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    Underwriter - Developer Surety - Toronto, Canada - Meda Agency Inc.

    Meda Agency Inc.
    Meda Agency Inc. Toronto, Canada

    Found in: beBee S2 CA - 3 weeks ago

    Default job background
    Full time
    Description

    Underwriter - Developer Surety

    Our partner is an independently owned, Canadian MGA, providing risk insurance and surety products. They are looking for a senior underwriter to share their mission of delivering exceptional service.


    Role

    As a crucial member of the underwriting team, you will be responsible for maintaining high levels of service with solutions-oriented approach, and identifying opportunities to upsell products. You will be contributing to the expansion of our partner's brand, and grow the business with existing and new broker partners.

    Responsibilities

    • Build and maintain a network of relationships with brokers and various markets
    • Serve as key contact on assigned portfolio of accounts
    • Qualify customers' financial, technical, and organizational capacity within our partner's appetite against the business opportunity, in accordance with department policies and procedures
    • Produce and underwrite new and existing contract surety business
    • Provide detailed recommendations of bond and account support by conducting financial and credit analysis
    • Make decisions and approve bonds within account or underwriting authority
    • Negotiate account and/or bond-specific terms and conditions
    • Monitor current portfolio and assist with peer audits on an ongoing basis to ensure compliance with underwriting guidelines
    • Stay up to date with industry and market trends
    • Participate in team meetings to provide updates related to assigned portfolio of accounts, brokers, market intelligence, etc.

    Requirements

    • 4 years of underwriting experience
    • University degree/college diploma or equivalent experience
    • High level of customer service and proven success in building and maintaining effective business relationships
    • Ability to analyze and evaluate contract language
    • Strong interpersonal and communication skills
    • Proficiency in Microsoft Word and Excel
    • Strong time management and organizational skills

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