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Jobs at The Guarantee Company of North America

Surety Underwriter Trainee

Location: Toronto, Ontario, Canada

Department: Surety

Type: Full Time

Min. Experience: Entry Level

The Guarantee Company of North America is one of the largest and most reputable surety providers in Canada. Currently, our Toronto office is seeking an ambitious and analytically-minded individual to join our surety department as a Surety Underwriter Trainee. This role offers the successful applicant an excellent opportunity to be trained in one of the most in-demand insurance industry professions and to work alongside a small team of surety professionals.

Job Summary

The Contract Surety Underwriter is responsible for managing a portfolio of client accounts. He/she will manage relationships with clients and their brokers, be responsible for business development and retention, analyze financial statements and supporting documents such as work on hand reports, aged account receivable and payable lists, bank and credit reports for the purpose of recommending surety bond facilities for new and existing contractors and will prepare comprehensive reports for management to review. The successful candidate will maintain business relationships with brokers and clients and participate in industry events. 

Qualifications: 

  • University degree in Business, Economics, and/or Accounting is preferred;

  • 1-2 years of general insurance experience with a working knowledge of financial statements and/or experience in financial lines underwriting is required;  

  • Proficiency with MS Office Suite of products;

  • Excellent communication and interpersonal skills, as well as strong marketing and negotiation skills are mandatory;

  • Excellent organizational skills, attention to detail and the ability to handle multiple tasks in a high-volume, fast-paced environment are necessary;

  • Highly developed analytical and judgment skills required;

  • Strong decision-making ability;

  • Ability to work independently and collaborating with co-workers in a team setting;

  • This position is subject to appropriate background checks that may include, credential, employment, credit, criminal and reference check..

What we offer

At The Guarantee, we believe our employees make the difference. That’s why we provide a professional, motivating, team environment where contributions are valued. This belief, supported by an entrepreneurial culture focused on results, has helped build an organization with a strong history and an exciting future.

The Guarantee Company of North America is a leader in specialty insurance within the North American marketplace. We offer in-depth knowledge and expertise in niche segments, including the transportation industry, construction industry, corporate programs and customized personal insurance. For more information, visit theguarantee.com.

We invite interested candidates submit their resume in confidence to human.resources@princetonholdings.com. While we appreciate the interest of all applicants, we will contact only those selected for interviews.  If you are an applicant with disabilities and require accommodations, please let us know at the time of our contact so that we may arrange for their provision. 

We are an Equal Opportunity Employer. Employee candidates will be selected strictly on the basis of an individual's technical qualifications, knowledge and experience, as they relate to the requirements of a particular position. Selections will be made without regard to: race, ancestry, place of origin, colour, ethnic origin, citizenship, creed (religion), sex, sexual orientation, handicaps (physical or mental), age, marital status, family status, or the receipt of public assistance or record of offences.

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