Bonding Underwriter Assistant

8 hours ago

Mississauga, Ontario, Canada Jones DesLauriers Full time

Job Description:

The Surety Client Coordinator will assist the Surety Director in maintaining a book of business, servicing client needs, and developing market relationships. This role requires strong analytical skills, attention to detail, and excellent communication abilities.

Responsibilities:

  • Assist clients manage their surety facility and requirements by producing bonds and invoicing tasks.
  • Monitor and manage the collection of accounts receivables in accordance with JDIMI Receivables Policy.
  • Prepare and execute tender and final bond documents.
  • Prepare indemnity agreements, prequalification letters, LCBA letters, change of broker letters etc.
  • Organize and maintain electronic and physical files for easy access and retrieval.
  • Prepare reports and summaries for management on bond activity and underwriting performance.
  • Coordinate communication between underwriters, agents, and clients to ensure timely responses.
  • Track deadlines for applications, renewals, and other critical tasks.
  • Help manage workflow and prioritize tasks to support the underwriting team effectively.
  • Gather and analyze contract documents and credit reports to assist in risk assessment.
  • Prepare and maintain underwriting files and documentation for compliance.
  • Communicate with agents and clients to obtain necessary information and clarify details.
  • Monitor existing bonds and assist in renewal processes.
  • Participate in team meetings to discuss underwriting strategies, updates and overall operations management.

Requirements:

  • Minimum 1 to 2 years Commercial Surety/Bonding/Construction experience.
  • RIBO, ACSB, CAIB and CIP designations preferred, or at minimum working towards the designations.
  • Advanced skills in Outlook, Excel, Word, EPIC, and Bondworks.
  • Firm understanding of industry and software products.
  • Detail oriented with strong analytical skills.
  • Ability to influence others in a co-operative manner.
  • Works well both in a group environment and autonomously.
  • Solid understanding of financial statements and the overall Canadian construction market as well as an interest in developing into a surety expert.
  • Strong interpersonal and presentation skills with excellent attention to detail.
  • Ability to be a self-starter with strong written and oral communication skills as well as organizational skills.

Estimated Salary: $60,000 - $80,000 per year, depending on experience and qualifications.

Benefits:

  • Holiday pay
  • Extended health benefits
  • Pension plan
  • RRSP matching program
  • Tuition reimbursement
  • Vacation time

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