Surety Bond Quarterly - Winter 2015 - (Page 32)
NASBP Surety School provides tools to use every day.
VISIT ThE OFFICE of Sean Cunningham,
professional associate at ACE Surety
in Philadelphia, and you'll see the
binder that he received at NASBP's
Level II Surety School sitting on his
desk. "I refer to it at least five times
a week, refreshing myself on what I
learned there," he said. "We covered
all the fundamentals about the work
in process, starting from scratch."
NASBP's William J. Angell Surety
School offers that kind of practical,
immediately applicable knowledge
to people in the surety industry twice
a year. Graduates of the Level I and
Level II classes shared their views.
WITh ONE FROM A
SURETY ANd ONE
Level I - Gaining The Big
Level I classes cover the fundamentals-a valuable experience for
people who are new to the industry.
Lorne Brooks, account executive with
Harding Brooks Associates LLC in
Vestal, NY, said the class was a critical tool in establishing the base of his
surety career. "I would be light years
behind if I had not taken Level I," he
said. "Before the class I did only a very
small amount of surety processing,
mostly on the contract side; I had no
real exposure to the commercial side."
Brooks admitted he had wanted
to go straight to Level II classes but
was glad that instructors persuaded
him to start with Level I. "This class
really gets your feet underneath you,"
he said. "The most important piece
that I got out of it was how to analyze
the balance sheet, to really look at
a prospective account, and how to
surety BoNd Quarterly | WINTER 2015
I WOUld BE lIGhT
YEARS BEhINd IF I hAd
NOT TAKEN lEVEl I.
underwrite it. We learned how to get
our arms around what they do, what
they are projecting, and whether they
are growing or shrinking. It's helped
with digging into the numbers and
knowing enough of what you're
doing to be able to give an opinion,"
The length of the class-three full
days-was perfect for newcomers to
the industry, Brooks said.
For Nolen Bevill, underwriting operations analyst at Lexon Surety Group
in Mt. Juliet, TN, the Level I Surety
School provided an understanding of
the surety industry beyond her own
role as underwriter.
"other professionals-the producers, the agents, the claims
Table of Contents for the Digital Edition of Surety Bond Quarterly - Winter 2015
NASBP Upcoming Meetings & Events
2015-2016 Executive Committee
From the CEO - Never Forget Your Latin: Ignorantia Juris Non Excusat
Practical Insights: What You Need to Know - Unlicensed Contractors A Threat to Their Sureties
Hot Topics in Federal Government Contract Compliance
Fraud Schemes and Related Controls in the Construction Industry
Unravelling the Mystery of Court Bonds
NASBP Attorney Advisory Council Participates in NASBP Regional Meetings
Public-Private Partnership Projects
Mining the Value of the NASBP Member Network
Index to Advertisers
Surety Bond Quarterly - Winter 2015