Associate Underwriter - Ottawa, Canada - EDC

EDC

Verified Company

Ottawa, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Associate Underwriter - Contract Insurance & Bonding L

Posting Date:
Jan 20, 2023, 10:43:48 AM

Primary Location:
Ontario-Ottawa

Job Type:
Permanent

Schedule:
Full-time

EDC is Canada's export credit agency, offering information, knowledge and innovative commercial solutions to help Canadian exporters and investors expand their international business.

We take on risk so Canadian businesses can take on the world.

When you join our team, you'll be helping Canadian companies bring their vision, passion and innovation to the global marketplace.

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

You'll work shoulder-to-shoulder with the best and brightest in an inclusive, collaborative environment that fosters professional development and success.

And you'll know that you're making a difference every day—for companies, for Canada and for the people you work with.

Year after year, EDC has been recognized as a Top 100 and Top Family-Friendly Employer. #LI-Hybrid

Team & Position Overview

Such support will cover a wide range of underwriting functions and team development activities, including but not limited to: screening requests to determine customer eligibility, interacting with customers and colleagues, undertaking research, becoming proficient using various underwriting related systems, reviewing and gathering information in support of the underwriting process, analyzing and communicating risks, recommending and pricing EDC support reflective of these risks, preparing and checking the accuracy of policy documentation, contributing towards special projects, and providing ongoing support of various team initiatives and activities.

If you are looking for a challenge and are willing to commit to further career advancement, the position offers an exciting and rewarding work environment with opportunities for learning and development.

Responsibilities

Determine eligibility of applicants for consideration of CIB support
Recommends support of request based on appropriate level of analysis
Generation of policy/guarantee/endorsement/amendment documents
Sending documentation to external customers
Ensures discipline regarding data integrity
Inputs data in a timely manner, ensuring that all information is complete in all relevant current and future systems
Review Request for Cover and Letters of Guarantee
Interacts with advisory and internal support groups as required
Provides professional and quality information to customers and counterparties
Manages expectations at various stages of the CIB process by advising status of the transaction on a regular basis, providing realistic time estimates for completion of activities and ensuring deadlines are met
Interact with key external partners to initiate investigation and/or to follow up on pending investigation in order to expedite a decision

Screening Criteria

Undergraduate Degree in Business Administration, Accounting, Finance, or equivalent combination of education and related work experience
Minimum 12 years of financial services experience
Bilingual in both official languages (French and English)

Skills & Competencies

Understanding of EDC's credit risk standards and practices, as well as CIB policies, guidelines and Risk Factors
Ability to work in a team environment and in collaboration with others as part of a team
Ability to multitask and to prioritize workload and display a strong sense of urgency when handling priority requests
Excellent organizational skills
Strong interpersonal skills and communications skills
Taking initiative, identifying opportunities for improvement and solving problems

Assets

Basic transactional and customer service experience at a commercial financial institution
Administrative experience at a commercial financial institution
Basic understanding of financial statements and analysis

Salary Range
- $56,100 - $84,300 + performance based incentive

**How to apply