Underwriter, Credit Insurance Underwriting (Multiple Roles)

EDC; Ottawa; Hybrid; CAD 70,000 - 90,000; Full time

Job summary

A leading financial institution in Canada is seeking an Underwriter for Credit Insurance Underwriting. The role involves establishing customer relationships, assessing creditworthiness, and providing expert service in a hybrid work environment. Candidates should have a degree in a relevant field and at least 2 years of experience in insurance underwriting. Join a dynamic team and contribute to international trade success.

Benefits

Comprehensive Total Rewards package

Flexible benefits

Professional development programs

Qualifications

• 2+ years of experience in insurance underwriting or related financial services.
• Strong experience interpreting financial statements.
• Proficient in assessing creditworthiness through financial analysis.

Responsibilities

• Establish relationships with internal and external customers.
• Assess customer needs and deliver appropriate insurance coverage.
• Provide ongoing customer service as a subject matter expert.

Skills

Financial analysis skills

Client service skills

Negotiation skills

Communication skills

Education

Undergraduate degree in Business Administration or related discipline

Tools

Microsoft Office

Advanced Excel skills

Job description

Overview

Position: Underwriter Credit Insurance Underwriting (Multiple Roles)

Employment Type: Permanent

Location: Hybrid work environment with in-office presence 2 days per week (subject to change). Roles available from EDC’s headquarters in Ottawa, Toronto, Montreal, Halifax, Calgary or Vancouver. Relocation assistance is available for eligible candidates.

Application deadline: September 26 2025

Apply: Only candidates selected for an interview will be contacted.

About EDC: At Export Development Canada (EDC) we empower Canadian businesses to succeed globally. As a financial Crown corporation we offer innovative financial solutions and expert insights to help businesses explore new markets, mitigate risks and achieve growth.

Why Join EDC

• Collaborate with a diverse, experienced team to drive success.
• Thrive in a supportive, teamwork-driven environment.
• Impact global communities through sustainable growth in emerging markets.
• Recognized as one of Canada’s Top 100 Employers, Best Diversity Employers, and a Top 100 Family-Friendly Employers.
• Enjoy a comprehensive Total Rewards package including flexible benefits, a defined contribution pension plan, competitive vacation, wellness programs, and professional development.

Team overview

EDC’s Credit Insurance Underwriting group seeks dynamic professionals to assist Canadian companies in growing internationally. You will engage with customers to structure insurance coverage and assess counterparty creditworthiness, supporting international trade and the group’s performance and growth objectives.

What you will be doing

• Establish relationships with internal and external customers.
• Understand customer needs, determine optimal insurance coverage structure, terms and conditions, and deliver the product to the client or prospect.
• Provide ongoing customer service as a subject matter expert.
• Assess the creditworthiness of foreign companies using in-depth financial and credit analysis (liquidity, leverage, cash-flow, profitability, etc.).
• Develop loss mitigation strategies when allocated credits are at risk.
• Participate in continuous process improvement initiatives to streamline operations.
• Identify problems and champion enhancements to existing processes.
• Contribute to overall program results through excellence and execution.

What we are looking for

• Undergraduate degree in Business Administration, Accounting, Finance, Commerce or other relevant discipline (for all levels).
• 2 years (Underwriter level 15), 2–5 years (Underwriter level 16) or >5 years (Underwriter level 17) of experience in insurance underwriting or related financial services.
• Solid experience reading and interpreting financial statements with strong financial analysis skills.
• Experience structuring and negotiating complex structures with a can-do attitude and an outside-the-box mindset.
• Comfortable meeting with exporters at Executive and Senior Leadership levels to assess needs and outline appropriate structures.
• Personal agility: resilience and openness to changes in EDC’s business environment and structure; adaptability to changing requirements; comfort in ambiguous situations; ability to work in a matrix environment.
• Strong communication and collaboration skills; strong client service skills (internal and external).
• Significant experience leading the successful completion of increasingly complex commercial credit transactions across various industries and international markets.

What will make you stand out

• International and/or commercial banking experience.
• MBA, CFA or CPA designation.
• Working knowledge of insurance underwriting principles and practices.
• Advanced Excel skills; coding skills are an asset.
• Proficiency in English and French (fully bilingual).

Eligibility

EDC is committed to fair employment practices and preference will be given to candidates legally eligible to work in Canada (citizens or permanent residents). Candidates must meet government security screening requirements. This position is open to those who meet all essential criteria and who apply by the closing date.

This position may be filled by hiring for similar roles within 12 months.

Ready to make a difference? This is your chance to join a dynamic, growing team and make your mark on our organization, development, finance and the world. Apply today!

EDC’s Commitment to Employment Equity

Export Development Canada is dedicated to fostering employment equity and building a diverse workforce. We actively encourage applications from women, Indigenous peoples, visible minorities, persons with disabilities, and members of the 2SLGBTQI+ community. Should you require accommodation during recruitment, please let our Recruitment team know.

Key Skills

Time management, GIS, typing, Microsoft Office, underwriting, negotiation, and related skills.

Experience

Years: 1 vacancy available.