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Surety Underwriter Jobs (NOW HIRING)

Senior Underwriter, Surety

Minnetonka, MN · On-site

$100K - $118K/yr

The Senior Surety Underwriter's primary responsibility is to underwrite individual surety risks through a demonstration of the following skills and abilities: * Fundamental Surety Underwriting.

New

Senior Underwriter, Surety

Minnetonka, MN · On-site

$100K - $118K/yr

The Senior Surety Underwriter's primary responsibility is to underwrite individual surety risks through a demonstration of the following skills and abilities: * Fundamental Surety Underwriting.

New

Executive Surety Underwriter

Los Angeles, CA · On-site

$123.86 - $163.37/hr

UFG is currently hiring an Executive Surety Underwriter who will actively work towards building and maintaining a profitable mix of new and existing surety business by developing and maintaining ...

Showing results 41-60

Surety Underwriter information

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$557

$673

$759

How much do surety underwriter jobs pay per week?

As of Aug 10, 2026, the average weekly pay for surety underwriter in the United States is $673.08, according to ZipRecruiter salary data. Most workers in this role earn between $625.00 and $721.15 per week, depending on experience, location, and employer.

Is surety underwriting a good career?

Surety underwriting is a stable career that involves evaluating and approving surety bond applications for businesses. It requires strong analytical skills, knowledge of insurance and financial principles, and often involves working with insurance companies or brokers. The role can offer opportunities for advancement and professional development in the insurance industry.

What are some common challenges faced by surety underwriters, and how can they be addressed?

Surety Underwriters often face the challenge of assessing the risk of unique or complex projects, especially when clients have limited credit history or operate in volatile industries. Balancing the need to support clients with prudent risk management requires strong analytical skills and sound judgment. Collaboration with agents, legal teams, and clients is critical to gather accurate information and construct tailored solutions. Staying updated on industry trends and regulatory requirements also helps underwriters navigate evolving risks and make informed decisions.

What are the key skills and qualifications needed to thrive as a surety underwriter?

To thrive as a Surety Underwriter, you need a solid understanding of finance, risk analysis, and underwriting principles, often supported by a bachelor's degree in business, finance, or a related field. Familiarity with industry tools like underwriting software, financial statement analysis systems, and relevant certifications such as AFSB (Associate in Fidelity and Surety Bonding) is highly valuable. Strong analytical thinking, negotiation skills, and effective communication are essential soft skills for building client relationships and making sound judgments. These competencies are crucial for accurately assessing risk, ensuring profitable decisions, and maintaining trust with clients and stakeholders.

How much do surety underwriters make?

Surety underwriters typically earn a median annual salary between $70,000 and $100,000, depending on experience, location, and employer size. Senior underwriters or those with specialized skills can earn higher salaries, often exceeding $120,000 annually. Compensation may also include bonuses and benefits related to their underwriting performance and industry certifications.

What is the difference between Surety Underwriter vs Claims Adjuster?

AspectSurety UnderwriterClaims Adjuster
CredentialsTypically requires a bachelor's degree in finance, insurance, or related field; certifications like CPCU or ARM are commonRequires a bachelor's degree; certifications like AIC or CPCU are advantageous
Work EnvironmentWorks in insurance or surety companies, assessing bond applications and riskWorks in insurance companies, investigating and settling claims
Industry UsagePrimarily in surety and bonding industryPrimarily in property and casualty insurance

While both roles involve risk assessment and require similar credentials, Surety Underwriters focus on evaluating bond applications and underwriting risks in the surety industry. Claims Adjusters handle claims after losses occur, focusing on settlement and investigation. Understanding these differences helps clarify career paths and employer expectations in the insurance industry.

What is a surety underwriter?

A Surety Underwriter is a professional who evaluates and assesses the risk involved in issuing surety bonds, which are financial guarantees that ensure contractual obligations are fulfilled. They analyze applicants’ financial statements, credit reports, and business operations to determine the likelihood that obligations will be met. Based on their analysis, they decide whether to approve bond applications and on what terms. Surety underwriters play a critical role in industries like construction, where bonds are often required for projects. Their decisions help protect both the obligee (the party requiring the bond) and the surety company from financial loss.
More about Surety Underwriter jobs
What cities are hiring for Surety Underwriter jobs? Cities with the most Surety Underwriter job openings:
What are the most commonly searched types of Surety Underwriter jobs? The most popular types of Surety Underwriter jobs are:
What states have the most Surety Underwriter jobs? States with the most job openings for Surety Underwriter jobs include:
Infographic showing various Surety Underwriter job openings in the United States as of August 2026, with employment types broken down into 95% Full Time, 2% Part Time, and 3% Contract. Highlights an 71% Physical, 9% Hybrid, and 20% Remote job distribution, with an average salary of $35,000 per year, or $16.8 per hour.

Senior Underwriter, Surety

Chubb

Minnetonka, MN • On-site

$100K - $118K/yr

Full-time

Posted 3 days ago

New


Chubb rating

8.2

Company rating: 8.2 out of 10

Based on 66 frontline employees who took The Breakroom Quiz

141st of 304 rated insurance


Job description

The Senior Surety Underwriter's primary responsibility is to underwrite individual surety risks through a demonstration of the following skills and abilities:

  • Fundamental Surety Underwriting. Ability to underwrite surety credits which generate a profit for the Company while meeting the needs of the customer.
  • Risk Assessment. Ability to identify risk exposures, analyze contracts and bond forms. Ability to analyze and differentiate risks on an account specific basis. Manage underwriting meetings with customers to understand operations and internal controls.
  • Financial proficiency. Sophisticated understanding of financial statements and ratios used in surety underwriting. Understanding of the impact of underwriting decisions on company results. Ability to understand credit risk.
  • Actuarial fundamentals. Ability to understand loss trends, loss triangles, and ratemaking. Ability to quantify risk based on experience history and forecasting methods.
  • Marketing and communications. Ability to build relationships, internally and externally, to grow the book of business to achieve bottom line profitability for the Company. Ability to make presentations and communicate articulately. Ability to base communications on strategic thinking. Ability to manage producer strategy.
  • Systems and programs. Ability to use systems and software programs needed to conduct daily business.
     

Major Duties & Responsibilities:

  • Marketing and prospecting for new business, primarily through travelling throughout the assigned territory. 
  • Travel expectations 10-25% with flexible territory options.
  • Documents the underwriting files
  • Determines terms and conditions and complex rating plans
  • Handles more complex files and portfolios
  • Guides and mentors junior staff
Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.
  • Knowledge of surety industry
  • Knowledge of underwriting concepts, practices, and procedures
  • Strong organization skills
  • Microsoft Word, Excel, and Outlook
  • Internet usage
  • Oral and written communication skills
  • Negotiation skills
  • Marketing skills
  • Basic leadership skills
  • Dedication to providing great customer service 

Education & Experience:

  • Bachelor's degree in accounting, finance, economics, or marketing preferred
  • 3+ years surety underwriting experience
  • Achieved or working towards achieving the AFSB (Associates in Fidelity and Surety Bonding) designation

What Chubb employees say

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About Chubb

Sourced by ZipRecruiter

Chubb is the world's largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. We are a unique global organization with a culture of individuals passionately committed to our respective crafts. With underwriting at our core, each of us contributes to providing the best insurance coverage and service to our clients. Our highly collaborative, inclusive nature helps us drive better business outcomes through diversity of background, experiences, insights and values.

Industry

Insurance services

Company size

10,000+ Employees

Headquarters location

Warren, NJ, US