Post job

Commercial lines manager vs bond underwriter

The differences between commercial lines managers and bond underwriters can be seen in a few details. Each job has different responsibilities and duties. Additionally, a bond underwriter has an average salary of $78,172, which is higher than the $77,562 average annual salary of a commercial lines manager.

The top three skills for a commercial lines manager include risk management, insurance policies and insurance products. The most important skills for a bond underwriter are surety, financial strength, and bonds.

Commercial lines manager vs bond underwriter overview

Commercial Lines ManagerBond Underwriter
Yearly salary$77,562$78,172
Hourly rate$37.29$37.58
Growth rate-4%-4%
Number of jobs35,1606,164
Job satisfaction--
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 85%
Average age4444
Years of experience--

Commercial lines manager vs bond underwriter salary

Commercial lines managers and bond underwriters have different pay scales, as shown below.

Commercial Lines ManagerBond Underwriter
Average salary$77,562$78,172
Salary rangeBetween $56,000 And $107,000Between $53,000 And $113,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between commercial lines manager and bond underwriter education

There are a few differences between a commercial lines manager and a bond underwriter in terms of educational background:

Commercial Lines ManagerBond Underwriter
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 85%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Commercial lines manager vs bond underwriter demographics

Here are the differences between commercial lines managers' and bond underwriters' demographics:

Commercial Lines ManagerBond Underwriter
Average age4444
Gender ratioMale, 40.1% Female, 59.9%Male, 54.7% Female, 45.3%
Race ratioBlack or African American, 8.5% Unknown, 2.5% Hispanic or Latino, 9.9% Asian, 5.7% White, 72.9% American Indian and Alaska Native, 0.4%Black or African American, 8.0% Unknown, 2.5% Hispanic or Latino, 10.4% Asian, 5.9% White, 72.8% American Indian and Alaska Native, 0.4%
LGBT Percentage9%9%

Differences between commercial lines manager and bond underwriter duties and responsibilities

Commercial lines manager example responsibilities.

  • Analyze and manage export-import logistics for select Chilean products import to Spain.
  • Develop and execute marketing plan to drive new business, including in-person visits, telemarketing and distribution of marketing materials.
  • Process personal lines renewals or remarket as necessary.

Bond underwriter example responsibilities.

  • Manage AUS findings and analyze approvals and results accordingly.
  • Analyze construction companies for contract surety bond credit; conduct financial analysis of corporate financial statements.
  • Work closely with multiple insurance agents on underwriting fidelity bonds.
  • Obtain information from clients and underwrite and execute bonds as attorney-in-fact.
  • Determine desirability of surety accounts through review and financial analysis by working with agents and clients.
  • Review individual mortgage origination/post origination documentation and perform database research.
  • Show more

Commercial lines manager vs bond underwriter skills

Common commercial lines manager skills
  • Risk Management, 13%
  • Insurance Policies, 8%
  • Insurance Products, 8%
  • Insurance Carriers, 8%
  • Workers Compensation, 8%
  • Commercial Property, 7%
Common bond underwriter skills
  • Surety, 40%
  • Financial Strength, 19%
  • Bonds, 15%
  • Underwriting Guidelines, 8%
  • Contractor Clients, 4%
  • Loss Ratio, 3%

Browse business and financial jobs