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Surety Bond Specialist - Insurance and Claims

Turner Construction
Saddle Brook, NJ Full Time
POSTED ON 1/24/2025 CLOSED ON 2/5/2025

What are the responsibilities and job description for the Surety Bond Specialist - Insurance and Claims position at Turner Construction?

Job Summary

We are seeking a skilled Surety Bond Specialist to join our team at Turner Construction. The ideal candidate will have a strong background in insurance and claims, with the ability to analyze complex contract documents and provide expert advice to clients.

About the Role

This is a salaried exempt position that offers a competitive salary of $80,000 - $110,000 per year, depending on experience. As a Surety Bond Specialist, you will be responsible for:

  • Underwriting all bond requests by independently analyzing contract documentation from clients;
  • Recommending and implementing changes or corrections to contract language as needed;
  • Determining appropriate bond types and limits for projects;
  • Ppreparing bond premium quotations and issuing required bond forms;
  • Negotiating with surety companies for bond terms and conditions;
  • Providing technical guidance to clients on bonding capacity, requirements, and needs;
  • Working in multiple RMIS systems, including SurePath, Sagitta, Image Right, and client proprietary systems.

You will also have the opportunity to work with individuals at all levels, both internal and external, and leverage systems to improve workflow in response to regulatory changes.

Qualifications

To be successful in this role, you will need:

  • Bachelor's degree in Insurance, Risk Management, Finance, Business Administration or similar program;
  • A minimum of five years' experience in surety; or an equivalent combination of education, training, and/or experience;
  • Broker's license required;
  • AFSB desired;
  • Proven written and verbal communication abilities;
  • Proficiency with computer applications, including Microsoft Office suite and RMIS systems;
  • Demonstrated ability to read, understand, and interpret complex contract and insurance documents and forms;
  • Demonstrated strong interpersonal skills.

If you are a motivated and detail-oriented professional looking to take your career to the next level, we encourage you to apply for this exciting opportunity.

Salary : $80,000 - $110,000

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