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$26.5K

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How much do surety manager jobs pay per year?

As of Jun 5, 2026, the average yearly pay for surety 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.

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 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 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.
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Surety Manager jobs near you

Surety Underwriting Manager

Iatinsurancegroup

Greenwood Village, CO • Hybrid

$120K - $170K/yr

Full-time

Medical, Retirement, PTO

Posted 13 days ago

Job description

IAT Insurance Group has an immediate opening for a Surety Underwriting Manager in our Greenwood Village, Colorado location. This role will work with both contract and commercial surety. This role will act to serve as a point member of our underwriting team, handling routine underwriting responsibilities including but not limited to the below, in a fashion consistent with the company policy and procedures. This involves interfacing with regional office Underwriters, various home office personnel, agents, and principals. This role works a hybrid schedule from an IAT Office. The hybrid schedule reflects our values (thinking and acting like an owner, collaboration, and teamwork) as it requires working from the office with colleagues Monday through Wednesday, with the option of working Thursday and Friday remotely.
Responsibilities
  • Financial and account analysis of pertinent financial data, authority, and referral requirements for consideration of new, existing, and renewal business.
  • Requesting and gathering financial information on assigned accounts.
  • Bond renewal preparation and determination on whether bonds should be canceled.
  • Maintain Agency relationships and provide exceptional service and support. May have authority to underwrite low-value bonds and renewals.
  • Provide general direction to the Bond Underwriting Assistants for bond processing.
  • Provide quality recommendations to Branch and Home Office Reports on assigned accounts and agents.
  • Rate and review bonds for premium and classification accuracy.
  • Ensure the accuracy and completeness of files and verify that all necessary documentation is complete in the file.
  • Act as the primary service contact and visit agents assigned by the Regional Manager in order to foster and maintain an ongoing relationship.
  • Accurately communicate knowledge of assigned accounts to Branch and Home Office personnel via written and verbal means.
  • Prioritize workflow to ensure work is done in a timely fashion and all deadlines are met.
  • Other job-related duties as required.
Qualifications:
Must-Have:
  • Bachelor's degree in Risk Management, Finance, Mathematics, Business, or related with at least 7 years' experience in surety or equivalent.
  • Equivalent is defined as 11 years of relevant finance experience.
  • Must have a thorough knowledge of the Surety industry along with an analytical skillset, which includes a minimum of 5 years of working in the industry.
  • Must possess the ability to appropriately apply loss development and advanced loss analysis concepts to achieve optimal pricing of a risk.
  • Must possess the ability to creatively utilize reinsurance on individual risks to achieve company objectives.
  • To qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes.
Preferred to Have:
  • AFSB industry designations
  • Experience with contract and commercial surety
Compensation:
Please note, that the annual gross salary range associated with this posting is $120,000 to $170,000. This range represents the anticipated low and high end of the base salary for this position. The total compensation will include a base salary, performance-based bonus opportunities, 401(K) match, profit-sharing opportunities, and more. Actual salaries will vary based on factors such as a candidate's qualifications, skills, competencies, and geographical location related to this specific role.
To view details of our full benefits, please visit https://www.iatinsurancegroup.com/careers/benefits

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IAT Insurance Group is the largest private, family-owned property and casualty insurer in the U.S. Insurance Answers Together is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers.

At IAT, we're committed to driving and building an open and supportive culture for all. Our employees propel IAT forward - driving innovation, stable partnerships and growth. That's why we continue to build an engaging workplace culture to attract and retain the best talent.

We offer comprehensive benefits like:

  • 26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off
  • 7% 401(k) Company Match and additional Profit Sharing
  • Hybrid work environment
  • Numerous training and development opportunities to assist you in furthering your career
  • Healthcare and Wellness Programs
  • Opportunity to earn performance-based bonuses
  • College Loan Assistance Support Plan
  • Educational Assistance Program
  • Mentorship Program
  • Dress for Your Day Policy

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.

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