Construction Surety Underwriter/Financial Analyst

Are you a numbers-driven individual with a strong understanding of the construction industry? Do you have a knack for assessing risk and making sound financial decisions? If so, we have an exciting opportunity for you as a Construction Surety Underwriter/Financial Analyst at Travelers. As a key member of our team, you will play a crucial role in evaluating and managing the financial risks associated with construction projects, ensuring that our clients and company are protected. We are looking for a highly motivated and detail-oriented individual with a background in finance and a passion for the construction industry. Join us in our mission to provide top-notch financial solutions and support to our clients.

1. Assess and analyze financial risks associated with construction projects to determine appropriate levels of surety coverage.
2. Evaluate financial statements, credit reports, and other relevant financial information to make informed underwriting decisions.
3. Develop and maintain relationships with clients, agents, and brokers to gather necessary information and ensure quality service.
4. Collaborate with internal teams to develop and implement strategic underwriting plans.
5. Conduct market research and stay updated on industry trends to inform underwriting decisions.
6. Communicate effectively with clients, agents, and brokers to explain underwriting decisions and address any questions or concerns.
7. Monitor and manage a portfolio of surety accounts to ensure compliance with contractual obligations.
8. Identify and mitigate potential risks and exposures through thorough analysis and proactive measures.
9. Prepare and present financial reports and analyses to management and other stakeholders.
10. Participate in training and development programs to enhance underwriting skills and stay current on industry best practices.
11. Adhere to company underwriting guidelines, policies, and procedures.
12. Maintain accurate records and documentation for all underwriting decisions and activities.
13. Work closely with claims and legal teams to manage and resolve any surety claims.
14. Continuously improve and streamline underwriting processes to increase efficiency and profitability.
15. Represent the company and its values in a professional and ethical manner at all times.

According to JobzMall, the average salary range for a Construction Surety Underwriter/Financial Analyst in Centennial, CO, USA is between $70,000 and $90,000 per year. However, this can vary depending on the specific company, experience level, and other factors. Some sources suggest that the salary for this role can go up to $120,000 per year with bonuses and other incentives.

The Travelers Companies, Inc., commonly known as Travelers, is an American insurance company. It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents.