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Commercial Surety Regional Manager

Job in Schaumburg, Cook County, Illinois, 60159, USA
Listing for: Swiss Re
Full Time position
Listed on 2026-01-12
Job specializations:
  • Management
    Risk Manager/Analyst
  • Insurance
    Risk Manager/Analyst
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
.

About the Role

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

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 the following years of 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%.

The estimated base salary range for this position is $156,000 to $246,000. The specific salary offered for any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.

Swiss Re has a hybrid work model where the expectation is that you will be in the office three days per week. The ideal location for this role is Schaumburg, Ill. Other locations within the central region would be entertained.

About Swiss Re Corporate Solutions

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.

Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

Equal Employment Opportunity Statement

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.

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