Senior Bond Account Manager
Marshall+Sterling · Latham, NY · 2 mo ago
HybridBusiness Development$100k/yrFull-time
About the role
Join the growing surety team at Marshall+Sterling as a Senior Bond Account Manager, where you’ll play a key role in managing complex contractor and commercial surety accounts while serving as a trusted advisor to clients, producers, and carriers.
Responsibilities
- Manage complex contractor and commercial surety accounts as the primary client contact and trusted advisor.
- Analyze contractor financial statements, work-in-progress reports, and underwriting data to assess bond capacity and support strategic surety program recommendations.
- Prepare and present underwriting submissions while negotiating bond terms, capacity, and pricing with surety carriers.
- Issue and manage bid, performance, payment, and commercial surety bonds while ensuring timely execution and compliance.
- Partner with producers on new business opportunities, client presentations, and growth strategies.
- Build strong relationships with clients, carriers, CPAs, attorneys, and project stakeholders to support successful bonding outcomes.
- Mentor junior team members and contribute technical expertise to the continued growth of the surety practice.
Qualifications
- Minimum 5 years of direct surety experience in an agency or carrier underwriting role.
- Demonstrated ability to read and analyze contractor financial statements, including WIP schedules and CPA-prepared reports.
- Working knowledge of contract surety (bid, performance, payment) and commercial surety bond types (license & permit, court, fidelity, public official, ERISA).
- Active Property & Casualty insurance license, or ability to obtain within 90 days of hire.
- Strong written and verbal communication skills, with the ability to articulate complex underwriting positions clearly to clients and carriers.
- Proficiency with agency management systems and Microsoft Office (Excel, Word, Outlook).
Preferred Qualifications
- 7–10+ years of surety experience, including direct carrier underwriting tenure with one of the major surety markets (Travelers, Liberty Mutual, Merchants, Zurich, CNA, Hartford, or similar).
- Existing relationships with regional surety underwriters at agency-appointed carriers.
- AFSB (Associate in Fidelity and Surety Bonding) designation or active progress toward completion.
- Experience supporting general contractors, heavy civil contractors, or specialty trade contractors with annual revenue of $10M+
Total Rewards Package
- Compensation: $100,000 - $130,000, based experience.
- Benefits: Comprehensive package including Medical, Dental, Vision, 401(k) with match, Generous Paid Time Off (PTO), thirteen paid holidays, company-paid life insurance for you and your dependents, employee assistance fund and programs, wellness perks, and more!
- Employee Stock Ownership Program: As a 100% Employee-owned Company, Marshall+Sterling Offers You The Unique Opportunity To Build Long-term Wealth While Growing Your Career.