Position Description: The Surety Analyst in the TSIB brokerage is the primary point of contact for Clients and the Surety companies, and independently analyzes all client bond requests, issues bonds on behalf of the Surety companies, resolves contractual and bond issues, and monitors and maintains each Client's on-going bonding capacity. The Surety Analyst may supervise others, such as an Administrative Assistant. The position has binding authority within the limits granted to TSIB by the Surety companies and functions autonomously within those limits. When bond requests are above TSIB's limits, the Surety Analyst negotiates with the Surety companies for higher limits and is authorized to bind those limits as needed.

Reports to:

Essential Duties & Responsibilities*:

Underwrites all bond requests by independently analyzing contract documentation from clients; gathers additional data as needed, corresponds directly with clients and Sureties throughout underwriting process; Recommends and implements changes or corrections to contract language as needed in order to qualify and issue bond(s); Uses discretion to determine appropriate bond types and limits for projects; Within TSIB's binding authority, prepares bond premium quotations and independently issues all required bond forms, including Pre-qualification letters, broker letters, bid bonds, retention bonds, P&P bonds, site bonds, L&P/misc bonds; Consents, new and modified riders Negotiates with the Surety companies for bond terms and conditions when bond requests exceed TSIB's binding authority; Provides technical guidance to clients on bonding capacity, bonding requirements, and bonding needs as respects the client's business activities and/or proposed projects; serves as Subject Matter Expert to clients on evolving bond regulations and legal requirements; Works in multiple RMIS systems, including SurePath; Sagitta, Image Right, and client proprietary systems