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Surety Bond Manager
1 month ago
The primary objective of a Surety Bond Manager is to provide support to the production team in the creation and maintenance of new and existing accounts. This role involves assisting in the management of a growing portfolio of small to medium-sized accounts, with opportunities for career advancement and exposure to large national accounts.
At Marsh McLennan, we believe in fostering a culture that encourages personal and professional growth. As a Surety Bond Manager, you will have access to training programs and resources that will enable you to develop your skills and knowledge in surety bond management.
As part of the Marsh McLennan team, you will be part of a network of professionals who are dedicated to delivering exceptional client service. Your role will involve working closely with cross-functional teams to ensure timely and accurate processing of bond requests.
Key Responsibilities:
- Support surety bond producers, account executives, and senior account managers in day-to-day operations and client interactions.
- Maintain effective communication and build strong relationships with clients and companies.
- Assist in gathering and organizing client information for bond requests.
- Assist with billing on renewals and handle receivables.
- Learn to evaluate financial statements to assess client creditworthiness.
- Aid in the preparation of documentation for the underwriting process.
- Collaborate with cross-functional teams to ensure timely and accurate processing of bond requests.
- Provide administrative support, including maintaining client records and managing correspondence.
- Assist in monitoring bond portfolios and preparing status reports.
- Stay updated on industry regulations, guidelines, and market trends.
- Have a strong understanding of surety bond products and services.
- Participate in training programs to enhance knowledge and skills in surety bond management.
Requirements:
- 3+ years of experience in surety bond management.
- High school diploma or equivalent, with some insurance courses preferred.
- Proficient in Microsoft Office, including Word, Excel, Outlook, and PowerPoint.
- Excellent communication and interpersonal skills.
- Strong organizational skills, with the ability to prioritize work, multitask, and meet deadlines.
- Results-oriented, with a strong client service orientation and proactive approach to solving client needs.
- Ability to work in a fast-paced environment.
- Detail-oriented, with a high level of accuracy in work.
What We Offer:
- Medical, dental, and vision insurance.
- 401(k) and company match program.
- Company-paid life and disability insurance.
- Employee Stock Purchase Plan (ESPP).
- Generous Paid Time Off (PTO) programs.
- Paid parental leave.
- Volunteer paid time off (VTO).
- Career mobility.
- Pet insurance.
- Employee Resource Groups (ERGs).
- Continuing education and training opportunities.
At Marsh McLennan, we are committed to fostering a culture that values diversity, equity, and inclusion. We believe that a diverse and inclusive workplace is essential to delivering exceptional client service and driving business success.
We are an equal opportunity employer and welcome applications from qualified candidates who share our values and commitment to excellence.