Senior Surety Underwriter Jobs

We have an excellent career opportunity with our Contract Surety team in Markham for a Senior Surety Underwriter position.
Under the guidance of the Bond Manager, the Senior Contract Underwriter produces an underwriting profit and protects against losses by proper risk selection and underwriting of all types of fidelity and surety bonds, primarily contract bonds, within authority limit.
You will be responsible for maintaining, practicing and implementation of the Contract Surety policies, guidelines, procedures and operating process’ for an assigned book of business assigned contracting accounts and already accredited Brokers. Maintenance and improvement of the Surety Contract business through the adherence to Surety and Aviva Corporate Strategic Plan is a key aspect of the role responsibilities. This position is expected to generate contract surety revenue through direct contract surety accounts, account acquisition and retention targets and maintenance a loss ratio or the yearly parameter set in the strategic objectives. This position has an increased level of complexity of accounts and business related issues than a Contract Surety Underwriter that could have a substantial financial impact both negative and positive on the performance of the department. The position is also responsible for providing mentoring and underwriting support to Contract Surety Underwriters. You will work closely with Leaders and provide input as required on all aspects of the operation.
What You'll Do
Underwriting: This position is responsible for the maintaining, practicing and implementation of the Contract Surety policies, guidelines, procedures and operating process’ for the geographical area of responsibility including assigned contracting accounts and accredited Brokers of a higher complexity and reliance than the Contract Surety Underwriter. The position is further responsible for the maintenance and enhancement of the Surety Contract business through the adherence to Surety and Aviva Corporate Strategic Plan.
Strategic Plan: Promotion of the short term Contract Surety Strategic plans through the implementation, monitoring and maintenance of the Contract Surety Strategic and Marketing plans to targeted and existing brokers, contractors and contracting accounts. Further to maintain enhance current surety relationships with key brokers and contractors under the supervision of The Contract Surety Supervisor.
Service: Promote and provide where possible high levels of service to both internal and external customers as per the Surety Service Plan.
Teamwork: participate and contribute to a cohesive and functional group environment. Assist where needed and required through policy, procedure, guideline, process interpretation, underwriting support and external business related issues to junior and other senior members of the department.
What You'll Bring

• 5 years underwriting experience within a Surety organization to the comparable level of responsibilities, accounts and broker partners.
• Clear and effective communication and interpersonal skills and a comfort level to communicate to all levels.
• Have a thorough knowledge of the issues and approaches to contract surety underwriting and business approaches, have a high degree of negotiating and presentation skills.
• Have the ability to provide technical and business related assistance to other members of the department with emphasis on mentoring support to more junior members of the Surety Department.
• Ability to interact with both internal and external customers through written and oral skills, have a marketing and analytical ability.
• Thorough knowledge of the issues and approaches to the surety industry and underwriting matters, knowledge of the accounting cycle, basic knowledge of construction related terms and process’, understanding of the Surety model and possess marketing, negotiating and analytical abilities.
• Your ability to deal with increased complexity is key to your success.
• University Related Degree, preferably commerce, economics and or business co-op degree related educational background
• Ability to tackle requests, situations and underwriting and business related issues and problems effectively within the departmental parameters with increased complexities and timeliness. Improved level of analytical review and situation resolution with positive outcomes through the collaboration with partners.
• This position requires a high degree of written and oral communication with external customers that require clear and concise responses given the high level of risk selection.

What You’ll Get

• Exceptional Career Development opportunities.
• Competitive rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.
• We’ll support your professional development education.

Additional Information
Aviva Canada is committed to providing accommodations for people with disabilities during all phases of the hiring process including the application process. If you require an accommodation because of a disability, we will work with you to meet your needs. Applicants need to make their needs known in advance. If you are selected for an interview and require an accommodation, you are encouraged to advise the Talent Acquisition Partner who will consult with you to determine an appropriate accommodation.