Senior Underwriting Specialist, Contract Surety

Posted 4 Days Ago
Be an Early Applicant
Toronto, ON, CAN
Hybrid
95K-145K Annually
Senior level
Insurance
The Role
Underwrite new and existing contract surety accounts, assess financial strength and credit risk, prepare recommendations and credit presentations, negotiate terms and security requirements, manage broker and contractor relationships, develop business opportunities, and monitor construction industry trends. The role also contributes to process improvements, portfolio growth, and underwriting best practices.
Summary Generated by Built In

At Trisura, we expect more because we believe it can be done better.

 

We are a young, growth oriented team with a commitment to exceptional talent and have been named one of Canada’s Top Small and Medium Employers since 2017. Our growth and our entrepreneurial style, niche market position and development opportunities ensure that our people see the results of their commitment reflected in the company’s success.

 

We are currently seeking a qualified individual to join our dynamic, forward-thinking team of Surety professionals in our Toronto office. 

 

 

SENIOR UNDERWRITING SPECIALIST, CONTRACT SURETY

 

TORONTO

 

The successful applicant will be a passionate and results oriented surety professional with strong technical underwriting capabilities and a demonstrated ability to develop and maintain productive broker and client relationships.

 

The role combines financial and risk analysis with business development, account management, and portfolio growth responsibilities, making it an ideal opportunity for an experienced underwriter seeking continued professional growth within a collaborative and entrepreneurial environment.

 

As an integral member of the team, you will bring:

 

  • Demonstrated capability for outstanding customer service and building long-term relationships with brokers and contractors
  • Proven track record for problem resolution and ability to identify, evaluate, and mitigate underwriting risks
  • Strong financial statement analysis and credit assessment capabilities
  • Ability to develop solutions to complex underwriting and account management challenges
  • Exceptional attention to detail and commitment to underwriting excellence
  • Strong organizational skills and ability to thrive in a fast-paced environment with multiple priorities
  • Excellent verbal and written communication skills
  • Strong work ethic, and the ability to work well, both independently and in a team-based environment
  • Strong decision-making skills and sound professional judgement
  • Advanced working knowledge of Word, Excel and Outlook

 

Accountabilities include:

 

  • Underwrite new and existing contract surety accounts in accordance with company guidelines and delegated authority
  • Analyze, assess and monitor the financial strength of new and existing accounts
  • Prepare underwriting recommendations, account reviews, and credit presentations for management approval
  • Negotiate underwriting terms, conditions, security requirements, and facility structures with brokers and contractor clients 
  • Proactively identify new business opportunities through networking and marketing with brokers, contractors, and other industry partners
  • Represent Trisura at various associations and industry related functions
  • Contribute to underwriting solutions, process improvements, and best practices across the department in general
  • Maintain awareness of construction industry trends and market conditions
  • Expand upon industry knowledge to improve underwriting decisions through courses and training

 

Qualifications:

 

  • Successful completion of BCom, or BA with Business, Accounting or Finance focus
  • 5+ years’ experience in Contract Surety, Accounting, Finance or Banking
  • Bilingual in French and English is an asset

 

Location:

 

  • Downtown Toronto – Hybrid 

 

Salary:

 

  • The expected salary in this position is within the range of $95,000-$145,000

 

This salary range reflects the expected base compensation for the role across Canada. Actual compensation will be determined based on factors such as experience, qualifications, and scope of responsibilities. Trisura provides this range in good faith in accordance with applicable legislation.

 

This position is for an existing, currently vacant position.

 

#LI-Hybrid

If you are looking for a career in an exciting and rewarding company, are driven to excel, thrive in a team environment and want to contribute to the success of an organization that values your contribution, we would like to hear from you!
We are committed to an inclusive and barrier-free workplace that reflects the diversity in each of our offices across Canada. Accommodations will be provided on request for candidates taking part in all aspects of our recruitment and selection process.
We thank all candidates for their interest however only those selected for an interview will be contacted.
Trisura, headquartered in the heart of Canada’s financial district, is a specialty lines insurer with a focus on Surety, Specialty Insurance, Property & Casualty, and Warranty products.
 
Trisura brings innovative solutions and expertise through a select network of both national and regional brokerage firms. 
 
The company, founded in 2006, and operating across North America with offices in Toronto, Ottawa, Halifax, Montréal, Calgary, Vancouver, Stamford. Denver, Chicago, Philadelphia and Oklahoma City, is uniquely positioned to satisfy all varieties of risk in Contract, Commercial and Developer Surety, Directors' and Officers' Liability, Fidelity, and Professional Liability including Media Liability, as well as Warranty products.
 
trisura.com/careers
 

Skills Required

  • Bachelor of Commerce degree, or Bachelor of Arts degree with a focus in Business, Accounting, or Finance
  • 5+ years of experience in Contract Surety, Accounting, Finance, or Banking
  • Advanced working knowledge of Microsoft Word, Excel, and Outlook
  • Bilingual proficiency in French and English
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The Company
HQ: Toronto
449 Employees
Year Founded: 2006

What We Do

Trisura Group is an international specialty insurance holding company operating in surety, risk solutions, corporate insurance, and reinsurance. It creates custom insurance and surety solutions for niche corporate clients, emphasizing expertise and personalized service. Its offerings include flexible commercial, casualty, umbrella, excess liability, cyber, directors and officers, employment practices, professional liability, and fronting insurance solutions for business risks.

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