Jobs · Business Development · New York

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.

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