927 EN - Underwriter, CIU at Export Development Canada | Exportation et développement Canada

Ottawa, Ontario, Canada -

Full Time

Start Date

Immediate

Expiry Date

09 Sep, 26

Salary

128742.0

Posted On

11 Jun, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Analysis, Credit Underwriting, Risk Assessment, Financial Statement Interpretation, Insurance Structuring, Client Relationship Management, Creditworthiness Assessment, Loss Mitigation, Commercial Credit Transactions, Negotiation, Collaboration, Communication

Industry

Financial Services

Description

Application deadline: June 26, 2026 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 (Permanent and Contract Multiple Roles) Employment Type: Permanent and Contract Compensation Details: Underwriter 15: Salaries range from $65, 172 to $86,897 annually, based on qualifications and experiences, plus a performance-based incentive. Underwriter 16: Salaries range from $74,297 to $99,063 annually, based on qualifications and experience, plus a performance-based incentive. Underwriter 17: Salaries range from $84, 698 to $112, 932 annually, based on qualifications and experiences, plus a performance-based incentive. Underwriter 18: Salaries range from $96, 557 to $128, 742 annually, based on qualifications and experiences, plus a performance-based incentive. Location: Export Development Canada operates in a hybrid work environment, with a current requirement of two days per week increasing to three days per week in September 2026 (subject to change). This role can be performed from EDC’s headquarters in Ottawa or from one of our Community Hubs located in Toronto, Halifax or Moncton Relocation assistance is available for candidates who meet the eligibility criteria for permanent roles only. Internal Employees, please consult the ServiceNow article entitled Internal movements – what you need to know. 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? Comprehensive Benefits: EDC offers a competitive compensation & benefits package, work-life balance, & the opportunity to help make Canada and the world better through trade. Work-Life Balance: EDC offers a competitive compensation package & work-life balance. We have hybrid work options, 3 to 4 weeks paid vacation, a corporate closure period, summer early Friday’s & no meeting Fridays. Professional Development: Take advantage of our continuous learning opportunities, including training programs, workshops and language training. Inclusive Culture: Be part of a diverse and inclusive workplace that champions employment equity & values diversity of ideas, strengths, & backgrounds to succeed. Wellness Programs: Access to wellness initiatives, mental health support, and fitness programs to keep you healthy and happy. Community Engagement: Participate in volunteer opportunities and give back to the community through our various social responsibility programs. 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. Brief overview 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), 5 years (Underwriter level 17) or greater than 7 years (Underwriter level 18) 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: 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. 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 accessibility@edc.ca. Privacy Notice By applying for this job you acknowledge that you have read and understood EDC’s Privacy Notice for Job Applicants, which outlines how we collect, use, retain, and safeguard personal information during the recruitment process, as well as your rights of access and correction.

Responsibilities

The role involves assessing the creditworthiness of foreign companies and structuring insurance coverage to protect Canadian exporters against non-payment risks. It also requires managing client relationships and participating in continuous process improvement initiatives.