Financial Analyst - Surety

Posted 4 Days Ago
Be an Early Applicant
Toronto, ON, CAN
In-Office
60K-90K Annually
Entry level
Insurance
The Role
Analyze financial statements, contractor operations, forecasts, and business plans to underwrite contract surety bonds and assess risk. Conduct annual account reviews, develop bond solutions, collaborate with internal teams, and build relationships with brokers and clients. The role includes customer service, industry networking, and participation in the Associateship in Canadian Surety Bonding program, with potential progression into sales and business development.
Summary Generated by Built In
Who Are We?

Solid reputation, passionate people and endless opportunities. That’s Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers – and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.

Job Category
Finance and Accounting, UnderwritingCompensation Overview

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees may also be eligible for performance-based case incentive awards.

Salary Range$59,760.00 - $89,640.00

Target Openings
1

What Is the Opportunity?
The Credit Analyst, Contract Surety position provides an opportunity to build a unique and successful career within a highly specialized niche of the insurance industry. Analyze financial information and assess risk of contractors and related companies. Build and maintain productive relationships with surety and insurance brokers. Contribute to consistently achieving planned financial results through superior service, quality underwriting and responsiveness to new business submissions. Interact/collaborate with a team of colleagues and other critical internal and external associates. This position leads to roles that include sales and business development responsibilities.
This position may be based out of either our Toronto, ON or Bedford, NS offices.What Will You Do?
  • Underwrite and assess risk for contract surety bonds and bonding facilities.
  • Analyze and interpret financial statements and forecasting future performance.
  • Understand a contractor’s operations, experience and business plan.
  • Complete formal annual account reviews.
  • Underwrite bond requests and create/propose solutions for challenges which arise within the underwriting context.
  • Establish and maintain collaborative relationships with colleagues in other parts of the organization.
  • Enrollment in the Associateship in Canadian Surety Bonding (ACSB) program offered through the Surety Association of Canada and the University of Toronto.
  • Develop relationships with assigned brokers and clients to establish a strong foundation for all business dealings.
  • Demonstrate superior customer service standards.
  • Work tactically with brokers to ensure they have an appropriate level of understanding of Travelers’ objectives.
  • Participate in industry functions to increase visibility in the marketplace, network with key stakeholders and increase knowledge of the industry.
  • Perform other duties as assigned.
What is a Must Have?
  • Bachelor's degree with a business discipline specialization in finance, accounting or economics.

What Is in It for You?
  • Health Insurance: Employees and their eligible family members – including spouses, partners, and children – are eligible for coverage from the first day of employment.
  • Retirement: Travelers provides a core contribution of 3% of your total eligible earnings to your Deferred Profit Sharing Plan (“DPSP”). Travelers also matches your savings plan contribution dollar-for-dollar up to 5% of base pay.
  • Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off (“PTO”) annually, plus the opportunity to purchase additional days to allow for up to a total of 36 PTO days per year. You will also receive twelve paid company Holidays.
  • Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
  • Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.

Employment Practices

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.

We are committed to providing accommodation to persons with disabilities. If you require accommodation during the recruitment or interview process we will work with you to accommodate your needs.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

This posting is for an existing vacancy. Travelers does not use artificial intelligence (AI) tools to assess, screen or select applicants. Travelers reserves the right to fill this position at a level above or below the level included in this position.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.

Skills Required

  • Bachelor's degree with a specialization in finance, accounting, or economics

Travelers Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Travelers and has not been reviewed or approved by Travelers.

  • Retirement Support Feedback suggests total rewards are bolstered by a 401(k) match, a company‑funded pension, and a program that contributes to retirement savings when employees make student‑loan payments. These elements are consistently portrayed as standout strengths of the package.
  • Leave & Time Off Breadth Feedback suggests time off is generous from the start, with substantial PTO, paid holidays, and the option to purchase additional days. Defined leaves such as short‑term disability and bereavement further enhance perceived flexibility.
  • Healthcare Strength Feedback suggests medical, dental, and vision coverage is comprehensive, with multiple plan choices, HSAs/FSAs, and robust mental‑health and wellness resources. Day‑one eligibility and added programs like caregiver support and specialty care navigation reinforce depth.

Travelers Insights

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The Company
HQ: Hartford, CT
35,118 Employees

What We Do

Travelers provides insurance coverage to protect the things that are important to you – your home, your car, your valuables and your business. We have been around for more than 165 years and have earned a reputation as one of the best property casualty insurers in the industry because we take care of our customers, agents, brokers, communities and each other. Every day, our approximately 30,000 employees and 13,500 independent agents and brokers in the United States, Canada, the United Kingdom and Ireland help provide peace of mind to our customers. Our expertise and focus on innovation have made us an industry leader and the only property casualty company in the Dow Jones Industrial Average. Our history of advancements has propelled our company, and our industry, to deliver higher standards – from writing the first auto and space travel policies to founding the Travelers Institute for public policy and launching a hybrid car discount. By minimizing risk, preventing loss and helping our customers prepare for the unknown, Travelers’ comprehensive products and services enable individuals and businesses to feel confident and secure about the future.

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