Intact Financial Corporation

Intermediate or Senior Underwriter, Trade Credit

Intact Financial Corporation$80K — $98K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 2 years of experience for Intermediate role, 5 years for Senior role in Trade Credit or relevant financial experience.
  • Proficiency in financial statement analysis.
  • Strong organization and time management skills.
  • Clear communication and questioning skills.
  • Ability to work independently and collaboratively with a national team.
  • Solid analytical, negotiation, and decision-making skills.
  • Professionalism and integrity in all interactions.
  • Customer service mindset with relationship-building skills.
  • University/College Degree or equivalent; MBA, CFA, CPA preferred.
  • Bilingual in French and English required.

Responsibilities

  • Underwrite new and renewal business based on assigned guidelines.
  • Support daily operations and initiatives for profitable growth.
  • Build market intelligence through collaboration with Brokers and Policyholders.
  • Present and explain Intact's product offerings with technical proficiency.
  • Collaborate with internal teams to share insights and create customer solutions.
  • Contribute ideas to enhance workflows and team efficiency.
  • Develop knowledge of industry and products to inform underwriting decisions.
  • Review data, perform financial analysis, and apply critical thinking during risk assessment.
  • Negotiate terms for new business and renewals, escalating issues when necessary.

Benefits

  • Annual bonus target based on personal and company performance, up to double the target.
  • Employee Share Purchase Plan with company matching of 50% on net shares.
  • Comprehensive pension offerings, including a defined benefit pension plan for guaranteed income for life.
  • Opportunities for professional development and career growth within Canada's largest P&C insurer.
Full Job Description
Salary range (but not limited to): 80,700 - 98,700 Annual bonus target, based on the base salary, with a potential payout of up to double the target (subject to personal and company performance): 10% As part of our commitment to Win As A Team, we share our success with employees through our annual bonus plan and Employee Share Purchase Plan (ESPP) - with Intact matching 50% of your net shares. Our pension offerings provide flexibility and long-term security for our employees beyond their careers. We are one of the few companies offering the opportunity to receive guaranteed income for life via our defined benefit pension plan. Salary for the candidate will be determined taking into consideration a number of factors including: experience, skills, qualifications, anticipated contribution to role, internal equity, etc. The salary range presented above is based on a 35-hour workweek and would represent a majority of different candidate profiles. However, we encourage candidates who may fall outside of this range to apply as well. About the role A career with Intact Specialty Solutions is an opportunity to deepen your expertise in the insurance industry and grow your skillset across a wide variety of lines of business spanning 180 countries. Being part of Canada's largest P&C insurer and leading provider of global specialty insurance means learning from industry experts and expanding our capabilities. Here you'll develop not only your career but also establish Intact's reputation as a leader in Specialty Solutions across the globe. We're looking for an Intermediate or Senior Underwriter, Trade Credit, to join our growing and dynamic team! As a Underwriter in the Trade Credit team, this role offers a broad range of underwriting and development opportunities. You'll manage a portfolio of accounts across Canada, build strong Broker and Policyholder relationships, and contribute to initiatives that support profitable growth. You'll be supported by senior underwriters and management for guidance on complex files, while continuing to deepen your technical skills and market knowledge. You'll be counted on to apply underwriting guidelines consistently, use sound judgment on risk selection, and bring forward observations on trends and emerging risks. You will also support the team by contributing to reporting and operational insights, identifying and executing on sales opportunities, and helping leaders understand portfolio performance. What you'll do here:
  • Underwrite new and renewal business within assigned authority and guidelines.
  • Support day-to-day operations and strategic initiatives to achieve profitable growth targets.
  • Build market intelligence by working with Brokers, Policyholders and internal partners.
  • Present and explain Intact's product offering with strong technical proficiency, identifying opportunities to grow within your portfolio and beyond.
  • Collaborate with internal teams (e.g., Claims, Risk, Operations) to share insights and support customer solutions.
  • Contribute ideas to improve workflows, service standards, and team efficiency.
  • Continue developing industry and product knowledge to strengthen underwriting decisions.
  • Review underwriting information and data, complete financial analysis, and apply critical thinking to risk and relationship considerations.
  • Negotiate terms and conditions for both new business and renewals, escalating exceptions as required.
What you bring to the table:
  • Experience: Minimum 2 years for the intermediate role and minimum 5 years for senior underwriter role in Trade Credit or equivalent experience in the financial sector.
  • Proficiency in financial statement analysis and a working knowledge of the Trade Credit insurance product.
  • Strong organization and time management skills with the ability to manage multiple priorities in a fast-paced environment.
  • Clear communication skills, with confidence to ask questions and appropriately challenge when needed.
  • Ability to work independently while collaborating effectively with a national team.
  • Solid analytical, negotiation, and decision-making skills within assigned underwriting authority.
  • Professionalism and a high standard of integrity, confidentiality, and accountability.
  • Demonstrated customer service mindset and relationship-building capability.
  • University and/or College Degree or any combination of equivalent education and experience. MBA, CFA, or CPA designation is an asset.
  • Bilingual in French and English is a requirement.
  • Willingness to travel occasionally, as required.
Please note that the posted salary range is for the Intermediate Underwriter role. We encourage candidates who may fall outside of this range to apply as well. #Li-Hybrid Ce poste jouera un rôle essentiel au sein de notre équipe. | This position will fill an essential role in our team.

About Intact Financial Corporation

Intact Financial Corporation is a Canadian insurance company that provides property and casualty insurance to individuals and businesses. The company operates in Canada and the United States and offers a range of insurance products, including auto, home, and commercial insurance. Intact Financial Corporation was founded in 1809 and is headquartered in Toronto, Canada.
Learn more about Intact Financial Corporation
Size
16,000 employees
Industry

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