Underwriter, Developer Surety

Job Description

Monday, November 18, 2024 At Trisura , we expect more because we believe it can be done better. We are a young, growth-oriented team with a commitment to exceptional talent and have been named one of Canada’s Top Small and Medium Employers since 2017. Our growth and our entrepreneurial style, niche market position, and development opportunities ensure that our people see the results of their commitment reflected in the company’s success. We are currently seeking a qualified individual to join the dedicated, forward-thinking Surety team in our downtown Toronto office. FINANCIAL ANALYST / UNDERWRITER, DEVELOPER SURETY - TORONTO Developer Surety bonds are used by developers of residential projects to satisfy provincial legislation by providing warranty and deposit protection for new home buyers. Trisura is an approved issuer of Tarion bonds in Ontario and provides deposit insurance and warranty coverage in Ontario, British Columbia, and Alberta. The successful applicant for the Developer Surety role will be responsible for assessing the financial position and creditworthiness of new and existing developer surety clients, underwriting development projects for Developer Surety bond support, monitoring developer surety projects, and providing recommendations to senior management. The ideal candidate is driven and results-oriented with the capability to build upon and foster relationships with brokers and new and existing clients. As an integral member of the team, you will bring: Growth mindset Demonstrated capability for outstanding customer service Proven track record for quick, accurate problem resolution Passion for excellence and detail orientation Excellent communication and interpersonal skills The ability to thrive in a fast-paced environment with multiple priorities The capacity to work independently and in a team environment Responsibilities: Underwriting of new business applications. Analyzing financial strength and financial position of current and new business applications. Negotiating specific terms and conditions for the issuance of Developer Surety bonds. Monitoring of various development projects and exposures. Developing new business through networking/marketing with brokers, clients, developers, consultants, lawyers, etc. Gaining and expanding upon industry knowledge to improve underwriting decisions. Representing Trisura at various developer associations and industry-related functions. Qualifications: Successful completion of a Bachelor’s degree in a related field. 1+ years of experience in developer surety, surety, insurance, banking, cost consulting, or other related roles. Experience in a legal or real estate environment is an asset. Experience in commercial lending is an asset. If you are looking for a career in an exciting and rewarding company, are driven to excel, thrive in a team environment, and want to contribute to the success of an organization that values your contribution, we would like to hear from you! We are committed to an inclusive and barrier-free workplace that reflects the diversity in each of our offices across Canada. Accommodations will be provided on request for candidates taking part in all aspects of our recruitment and selection process. We thank all candidates for their interest; however, only those selected for an interview will be contacted. Trisura , headquartered in the heart of Canada’s financial district, is a specialty lines insurer with a focus on Surety, Specialty Insurance, Property & Casualty, and Warranty products. Trisura brings innovative solutions and expertise through a select network of both national and regional brokerage firms. For more information, visit trisura.com/careers . 333 Bay St., Toronto, ON M5H 2R2, Canada #J-18808-Ljbffr