Surety Underwriter - Toronto, Canada - REVAU
Description
Summary
Main responsibilities
New business
- - Evaluate, suggest and establish bonding capacity conditions for contractors.
- - Review terms with brokers and contractors.
- - Handle new business analyzing, underwriting, and servicing based on insurer guidelines.
- - Recommend specific bond wording adjustments if necessary.
Renewals
- - Process renewals following insurer guidelines.
- - Propose and apply changes to policy conditions when needed.
- - Collaborate with team members on current and future opportunities.
- - Assist underwriters in redefining renewal terms.
Development
- - Build strong relationships with brokers by providing top-notch service.
- - Represent the company at industry events.
- - Foster business connections with new and existing brokers through marketing visits.
Profile
- - 1 to 3 years' experience in financial analysis.
- - Previous experience in bonding or a related field.
- - Bachelor's degree in business administration with a focus on finance or accounting.
- - Strong analytical and decision-making skills with solid technical knowledge.
- - Capacity to synthesize information effectively.
- - Adaptability and flexibility to embrace change.
- - Excellent communication and negotiation abilities.
- - Strong sense of responsibility and ability to prioritize tasks.
Benefits
- - Group Insurance, Health Spending Account, Employee & Family Assistance Program, and Telemedicine.
- - Participation in a retirement plan with contributions from the employer.
- - 7 Personal days and Birthday leave.
- - Bonus program and Ongoing Courses Reimbursement Program.
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