Selective Insurance · 1 day ago
Commercial Bond Manager
Short Hills, NJ
Full-time
Onsite
Senior Level, Lead/Staff
$149K/yr - $204K/yr
8+ years expSelective Insurance is a midsized U.S. domestic property and casualty insurance company with a strong financial history. The Commercial Bond Manager is responsible for supervising bond production, underwriting activities, and establishing agency relationships to drive profitability in commercial surety.
FinanceFinancial ServicesInsurance
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
Qualification
Required
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
Preferred
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
Benefits
Comprehensive health care plans
Retirement savings plan with company match
Discounted Employee Stock Purchase Program
Tuition assistance and reimbursement programs
20 days of paid time off
Company
Selective Insurance
At Selective, we maintain a commitment to provide unique insurance solutions that help keep the families and businesses of our communities protected.
1001-5000 employees
H1B Sponsorship
Selective Insurance has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (45)
2024 (32)
2023 (43)
2022 (30)
2021 (29)
2020 (25)
Funding
Current Stage
Public CompanyTotal Funding
$400M2025-02-25Post Ipo Debt· $400M
1978-01-13IPO
Leadership Team
John Marchioni
President and CEO
Patrick S. Brennan
Chief Financial Officer
Recent News
2025-12-09
2025-11-11
Company data provided by crunchbase