Credit Analyst

Argo Surety, a member of the Argo Group, was launched to provide unparalleled service to its chosen agents and customers by offering a broad selection of bonds serving a diverse range of businesses and industries.

Argo Surety currently has a challenging opportunity for a Commercial Surety Credit Analyst.

SUMMARY:

Through a structured training program, the Credit Analyst will learn about Argo’s credit analysis and underwriting philosophy, Commercial Surety business unit products and strategies, principles of negotiation, and relationship building.

As your knowledge base increases, the Credit Analyst will grow to underwrite, administer and service new and renewal business from our network of assigned agents/brokers.  You will interact and collaborate with a team of Commercial Surety colleagues and other critical internal/external business associates as well as work to build positive relationships with agents and commercial accounts.

ESSENTIAL FUNCTIONS:

• Manage renewal business under the supervision of an Underwriter and move to developing new business
• Observe and work with Underwriter, Assistant Vice President and Vice President of Commercial Surety business unit to become familiar with the functions of this position
• Develop critical underwriting and financial analysis skills, through independent self study and on-the-job training, including analysis of client financial statements, exposures, determination of appropriate surety coverage and conditions, and the assignment of premium amounts.
• Use business acumen to perform gather and review information on financial conditions, risk exposure, loss history, and economic trends that may impact the terms and conditions offered to the client
• Accountable for accurate underwriting documentation/information in account management system and adherence to documentation standards
• Establish, support, and maintain effective relationships with clients, agents and brokers

QUALIFICATIONS:

• Bachelors degree in Finance or Accounting
• Solid understanding of financial and accounting principles and the ability to demonstrate sound business judgment in the evaluation of the financial condition, credit history, experience and character of commercial accounts
• Excellent communication and organizational skills as well as attention to detail
• Ability to work independently and juggle many tasks simultaneously in addition to comfortably interacting with people in small groups and social situations

In addition, you will share in those core values which are key to our success; having courage to do the right thing, inspiration/innovation/creativity, harnessing the potential of all individuals and sharing a commitment to excellence.

Culture Fit & Impact: Argo’s Values

Demonstrate entrepreneurial spirit:

• Get the job done in a non-bureaucratic, resourceful manner.
• Create a culture of accountability ensuring the delivery of world-class products and services.

Do the right thing:

• Act with integrity always.
• Adhere to the commitments set forth in the Argo Group Environmental, Social and Governance program.

Collaborate:

• Create an open and transparent environment in which diverse experience, skill sets, and individuals can team together to drive optimal outcomes.
• Encourage and include unique perspectives at all times.

Respect each other:

• Create an environment that promotes dialogue, mutual support and cooperation between and among all, where people are fun to be around, proud of what they do, and willing to achieve beyond normal expectations.