Underwriter, Credit Insurance Underwriting (Multiple Roles)

Export Development Canada; Toronto; Hybrid; CAD 63,000 - 111,000; Full time

Job summary

A Canadian financial Crown corporation is seeking multiple Underwriters for Credit Insurance Underwriting roles. Candidates will assist Canadian companies in mitigating risks while expanding globally. The position offers a hybrid work environment and competitive salaries based on qualifications and experience. Candidates should possess strong financial analysis skills, a relevant undergraduate degree, and experience in insurance underwriting.

Benefits

Flexible benefits

Defined Contribution Pension Plan

Competitive vacation program

Comprehensive wellness programs

Professional Development

Qualifications

• 2-5 years of experience in insurance underwriting or related financial services experience.
• Strong communication and collaboration skills.
• Ability to assess creditworthiness of foreign companies.

Responsibilities

• Establish relationships with customers to determine insurance coverage.
• Assess creditworthiness through financial analysis.
• Engage in continuous process improvement initiatives.

Skills

Financial analysis

Communication

Client service

Collaboration

Education

Undergraduate Degree in Business Administration

Tools

Excel

Job description

Application deadline: September 26, 2025

Join the EDC Team!

At EDC, we support Canadian businesses to succeed globally. We provide the financial tools and expertise they need to explore new markets, reduce risks, all towards the goal of making Canada and the world better through trade. #LI-Hybrid

Position:Underwriter, Credit Insurance Underwriting (Multiple Roles)

Employment Type:Permanent

Compensation Details :

• Salaries are based on qualifications and experience and typically range from ;
  • Underwriter level 15 : $63,894 - $85,194 + performance based incentive.
  • Underwriter level 16: $72,840 - $97,121 + performance based incentive.
  • Underwriter level 17 : $83,037 – $110,717 + performance based incentive.

Location:

• Export Development Canada operates in a hybrid work environment, currently requiring employees to work in the office 2 days per week. (subject to change)
• This role can be performed from EDC’s headquarters in Ottawa, Toronto, Montreal, Halifax, Calgary or Vancouver.
• Relocation assistance is available for candidates who meet the eligibility criteria.

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 – Work alongside talented professionals who bring a wealth of knowledge and expertise to drive success.
• Thrive in a supportive, teamwork-driven environment – Flourish in a workplace where collaboration and mutual support are paramount.
• Impact global communities through sustainable growth in emerging markets – Make a meaningful difference by fostering sustainable development in key regions around the world.
• Recognized as one of Canada’s Top 100 Employers, Best Diversity Employers, and a Top 100 Family-Friendly Employers – Join a company that is celebrated for its commitment to excellence, diversity, and work-life balance.
• Enjoy a comprehensive Total Rewards package:
  • Flexible benefits – Our program lets you choose coverage that suits your unique needs, including Medical, Dental, Life, and more. Plus, we offer additional Flex credits to tailor your plan even further.
  • Defined Contribution Pension Plan – Secure your future with our generous matching program that helps you save for retirement.
  • Competitive vacation program – Enjoy a work-life balance with our competitive vacation program, starting with 4 weeks of vacation and 2 floater days each year for permanent employees.
  • Comprehensive wellness programs – Stay healthy and happy with access to wellness initiatives, mental health support, and fitness programs.
  • Professional Development – Advance your career with our support for growth and development through conferences, language training, and educational opportunities.

Team overview

EDC’s Credit Insurance Underwriting group is looking for dynamic and motivated professionals to assist Canadian companies go, grow and succeed internationally. Working in close collaboration with both internal and external partners, the successful candidate(s) will facilitate international trade by helping our customers protect themselves against the risk of non-payment from foreign companies.

In the underwriting role you will be relied upon to engage with EDC’s customers to understand their needs, structure insurance coverage and assess counterparty creditworthiness to achieve the optimal balance between customer-centricity and EDC’s business requirements. In addition, you will, actively participate in the attainment of the group’s performance and growth objectives and be engaged in continuous improvement in order to remove obstacles, enhance the work environment and improve the customer experience.

We are currently recruiting for multiple permanent underwriter roles. This poster may also be used to fill future hiring needs over the next 12 months.

What you will be doing

• Establishes relationships with internal and\or external customers;
• Understands customer needs, determines optimal insurance coverage structure, terms and conditions and participates in delivery of the product to the client or prospect;
• Provides on-going customer service, acting as subject matter expert for our clients;
• Assesses the creditworthiness of foreign companies, understanding the likelihood of a company honoring its obligations through in depth financial and credit analysis (liquidity analysis, leverage & maturity schedules, profitability, cash-flow management, third party\bank support and other factors such as competitiveness, market conditions\elasticity of demand, industry trends);
• Participates in developing loss mitigation strategies when allocated credits become at risk;
• Participates in continuous process improvement initiatives to streamline operations;
• Identifies problems and champions enhancements to existing processes;
• Contributes to the overall improvement of the programs results by striving for excellence and unrivaled 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 greater than 5 (Underwriter level 17 ) of experience in insurance underwriting or related financial services experience.
• Solid experience reading and interpreting financial statements with strong financial analysis skills.
• Experience structuring and negotiating more complex structures with a can-do attitude and an outside the box mindset.
• Comfortable meeting with Exporters at Executive and Senior Leadership level in order to assess needs, determine and outline appropriate structures
• Personal agility:
  • ability to demonstrate personal resilience and openness to changes to EDC’s business environment and structure,
  • adapting one’s approach as the requirements of a situation change,
  • being comfortable in ambiguous situations and changing or easily accepting and managing changes in one’s job requirements,
  • working 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 a variety of industry sectors and\or 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 is an asset.
• Proficiency in both English and French (fully bilingual).

Eligibility:

EDC is committed to Fair Employment Practices and preference will be given to a candidate who is able to work legally in Canada at the time of application (Canadian Citizens or Permanent Residents). Candidates must meet the requisite government security screening requirements.The position is open to those who meet all of the essential requirements stated above and whose applications are received by the closing date.

This position is open to individuals who meet all the essential criteria outlined above and submit their applications by the closing date. Ready to make a difference? This is your chance to join a dynamic, growing team and leave your mark on our organization, development finance, and the world.

Apply today!

Want to learn more about EDC? Check our website here https://www.edc.ca

EDC's Commitment to Employment Equity

Export Development Canada (EDC) is dedicated to fostering employment equity and building a diverse workforce. We are committed to creating a safe and inclusive environment that respects people from all cultures, backgrounds, and abilities. At EDC, we nurture a culture of inclusion and belonging where everyone has equal opportunity to grow, develop, succeed, and be their truest selves.

We actively encourage applications from women, Indigenous peoples, visible minorities, persons with disabilities, and members of the 2SLGBTQI+ community.

Should you require any accommodation during the recruitment and selection process, please let our Recruitment team know

Your application must clearly demonstrate how you meet all the requirements. We thank all applicants' interest in a career at EDC; however, only those selected for an interview will be contacted. Please note that qualified candidates may be considered for similar roles at this level within EDC.

Should you require any accommodation during the recruitment and selection process, please contact the Recruitment team at [e-mail] .