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Surety Bond Account Manager

San Mateo, CA · On-site

$110K - $130K/yr

Surety Bond Account Manager Location: San Mateo (in-office) Salary : $110,000 - $120,000 An independent insurance brokerage in San Mateo is looking for an experienced Commercial Construction Surety ...

The Nitsche Group

Surety Bonds

Giddings, TX · Remote

Familiarity with surety bond underwriting processes and surety markets * Strong attention to detail and ability to manage multiple accounts simultaneously * Proactive mindset with the drive to lead ...

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$26.5K

$77.9K

$136K

How much do surety bond manager jobs pay per year?

As of Jul 12, 2026, the average yearly pay for surety bond manager in the United States is $77,935.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,000.00 and $89,000.00 per year, depending on experience, location, and employer.

How does a Surety Bond Manager typically collaborate with underwriters and clients to ensure successful bond issuance?

A Surety Bond Manager works closely with underwriters to assess the financial stability and risk profile of clients seeking bonds. They act as a key liaison, gathering necessary documentation from clients, clarifying requirements, and ensuring that all parties understand the terms and conditions. This collaborative approach helps streamline the approval process and fosters strong, long-term relationships with both clients and underwriters. Effective communication and attention to detail are essential in this role to ensure timely issuance and ongoing management of surety bonds.

What is a surety bond manager?

A surety bond manager oversees the issuance, management, and compliance of surety bonds for clients or organizations. They evaluate risk, coordinate with underwriters, and ensure bonds meet legal and contractual requirements, often using specialized software and maintaining industry certifications.

What does a Surety Bond Manager do?

A Surety Bond Manager oversees the issuance and management of surety bonds, which are guarantees that ensure contractual obligations are fulfilled, typically in construction or commercial projects. They evaluate risks, underwrite bond applications, and maintain relationships with clients, agents, and underwriters. Their role is essential in assessing the financial strength and reliability of applicants, setting bond terms, and ensuring compliance with legal and regulatory requirements.

What are the 3 C's of surety underwriting?

The 3 C's of surety underwriting are Character, Capacity, and Collateral. Character assesses the applicant's integrity and reputation, Capacity evaluates their ability to fulfill contractual obligations, and Collateral considers the security provided to support the bond. As a Surety Bond Manager, understanding these factors helps in evaluating risk and determining bond approval.

What job makes $1,000,000 a year?

A Surety Bond Manager typically does not earn $1,000,000 annually; such high earnings are more common in executive roles, entrepreneurs, or specialized financial professionals. High-income jobs often require extensive experience, advanced certifications, or ownership of successful businesses in finance or related fields.

How much do you pay on a $50,000 surety bond?

For a Surety Bond Manager, the cost of a $50,000 surety bond typically ranges from 1% to 3% of the bond amount annually, meaning $500 to $1,500. The exact premium depends on factors such as credit score, industry experience, and the bond type, and it is paid to the surety company at the time of issuance.

What are the key skills and qualifications needed to thrive as a Surety Bond Manager, and why are they important?

To thrive as a Surety Bond Manager, you need expertise in underwriting, risk assessment, and financial analysis, typically supported by a bachelor's degree in finance, business, or a related field. Familiarity with industry-specific software, such as underwriting management systems and proficiency in Microsoft Office, as well as relevant certifications like the Associate in Fidelity and Surety Bonding (AFSB), are often required. Strong negotiation, relationship-building, and communication skills set successful managers apart in client and agency interactions. These skills and qualifications are crucial for accurately evaluating risk, building trust with clients, and ensuring the profitability and compliance of the surety bond portfolio.
What cities are hiring for Surety Bond Manager jobs? Cities with the most Surety Bond Manager job openings:
What states have the most Surety Bond Manager jobs? States with the most job openings for Surety Bond Manager jobs include:
Surety Bond Manager jobs near you
Infographic showing various Surety Bond Manager job openings in the United States as of July 2026, with employment types broken down into 73% Full Time, 26% Part Time, and 1% Contract. Highlights an 93% Physical, 1% Hybrid, and 6% Remote job distribution, with an average salary of $77,935 per year, or $37.5 per hour.
Bond Manager - Midwest

Bond Manager - Midwest

Old Republic Surety Company

West Des Moines, IA

$140K - $220K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 10 days ago

Job description

Bond Manager
Location: Midwest Region (Iowa, Nebraska and South Dakota)
 
Old Republic Surety Company is seeking an experienced Bond Manager to lead and grow our Midwest-based surety operation. This is a hands-on leadership role for a proven surety professional who excels in underwriting, business development, and team leadership.
About Old Republic Surety Company
Headquartered in Brookfield, Wisconsin, Old Republic Surety Company ranks among the nation’s top underwriters of contractors’ performance and payment bonds, miscellaneous surety, and commercial fidelity products, offering thousands of bond types nationwide.
 
We proudly partner with a network of more than 4,000 independent insurance agencies—highly regarded agents and brokers who market our surety and financial indemnity products throughout the United States. Old Republic Surety Company is widely recognized within the insurance industry for our stability, integrity, and long-standing reputation as a reliable and trusted surety provider.
Duties That Make an Impact
As a Bond Manager, you will play a pivotal role in shaping both business performance and team success. Key responsibilities include:
  • Leading, coaching, and developing a team of Surety Contract Underwriters and future Associate Underwriters
  • Setting and achieving profit, production, and underwriting quality goals
  • Making key underwriting decisions that strengthen and grow the surety portfolio
  • Traveling throughout the territory to meet with agency partners, pursue new business, and strengthen relationships
  • Representing Old Republic Surety Company at industry and trade events
  • Preparing budgets, managing expenses, and monitoring branch financial performance
  • Utilizing CRM software to track agency activity, marketing initiatives, and production data
  • Recruiting, training, and developing talent while cultivating a strong branch culture aligned with company values
This role offers the opportunity to directly influence strategy, team development, and long-term growth.
Experience & Qualifications
The ideal candidate will bring:
  • A minimum of five years of experience in surety underwriting, marketing, and production (seven or more years strongly preferred)
  • Demonstrated leadership experience with the ability to mentor and develop underwriting professionals
  • Strong knowledge of contract surety and fidelity underwriting principles
  • Proven success in agency relationship management and business development
  • Excellent communication, analytical, and decision-making skills
Compensation & Benefits
We offer a highly competitive compensation and benefits package, including:
  • Salary range: $140,000–$220,000, commensurate with experience
  • Eligibility for our annual Performance Recognition Plan bonus program
  • Comprehensive benefits package including:
    • Medical, dental, and vision insurance
    • Life, disability, and supplemental insurance options
  • Financial and retirement benefits:
    • 401(k) with company match
    • Profit-sharing plan
    • Roth 401(k) options
    • 529 education savings plan
  • Employee referral bonus program
Why Join Old Republic Surety Company?
At Old Republic Surety Company, you’ll join a stable, respected organization that values leadership, collaboration, and long-term success. This is an opportunity to make a meaningful impact while building a rewarding career with one of the most trusted names in the surety industry.

Interested?  Click ‘apply’ and follow some very simple steps to get your resume in front of the Talent Acquisition Team.    
Old Republic Surety Company is an Equal Opportunity Employer and is committed to maintaining a diverse workplace.    
 
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