Us Amynta Group
Senior Underwriter
Toronto · Senior · Full-time
Sponsorship not specifiedDetected 7 days ago
StatisticsFinancial ModelingFinancial AnalysisAccountingCollaborationUnderwriting
About the role
- We're thrilled that you are interested in joining us here at the Amynta Group!
- Our growth strategy is focused on a wide underwriting appetite for Commercial Surety risks, including Mining Reclamation Bonds, Performance/Payment Bonds for Service Providers and Manufacturers, and Developer Surety Bonds.
- Applicants with disabilities may be entitled to reasonable accommodation throughout the recruitment process in accordance with applicable human rights and accessibility legislation.
Responsibilities
- Implement and execute the underwriting strategy established by SVP Canada for the Canada Region, including assistance with portfolio management/review responsibilities.
- Collaboratively support the SVP Canada in executing the Broker Strategies & Objectives developed by Canada Region.
- In collaboration SVP Canada, establish and manage account level authorities in the Canada Region to ensure all ALOCs are maintained current within 10 days of expiration.
- Meet with Regional Brokers and Accounts if/when support is requested by SVP Canada.
- Communicate and Collaborate with SVP Canada Region and CUO to ensure staffing and workflow is adequate to support Canada Region customer (external & internal) service and performance expectations.
- Continuously monitor portfolio of accounts using a proactive diary to ensure information is up to date and collaborate with Regional Underwriter to act where/when necessary to manage, mitigate, eliminate risk associated with a deteriorating account or an account's failure to meet terms, conditions, and requirements.
- Immediately alert communicate with SVP Canada to confirm if/when there is a material deterioration in account status or condition including claim notices and subsequently, with support of SVP Canada report accordingly to the CUO.
- Own outcomes. Works collaboratively with SVP Canada, CUO, and Surety Claims on workouts, defaults, and bankruptcies to minimize/mitigate claim exposure.
Requirements
- Advanced technical expertise, underwriting skills and knowledge of surety underwriting principles, practices and procedures
- Proven experience with financial statement analysis, financial modeling and valuation.
- Proficiency in the French language is an asset
- Bachelor's degree in Accounting, Finance or Business Administration
- Ability to effectively communicate underwriting observations, comments, questions, and decisions, both orally and in-writing ROLE & RESPONSIBILITIES
Benefits
- Prepare Special Acceptance submissions to Amynta Surety Solutions Home Office on over-line account accreditations and bond requests.
- Assist summary operational and financial analysis, and a recommendation (including Terms & Conditions) to SVP Canada and/or CUO/CEO (Home Office) for all new/renewal Account Lines of Credit ("ALOC") Submissions.
- Be a part of a fast growing, innovative surety team.
Company info
- We are a fast-paced surety underwriting operation providing innovative solutions to our customers in Canada that require surety bonds locally and in the U.S. We encourage your unique perspectives, experiences and ideas to grow together.
- We are currently recruiting a Senior Underwriter to support our office located in Toronto, ON.
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