Underwriter, Credit Insurance Underwriting (Multiple Roles)

Export Development Canada
Halifax, Nova Scotia
108K $ / an
Temps plein

Underwriter, Credit Insurance Underwriting (Multiple Roles)-0004T7

Posting Date :

Sep 4, 2024, 2 : 42 : 50 PM

Primary Location : Ontario-Ottawa

Ontario-Ottawa

Job Type : Permanent

Permanent

Schedule : Full-time

Full-time

Description

Export Development Canada (EDC) is a financial Crown corporation dedicated to helping Canadian businesses make an impact at home and abroad.

EDC offers financial products and knowledge to help Canadian businesses confidently enter new markets, reduce financial risk, and grow their business.

When you join our team, you’ll be helping Canadian businesses learn the endless possibilities that open to them through export and help bring their vision, passion, and innovation to the world.

Your knowledge and expertise will support more than 25,000 Canadian businesses and their customers in as many as 200 markets worldwide.

You’ll work amongst the best and brightest in an inclusive, collaborative environment that fosters professional development and success.

And you’ll know that you’re making an impact every day for businesses, for Canada and for the people you work with.

Are you ready to make an impact? Join EDC, recognized as a Top 100 and Top Family-Friendly Employer, as we take on the risk so Canadian businesses can take on the world. #LI-Hybrid

Team overview

EDC’s Credit Insurance Underwriting group is looking for dynamic and motivated professionals to assist Canadian companies go, grow and succeed internationally.

Working in close collaboration with both internal and external partners, the successful candidate(s) will facilitate international trade by helping our customers protect themselves against the risk of non-payment from foreign companies.

In the underwriting role you will be relied upon to engage with EDC’s customers to understand their needs, structure insurance coverage and assess counterparty creditworthiness to achieve the optimal balance between customer-centricity and EDC’s business requirements.

In addition, youwill, actively participate in the attainment of the group’s performance and growth objectives and be engaged in continuous improvement in order to remove obstacles, enhance the work environment and improve the customer experience.

We are currently recruiting for multiple permanent underwriter roles. This poster may also be used to fill future hiring needs over the next 12 months.

Discipline Summary

  • Customer Relationship Management.
  • Credit and Financial analysis.
  • Policy structuring needs assessment.
  • Problem solving.
  • Target achievements.

Key Responsibilities

  • Establishes relationships with internal and or external customers;
  • Understands customer needs, determines optimal insurance coverage structure, terms and conditions and participates in delivery of the product to the client or prospect;
  • Provides on-going customer service, acting as subject matter expert for our clients;
  • Assesses the creditworthiness of foreign companies, understanding the likelihood of a company honoring its obligations through in depth financial and credit analysis (liquidity analysis, leverage & maturity schedules, profitability, cash-flow management, third party bank support and other factors such as competitiveness, market conditions elasticity of demand, industry trends);
  • Participates in developing loss mitigation strategies when allocated credits become at risk;
  • Participates in continuous process improvement initiatives to streamline operations;
  • Identifies problems and champions enhancements to existing processes;
  • Contributes to the overall improvement of the programs results by striving for excellence and unrivaled execution.

Screening Criteria

  • Undergraduate Degree in Business Administration, Accounting, Finance, Commerce or other relevant discipline (for all levels).
  • 2 years (Underwriter level 15), 2 - 5 years (Underwriter level 16) or greater than 5 (Underwriter level 17) of experience in insurance underwriting or related financial services experience.
  • Solid experience reading and interpreting financial statements with strong financial analysis skills.
  • Experience structuring and negotiating more complex structures with a can-do attitude and an outside the box mindset.
  • Comfortable meeting with Exporters at Executive and Senior Leadership level in order to assess needs, determine and outline appropriate structures
  • Personal agility : ability to demonstrate personal resilience and openness to changes to EDC’s business environment and structure, adapting one’s approach as the requirements of a situation change, being comfortable in ambiguous situations and changing or easily accepting and managing changes in one’s job requirements, working in a matrix environment.
  • Strong communication and collaboration skills
  • Strong client service skills (internal and external)
  • Significant experience leading the successful completion of increasingly complex commercial credit transactions across a variety of industry sectors and or international markets.

Assets

  • International and / or commercial banking experience.
  • MBA, CFA or CPA designation.
  • Working knowledge of insurance underwriting principles and practices.
  • Advanced Excel skills. Coding skills is an asset.
  • Proficiency in both English and French (fully bilingual).

