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Surety Claim Analyst

Job in Toronto, Ontario, M5A, Canada
Listing for: ICPEI
Full Time position
Listed on 2026-02-23
Job specializations:
  • Insurance
    Risk Manager/Analyst, Insurance Analyst, Insurance Claims, Underwriter
Job Description & How to Apply Below
Your Role  The Surety Claim Analyst is responsible for investigating, analyzing, and resolving claims made against surety bonds. The role focuses on evaluating bond obligations, determining liability, mitigating losses, and ensuring claims are handled in compliance with legal, contractual, and regulatory requirements.
What you bring to the position   Bachelor’s degree in Legal Studies, Construction Management, or related field
3–5 years of experience in surety claims, or construction-related roles
Familiarity with construction law and bond forms
Fluency in French and English
Strong analytical, investigative and problem-solving skills
Knowledge of surety bonds, construction contracts, and indemnity agreements
Excellent written and verbal communication skills
Ability to interpret legal and financial documents
Attention to detail with strong organizational skills
Negotiation and conflict-resolution abilities
Time management skills and ability to handle multiple claims
What you will do   Review and analyze surety bond claims to determine validity, coverage, and exposure
Investigate claim circumstances by reviewing contracts, bond forms, correspondence, and financial documents
Communicate with claimants, principals, obligees, attorneys, and internal stakeholders
Assess liability and recommend appropriate claim resolution strategies
Coordinate with legal counsel on disputed or litigated claims
Monitor bonded projects and principals for financial or performance issues
Negotiate settlements, recoveries, and indemnification where applicable
Maintain accurate claim files and documentation in claims management systems
Ensure compliance with internal guidelines, industry regulations, and legal standards
Prepare reports, reserve recommendations, and management updates

What We Offer   RRSP program with Company matching
Paid training and professional development

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