Financial Analyst - Surety

Finance and Accounting, Underwriting

Compensation Overview

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees may also be eligible for performance-based case incentive awards.

Salary Range

$59,760.00 - $89,640.00

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The Credit Analyst, Contract Surety position provides an opportunity to build a unique and successful career within a highly specialized niche of the insurance industry. Analyze financial information and assess risk of contractors and related companies. Build and maintain productive relationships with surety and insurance brokers. Contribute to consistently achieving planned financial results through superior service, quality underwriting and responsiveness to new business submissions. Interact/collaborate with a team of colleagues and other critical internal and external associates. This position leads to roles that include sales and business development responsibilities.

This position may be based out of either our Toronto, ON or Bedford, NS offices.

What Will You Do?

• Underwrite and assess risk for contract surety bonds and bonding facilities.
• Analyze and interpret financial statements and forecasting future performance.
• Understand a contractor’s operations, experience and business plan.
• Complete formal annual account reviews.
• Underwrite bond requests and create/propose solutions for challenges which arise within the underwriting context.
• Establish and maintain collaborative relationships with colleagues in other parts of the organization.
• Enrollment in the Associateship in Canadian Surety Bonding (ACSB) program offered through the Surety Association of Canada and the University of Toronto.
• Develop relationships with assigned brokers and clients to establish a strong foundation for all business dealings.
• Demonstrate superior customer service standards.
• Work tactically with brokers to ensure they have an appropriate level of understanding of Travelers’ objectives.
• Participate in industry functions to increase visibility in the marketplace, network with key stakeholders and increase knowledge of the industry.
• Perform other duties as assigned.

What is a Must Have?

• Bachelor's degree with a business discipline specialization in finance, accounting or economics.

Employment Practices

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.

We are committed to providing accommodation to persons with disabilities. If you require accommodation during the recruitment or interview process we will work with you to accommodate your needs.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

This posting is for an existing vacancy. Travelers does not use artificial intelligence (AI) tools to assess, screen or select applicants. Travelers reserves the right to fill this position at a level above or below the level included in this position.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.