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Intact Insurance Group

This position is responsible for working closely with Surety leaders, stakeholders, and other team members to understand the business requirements that drive the development of the design and ...

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How much do surety leader jobs pay per hour?

As of Sep 10, 2026, the average hourly pay for surety leader in the United States is $25.73, according to ZipRecruiter salary data. Most workers in this role earn between $15.38 and $24.04 per hour, depending on experience, location, and employer.

What is a surety leader?

A Surety Leader is a senior professional in the insurance industry who oversees surety operations, which involve providing surety bonds that guarantee the fulfillment of contractual obligations by a third party. The Surety Leader is responsible for managing a team, developing underwriting strategies, maintaining client relationships, and ensuring compliance with regulatory standards. They play a key role in evaluating risk, approving large bond requests, and driving the growth and profitability of the surety business within their organization.

What are the main challenges a surety leader faces when managing a portfolio of bonds and client relationships?

As a Surety Leader, one of the main challenges is balancing risk assessment with client service—ensuring your team thoroughly evaluates the financial stability and project details of applicants while building strong, trust-based relationships with contractors and brokers. You'll also need to stay up-to-date with industry regulations and adapt quickly to changing market conditions. Additionally, leading a team requires continuous coaching and development to maintain high performance and compliance standards.

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

To thrive as a Surety Leader, you need deep expertise in underwriting, risk assessment, financial analysis, and a strong understanding of the surety bond market, usually backed by a relevant bachelor's degree or equivalent experience. Familiarity with underwriting software, risk management platforms, and industry-specific legal regulations is essential. Leadership, negotiation skills, and the ability to build strong client and team relationships are vital soft skills in this role. These competencies are crucial for effectively managing portfolios, mitigating risks, and driving business growth in the surety industry.

What are popular job titles related to Surety Leader jobs?

For Surety Leader jobs, the most frequently searched job titles are:

SVP - Contract East Division

West Des Moines, IA • On-site

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

Other

PTO

Re-posted 2 days ago

Job description

Job Details

Job Location: West Des Moines, IA 50266

Position Type: Full Time

Job Purpose

This position is accountable to execute underwriting decisions, as well as build and implement strategic plans for the contract bond business on a divisional basis. This position will work closely with the SVP‑National Contract Surety Leader to maintain underwriting standards and discipline, ensure underwriting results and service that enhance overall profitability, production, and retention of the contract surety line of business. Typically manages multiple regions and teams with a combined premium of over $50 million.

Job ResponsibilitiesContract Bond Underwriting Strategic Leadership
  • Creates the over‑arching strategies and business vision for the East or West Division that will assure the long‑term sustainability of the line of business. Proposes new directions and products to continue a profitable operation.
  • Provides strategic vision and direction to the division. Leads setting of goals and accountability for division leaders and underwriters.
  • Develops and builds succession planning. Develops successors for all levels of leadership in division.
  • Works with the marketing department to follow and understand industry trends and data, and plan appropriately based on data. Attends industry events (NASBP, SFAA, regional surety association events, etc.) for networking and industry updates.
  • Leads strategy planning sessions with teams and creates a business strategy that aligns with company goals.
Contract Bond Underwriting Management
  • Hires, disciplines, and retains Contract Underwriting staff in their regions.
  • Recommends salary and bonus actions to the SVP – National Contract Surety Leader for their divisional staff.
  • Reviews annual budget for all regions and teams within their division. Reviews and approves expense reports. Approves PTO requests and exempt timesheets.
  • Conducts appraisals for any direct reports and collaboratively establishes their individual performance goals. Solicits performance feedback from Marketing. Holds any divisional underwriters accountable for agreed upon results and outcomes.
  • Assures that all contract underwriting associates on regional teams are capable of performing effectively. Approves direct reports’ participation in professional associations and attendance at conferences. Assures that training for new underwriters is effective and timely.
  • Researches, responds to, and resolves SFAA/MBI/AGC questions and issues based on their technical expertise within their region.
  • Coordinates with the Contract Underwriting and VP – Underwriting Operations regarding the assignment of Contract Underwriting Assistants to their region.
Marketing and Relationship Management
  • Markets Merchants Bonding through presentations, expert articles in industry publications, and participation in key events and industry sponsorship activities.
  • Networks with industry representatives and counterparts across the country to stay aware of industry trends and best practices. Attends industry conventions as requested, including NASBP.
  • Troubleshoots with underwriters in their region to increase production appropriately in low producing territories and resolve any issues.
  • Contributes articles to Leaderboard as requested.
Contract Bond Underwriting Operations
  • Underwrites large and unusual contract bond requests and those that require exceptions to current underwriting standards in the absence of their divisional underwriting staff. Approves all special acceptance submissions to reinsurers for their division. Prepares all quarterly reports provided to reinsurers for all teams in their region.
  • Monitors each regional contract team’s performance. Oversees the creation of the Major Accounts report.
  • Operates within the authority established by the Senior Vice President – National Contract Surety Leader. Provides input for rate changes and filings within their region. Typically has the authority to review and approve exceptions, secure and release collateral, rates, non‑standard requests, and other submissions based on authority limits established in the Merchants Bonding Underwriting Guidelines.
QualificationsEducation and Experience
  • Bachelor’s degree in Business, Accounting, Finance, Insurance, or a related field, or equivalent work experience.
  • Minimum of 15 years of combined experience in strategic leadership, management, marketing, and underwriting in the Surety industry.
  • Experience as an agent or in an agency setting would be very helpful.
  • AFSB designation helpful.
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