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Surety Risk Analyst
2 months ago
Are you equipped with foundational knowledge in Surety, bond issuance, and management applications? Do you possess strong organizational skills and attention to detail, and are you eager to deepen your understanding of the Surety industry, including various bond types such as bid, final, miscellaneous, and court bonds? If so, this role may be an excellent opportunity for your career advancement.
The Surety Analyst position offers a hybrid work environment, allowing flexibility to operate both remotely and from designated offices.
About Aon:Aon is dedicated to enhancing decision-making processes to safeguard and enrich lives globally. We foster a culture of trust and inclusivity, committed to supporting our colleagues and clients in achieving success.
Daily Responsibilities:Your daily tasks will vary based on your level of Surety expertise. For those new to the field, comprehensive training and mentorship will be provided. Less experienced Analysts will focus on delivering technical support to non-Surety staff and coordinating the collection of essential underwriting information. More seasoned Analysts will engage more independently with clients and Surety Advisors, while senior Analysts may mentor junior colleagues.
All Analysts, regardless of experience, will ensure that bond issuances comply with Surety lines of credit and assist in negotiating approvals for bonds that exceed established limits.
Key Responsibilities Include:- Drafting Consent of Surety Final Payment documents, prequalification letters, riders, and other client-required documentation.
- Preparing General Indemnity Agreements and Bond Applications.
- Managing expiration lists and updating records according to client specifications.
- Maintaining precise electronic bond files and financial documentation.
- Handling invoicing and managing accounts receivable/payable.
- Updating client information post-renewal.
We utilize various proprietary and commercial software to assist our clients, including AonBondLink, Bridge, and Outlook. Training will be provided to familiarize you with these tools.
- Exceptional organizational, time management, and multitasking abilities.
- Capability to interpret diverse technical instructions, managing both abstract and concrete variables.
- Background in Construction Management, Insurance, or Surety is advantageous.
A Bachelor’s degree is preferred, or equivalent experience is acceptable. Candidates must maintain a Notary Public designation and the relevant Producer license.
Compensation and Benefits:The salary range for this position is $60,000 - $100,000 annually, with actual compensation varying based on education, experience, skills, and internal equity. Aon offers a comprehensive benefits package, including a 401(k) plan with employer contributions, employee stock purchase options, medical, dental, and vision insurance, paid time off, and various leave options.
In addition to our extensive benefits, we promote a diverse workforce and an agile, inclusive environment that supports work-life balance. Our continuous learning culture encourages professional growth and development.
Aon is proud to be an equal opportunity employer, welcoming applications from all individuals and providing reasonable accommodations for those with disabilities.
