Junior Underwriter

Junior Underwriter - JU040725

Department: Underwriting

Type of Position: Full Time, Permanent

Location: 7th Floor, 5160 Yonge Street, Toronto, ON

Reporting to: Manager, Underwriting

Work Model: Hybrid – flexible work schedule (All remote work must be completed from your home office within the province of Ontario.)

Grade: I

About Tarion

Since 1976, Tarion has served new home buyers and homeowners by ensuring that one of their life’s biggest investments is protected. Almost every new home in the province is covered by a new home warranty, which is backstopped by Tarion. More than 375,000 homes are currently enrolled in the warranty program, with about 55,000 new homes enrolled each year.

How We Make a Difference

A home is one of life’s biggest purchases. As an independent, not-for-profit organization, Tarion provides Ontario’s new home buyers and owners with peace of mind through the province’s new home warranty and protection program. Tarion ensures consumer protection by providing free tools, guides, and resources to help homeowners understand their builder’s warranty and navigate warranty claims with confidence. If a builder does not meet their warranty commitments, Tarion offers guidance to help homeowners ensure they receive the coverage they’re entitled to and, when necessary, steps in to help resolve warranty claims.

About the Role

The Underwriting Team assesses applications to sell and build new residential homes in Ontario, whether freehold homes or condominiums. The Underwriting process involves assessing the financial and technical risks associated with an application and proposing appropriate terms and conditions based on the analysis conducted. Areas of focus include financial risk to assess project feasibility and an applicant's ability to meet warranty obligations, history to assess past projects and warranty performance, and technical risk to assess the applicant's technical capabilities vis-a-vis the proposed construction plans. The Underwriting team collaborates with various departments within Tarion to complete risk assessments and issue terms and conditions.

As a Junior Underwriter, you are a dynamic, customer-focused individual who thrives in a high-volume, collaborative environment. You are risk-minded and have a background in underwriting. You can analyze financial statements, review legal documentation, and provide summaries and recommendations for risk assessments.

Responsibilities include:

• Assist Vendor/Builder in submitting applications on the Tarion online portal, Builderlink, when it is not a system-related matter.
• Assist Vendor/Builder with telephone and email questions about their files and the Underwriting application process.
• Collect and review application documents from Vendor/Builder.
• Review financial statements and credit information for certain Vendors/Builders and Indemnitors.
• Provide support in ad-hoc departmental projects.
• Assist with issuing the Terms & Conditions letters to the Vendor/Builder.

A great candidate for this position will have:

• Community College Diploma.
• Financial literacy, including basic understanding and ability to interpret a financial statement.
• Proven ability to meet strict deadlines and manage multiple priorities.
• Experience with conflict resolution to achieve win-win outcomes.
• Exceptional customer service skills.
• Strong organizational, analytical, and problem-solving skills.
• Strong communication skills: verbal and written.
• Proficiency in Microsoft Office, Excel, and Outlook.
• Proven ability to work effectively with a variety of audiences and be a team player.
• Demonstrated ability to balance multiple priorities in a dynamic team environment.
• Demonstrated interest in and commitment to continuous learning.

Why Choose Tarion?

We believe that Tarion’s employees are its most valuable asset. We strive to provide a welcoming work environment. We offer employees a competitive compensation program, opportunities for learning and development, an employee discount program, access to wellness programs, and a variety of Employee Assistance Program tools and online resources to support well-being.

At Tarion, we believe that a strong commitment to diversity and inclusion allows employees to perform at their very best and underpins a culture in which everyone feels they have an equal opportunity to belong and build a career. Tarion is committed to developing and maintaining work environments and practices that ensure equality of opportunity in recruitment, selection, and promotion, and to removing systemic barriers so that employees have every opportunity to feel included in the workplace.

If you are a person with a disability and have questions or would like help with your application, please contact a member of the Human Resources Department.

Application Submissions & Deadline:

Please submit a single file with a covering letter and resume with vacancy code JU040725 by no later than April 14, 2025.