Senior Contract Surety Underwriter

1 month ago

Markham, Ontario, Canada Aviva Full time
Job Title: Senior Contract Surety Underwriter

Aviva is seeking a highly skilled Senior Contract Surety Underwriter to join our team in Markham. As a key member of our Contract Surety team, you will be responsible for managing an existing assigned book of accounts, broker relationships, and developing new business with key strategic brokers and accounts.

Key Responsibilities:
  • Manage an existing surety book while ensuring adherence to Aviva's Risk & Control Framework.
  • Be responsible for proper risk selection and underwriting of contract surety risks while maintaining, practicing, and implementing Aviva Surety's policies, guidelines, procedures, and operating processes.
  • Work on establishing underwriting recommendations and decisions based on delegated authority to appropriate levels within the Aviva Surety business, including reinsurance.
  • Act as representative for the assigned book of business to internal and external stakeholders, including brokers, Head Office, and senior Aviva management.
  • Take part in the development and implementation of marketing and business development plans within the assigned area of responsibility for better recognition of the surety department and the more expanded company.
  • Promote departmental strategic plans to targeted and existing brokers and contractors.
  • Maintain and enhance current surety relationships with key brokers and contractors.
  • Provide mentoring and underwriting support to the more junior underwriters.
  • Work closely with Leaders and provide input as required on all aspects of the operation.
Requirements:
  • 2+ years of relevant contract surety underwriting experience.
  • University degree in preferably commerce, economics, business, and/or accounting.
  • Clear and effective communication and interpersonal skills and a comfort level to communicate to all levels through written and oral skills.
  • Thorough knowledge of the issues and approaches to the surety industry and underwriting matters.
  • Broad knowledge of the accounting cycle, and construction-related terms and processes.
  • 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 tackle requests, situations, and underwriting-related issues and problems effectively and independently within the required timeliness while promoting and providing high levels of service to both internal and external customers.
What You'll Get:
  • Compelling rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.
  • Outstanding Career Development opportunities.
  • We'll support your professional development education.
  • Competitive vacation package with the option to purchase 5 extra days off per year.
  • Employee-driven programs focused on gender, LGBTQ+, origins, diversity, and inclusion.
  • Corporate wellness programs to support our employees' physical and mental health.
  • Hybrid flexible work model.

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