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Commercial Surety Regional Manager

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Swiss Re
Full Time position
Listed on 2026-01-02
Job specializations:
  • Management
    Risk Manager/Analyst, Business Management
Salary/Wage Range or Industry Benchmark: 156000 - 246000 USD Yearly USD 156000.00 246000.00 YEAR
Job Description & How to Apply Below
Position: Commercial Surety Regional Manager - Central

Commercial Surety Regional Manager - Central

Join to apply for the Commercial Surety Regional Manager - Central role at Swiss Re.

Underwrite and manage the Central region for the Commercial Surety business unit. Responsibilities include approving all commercial and commercial contract surety bonds within your authority, leading a team of underwriters, managing agency relationships, marketing for new business, and budgeting and planning for the region. The goal is to achieve minimum loss ratio and maximum profitability.

Essential Responsibilities
  • Effectively manage a team of underwriters.
  • Develop a one-to-three-year regional strategic plan (including revenue, commissions, expenses, and claims).
  • Manage the expense budget for the Central region.
  • Ensure profitable underwriting decisions through appropriate financial analysis and credit review.
  • Review and approve new and renewal business within parameters of granted authority.
  • Maintain current underwriting files in accordance with the Swiss Re Surety Group Procedure Manual for Commercial Surety.
  • Enhance existing agency relationships while identifying and securing new agency relationships.
  • Maintain a strong working relationship with internal departments such as Claims, Legal, Operations, and Accounting.
  • Ensure strong visibility by participating and attending external and internal functions, including Swiss Re Corporate Solutions Surety Group regional meetings, as required.
  • Manage any special projects as delegated by the Zone leader.
About You
  • Bachelor's Degree with emphasis in business, preferably finance or accounting, or relevant experience in commercial surety underwriting.
  • 10+ years of surety underwriting experience.
  • Strong marketing skills and ability to obtain new business and work with commercial clients.
  • Experience managing a team.
  • Strong competency in quantitative and financial analysis.
  • Effective written and verbal communication skills.
  • Competent computer skills, including knowledge of Excel and Word.
  • Ability to travel up to 35%.
Salary & Compensation

Estimated base salary range: $156,000 to $246,000. Compensation is based on location, role scope, qualifications, and experience.

Work Model

Hybrid work model with expectation to be in office three days per week. Ideal location:
Schaumburg, Ill.; other locations within the Central region may be considered.

Equal Opportunity Employer

Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.

During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.

Reference Code: 136214

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