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Jobs at The Guarantee Company of North America

Contract Surety Underwriter Trainee

Location: Vancouver, British Columbia, 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 Vancouver 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, underwriting a variety of surety bonds including some commercial bonds (license, permit fiduciary).  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 clientele – mostly in the construction industry.  A comprehensive report is prepared for management to review for each client, external and internal meetings are common, plus participation in industry events during evenings occasionally. 

Qualifications

- University degree in Business, Economics, and/or Accounting is preferred;
- A working knowledge of financial statements is required.  Experience in credit, accounting, insurance or      construction is preferred.
- 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.

 

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