Underwriter, Credit Insurance Underwriting (Multiple Roles)

Export Development Canada | Exportation et développement Canada; Toronto; Hybrid; CAD 63,000 - 111,000; Full time

Job summary

A financial Crown corporation is looking for Underwriters for Credit Insurance Underwriting roles. This position involves establishing customer relationships, assessing creditworthiness, and providing expert service. Candidates should have a degree in Business or Finance and relevant experience. The role offers a hybrid work model and competitive salary based on experience levels.

Benefits

Flexible benefits (Medical, Dental, Life)

Defined Contribution Pension Plan

Competitive vacation program

Professional Development opportunities

Qualifications

• 2-5 years of experience in insurance underwriting or related financial services.
• Solid experience reading and interpreting financial statements.
• Strong client service skills (internal and external).

Responsibilities

• Establish relationships with internal and external customers.
• Provide ongoing customer service as a subject matter expert.
• Assess creditworthiness through financial and credit analysis.

Skills

Financial analysis

Client service skills

Communication skills

Collaboration skills

Problem-solving

Education

Undergraduate Degree in Business Administration, Accounting, Finance or related discipline

Tools

Advanced Excel

Job description

Overview

Join the EDC Team! At Export Development Canada (EDC), we empower Canadian businesses to succeed globally by providing financial tools, expertise, and support to explore new markets, reduce risk, and grow. This posting is for the Underwriter, Credit Insurance Underwriting (Multiple Roles) position.

Position details

• Position: Underwriter, Credit Insurance Underwriting (Multiple Roles)
• Employment Type: Permanent
• Compensation Details
  • 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 and hybrid work

• Hybrid work environment; currently require in-office collaboration 2 days per week (subject to change)
• Role can be performed from EDC’s headquarters in Ottawa, Toronto, Montreal, Halifax, Calgary or Vancouver
• Relocation assistance is available for eligible candidates

About EDC

Export Development Canada (EDC) is a financial Crown corporation that empowers Canadian businesses to succeed globally. 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 that drives 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
• Comprehensive Total Rewards package:
  • Flexible benefits (Medical, Dental, Life, etc.) with additional Flex credits
  • Defined Contribution Pension Plan with matching
  • Competitive vacation program (starting with 4 weeks vacation and 2 floater days for permanent employees)
  • Wellness programs (health, mental health, fitness)
  • Professional Development (conferences, language training, educational opportunities)

Team Overview

EDC’s Credit Insurance Underwriting group is seeking dynamic and motivated professionals to help Canadian companies go, grow and succeed internationally. You’ll work with internal and external partners to facilitate international trade by helping customers protect against non-payment risk from foreign companies. You will engage with customers to understand their needs, structure insurance coverage, and assess counterparty creditworthiness to balance customer-centricity with EDC’s business requirements. You’ll participate in performance and growth objectives and contribute to continuous improvement.

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

What You Will Be Doing

• Establish relationships with internal and / or 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, acting as subject matter expert for clients
• Assess the creditworthiness of foreign companies through in-depth financial and credit analysis (liquidity, leverage, profitability, cash flow, third-party / bank support, and industry trends)
• Develop loss mitigation strategies when allocated credits are at risk
• Participate in continuous process improvement initiatives to streamline operations
• Identify problems and champion process enhancements
• Contribute to overall program results through exceptional execution

What We Are Looking For

• Undergraduate Degree in Business Administration, Accounting, Finance, Commerce or related discipline (for all levels)
• 2 years (Underwriter level 15); 2-5 years (Underwriter level 16); 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 more complex structures with a can-do attitude and outside-the-box mindset
• Comfortable meeting with Exporters at Executive and Senior Leadership level to assess needs and outline appropriate structures
• Personal agility: resilience, adaptability, 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 completion of increasingly complex commercial credit transactions across various 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 are an asset
• Proficiency in both English and French (fully bilingual)

Eligibility

• EDC is committed to fair employment practices; preference to candidates legally eligible to work in Canada at the time of application (Canadian Citizens or Permanent Residents)
• Candidates must meet requisite government security screening requirements
• Open to those who meet all essential requirements and whose applications are received 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 (no link)

EDC's Commitment to Employment Equity

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. We promote 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. If you require accommodation during the recruitment process, please contact the Recruitment team at [e-mail].

Posting Details

• Posting Date: Aug 20, 2025, 9:49:50 AM
• Primary Location: Ontario-Ottawa
• Job Type: Permanent
• Schedule: Full-time

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Finance and Sales