Senior Underwriter/Specialist, Contract Surety

Tokio Marine Canada Ltd.; Vancouver; Hybrid; CAD 90,000 - 130,000; Full time

Job summary

Tokio Marine Canada invites applications for a Senior Underwriter/Specialist, Contract Surety. You will help build and manage the surety business in Western Canada, collaborating with brokers and internal partners to deliver tailored solutions.

Reporting to the VP Surety, Western Region, you will evaluate risks, analyze financial statements, and manage a portfolio with a focus on growth, efficiency, and regulatory compliance. Travel across regions is required.

Qualifications

• Bachelor’s degree in Business or related preferred.
• Minimum 4 years of experience in Contract Surety.
• Strong written and verbal communication skills.
• Ability to manage multiple priorities and meet deadlines.

Responsibilities

• Evaluate new risks to determine acceptability and pricing.
• Analyze financial statements, capacity, collateral and character of opportunities.
• Review projects and approve within authority or recommend denial.
• Manage ongoing surety portfolio and ensure accounts are up to date.
• Collaborate with the surety team to improve systems and processes.
• Support marketing, legal and claims services when required.
• Build and manage broker relationships and promote TMCan brand.

Skills

Communication skills

Organizational skills

Attention to detail

Prioritization

Cross-collaboration

Thought leadership

Bilingual English/French

Problem solving

Education

Bachelor’s degree in Business or related

Tools

Microsoft Office

Job description

Join Us as a Senior Underwriter/Specialist, Contract Surety

Tokio Marine Canada (TMCan) is a Canadian early-stage entrepreneurial commercial P&C insurer based in Toronto. We partner with select brokers to deliver tailored business insurance solutions across Canada. As part of the Tokio Marine Group, we are able to collaborate under a shared framework while maintaining autonomy and local decision making.

We support Canadian businesses in taking smart risks by delivering practical insurance solutions and exceptional service through trusted broker partnerships.

The Opportunity

Working closely with business leaders and your peers, we are looking for a Sr. UW/Specialist, Contract Surety Solutions (depending on experience). Reporting to the VP Surety, Western Region, you will be helping to build and manage the surety business in Western Canada, through working collaboratively with the Tokio Marine Canada Surety unit.

Our focus is simple - create the best team of professionals in the business. If you enjoy the excitement, challenges and rewards that come with creating better ways to do business, this may be the opportunity for you.

What You’ll Be Doing

Underwriting

• Evaluate new risks through thorough analysis to determine acceptability and pricing.
• Analyze financial statements, capacity, collateral and character of new surety opportunities.
• Analyze and review projects, approving within given authority, or recommending approval or denial of surety bonds.
• Conducting ongoing review and management of surety portfolio, ensuring accounts are up to date with action items being followed up.
• Work with surety team with suggestions for improving systems and processes, with focus on continued efficiencies.
• Help assist underwriting efforts across country where needed.
• Support marketing, legal and claims services when required.

Strategy, Broker Management and Brand promotion

• Build and manage select broker relationships.
• Working with surety team in building and implementing broker strategy.
• Promoting the Tokio Marine Canada brand, working closely with various business units including ProFin and Commercial Insurance.
• Travel to various regions on a regular basis. Participate in various broker and industry events as required.

Who You Are

You are an experienced Contract Surety underwriter. You are a team player with a positive attitude who thrives in a consensus culture with an emphasis on collaboration. You are a self-starter who is excited by the opportunity to jump right in and can come up to speed quickly. You are comfortable working on a lean team and are not afraid to roll up your sleeves and do the work that needs to be done.

You Bring

• The ideal combination of education and experience including:
  • University Bachelor’s Degree, Business or related preferred.
  • Minimum 4 years of experience in Contract Surety.
• The ability to partner with our staff within different lines of business.
• A high level of organizational skills and attention to detail.
• A proven ability to manage multiple priorities and meet deadlines, driving for results.
• Thought leadership and can innovate solutions quickly.
• Strong written and verbal communication skills.
• Experience working closely with others and enjoy an atmosphere of cross-collaboration.
• The ability to thrive in a fast paced and changing environment and be comfortable with ambiguity.
• Superb customer service skills.
• Proficiency in Microsoft Office (Word, Excel, Powerpoint, Teams, and Outlook).
• Bilingual (English/French) preferred but not required.

Life at Tokio Marine Canada

At TMCan, we’re a relationship company. We value collaboration, innovation, and inclusion, where every voice matters and every team member makes an impact. We believe in flexibility, authenticity, and growth: because when our people thrive, so does our business. TMCan offers the unique opportunity to work side by side with senior leaders, gaining direct exposure to strategic decision-making and business planning.

Our CARE Values Guide Everything We Do

Collaborative: We communicate openly, support one another, and work as one team.

Achieving Excellence: We challenge the status quo and exceed expectations.

Responsive: We anticipate needs and deliver timely, exceptional service.

Ethical & Respectful: We act with integrity and empower our people to do the right thing.

Our Commitment to an Inclusive and Respectful Workplace

At TMCan, we are deeply committed to fostering a culture of equity, diversity, and inclusion. We strive to create a workplace where every individual is welcomed, respected, and valued for their unique identity and perspective. By embracing our differences and learning from one another, we aim to build a positive and empowering environment for all.

Tokio Marine Canada was proudly recognized as one of the Best Places to Work in Canada by Canadian HR Reporter in 2024.

We work in a hybrid model, and you should expect to split your time between working in the office and working remotely, with flexibility based on the role and the business needs. We currently have an office in downtown Toronto and will eventually be establishing offices in other provinces. Should you currently work in a province where we do not have an office, you will remain remote until such time as we do establish an office.

Tokio Marine Canada is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if TMCan hires that candidate.