Senior Surety Specialist Toronto, ON

3 weeks ago

Toronto, Canada Purves Redmond Limited Full time

Purves Redmond Limited (PRL) is a Canadian, employee-owned insurance brokerage firm with over 65 years of experience. With offices in Toronto, Vancouver, Calgary, Saskatoon and Montreal, we specialize in insurance brokerage, risk management advisory, and employee benefits consulting. PRL is committed to delivering high-quality service, integrity, and innovative solutions to businesses across Canada.

Role

The Senior Surety Specialist will manage a portfolio of surety clients, providing guidance, market-leading service and tailored bonding solutions. This role combined with technical expertise in reviewing and structuring surety programs with a strong focus on client service, market negotiations, and business support. The Senior Specialist will act as a key liaison between clients, underwriters and internal teams to ensure solutions meet both financial and operational requirements.

Key Accountabilities

- Review tender specifications and issue bid bonds, performance bonds, and agreements to bond

- Analyze financial statements and assess credit requests for public and private enterprises

- Develop customized surety solutions and negotiate terms with surety markets

- Interact regularly with clients and underwriters to maintain strong relationships and address ongoing needs

- Review and coordinate renewal information to ensure timely and accurate submissions

- Prepare client reports, proposals, and presentations for existing and prospective business

- Present analysis and findings to management, providing recommendations on complex accounts

- Monitor receivables and coordinate with internal teams to ensure timely collection

- Provide subject matter expertise and technical guidance to colleagues across the brokerage

- Stay informed on market trends, underwriting practices, and regulatory changes impacting surety business

Requirements

- 5+ years of experience in surety, with a strong background in construction bonding and commercial surety

- Possess or willing to obtain RIBO license (Registered Insurance Brokers of Ontario)

- Proven ability to structure and negotiate complex surety programs

- Strong relationships with surety markets and understanding of underwriting practices

- Excellent client service, communication, and relationship management skills

- Proficient with Microsoft Office tool, specifically Excel

Apply Today

At Purves Redmond Limited, we value integrity, expertise, and a client-first mindset. As a truly independent, 100% employee-owned Canadian firm, we offer a collaborative environment where your contributions matter. If you are ready to grow your career with us, please submit your application using the form provided.

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