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: Underwriting Advisor, Credit Insurance Underwriting

Employment Type: Permanent

Compensation Details :

• Underwriter 18: Salaries typically range from $94,664 to $126,219 annually, based on qualifications and experiences, plus a 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 or from our Community Hubs in Toronto.
• 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 a dynamic and self-motivated professional to assist Canadian companies go, grow and succeed internationally. Working in close collaboration with both internal and external partners, the successful candidate will facilitate international trade by helping our customers protect themselves against the risk of non-payment from foreign companies.

In the Underwriting Advisor role, you will be relied upon as an underwriting and Credit Insurance Underwriting product expert in the program, for coaching and mentoring, as well as leading initiatives with program wide impact. The successful candidate will be a key contributor to the Credit Insurance program objectives by overseeing and authorizing transactions, 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 to remove obstacles, enhance the work environment and improve the customer experience. The Underwriting Advisor will collaborate closely with your counterparts across the program and demonstrate informal leadership skills in line with the leadership team’s goals to support national and program objectives.

Discipline Summary

• Customer Relationship focus.
• Credit and Financial analysis.
• Policy structuring \ needs assessment.
• Problem solving.
• Target achievements.
• Informal team leadership.
• Coaching and Mentoring others.
• Cross team collaboration mindset.
• Program initiative, continuous improvement and project lead.

What you will be doing:

• Ensure high performance of team by supporting and coaching team members on following best practices when preparing new business quotes and renewals. Put our best foot forward with regards to structure, pricing, and risk appetite and by listening to the Customer and partner needs to grow and retain/win the business in balance with Credit Insurance Underwriting program’s growth and sustainability.
• Provide coaching and mentorship on managing Credit Insurance Underwriting policies in a way that allows knowledge transfer while optimizing customer relationships and delivering customer centric solutions and services.
• Review, recommend and authorize New Business, renewal, credit and non-credit transactions.
• Provide feedback for underwriters and suggest areas of improvements, directly to underwriters as well as the leadership team to support performance management.
• Anticipate business requirements and provides support to the underwriters on Customer or partner issues to ensure strong customer understanding and satisfaction.
• Contribute to the consistency of product delivery and risk appetite for the program through strong communication and alignment.
• Collaborate with support groups, peers and contribute to operationalizing or lead corporate and program initiatives within the team. Have a shared view of success across the program and value streams.
• Support effective collaboration with various internal stakeholders to ensure our clients receive service aligned with EDC and program standards. Support growth and execution of key priorities for the team and EDC.

What we are looking for:

• Undergraduate Degree in Business Administration, Accounting, Finance, Commerce or other relevant discipline (for all levels).
• Minimum of 7 years’ experience in insurance underwriting and/or bank guarantees or related experience
• Significant experience in participating to the successful completion of commercial credit transactions across a variety of industry sectors and/or international markets
• 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 to assess needs, determine and outline appropriate structures
• Experience in mentoring and coaching
• 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 skills (written and verbal) and collaboration skills
• Strong client service skills (internal and external)

What will make you stand out:

• International and/or commercial banking experience.
• MBA, CFA or CPA designation.
• Advanced Excel skills. Coding skills is an asset.
• Proficiency in both English and French (fully bilingual).

Eligibility:

• EDC is dedicated to Fair Employment Practices. Applicants must be Canadian citizens or hold valid permanent residency cards at the time of application. Preference will be given to candidates who are legally able to work in Canada (Canadian Citizens or Permanent Residents). Candidates must also meet the government security screening requirements.

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

Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at EDC; however, only those candidates who are selected for an interview will be contacted.