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Surety Bond Jobs (NOW HIRING)

As a Commercial Surety Bond Underwriter at The Hartford, your primary role will be to support Commercial Surety line of business strategies by marketing and underwriting business in partnership with ...

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 ...

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 ...

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Surety Bond information

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$26.5K

$77.9K

$136K

How much do surety bond jobs pay per year?

As of Jun 12, 2026, the average yearly pay for surety bond 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.

What is the difference between Surety Bond vs Insurance Agent?

AspectSurety BondInsurance Agent
Required CredentialsLicense in surety bonds, sometimes state-specificInsurance license, state-specific
Work EnvironmentBond underwriting, risk assessment, client consultationSales, client advising, policy management
Industry UsageConstruction, licensing, contractual obligationsHealth, auto, property insurance

While both roles involve financial products and licensing, a Surety Bond professional specializes in providing guarantees for contractual obligations, whereas an Insurance Agent sells insurance policies to protect against risks. Understanding these differences helps clients choose the right service for their needs.

Is surety a good career?

A career as a surety bond professional involves evaluating risk, underwriting bonds, and working with clients and insurance companies. It typically requires knowledge of finance, legal concepts, and certification in the field. The job offers stability and opportunities for advancement in the insurance and financial services industries.

How much is $100,000 surety bond?

The cost of a $100,000 surety bond for a surety bond professional or related role typically ranges from 1% to 15% of the bond amount annually, depending on the applicant's credit score, financial stability, and the type of bond required. Premium rates are influenced by risk assessment and may vary by industry and jurisdiction. Employers or clients often require proof of bond coverage as part of licensing or contractual obligations.

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

For a $50,000 surety bond, the premium typically ranges from 1% to 15% of the bond amount, depending on the applicant's creditworthiness and the type of bond. This means the cost could be between $500 and $7,500. Surety bond agents or providers can provide specific quotes based on individual circumstances.

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

Thriving as a Surety Bond Underwriter requires strong analytical skills, a background in finance or accounting, and often a bachelor’s degree in business or a related field. Familiarity with underwriting software, financial statement analysis tools, and industry-specific risk assessment systems is typically necessary. Exceptional attention to detail, effective communication, and sound judgment help distinguish top performers in this role. These skills are essential for accurately evaluating risk, building client trust, and ensuring the financial stability of both clients and the underwriting company.

What are surety bonds and how do they work?

Surety bonds are legally binding agreements that involve three parties: the principal (the party who needs the bond), the obligee (the party requiring the bond), and the surety (the company that issues the bond). The purpose of a surety bond is to guarantee that the principal will fulfill certain obligations to the obligee. If the principal fails to meet these obligations, the surety will compensate the obligee, up to the bond's limit, and may seek reimbursement from the principal. Surety bonds are commonly used in construction, licensing, and court proceedings to provide financial security and ensure compliance.

What jobs pay $2000 a day?

High-paying jobs that can reach $2000 a day often include specialized roles such as certain types of contractors, surgeons, or corporate executives. These positions typically require advanced skills, extensive experience, and often involve high levels of responsibility or risk. Freelance consultants or project managers in lucrative industries may also achieve such earnings with significant expertise and client volume.

What are some common challenges faced by professionals in surety bond roles, and how can they be effectively managed?

Professionals working with surety bonds often encounter challenges such as assessing the creditworthiness of applicants, navigating complex contractual obligations, and keeping up with changing regulations. Effective management of these challenges involves maintaining strong analytical skills, staying updated on industry standards, and fostering clear communication with clients and underwriters. Building relationships with contractors and legal professionals can also provide valuable insights and support in resolving issues quickly and efficiently.
More about Surety Bond jobs
What cities are hiring for Surety Bond jobs? Cities with the most Surety Bond job openings:
What are the most commonly searched types of Surety Bond jobs? The most popular types of Surety Bond jobs are:
What states have the most Surety Bond jobs? States with the most job openings for Surety Bond jobs include:
What job categories do people searching Surety Bond jobs look for? The top searched job categories for Surety Bond jobs are:
Commercial Surety Bond Underwriter

Commercial Surety Bond Underwriter

The Hartford

Penn, PA • Hybrid

$71K - $140K/yr

Full-time

Posted 5 hours ago


The Hartford rating

8.8

Company rating: 8.8 out of 10

Based on 103 frontline employees who took The Breakroom Quiz

53rd of 261 rated insurance


Job description

Senior Underwriter - UW08DAUnderwriter - UW08DB

We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.

