Job Title or Location

Senior Surety Broker / Surety Client Executive

Purves Redmond Limited
Toronto, ON
Posted 3 days ago
Job Details:
Full-time
Executive

Located in Toronto, Calgary or Vancouver, as a Senior Surety Broker, or Surety Client Executive, you will specialize in marketing Surety accounts and managing key client relationships, with a focus on the mining and construction industries. You will work closely with clients to structure and secure reclamation bonds, performance bonds, and other types of Surety instruments.

This role requires a strong focus on client service, including the development and stewardship of long-term relationships built on trust, expertise, and consistent delivery. You will serve as a strategic advisor to your clients, helping them navigate complex bonding requirements and achieve their project and compliance goals.

Accountabilities:

  • Market Surety Accounts including Mining and Contractor business, including reclamation bonds
  • Conduct research and financial analysis on client portfolios, ensuring compliance with contractual obligations
  • Lead and mentor junior brokers, providing guidance and support
  • Identify prospective clients and target industries through strategic research
  • Analyze financial information, assess credit requests for both public and private enterprises
  • Prepare and present detailed findings reports to clients, prospects and management
  • Provide oversight and management of monthly reporting to insurance captives
  • Build solid relationships with clients, underwriters, and professional counterparts
  • Develop tailored Surety solutions for clients by assessing their operational risks, providing market-leading service, and offering strategic recommendations to improve their financial standing for bond approvals
  • Monitor evolving regulatory requirements in the mining and construction industries to advise clients on bond compliance and any changes that may affect their obligations
  • Assist with renewal coordination, monitoring receivables
  • Coordinate with underwriters and legal teams to ensure the proper structuring of bonds, contracts, and indemnity agreements, ensuring clients receive optimal coverage

The ideal candidate meets the following requirements:

  • Bachelor's degree in finance, accounting or related field
  • 1-5 years of relevant experience in Surety Bonds, particularly within the mining and construction sectors
  • Strong financial acumen, with proficiency in Excel and experience analysing financial statements
  • Valid Registered Insurance Brokers of Ontario (RIBO) License, or willingness to obtain
  • Proven experience working with reclamation bonds or other performance bonds in heavily regulated industries such as mining, construction, or environmental services
  • Familiarity with credit risk assessment and understanding of financial underwriting
  • Detail-oriented, with the ability to manage multiple priorities and deadlines
  • Excellent communications skill, both written and oral
  • Team leadership and mentoring experience

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