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Account Manager - Surety (East)

Lockton
Posted 7 months ago, valid for 10 days
Location

Hartford, CT 06151, US

Salary

Competitive

Contract type

Full Time

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Sonic Summary

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  • The Surety Specialist role focuses on providing exceptional customer service while managing and coordinating client accounts related to bonds and services.
  • Candidates are expected to have a minimum of 3 years of experience in the surety or insurance industry, with strong skills in communication and documentation.
  • The position involves processing new and renewal billings, maintaining client information, and ensuring compliance with industry regulations.
  • The Surety Specialist will also engage with various departments to resolve billing discrepancies and support clients throughout the bond lifecycle.
  • The salary for this position ranges from $60,000 to $80,000, depending on experience and qualifications.

The Surety Specialist provides the highest level of customer service in servicing, supporting, and coordinating Client’s accounts.

  • Services designated book of business as relating to providing bonds and services for our clients
     
  • Responds to Client’s inquiries, maintains documentation of communications, existing issues, and issue resolution. 
     
  • Supports implementation of new bonds, collecting needed documentation, and reviewing obligation details with Client and Surety
     
  • Responds to Client’s inquiries, maintains documentation of communications, existing issues, and issue resolution. 
     
  • Process New and Renewal Billings along with AP and or RP billings accurately, as Needed 
     
  • Protect the confidentiality of information learned by performing the duties of the position
     
  • Processes needed documentation throughout the life of the bond
     
  • Informs Client of any and all changes that may affect surety premiums
     
  • Inputs Client information into data management system, ensuring accuracy and completeness
     
  • Creates and sends compliance communications as needed
     
  • Delegate invoicing to appropriate associate
     
  • Engages with Producer and Accounting Department to appropriately determine action plan and assist in collection efforts or billing discrepancies
     
  • Communicates in a positive manner to contribute to a cohesive, pleasant work environment
     
  • Assists other associates as needed
     
  • Performs other responsibilities and duties as needed


  • Ability to Create and send compliance communications as needed
     
  • Ability to Research industry trends and governmental regulations
     
  • Understands the overall business, operations, and bond/surety needs of the clients; anticipates when and how to respond.
    develops and maintains dependable working relationships with carriers and other providers.
     
  • Understands and keeps informed on bond/surety industry developments and all products available.
     
  • Has demonstrated the ability to build and Maintain effective relationships with clients to provide the best possible service on a timely basis. 
     
  • Self direct and performs at a high level 
     
  • Demonstrates critical thinking skills with the ability to identify and evaluate data 
     
  • Demonstrates Decision making skills by evaluating options accurately and establish priorities



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