Your underwriting career here means collaboration, inclusivity, innovative thinking and so much more. Here, doing things the way they've always been done isn't a part of the job. Here, you'll be putting your creative insights to work with other underwriters and leaders, having a seat at the table with key decision makers. And you'll have any number of opportunities for your career to grow in whatever direction you choose.

As a Commercial Surety Bond Underwriter at The Hartford, your primary role will be to support Commercial Surety line of business strategies by marketing and underwriting business in partnership with field office specialists.

Responsibilities:

  • Rigorously analyze underwriting information and assess most complex risk within the framework of company standards.

  • Maintain disciplined adherence to underwriting and service standards.

  • A high degree of decision-making authority in the regional office and look at book of business issues.

  • Weigh decisions between underwriting standards and customer needs and expectations.

  • Balance risk relative to return to make effective and acceptable underwriting decisions.

  • Conduct client meetings/agency calls.

  • Cultivate customer and producer relationships to promote Bond products and services within the regional office.

  • Seek out resources to identify and satisfy customer and producer needs.

  • Share pertinent information to support product development, market research and identification of business opportunities between Bond lines of business and other Hartford business units. Develop and implement strategy across the regional office.

  • Effectively utilize the Bond Center to support sales and service objectives. Ensure achievement of financial goals and business plan objectives.

  • Utilize internal underwriting system efficiently and effectively.

Qualifications:

  • Bachelor's Degree strongly preferred, or equivalent combination of education, training and experience

  • AFSB designation preferred

  • 3 + years of commercial surety underwriting experience preferred; open to considering a candidate with underwriting experience in the banking and financial services industry. Position level to be determined after a complete review of the selected candidate's qualifications.

  • Demonstrated success in developing and maintaining solid relationships with all internal and external business partners.

  • Excellent communication, interpersonal and presentation skills

  • An ability to think analytically about business problems, make recommendations and propose solutions.

  • High energy self-starter, who is resilient and has an entrepreneurial spirit.

  • Demonstration of solid time, organizational, and desk management skills

  • Goal-oriented and delivers outcomes.

  • Ability to challenge the status quo and compete to win.

  • Superior technical knowledge and sound decision-making and analytical skills.

  • Valid driver's license with the ability and desire to travel within the assigned territory approximately 25% of the time.

Location:

This role will have a Hybrid work arrangement, with the expectation of working in the Morristown, NJ or New York City, NY office three days a week (Tuesday through Thursday).

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$71,600 - $140,400

The posted salary range reflects our ability to hire at different position titles and levels depending on background and experience.

Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

About Us| Our Culture | What It's Like to Work Here | Perks & Benefits


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About Hartford

Sourced by ZipRecruiter

Hartford Financial Services Group, widely recognized as The Hartford, is a renowned company based in Hartford, CT, US. Established in 1810, it has evolved into an industry leader in the insurance and financial services sector, proudly serving more than one million businesses in the US. The Hartford is committed to offering a gamut of insurance products that include homeowners, automobile, and business insurance as well as employee benefits and mutual funds. The company’s core values revolve around customer-focused innovations, diversity and inclusion, and ethical dealings that have earned them a customer-centric reputation. This shapes their mission which revolves around aiding their clients to overcome unforeseen obstacles and enhancing their wealth over time. Among the company's noted accomplishments is being consistently listed among the World's Most Ethical Companies, a testament to their unwavering commitment towards responsible business practices.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Hartford, CT, US

Year founded

1810

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