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AVP, Commercial Surety

Job in Chicago, Cook County, Illinois, 60601, USA
Listing for: Arch Capital Group
Full Time position
Listed on 2026-07-12
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Underwriter
Salary/Wage Range or Industry Benchmark: 133300 - 206958 USD Yearly USD 133300.00 206958.00 YEAR
Job Description & How to Apply Below

Job Title

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Job Description

Assist in overseeing surety production and underwriting activities within the region. Establish and execute shared marketing plan with key producers and clients. Contribute to division's goals and objectives through prudent underwriting, risk selection, and portfolio management.

Responsibilities

Gather and analyze all relevant information, applying appropriate underwriting techniques, necessary to make an accurate evaluation of credit quality & acceptability of risk

Demonstrate strong surety bond product knowledge and ability to work with surety account management systems to document for complex commercial surety accounts.

Develop and maintain strong working relationships with assigned producers and cultivate new relationships

Responsible for developing and managing a book of business, meeting/exceeding profitability objectives as set forth by regional leadership. This includes building and growing strategic relationships as well as identifying new opportunities for business within the region

Continuously monitor assigned accounts to ensure compliance with Arch standards and make/recommend appropriate corrective actions as needed for risk mitigation

Prepare underwriting submissions, making recommendations and/or decisions within established authority limits and;

Key Competencies

Proficient in financial statement, credit and risk analysis

Ability to demonstrate sound business judgment in evaluation of the financial condition, experience, credit history and character

Strong communication and organizational skills

Ability to multi-task and prioritize workload to meet agreed upon expectations

Learns quickly and demonstrates an open attitude when faced with new problems, processes, or procedures.

Education

College degree in Business with successful completion of courses in Finance, Management, Accounting, Marketing, Economics or equivalent work experience.

Experience

Minimum of six years surety underwriting experience and/or equivalent surety related experience required.

The base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

$133,300 - $206,958/year

Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.

Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability;
Paid Parental Leave of up to 10 weeks;
Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more.

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