Surety Claims Specialist

Aviva Canada; Markham; Hybrid; CAD 50,000 - 65,000; Full time

Job summary

A leading company is seeking a Claims Specialist for their Surety Claims Department. The role involves managing claims related to contract surety bonds, conducting investigations, and collaborating with external partners. Ideal candidates will have a university education in law or engineering and solid experience in construction or surety bonding. This hybrid position offers a competitive compensation package, including bonuses and health benefits.

Benefits

Annual bonus eligibility

Retirement savings

Health benefits

Competitive vacation package

Corporate wellness programs

Qualifications

• Experience in Surety Claims or related field.
• Good knowledge of contract and construction law.

Responsibilities

• Manage a portfolio of surety claims and incidents.
• Conduct investigations and assessments of claims.
• Collaborate with external partners and maintain relationships.

Skills

Analytical

Problem-Solving

Attention to Detail

Dispute Resolution

Education

University education in law or engineering

Job description

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Individually we are people, but together we are Aviva. Individually these are just words, but together they are our Values – Care, Commitment, Community, and Confidence.

Aviva recognizes the importance of being flexible and the benefits of being together; this role will be hybrid – the best of both worlds.

Our Surety Claims Department is looking for a Claims Specialist to handle claims and incidents on moderate to complex contract surety bonds.

Does this sound like an interesting challenge? Come join our team!

What You'll Do

• Confidently manage an assigned portfolio of surety claims and incidents involving material and labor payment bonds, performance bonds, and developer surety bonds.
• Handle incidents related to the various bonds issued, assess the risk of default, and work with the underwriting team to develop risk avoidance and mitigation strategies.
• Conduct the required investigations, assessments, and settlement of claims under the various bonds.
• Arrange the completion of contracts on construction projects, including determining the scope of work, preparing / assisting with tender documents, acquiring / evaluating bids, and preparing completion contracts.
• Guide external counsel in designing and implementing the most effective strategy to achieve desired outcomes.
• Review simple to moderately complex agreements, including but not limited to releases, intervention agreements, and mitigation agreements.
• Collaborate effectively with external partners (lawyers, engineers, accountants, independent adjusters).
• Coordinate indemnification and other collection efforts on assigned matters.
• Maintain and foster business relationships with Aviva's surety customers (principals, brokers, beneficiaries, and other partners).
• The tasks assigned will be adapted to the profile of the successful candidate.

What You'll Bring

• University education in law or engineering or proven experience in Surety Claims.
• Solid experience in construction, surety bonding, or bankruptcy and insolvency.
• Good knowledge of contract and construction law is an asset.
• Knowledge of standard construction documents.
• Knowledge of insolvency and corporate restructuring practices and law is an asset.
• Creative solutions, superior dispute resolution skills.
• Resourcefulness, effective management of external partners.
• Analytical, problem-solving, and decision-making skills.
• Precise and clear writing style, with great attention to detail.
• Strong organizational skills and ability to process information quickly and accurately.

What You’ll Get

• Salary is determined by factors such as job-related knowledge, skills, experience, and internal equity.
• Compelling rewards package including base compensation, annual bonus eligibility, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.
• Competitive vacation package with the option to purchase 5 extra days off per year.
• Employee-driven programs focused on gender, LGBTQ+, origins, diversity, and inclusion.
• Corporate wellness programs to support physical and mental health.

Please note that we may use AI tools to assist in the recruitment process. This position has been posted both internally and externally.

Aviva Canada has an accommodation process for employees with disabilities. If you require accommodations upon starting employment, contact your Talent Acquisition Partner to arrange appropriate support. This process continues throughout your employment.

Seniority level

• Entry level

Employment type

• Full-time

Job function

• Finance and Sales
• Insurance

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