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Surety Bond Insurance Producer

Varney Agency
Posted 3 months ago, valid for 8 days
Location

New York, NY 10008, US

Salary

$80,000 - $200,000 per year

Contract type

Full Time

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Sonic Summary

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  • Varney Agency is looking for a Bonding Insurance Producer to assist construction and commercial clients in securing surety bonds for their projects.
  • The position requires a minimum of 10 years of experience in the Contract Surety or Construction Industry and an active Property & Casualty license or the ability to obtain one within 90 days.
  • Key responsibilities include generating new business, evaluating client financials, and matching clients with suitable surety markets.
  • The role demands strong financial literacy and excellent communication skills to maintain client relationships and manage program renewals.
  • Salary details are not specified in the job description.

Description

Overview:
Varney Agency is seeking a motivated Bonding Insurance Producer to help construction and commercial clients secure the surety bonds they need for projects and licensing. This role combines financial analysis, relationship-building, and strategic market placement with top surety companies. 


Key Responsibilities:

  • Generate new business through networking, prospecting, and industry events
  • Evaluate client financials, credit, and work-in-progress reports to negotiate appropriate surety program
  • Match clients with appropriate surety markets and prepare submissions
  • Provide ongoing business and financial guidance to help clients increase bonding limits
  • Maintain strong relationships with clients and surety underwriters
  • Manage program renewals and support clients through claims or disputes

Requirements

  • Active Property & Casualty license, or the ability to obtain within 90 days
  • 10+ Years operating in the Contract Surety or Construction Industry space
  • Strong financial literacy, including reading balance sheets and analyzing construction-specific financial schedules
  • Knowledge of the local construction industry, with a focus on public works
  • Excellent communication, public speaking, negotiation, and relationship-building skills



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