Do you wish to improve your understanding of the surety financial analysis process, particularly for contractors, so you can help them achieve their goals? If so, this is your course! You will not only learn what a technical analysis process entails, you will learn why work-in-progress schedules are so important, and how they impact the bond approvals for your clients. You will understand why it is important for construction clients to present on the correct method of accounting to improve their odds of securing the most bond capacity at the lowest rate! Key ratios used in the underwriting process, a discussion on how your clients may be overextending themselves, and finally, important tips on how best to counsel your clients to maximize bond approvals.
At the conclusion of this course, you will have financial and underwriting tools that will help you not only navigate the surety underwriting process, but will be useful for many insurance product placements as well. You will be well on your way to setting yourself apart from your peers as you become more comfortable with the financial analysis process and the terminologies used in the industry.
Please Note: If you do not have a basic understanding of both surety and financial analysis, it is recommended you start with our other courses, Surety Basics and Financial Analysis I before tackling this course. There is only a brief review of both courses at the start of Financial Analysis II.
| DOI #: | 385070 |
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| Format: | |
| Hours: | 2 |
| Credits: | 2 |
| Price: | $65.00 |
Refund Policy: If you are not fully satisfied with the course material and you have not started the final exam, we will refund your full purchase price if you notify us within 30 days. After 30 days, or if you have started the final exam, there will be no refunds given.