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Surety Manager Jobs in Minnesota (NOW HIRING)

AVP, Commercial Surety

Saint Paul, MN · On-site +1

$133K - $206K/yr

Responsible for developing and managing a book of business, meeting/exceeding profitability ... Minimum of six years surety underwriting experience and/or equivalent surety related experience ...

AVP, Commercial Surety

Saint Paul, MN · On-site +1

$133K - $206K/yr

Responsible for developing and managing a book of business, meeting/exceeding profitability ... Minimum of six years surety underwriting experience and/or equivalent surety related experience ...

Familiarity with insurance, surety, and risk management concepts preferred * Proven ability to work cross-functionally with operations and business teams * Experience managing outside counsel and ...

Construction Counsel

Chaska, MN · On-site

$125K - $145K/yr

Familiarity with insurance, surety, and risk management concepts preferred * Proven ability to work cross-functionally with operations and business teams * Experience managing outside counsel and ...

Design and activate upstream supply and inventory strategies that ensure surety of supply and ... management,and/or supply planning experience * Strong experience architecting, optimizing, and ...

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Surety Manager information

See Minnesota salary details

$26K

$76.3K

$133.2K

How much do surety manager jobs pay per year?

As of Jul 29, 2026, the average yearly pay for surety manager in Minnesota is $76,330.00, according to ZipRecruiter salary data. Most workers in this role earn between $63,700.00 and $87,200.00 per year, depending on experience, location, and employer.

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

For a Surety Manager, the cost of a $50,000 surety bond typically ranges from 1% to 3% of the bond amount annually, depending on creditworthiness and industry factors. This results in a premium of approximately $500 to $1,500. The exact premium can vary based on the applicant's financial history and the specific surety provider's rates.

What are the key skills and qualifications needed to thrive in the Surety Manager position, and why are they important?

To thrive as a Surety Manager, you need strong knowledge of surety bonding, underwriting principles, risk assessment, and typically a bachelor’s degree in finance, business, or a related field. Familiarity with surety management software, financial analysis tools, and industry certifications such as AFSB (Associate in Fidelity and Surety Bonding) are often preferred. Exceptional communication, negotiation, and relationship-building skills help you collaborate effectively with clients, underwriters, and agents. These skills are essential for evaluating risk accurately, building strong client relationships, and achieving organizational goals in a competitive market.

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 financial obligations, and Collateral considers the assets available to secure the bond. As a Surety Manager, understanding these factors helps in evaluating risk and determining bond approval.

What is a Surety Manager job?

A Surety Manager is responsible for overseeing the issuance and management of surety bonds, which guarantee the financial and contractual obligations of clients. They assess risk, underwrite bond applications, and ensure compliance with industry regulations. Additionally, they build relationships with clients, brokers, and underwriters to facilitate bond approvals. A Surety Manager also monitors existing bonds, handles claims, and provides strategic recommendations to mitigate risk. Their role is crucial in supporting businesses that require bonding for projects and financial assurances.

What are the most common challenges a Surety Manager faces in their day-to-day work?

Surety Managers routinely navigate the complexities of evaluating new and ongoing bond requests, which require careful risk assessment and attention to compliance with regulatory standards. One common challenge is balancing the need to support clients with granting favorable terms while also protecting the company's interests. You will often need to troubleshoot unexpected claims, market fluctuations, and changing client needs, all while maintaining productive relationships with agents, brokers, and internal stakeholders. Success in the role involves adaptability, strong problem-solving skills, and the ability to stay up to date with industry trends and regulations.

What jobs make $3,000 a day?

Certain high-level roles such as senior corporate executives, specialized surgeons, and successful entrepreneurs can earn $3,000 or more per day. In the insurance industry, a Surety Manager may earn a substantial salary, but daily earnings of this level are typically associated with top executive positions or highly profitable business owners. Achieving this income often requires extensive experience, advanced skills, and significant responsibility.

Is surety a good career?

A Surety Manager oversees the underwriting and issuance of surety bonds, which are used to guarantee contractual obligations. The role requires strong analytical skills, knowledge of insurance and bonding processes, and often involves working with legal and financial documents. It can be a stable career with opportunities for advancement in the insurance and surety industries.
What are the most commonly searched types of Surety jobs in Minnesota? The most popular types of Surety jobs in Minnesota are:
What are popular job titles related to Surety Manager jobs in Minnesota? For Surety Manager jobs in Minnesota, the most frequently searched job titles are:
What cities in Minnesota are hiring for Surety Manager jobs? Cities in Minnesota with the most Surety Manager job openings:
Infographic showing various Surety Manager job openings in Minnesota as of July 2026, with employment types broken down into 100% Full Time. Highlights an 50% In-person, and 50% Remote job distribution, with an average salary of $76,330 per year, or $36.7 per hour.

AVP, Commercial Surety

Archgroup

Saint Paul, MN • On-site, Remote

$133K - $206K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 20 days ago


Job description

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility.

Job Summary

Assist in overseeing surety production and underwriting activities within the region. Establish and execute shared marketing plan with key producers and clients. Contribute to division's goals and objectives through prudent underwriting, risk selection, and portfolio management.

Responsibilities

  • Gather and analyze all relevant information, applying appropriate underwriting techniques, necessary to make an accurate evaluation of credit quality & acceptability of risk
  • Demonstrate strong surety bond product knowledge and ability to work with surety account management systems to document for complex commercial surety accounts.
  • Develop and maintain strong working relationships with assigned producers and cultivate new relationships
  • Responsible for developing and managing a book of business, meeting/exceeding profitability objectives as set forth by regional leadership. This includes building and growing strategic relationships as well as identifying new opportunities for business within the region
  • Continuously monitor assigned accounts to ensure compliance with Arch standards and make/recommend appropriate corrective actions as needed for risk mitigation
  • Prepare underwriting submissions, making recommendations and/or decisions within established authority limits and;

Key Competencies

  • Proficient in financial statement, credit and risk analysis
  • Ability to demonstrate sound business judgment in evaluation of the financial condition, experience, credit history and character
  • Strong communication and organizational skills
  • Ability to multi-task and prioritize workload to meet agreed upon expectations
  • Learns quickly and demonstrates an open attitude when faced with new problems, processes, or procedures.

Education

  • College degree in Business with successful completion of courses in Finance, Management, Accounting, Marketing, Economics or equivalent work experience.

Experience

  • Minimum of six years surety underwriting experience and/or equivalent surety related experience required.

#LI-JD1

#LI-Hybrid

#LI-Remote

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

$133,300 - $206,958/year

  • Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.

  • Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click here to learn more on available benefits.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you.If this job isn't the right fit but you're interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch's Talent Acquisition team.

For Colorado Applicants - The deadline to submit your application is:

July 09, 202614400 Arch Insurance Group Inc.