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Surety Jobs in Indiana (NOW HIRING)

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Surety information

See Indiana salary details

$25.2K

$74.2K

$129.4K

How much do surety jobs pay per year?

As of Jul 28, 2026, the average yearly pay for surety in Indiana is $74,160.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,900.00 and $84,700.00 per year, depending on experience, location, and employer.

What are some common challenges faced by Surety professionals in their daily work?

Surety professionals often face the challenge of evaluating complex contract terms and accurately assessing the risks posed by clients, which requires staying up-to-date with changing regulations and industry practices. Juggling multiple bond requests simultaneously while ensuring compliance with both internal guidelines and external legal standards can be demanding. Effective collaboration with underwriters, legal counsel, and clients is essential to address unique bonding scenarios and resolve any issues that arise. Those who excel in critical thinking and communication typically find creative solutions and are better equipped to manage these daily challenges successfully.

What does a Surety professional do?

A Surety professional underwrites and evaluates financial risks for bonds that guarantee the performance or obligations of individuals and businesses. They assess applicants' creditworthiness, financial stability, and ability to fulfill contractual agreements. Surety professionals work with insurance companies, brokers, and clients to structure bond agreements, mitigate risks, and ensure compliance with legal and financial requirements. Their role is essential in industries like construction, finance, and government contracting.

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

To thrive in a Surety role, you need a solid understanding of financial analysis, risk assessment, and underwriting principles, often supported by experience in finance, insurance, or law. Familiarity with surety bond management systems, contract review tools, and relevant certifications such as the Associate in Fidelity and Surety Bonding (AFSB) are advantageous. Attention to detail, strong negotiation skills, and clear written and verbal communication set outstanding surety professionals apart. Mastery of these skills ensures accurate risk evaluation, fulfills client needs, and helps maintain trust and compliance within the field.

What are the most commonly searched types of Surety jobs in Indiana? The most popular types of Surety jobs in Indiana are:
What are popular job titles related to Surety jobs in Indiana? For Surety jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Surety jobs in Indiana look for? The top searched job categories for Surety jobs in Indiana are:
What cities in Indiana are hiring for Surety jobs? Cities in Indiana with the most Surety job openings:
Surety jobs near you
Infographic showing various Surety job openings in Indiana as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $74,160 per year, or $35.7 per hour.

Commercial Surety - Underwriting Specialist Surety (Remote/Hybrid)

thg

Indianapolis, IN • On-site, Remote

Other

Posted 21 days ago

Job description

Our Commercial Surety team is seeking an Underwriting Specialist to join our Central Region. This role is based in the Midwest, with a preference for candidates located in Illinois, Wisconsin, Indiana, or Michigan. We offer flexible work arrangements, including hybrid and fully remote options within those states, along with travel throughout the Midwest to support agency relationships, drive market development, and participate in key business meetings.

At The Hanover, our culture is grounded in our CARE Values—we care deeply about our people, our customers, and the communities we serve. We foster an inclusive, collaborative environment where experienced professionals are empowered to make decisions, share ideas, and grow their careers while contributing to shared business goals.

We are proud to be a diverse and inclusive organization committed to attracting, developing, and retaining top talent. We believe diverse perspectives strengthen our teams, enhance performance, and deepen the meaningful relationships we build with our colleagues, customers, and business partners every day.

We encourage all qualified applicants to apply.

THIS IS A FULL-TIME, EXEMPT ROLE.

POSITION OVERVIEW:

The Commercial Surety Department is seeking an experienced Underwriting Specialist to join the Central Region team. This role is responsible for the profitable underwriting growth,  and management of a commercial surety portfolio through strong technical expertise, agency relationships, and strategic business development.

IN THIS ROLE, YOU WILL:

  • Independently manage and grow an assigned book of commercial surety business with moderate to high technical complexity.
  • Identify, solicit, underwrite, and retain profitable new and renewal surety accounts aligned with underwriting appetite and portfolio objectives.
  • Develop and maintain strong agency, broker, and client relationships to support business growth and retention.
  • Analyze financial statements, operational exposures, bond obligations, and risk mitigation factors to make sound underwriting decisions.
  • Coordinate with internal and external stakeholders to evaluate complex submissions and obtain appropriate approvals.
  • Apply underwriting principles related to risk selection, exposure analysis, bond form review, loss analysis, and pricing.
  • Clearly communicate underwriting decisions, terms, and recommendations to agents and brokers.
  • Manage portfolio performance against premium, profitability, retention, product mix, and new business objectives.
  • Utilize marketplace and competitor intelligence to enhance decision-making and strengthen producer relationships.
  • Proactively market Hanover’s surety capabilities and identify opportunities for cross-selling across business units.
  • Stay current on industry trends, market conditions, and regulatory developments affecting the territory.

WHAT YOU NEED TO APPLY:

  • Bachelor’s degree or equivalent professional experience.
  • AFSB designation preferred
  • 2-5+ years of Commercial Surety underwriting experience.
  • 2–4+ years of successful agency relationship management and business development experience.
  • Strong understanding of commercial surety underwriting principles, financial analysis, pricing, and portfolio management.
  • Demonstrated ability to evaluate and negotiate complex surety risks.
  • Excellent written and verbal communication skills, including the ability to confidently deliver technical underwriting decisions.
  • Strong analytical, problem-solving, negotiation, and relationship-management capabilities.
  • Ability to adapt quickly to changing business conditions and embrace new approaches and ideas.

Apply