Underwriter I or II, Contract Surety
Our employees are at the heart of everything we do. Together, we help people, businesses, and society prosper in good times and be resilient in bad times.
Our employee promise represents Intact's commitment to you in exchange for living our Values, striving to do your best work, being open to change and investing in your career. In return, we promise to provide support, opportunities and performance-led financial rewards at a workplace where you can shape the future, win as a team and grow with us.
About the role
We're looking for an Underwriter I or II to join our growing Surety team in the GTA.
As an Underwriter, your work will be looked to for underwriting contract surety accounts by reviewing and interpreting financial statements to conduct financial and credit risk analysis in order to make appropriate decisions within own underwriting authority. The successful candidate will demonstrate financial acumen and excellent rapport building skills by building and maintaining positive relationships with various clients: insurance brokers, lawyers, chartered accountants and government officials.
What you'll do here:
Manage a diverse portfolio of contract surety accounts
Analyze and secure underwriting data, perform financial analysis and apply critical thinking on underwriting decisions and client relationship issues
Review and interpret financial statements and the Act/Law associated with the bond type
Assess risk and appropriately recommend approval of new and renewing contract surety facilities
Build partnerships with brokers and clients, delivering surety solutions at the account level in a professional and responsive manner
Develop broker relationships and marketing strategies to further new business development opportunities
Prioritize workflow to maximize productivity and meet deadlines
Assist in the preparation and submission of special acceptances to reinsurers
Maintain quality control and profitable growth
Maintain a strong knowledge of construction industry trends, market conditions, and current challenges and opportunities
Actively participate in industry functions, forums and events
What you bring to the table:
Bachelor's degree in business, accounting or finance or combination of Education and relevant experience
1-2 years of surety or related business experience, and/or experience in a commercial insurance underwriting or brokerage capacity (2-3 years for Underwriter II)
Solid understanding of financial statements
Strong analytical and research skills
A history of providing excellent customer service and sound judgment
Strong interpersonal and communication skills
Excellent organizational skills, attention to detail and the ability to handle multiple tasks in a high-volume, fast-paced environment
Ability to work independently and collaborate with co-workers in a team setting
Proficiency with MS Office Suite of products
#LI-Hybrid
What we offer
Our hybrid work model provides the balance between working from home and enjoying meaningful in-person interactions.
Working here means you'll be empowered to be and do your best every day. Here is some of what you can expect as a permanent member of our team:
A financial rewards program that recognizes your success
An industry leading Employee Share Purchase Plan; we match 50% of net shares purchased
An extensive flex pension and benefits package, with access to virtual healthcare
Flexible work arrangements
Possibility to purchase up to 5 extra days off per year
An annual wellness account that promotes an active and healthy lifestyle
Access to tools and resources to support physical and mental health, embracing change and connecting with colleagues
A dynamic workplace learning ecosystem complete with learning journeys, interactive online content, and inspiring programs
Inclusive employee-led networks to educate, inspire, amplify voices, build relationships and provide development opportunities
Inspiring leaders and colleagues who will lift you up and help you grow
A Community Impact program, because what you care about is a part of what makes you different. And how you contribute to your community should be just as unique.
We are an equal opportunity employer
At Intact, our Value of respect is founded on seeing diversity as a strength. We strive to create an accessible workplace where employees feel valued, included and encouraged to share their unique perspectives.
We encourage applications from individuals who are members of equity-deserving groups, including but not limited to women, Indigenous peoples, persons with disabilities, Black people, and members of the 2SLGBTQI+ community.
As part of Intact's commitment to reconciliation, we acknowledge that we work, meet and travel across the land currently called Canada, originally inhabited by First Nations, Metis and Inuit people. This history extends through many centuries and continues to evolve today.
We have policies to ensure equal access and participation for people with disabilities, including providing workplace adjustments (accommodations). A copy of applicable policies is available on request.
If we can provide a specific adjustment to make the recruitment process more accessible for you, please let us know when we reach out about a job opportunity. We'll work with you to meet your needs.
Learn more about our recruitment process and your candidate journey here.
If you are an employee of Intact or belairdirect, please apply for this role on Internal Career Site.