Administrator (Surety Bond)

6 days ago

Toronto, Ontario, Canada The Travelers Companies, Inc. Full time

  • Who Are We?
  • Solid reputation, passionate people and endless opportunities. That's Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.
  • Job Category
Administrative/Clerical

  • Target Openings
1

  • What Is the Opportunity?
  • Supports the Head Office Surety department Bond administration, Head Office Surety clients, US Bond branch fronting and broker administration in accordance with the requirements of an agreed business plan.
What Will You Do?

  • Assists Bond Administrators with the renewal and new business activities that support marketing and underwriting decisions that are consistent with business unit growth and retention goals. Assures all related support activities are delivered in a manner consistent with business unit customer service and expense management focus.
  • Partners with Bond Administrators to establish support needs for Head Office Surety team. Provides administrative support duties for members of the Bond office including expenses, presentations, and other related duties. Produces letters, forms and reports for departments/teams as required.
  • Provides administrative support and communicates with brokers/agencies, Canadian underwriters, US underwriters, and internal departments (i.e., maintains authority reports, researches and resolves issues, responds to inquiries and questions).
  • Provides support for Broker Administration in the issuance of Broker documents including Seal Agreements, Power of Attorney and quarterly reports. Issues Bond Logs for Canadian and US Bond Numbers.
  • Ensures accurate and timely servicing and billing of accounts. Manages outstanding account information and prepares general correspondence as needed. Manages account documentation (i.e., bonds, endorsements, cancellations, etc.).
  • Works with Accounting in collecting outstanding premium from US Branches, US agents and Canadian Brokers. Prepares documentation for monthly accounts receivables reports.
  • Followup of outstanding account information, general correspondence as needed.
  • Prepare and submit expense reports, responsible for travel arrangements.
  • Participates in business units' staff meetings.
  • Manages calendars & scheduling/assist with coordinating of annual conferences and internal/external meetings.
  • Assists with marketing responsibilities with the coordinating of product line sponsorships, memberships, donations, promotional items, print media & organizing company sponsored events, sports tickets.
  • Perform other duties as assigned.
  • 7 years of administrative experience
  • Industry related experience
  • Highly proficient in MS Office package
  • Intermediate data entry skills
What is a Must Have?

  • High School education or equivalent
  • 5 years of administrative experience
What Is in It for You?

  • Health Insurance: Employees and their eligible family members including spouses, partners, and children are eligible for coverage from the first day of employment.
  • Retirement: Travelers provides a core contribution of 3% of your total eligible earnings to your Deferred Profit Sharing Plan ("DPSP"). Travelers also matches your savings plan contribution dollarfordollar up to 5% of base pay.
  • Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off ("PTO") annually, plus the opportunity to purchase additional days to allow for up to a total of 36 PTO days per year. You will also receive twelve paid company Holidays.
  • Wellness Program: The Travelers wellness program is comprised of tools and resources that empower you to achieve your wellness goals. In addition, our Life Balance program provides access to professional counseling services and other resources to support your daily life needs. Through Life Balance, you're eligible for free counseling sessions with a licensed therapist.
  • Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.
  • Equal Employment Opportunity Statement
Travelers is an equal opportunity employer. We are committed to providing accommodation to persons with disabilities. If you require accommodation during the recruitment or interview process we will work with you to accommodate your needs.

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