Salary Range

Salaries are based on qualifications and experience and typically range from; Underwriter level 15 : $62,336 - $83,116 + performance based incentive.

Underwriter level 16 : $71, 063 - $94, 752 + performance based incentive.Underwriter level 17 : $81,012 $108,017 + performance based incentive.

Please note that we will consider candidates at each level depending on the candidate’s qualifications.

Location

  • Export Development Canada is a hybrid work environment.
  • This role may be performed from EDC’s Community Hubs in Ottawa, Toronto, Montreal, Halifax, Calgary or Vancouver.
  • Relocation assistance is available for eligible candidates.

EDC's Commitment to Employment Equity

EDC is committed to employment equity and achieving a diverse workforce. EDC actively encourages applications from women, Aboriginal peoples, visible minorities, persons with disabilities and members of the 2SLGBTQI+ community.

If selected for an interview, please advise us if you need any special accommodation.

Sep 20, 2024, 11 : 59 : 00 PMCandidates must meet the requisite government security screening requirements.

Il y a 13 jours
Emplois reliés
Export Development Canada
Halifax, Nova Scotia

Underwriter, Credit Insurance Underwriting (Multiple Roles)-0004T7. Underwriter level 15), 2 - 5 years (Underwriter level 16) or greater than 5 (Underwriter level 17) of experience in insurance underwriting or related financial services experience. EDC’s Credit Insurance Underwriting group is lookin...

Offre sponsorisée
LTIMindtree
Canada

Experience of 10 years as a Business Analyst in Insurance P&C Insurance or Broker MGA domain. Minimum 7 years of work experience in Insurance MGA and broker domain and familiarity with Agency insurance products rules and methodologies. Senior Lead Business Analyst (P&C Insurance or Broker MGA Domain...

Offre sponsorisée
LeverageTek IT Solutions
Greater Ottawa Metropolitan Area, Canada

LeverageTek is actively seeking a Senior Financial Analyst, Financial Planning & Analysis for a permanent role with its Ottawa/Gatineau based customer. Minimum 5+ years of relevant work experience in a Senior Financial Analyst, Financial Planning and Analysis role or similar capacity. Prepare variou...

Offre sponsorisée
First Brands Group, LLC
Canada

Collaborate with Sales Management, Marketing, Product Management, and Account. Conduct regular business reviews with key accounts, analyzing sales data, market. Effectively communicate market insights, customer feedback, and account-specific. Monitor and manage account profitability, pricing strateg...

Offre sponsorisée
Toyota Financial Services Corporation
Canada

Five plus years of credit analyst/lender experience in an automotive retail credit environment in addition to some collections experience. Analyze retail automotive credit applications within established turnaround times. Make quality credit decisions with critical thinking and discipline. Maintain ...

Offre sponsorisée
Alteri
Canada

Our goal is to build the insurance brokerage of the future by combining leading-edge technology with high-quality brokers catering to the overall insurance needs of Canadians by providing them with customized solutions to suit their individual needs. We are the majority equity owner of Alteri Insura...

Offre sponsorisée
NOW Health Group Canada/Puresource Natural Products Distributor
Canada

Reporting to the Specialty Channel Sales Manager, the National Account Manager is responsible for the management and development of the Company’s business within assigned key accounts in grocery/mass and drug channel, and to meet and exceed sales targets and objectives. This position implements stra...

Offre sponsorisée
Brim Financial
Canada

Brim Financial is one the fastest growing enterprise technology companies, according to Deloitte’s Technology Fast 50™ in North America. We are seeking a highly skilled and experienced Business Analyst to join our team. The primary role of the Business Analyst is to work closely with cross-functiona...

Offre sponsorisée
ApexFocusGroup
Cape Breton, NS, Canada
Télétravail

No Administrative Assistant admin experience needed. Administrative Assistant Admin Work From Home - Part Time Remote Focus Group Panelists. Administrative assistant admin experience is not necessary. If you are an administrative assistant or someone just looking for a flexible part time remote work...

Offre sponsorisée
Lloyd Sadd Insurance Brokers
Canada

Demonstrated breadth across commercial insurance and depth with policy wordings and coverages within key industry sectors;. Advanced skills in Microsoft Office Suite and internal Broker Management Systems (EPIC). ...