Surety Attorney

National African-American Insurance Association (NAAIA); Toronto; On-site; CAD 100,000 - 150,000; Full time

Job summary

Berkshire Hathaway Specialty Insurance is seeking a Senior Surety Attorney to join their team in Toronto. This role focuses on risk assessment, underwriting support, and fostering relationships within the surety business, making significant contributions to the company's growth in global markets. Ideal candidates will have extensive experience in surety law and a strong collaborative mindset.

Benefits

Competitive package and growth opportunities

Dynamic and action-oriented environment

Non-bureaucratic organization emphasizing simplicity

Qualifications

• 10+ years’ experience in surety claims, surety and construction law.
• National account experience is a plus.
• Knowledge of the Quebec Civil Code is a plus.

Responsibilities

• Provides input on risk and legal issues to surety underwriters and senior management.
• Assists in the negotiation with brokers and bond customers.
• Research laws and regulations impacting underwriting of surety products.

Skills

Communication

Interpersonal skills

Ability to function in ambiguous situations

Ability to balance competing priorities

Education

Law degree

Business, engineering, or finance undergraduate degree

Job description

Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for a senior level Surety Attorney. Preferred location : Toronto. This position will interact with the entire Surety team. You must be customer focused, to support business goals and contribute on a strategic level to our growing global surety business. The role will report to the Head of Underwriting Support and participate in managing all facets of underwriting support for Berkshire Hathaway Specialty Insurance’s Global contract and commercial surety business.

The ideal candidate values working in a highly collaborative environment ; simplicity over complexity and thinking outside of the box in providing practical solutions for underwriters, brokers, and customers. This position affords the opportunity to make significant and lasting contributions across all facets of our growing surety organization.

Duties & Responsibilities :

• Provides input on risk and legal issues to surety underwriters and senior management to assist with risk assessment concerning all aspects of the surety business, including complex contracts and bond forms, indemnity agreements, and other related underwriting documents and agreements.
• Assists in the negotiation with brokers, bond customers, obligees, and other related parties in surety transactions.
• Active involvement in Co-Surety relationships and responsible for Co-Surety Agreements and related documents.
• Research laws and regulations that impact the underwriting of surety products.
• Monitor legal and regulatory developments impacting the surety, construction business and commercial surety business.
• Participates in developing and implementing training, resource materials and underwriting guidance for all surety professionals within the organization.
• Assist in the development of business documents for Global surety as growth continues into new international markets.

Qualifications, Skills, and Experience :

• Law degree required. Business, engineering, or finance undergraduate degree a plus.
• 10+ years’ experience in surety claims, surety and construction law, or surety underwriting support.
• National account experience is a plus.
• Knowledge of the Quebec Civil Code is a plus.
• Ability to balance competing priorities.
• Ability to function in ambiguous situations without significant oversight.
• Strong communication and interpersonal skills.
• Willingness to work extended hours when occasions demand.
• Ability to travel in North America up to 30% of the time.
• Ability to work within a team environment.

BHSI complies with Ontario’s Accessibility for Ontarians with Disabilities Act (AODA) and has a process in place that provides accommodations for job applicants and teammates with disabilities (upon request).

BHSI Offers :

• A competitive package and exciting growth opportunities for career-oriented teammates.
• A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates, and our other stakeholders.
• A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework.