Surety Director

A Surety Director oversees the issuance and management of contract and commercial surety bonds, ensuring portfolio profitability and driving business development. Core responsibilities typically include risk assessment, agency relationship management, and strategic market growth.

Responsibilities

Analyze performance of portfolio and individual account performance and develop appropriate action to drive profitable growth; Review and approve complex underwriting decisions and high-authority bond requests in compliance with corporate risk appetite; Monitor risk selection, pricing choices, and contract/commercial surety program results; Manage department workflow, set performance metrics, and direct staff development; Formulate regional or national territory sales plans to hit top- and bottom-line financial objectives; Cultivate strong partnerships with key agents, brokers, and construction or corporate clients; Represent the firm in professional networks and industry associations like the NASBP or CFMA

Requirements

Bachelor's degree in finance, business, risk management, or a related field; Minimum of 5 to 10 years of progressive surety and portfolio management experience, including leadership history; Active Property and Casualty (P&C) license; Advanced financial statement and credit analysis; Expert knowledge of contract/commercial surety markets; Strong sales & negotiation abilities

Nice to have

Associate in Fidelity and Surety Bonding (AFSB) credential preferred

Benefits

Managed PTO for salaried/exempt employees; 12 company-observed paid holidays; 4 early-close days; Paid parental leave; Pregnancy disability and bonding leave; Organ donor/bone marrow donor leave; Employee referral bonus program of $1,500 per hired referral; Employee recognition programs and awards; Employee Resource Groups (Women's Coalition, EPIC Veterans Group); Mentorship Program; Tuition Reimbursement Program; Leadership Development; Pet Insurance; Identity Theft & Fraud Protection Coverage; Legal Planning; Family Planning; Menopause & Midlife Support; 401(k) matching; Medical insurance; Dental insurance; Vision insurance; Wellness & employee assistance programs; Bonuses may be available