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Phillips Insurance Agency, Inc.

Surety Bond Administrator

Career Insights for Contracts Administrator

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Scorecard

Based on Massachusetts data

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What they do

A Contracts Administrator reviews and manages business contracts for a company or organization. Reviews proposed contract terms and conditions, and communicates and negotiates with clients; confirms that contract terms have been met before a contract is closed out. Oversees the administration of contracts for equipment and supplies; may also deal with surplus or unclaimed property.

$83,986 / year median in Massachusetts

-7% projected decline

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Job Description

Surety Bond Administrator Phillips Insurance Agency, Inc. Chicopee, MA Job Details Full-time 13 hours ago Benefits Health insurance 401(k) Paid time off Vision insurance Qualifications Optimizing workflow processes Customer follow-ups Underwriting Process design Mid-level Managing clients in a finance role Client retention Coordinating with insurance clients Full Job Description Surety Bond Administrator
  • Direct contact for surety accounts.
  • Provide prompt service to construction clients for Bond execution
  • Preparation of indemnity agreements, Subordination agreements etc.
  • Follow up with clients for underwriting information on projects and for annual financial updates
  • Become proficient on preparing, billing and reporting final bonds including Surety 2000 on line program
  • Review and revamp work flows, job descriptions, etc.
  • Study for and earn the AFSB designation https://web.
theinstitutes.org/designations/associate-fidelity-and-surety-bonding Performance measured by 1. Bond accuracy 2. Client satisfaction 3. Account retention o Start date ASAP o Participation in all Phillips Insurance benefits plans when eligible o Hours 8:00 to 4:15 M-F.
Benefits:
401(k) Health insurance Paid time off Vision insurance
Work Location:
In person

Benefits

  • Paid Time Off (PTO)
  • 401(k) Plans
  • Health Insurance
  • Dental Insurance