Primary Role:
The Surety Financial Analyst plays a critical support role within the Surety Department. This position is responsible for reviewing and analyzing client financials, work-in-progress schedules, and related documentation to help assess credit risk and support strategic decision-making. Working directly under the Surety Practice Leader, this role is designed to build foundational knowledge of surety and client dynamics.
Duties and Responsibilities:
- Analyze contractor/client financial statements, including CPA statements, interim statements, and WIP schedules.
- Prepare internal underwriting summaries and assist in identifying trends, financial risks, and surety capacity considerations.
- Maintain internal client profiles with updated financial insights, bonding history, and market positioning.
- Support the Surety Practice Leader in preparing for client and underwriter meetings, including the development of financial exhibits and strategic talking points.
- Coordinate with Account Managers and Producers to collect documentation required for new submissions and extensions of surety credit lines.
- Collaborate in drafting submission packages to surety markets and responding to underwriting questions.
- Help maintain internal underwriting and marketing tools, including tracking of market appetite and underwriting feedback.
- Stay current on surety and construction industry trends, as well as relevant market conditions.
- Assist with internal reporting, forecasting, and pipeline tracking for the surety department.
- Crosstrain in various other areas, as identified, and assist with special projects, as assigned.
Key Competencies:
To perform the job successfully, an individual should demonstrate the following competencies:
- Analytical Thinking: Ability to interpret complex financial data and assess account strength and trends.
- Attention to Detail: Precision in financial modeling, summaries, and submission support.
- Communication: Strong written and verbal skills; able to translate financial insights into actionable observations.
- Team Collaboration: Works seamlessly with internal team members and contributes to broader departmental goals.
- Initiative: Demonstrates eagerness to learn, take ownership of tasks, and grow toward a client-facing role
Qualification Requirements:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Experience and Education:
- Bachelor’s degree required
- 1–3 years of experience in financial analysis or a related field.
- Prio