Surety Analyst
Hybrid work arrangement with flexibility for schedule adjustments - 6-month contract position
North York 4 days in Office
About Us:We are a boutique surety broker specializing in serving large publicly and privately held companies in Canada. Committed to providing bespoke surety solutions, we are seeking a dynamic Surety Analyst to join our team.
ResponsibilitiesIncludes but may not be limited to:➡️ Work as part of a team to ensure the efficient processing and management of clients’ daily surety bond needs, including review of bid specs and contracts accompanied with bond requests; facilitate required information exchange between clients and underwriters to secure timely approvals; and issuance and delivery of requested bonds. Maintaining ongoing communication with clients, underwriters, and producers to ensure a high level of customer service.➡️ Responsible for the administrative side of bond issuance and maintenance, helping to facilitate the overall surety bond process and supporting the work of underwriters and clients.➡️ Manage all administrative service delivery functions, including bond issuance, modifications, renewals and cancellations, invoicing, file and database management, and other related activities.➡️ Receive and review incoming bond applications from clients.➡️ Verify the completeness and accuracy of application forms and supporting documents.➡️ Enter relevant information into the bond processing system.➡️ Maintain organized electronic files for all bond-related documents.➡️ Act as a liaison between clients, underwriters, and bondholders, providing updates on the status of bond applications and responding to inquiries.➡️ Coordinate with underwriters to clarify any missing information or address concerns related to bond applications.➡️Process bond endorsements and renewals as requested by clients.➡️Ensure changes to bond terms and conditions are accurately documented and communicated to relevant parties.➡️Maintain accurate records of bond issuance, modifications, and cancellations.➡️Generate reports and summaries as needed for internal and external purposes.➡️Ensure all bond-related processes adhere to company policies, industry regulations, and best practices.➡️Perform quality checks to identify and resolve discrepancies or errors in bond documentation.
Qualifications💡 Strong organizational skills, as well as excellent oral and written communication skills.💡 Effective communication skills and a high level of customer service for interacting with clients and internal teams.💡Strong attention to detail, follow-through, and analytical ability.💡Proficient in Microsoft Office applications.💡Experience in the insurance and/or surety industry or equivalent experience is strongly preferred.💡Familiarity with or ability to learn proprietary applications/databases is required.💡College degree is preferred but not required if equivalent work experience.💡Ability to recognize problems, establish facts, and develop valid recommendations.💡Ability to prioritize work and manage time effectively.💡 Ability to interpret a variety of technical instructions dealing with abstract and concrete variables.
Join their team and contribute to their mission of delivering exceptional suretybond solutions. Work with an incredible mentor and begin your journey into surety!
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