Compensation Range
$63,700.00 - $72,800.00 Annual Salary
Job Description Summary:
The Bonding Specialist coordinates and administers surety bond activities for construction projects, partnering with project teams, accounting, legal, brokers, and surety providers to ensure timely bond issuance and compliance. This role maintains accurate bond records, supports underwriting and risk management efforts, and delivers responsive service in a fast-paced, deadline-driven environment.
Job Description:
Position Responsibilities and Duties
- Coordinate with project teams, estimating, preconstruction, operations, accounting, legal, brokers, and surety partners to procure bid bonds, payment bonds, performance bonds, dual-obligee bonds, subcontractor payment and performance bonds, lien release bonds, bond riders, consent of surety documents, and other surety instruments as needed.
- Review bond requests for completeness, including project name, legal entity, obligee information, contract amount, bid date, bond amount, project description, contract form, delivery requirements, and any special owner or lender requirements.
- Work with Swinerton’s surety broker and surety carriers to obtain timely bond issuance, revisions, riders, extensions, increases, cancellations, and other bond-related documentation.
- Support bid and proposal teams by tracking bid deadlines, confirming bond requirements, coordinating bid bond delivery, and helping resolve urgent bonding needs before submission deadlines.
- Coordinate payment and performance bond issuance after award, including confirmation of contract values, obligee names, legal entity, contract execution status, bond forms, notarization requirements, powers of attorney, seals, and delivery of originals or electronic copies as required.
- Assist with subcontractor payment and performance bond administration, including communicating Swinerton-approved bond form requirements, reviewing bond documentation for completeness, tracking receipt of original bonds, and escalating nonconforming bonds for review.
- Coordinate bonds around subcontractor liens, mechanics liens, amended liens, stop payment notices, and similar project payment disputes, in collaboration with project teams, legal, accounting, and surety partners.
- Support bond riders and increases related to contract changes, amended lien amounts, change orders, owner-required increases, lender requirements, or other project-driven adjustments.
- Maintain accurate bond logs and electronic files, including bond numbers, surety information, project names, obligees, bond amounts, premiums, status, delivery dates, riders, invoices, and closeout notes.
- Coordinate review, coding, routing, and tracking of bond premiums and invoices with accounting and project teams; assist with final bond invoicing and closeout processes.
- Help project teams understand general bonding processes, timing, required information, and documentation standards, while escalating coverage, contract, claim, legal, or risk interpretation questions to the appropriate Risk Management or Legal team member.
- Support surety relationship management by helping gather project, backlog, financial, claims, and operational information needed for underwriting, capacity discussions, and periodic surety meetings.
- Maintain confidentiality regarding project pursuits, pricing, underwriting information, legal matters, financial information, bond claims, and other sensitive corporate or project information.
- Respond to emails, Teams messages, phone calls, and urgent requests in a timely, accurate, and professional manner.
- Engage with and support Swinerton’s team-focused and “One Swinerton” culture.
- Complete other responsibilities as assigned.
Objectives or Goals to Measure Performance
- Timely and accurate response to bond requests, especially bid deadline and project award needs.
- Accuracy and completeness of bond documentation, logs, files, invoices, and project records.
- Effective coordination with project teams, operations, legal, accounting, brokers, and sureties.
- Strong customer service and proactive communication with internal stakeholders.
- Consistent adherence to Swinerton policies, Risk Management procedures, and documentation standards.
- Awareness and protection of confidential and sensitive information.
- Organized approach to a varied workload with multiple deadlines and priorities.
- Professional work habits, reliability, punctuality, and follow-through.
- Promotion of a positive image of Swinerton, Risk Management, and teammates.
Minimum Skills or Experience Requirements
- B.A. or B.S. degree preferred, or equivalent combination of education and relevant business experience.
- Three to five years of experience in construction, surety, insurance, risk management, project administration, legal administration, contract administration, or a related field preferred.
- Experience with construction bonding, surety brokerage, construction contracts, subcontractor administration, or project risk management preferred.
- General understanding of bid bonds, payment bonds, performance bonds, subcontractor bonds, lien release bonds, bond riders, obligee requirements, powers of attorney, notarization, and surety documentation preferred.
- Ability to read and understand basic project, contract, subcontract, and bond-related information; ability to identify when matters require escalation to Risk Management, Legal, Accounting, or leadership.
- Strong organizational skills and ability to manage multiple priorities, deadlines, and urgent requests.
- Excellent written and verbal communication skills, including professional email communication and telephone manner.
- Strong attention to detail, accuracy, follow-through, and document control discipline.
- Problem-solving skills, initiative, and ability to work independently while knowing when to seek direction.
- Computer-literate; knowledge of standard company software and web applications, including Microsoft Teams, Outlook, Word, Excel, PowerPoint, SharePoint, and other systems used for project, accounting, or document management.
- Reliability, dependability, flexibility, and ability to work effectively with project teams across multiple regions and time zones.
- Ability to maintain confidentiality and exercise sound judgment with sensitive financial, legal, underwriting, and project pursuit information.
Preferred Qualifications
- Experience working with surety brokers, surety carriers, construction project teams, legal teams, or accounting teams.
- Experience maintaining bond logs, project files, invoice tracking, or deadline-driven administrative processes.
- Familiarity with subcontractor default insurance, subcontractor prequalification, mechanics lien processes, stop payment notices, or construction payment disputes is beneficial.
Summary of Benefits:
This role is eligible for the following benefits: medical, dental, vision, 401(k) with company matching, Employee Stock Ownership Program (ESOP), individual stock ownership, paid vacation, paid sick leave, paid holidays, bereavement leave, employee assistance program, pre-tax flexible spending accounts, basic term life insurance and AD&D, business travel accident insurance, short and long term disability, financial wellness coaching, educational assistance, Care.com membership, ClassPass fitness membership, and DashPass delivery membership. Voluntary benefits include additional term life insurance, long term care insurance, critical illness and accidental injury insurance, pet insurance, legal plan, identity theft protection, and other voluntary benefit options.
