Credit Analyst, Contract Surety (UW Trainee)

Are you a detail-oriented and analytical individual looking for a challenging and rewarding career in the insurance industry? Travelers is seeking a Credit Analyst, Contract Surety (UW Trainee) to join our team. As a leading provider of property and casualty insurance for businesses and individuals, Travelers offers a dynamic and fast-paced work environment where you can develop your skills and grow your career. In this role, you will use your financial expertise to assess the creditworthiness of our surety clients and support our Underwriting team. If you have a strong financial background, excellent communication skills, and a passion for problem-solving, we want to hear from you!

1. Conduct thorough credit analyses of potential surety clients to determine their creditworthiness and risk level.
2. Review and assess financial statements, credit reports, and other relevant financial information to make informed underwriting decisions.
3. Collaborate with Underwriting team to ensure accurate and timely completion of surety bond applications.
4. Utilize financial expertise to identify potential risks and make recommendations for risk mitigation strategies.
5. Communicate with clients and internal teams to gather necessary information and address any inquiries or concerns.
6. Monitor and analyze credit and market trends to inform decision-making processes.
7. Maintain accurate and organized records of all credit assessments and underwriting decisions.
8. Identify and recommend process improvements to increase efficiency and effectiveness of credit analysis and underwriting processes.
9. Stay updated on industry regulations and best practices to ensure compliance and adherence to company policies.
10. Collaborate with other departments, such as Claims and Operations, to ensure a smooth and efficient workflow.
11. Participate in training and development programs to further enhance financial and underwriting skills.
12. Contribute to a positive and collaborative team environment by actively sharing knowledge and providing support to colleagues.
13. Represent the company in a professional manner and uphold its values and reputation at all times.

According to JobzMall, the average salary range for a Credit Analyst, Contract Surety (UW Trainee) in Toronto, ON, Canada is between $55,000 and $70,000 per year. However, this can vary depending on the specific company, industry, and level of experience. Some companies may offer higher salaries for candidates with more experience or specialized skills. It is important to research the specific company and industry to get a better understanding of the salary range for this position.

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.