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Commercial Bond Manager

Selective Insurance
USD $149,000.00 - USD $204,000.00 /Yr.
paid time off, tuition assistance
United States, New Jersey, Short Hills
Jan 09, 2026
About Us

At Selective, we don't just insure uniquely, we employ uniqueness.

Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years. Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2025 and certification as a Great Place to Work in 2025 for the sixth consecutive year.

Employees are empowered and encouraged to Be Uniquely You by being their true, unique selves and contributing their diverse talents, experiences, and perspectives to our shared success. Together, we are a high-performing team working to serve our customers responsibly by helping to mitigate loss, keep them safe, and restore their lives and businesses after an insured loss occurs.


Overview

Responsible for the supervision of bond production, underwriting activities and management functions. Oversee the acceptance, declination and rating of risks. Responsible for meeting profitability goals within commercial surety. Works in conjunction with the Small Business Team to ensure the proper underwriting of new and renewal surety business. Establishes and develop agency relationships for new marketing opportunities in commercial bond product lines. Reviews and determines appropriate underwriting business decisions within assigned region. All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements.


Responsibilities

  • Markets to agency force, establishing and developing solid agency relationships.
  • Conducts underwriting meetings. Mediates issues between agents, insureds, and other departments. Provides exceptional customer service.
  • Evaluates new business and renewal submissions from underwriting staff to determine appropriateness.
  • Underwrites accounts that exceed field authority. Prepares and submits concise, fully developed underwriting recommendations, as required, for submission to management.
  • Supervises, coordinates, and monitors activities of staff to ensure accurate, quality work, while maintaining high production standards.
  • Monitors and ensures the achievement of the region's profitability and production goals and keeps abreast of current market conditions that affect business levels.
  • Uses bond system automation and enhancements to improve efficiency within assigned region.
  • Supervises the training and cross-training process of subordinate staff.
  • Ensures that agency force is adequately trained and supported on the use of company systems.
  • Educates and assists AMS staff with bond production to produce cross-sell opportunities and new leverage points with agency plant.
  • Communicate with regional management and other underwriting business units about marketing activities, successes and issues.
  • Work with SBU to help determine Strategic and tactical goals and initiatives to drive profitable growth.
  • This includes setting goals for agents in conjunction with SBU with input from Insurance Ops Management in region.
  • Must have a valid license and be able to drive an automobile to support company travel within territory.
  • Travel represents 5%-50% of employee's time.

Qualifications

  • Highly proficient written and verbal communication skills.
  • Possesses extensive underwriting technical skills and broad knowledge of company products and underwriting guidelines.
  • Highly effective influencing and negotiation skills.
  • Highly effective ability to develop relationships with internal and external customers/peers.
  • Ability to solve problems and make sound decisions based on diverse perspectives and effective use of data in a timely manner, even when faced with imperfect information.
  • Effectively manages and executes on the appropriate balance between strategic thinking and attention to detail.
  • Ability to effectively train, coach and mentor.
  • Demonstrated ability to manage projects.
  • Fosters teamwork, collaboration, and a positive work environment.
  • Acts as an early adopter and champion of new initiatives that align with organizational strategies.
  • Highly proficient in use of all supplied desktop tools, including the automated underwriting and email systems.
  • Must have valid state-issued driver's license in good standing.
  • College degree in Accounting, Finance, or related field preferred.
  • Minimum of 8 years accounting and/or financial statement analysis preferred.
  • Minimum of 8 years Surety and Fidelity underwriting experience preferred.
  • Previous experience working in a construction environment, accounting, auditing, or banking field highly desired.

Total Rewards

Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and 20 days of paid time off. Additional details about our total rewards package can be found by visiting our benefits page.

The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprint. Additional considerations include relevant education, qualifications, experience, skills, performance, and business needs.


Pay Range

USD $149,000.00 - USD $204,000.00 /Yr.
Additional Information

Selective is an Equal Employment Opportunity employer. That means we respect and value every individual's unique opinions, beliefs, abilities, and perspectives. We are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences - and empowers employees to contribute new ideas that support our continued and growing success. Building a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusion. We expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinions.

For Massachusetts Applicants

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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