What are the responsibilities and job description for the Contract Surety Trainee - Minneapolis, MN position at Westfield Insurance?
Job Summary
The Contract Surety Trainee, working under direct supervision, is responsible to acquire knowledge, experience, skills, and business acumen in the assigned team. The role completes educational, work, and relationship building experiences and participates and engages in all assignments/experiences, soliciting feedback regarding performance, and closing gaps in his/her knowledge, skills, and business acumen. In addition, the role also establishes a strong foundation by building relationships and identifying resources that will help them in their career.
The role is focused on relationship building with customers and agency producers, financial analysis, and association and engagement centered around the construction industry. Our training program will prepare you to have a foundational understating of the financial impacts, the work of construction and interactions with the customers and agents.
Job Responsibilities
- Works to acquire the knowledge, experience, skills, and business acumen in the assigned area, which helps in the trainee’s development towards the goal of becoming a professional in the respective department.
- Assists leader, team, or business unit with work assigned to them. This often includes, but is not limited to, project work and coverage of day-to-day activities.
- Develops business acumen through interactions and shadowing with other professionals.
- Attends business unit meetings, executes research, and creates and delivers presentations as assigned. Prepares for and engages in one-on-one, on-line, and on-the-job learning/educational assignments/ experiences.
- Develops operating knowledge of Company standardized hardware, software programs, third-party software, and processing procedures.
- Works toward developing an understanding of key concepts and appropriate business skill application through learning programs, structured on the job experiences, and active participation and engagement in all team building, observation and practice activities.
- Solicits reinforcing and constructive feedback from leader, peer coaches and others in the organization and incorporates feedback into development.
- Identifies resources, best practices, and external networking opportunities to monitor pertinent industry activity and trends. Maintains awareness, understanding, and compliance with internal policies and procedures, laws, and regulations appropriate for this position.
Job Qualifications
Bachelor’s degree in Finance, Business, or other relevant course of study or commensurate work experience.Location
Hybrid defined as three (3) or more days per week in office. Must live within 50 miles of the Service Office.
Behavioral Competencies
- Collaborates
- Communicates Effectively
- Customer Focus
- Decision Quality Nimble Learning
Technical Skills
- Risk Assessment
- Financial Analysis
- Research
- Data Analysis and Reporting
- Information Systems
- Insurance Industry Knowledge
- Insurance Policies
- Business Analysis Insurance Operations
This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.
