The Contract SuretyUnderwriting Trainee is an entry level position that allows recent college graduates or individuals with no surety experience to participate in a Surety specific training program. Under the supervision of an Underwriting Officer or Manager training will consist of a combination of reading assignments and on-the-job training. The first stage of training will provide a general overview of surety as well as basic financial analysis. The next stage will focus on learning how to underwrite (analyze and assess) the operational and financial strength of companies from a wide range of industries as well as the fundamentals of contract surety underwriting. By the end of the program, the individual will be able to make preliminary recommendations on specific bond requests as well as new account submissions and renewal lines of credit.     Initial training will be completed in Morristown, NJ beginning in June.  Following successful completion of the program the trainee will be transitioned into a position in one of our 16 field offices located across the country.    *Individuals interested in this opportunity MUST be able to reside in New Jersey for the duration of the training program and then relocate to our Danvers, MA office at the end of the program.     Duties and responsibilities include, but are not limited to: - Complete reading and study assignments on surety and financial statement analysis. - Perform basic analysis of financial statements and supporting schedules. - Sign-up for and complete the AFSB program; passing the parts 151 and 152 within the first year of hire. AFSB 153 should then be completed within six months of first anniversary. - Review analysis with direct manager. - Assist in data entry and maintains financial underwriting files according to company guidelines. - Conduct initial evaluation of bond forms and contract documents in an effort to assess risk. - Communicate findings and recommendations to direct manager in a thoughtful and logical manner. - Develop the ability to communicate effectively on technical topics in both written and oral format, establish a working rapport with Field and Home Office personnel, exhibit good listening skills and the capacity to gain knowledge and expertise with additional experience and further training.