Underwriter, Developer Surety

333 Bay St., Toronto, ON M5H 2R2, Canada

Job Description

Posted Monday, November 18, 2024 at 5:00 AM

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 to assess the financial position and creditworthiness of new and existing developer surety clients, underwrite development projects for Developer Surety bond support, monitor developer surety projects, and provide 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

• 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.
• Gain and expand upon industry knowledge to improve underwriting decisions.
• Representing Trisura at various developer associations and industry related functions.

• 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 role.
• Experience in a legal or real estate environment, an asset.
• Experience in Commercial lending, 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.