Berkley

Contract Surety Manager

Berkley$110K — $150K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of surety industry or related experience required.
  • Demonstrated ability to analyze financial statements and contracts.
  • Strong oral and written communication skills for effective correspondence.
  • Proficiency in automation tools like Word and Excel for efficiency.
  • Ability to manage medium to complex information efficiently.
  • Self-motivated with a strong customer focus and team orientation.

Responsibilities

  • Manage, produce, and underwrite new and renewal business from agents and brokers.
  • Achieve budgeted financial results including premium and expense management.
  • Collaborate with colleagues and external associates to support objectives.
  • Independently underwrite and manage a portfolio of accounts effectively.
  • Develop and leverage strong agency and client relationships.
  • Plan and execute travel to build and maintain producer relationships.
  • Communicate company objectives and foster trust through professionalism.

Benefits

  • Health, dental, and vision insurance.
  • Life and disability insurance.
  • Wellness programs and paid time off.
  • 401(k) and profit-sharing plans.
  • Participation in annual discretionary bonuses.
Full Job Description
Responsibilities

The Manager 6 Contract is responsible for managing, producing, and underwriting new and renewal business from assigned agents and brokers in the primary line of business. This role focuses on achieving budgeted financial results through new business acquisition, retention, effective price management, and active participation in planning and expense management while developing strong agency relationships.

6

6 Manage, produce, and underwrite new and renewal business from assigned agents and brokers in the primary line of business. 6 Achieve budgeted financial results including premium volume, loss ratio, premium collections, and expense management (including commissions) through new business acquisition, retention, and effective price management. 6 Execute personal and branch objectives and strategies to produce budgeted results and actively participate in the planning and expense management process. 6 Interact and collaborate with Line of Business colleagues and internal/external business associates to support business objectives. 6 Independently underwrite, assess, and manage an assigned portfolio of accounts in particular line(s) of business, including both performance and non-performance bonds. 6 Develop and leverage agency and client relationships through a high level of visibility with agents, brokers, and clients. 6 Plan and execute regular travel to develop and enhance new and existing producer and account relationships, including visiting accounts, preparing and sharing meeting agendas, obtaining follow-up documentation, and submitting timely detailed submission memos for appropriate credit approval. 6 Communicate the mission and objectives of the Company in account meetings with confidence, clear communication, good listening skills, professionalism, and empathy to be a trusted adviser and valued partner. 6 Maintain and manage workflow and communications with agency representatives in the assigned territory, meeting all company standards and expectations. 6 Communicate acceptance or rejection of new and existing accounts while working to establish and enhance the Company 2s brand. 6 Ensure accurate underwriting documentation and information in account management systems, adhere to documentation standards, and maintain the accuracy and integrity of account files. 6 Participate in the premium budget and expense process for the profit center. 6 Keep management apprised of issues of importance to the Branch and the Company. 6 Assist in or be directly responsible for the development, mentoring, coaching, or supervision of Executive Underwriters, Senior Underwriters, Underwriters, Associate Underwriters, or Underwriting Trainees, as appropriate. 6 Perform other duties as assigned.

Qualifications

Qualifications:

6

6 Demonstrated ability to read, analyze, discuss, and interpret financial statements, bond forms, contract documents, and government regulations and reach appropriate risk assessment conclusions. 6 Effective oral and written communication skills, including the ability to write clear and effective reports and business correspondence so that others clearly understand the content and intent. 6 Ability to provide well-developed recommendations in support of new and existing accounts and client bond needs. 6 Strong analytical and decision-making skills with the ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. 6 Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form. 6 Proficiency with automation tools provided by Berkley Surety Group (e.g., Word, Excel, PowerPoint, Lotus Notes, underwriting systems). 6 Ability to organize and effectively handle medium to complex volumes of information. 6 Ability to work independently and in a team environment. 6 Self-motivation and an outgoing orientation with a strong customer focus.

6

Education Requirement

6 Minimum 4-year degree or related industry experience. 6 Business, Finance, or Accounting majors preferred, but not required. 6 10+ years of surety industry or related experience required. 6 Banking or credit analysis background is a plus.

Additional Company DetailsWe do not accept unsolicited resumes from third party recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees including: 6 Base Salary Range: $110k-$150k 6 Eligible to participate in annual discretionary bonus 6 Benefits include: Health, dental, vision, dental, life, disability, wellness, paid time off, 401(k) and profit-sharing plans The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. Sponsorship DetailsSponsorship not Offered for this Role

About Berkley

Berkley is a packaging company that develops innovative solutions to help our customers sell more product and be on the edge. Berkley offers the cost advantages and creative control of an in house/on site agency without the risk and hassle of oversight. Berkley develops turnkey retail environments – including design, manufacturing and installation services.

Berkley Careers

Joining Berkley presents a prime opportunity to be part of a team renowned for its leadership in the industry, fostering innovation and growth. Berkley, a company committed to professional excellence and diversity, offers a range of job opportunities that cater to various skills and career aspirations.

Explore Job Opportunities

Berkley is actively hiring, seeking individuals who are passionate, driven, and ready to contribute to a dynamic team environment. With a variety of positions available, Berkley provides a platform for professionals at every stage of their career, from entry-level to senior leadership roles.

Internship Programs

Kickstart a career with Berkley through comprehensive internship programs designed to provide hands-on experience in a real-world setting. Internships at Berkley are a gateway to full-time employment, offering invaluable industry exposure and networking opportunities.

Professional Growth and Development

Berkley is dedicated to the continuous professional development of its team members. The company supports career advancement through leadership training programs, workshops, and seminars that enhance skills and foster innovation.

Diversity and Inclusion

At Berkley, diversity is celebrated and actively promoted through various initiatives and diversity training programs. The company believes that a diverse workforce is key to driving creativity and innovation.

Benefits and Culture

Employees at Berkley enjoy a range of benefits designed to support their professional and personal lives. The company culture emphasizes teamwork, respect, and integrity, creating an environment where everyone can thrive.

Applying for a Position

To apply for a position at Berkley, candidates are encouraged to submit a resume that highlights relevant experience and skills. The interview process is designed to assess not only professional qualifications but also a candidate's fit with Berkley's culture and values.

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Learn more about Berkley
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51 employees
Industry

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