership of territory-level initiatives and outcomes, using data and feedback to refine strategies.

Education and Experience:

  • Bachelor’s degree preferred. Fields of study such as business, finance, accounting, or economics are especially relevant.
  • Minimum of 3 years of experience in contract surety underwriting or equivalent financial risk evaluation role.
  • Demonstrated ability to evaluate financial strength, identify key risk indicators, and apply underwriting guidelines.
  • Experience leading agency relationships and representing underwriting decisions in client-facing environments

BENEFITS AT MERCHANTS

At Merchants, we value balancing the needs of our associates and their families. We're proud to offer a wide range of benefits designed to help you achieve a healthy work-life balance and support your personal and professional growth. In addition to competitive pay, bonus programs, and paid-time off, here are just a few of the amazing benefits:

  • Flexible hybrid and remote opportunities with 37.5 hour work week
  • Free health insurance option
  • Paid volunteer time off with matching gift program
  • Infants in the Workplace Program with family resources
  • Discover more benefits at https://www.merchantsbonding.com/careers#nav-link-3

MERCHANTS BONDING COMPANY

Join the Merchants team and experience the difference of working for a surety-only company. At Merchants, we believe in the power of collaboration and teamwork, and we're committed to the success of our associates and customers by creating an inclusive culture that sets us apart and drives our success.

Our company is built on a foundation of providing common sense solutions and first-class experiences. From underwriting to claims and technology to marketing, every department and team collaborates together to achieve our common goal to be the most trusted team in surety.

Learn more about building your career at Merchants by visiting www.merchantsbonding.com/careers.

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