Underwriter
$25k per yearFull-time
Elect Capital
Underwriter | Elect Capital | Toronto
Location: Toronto, Canada
Reporting to: Senior Underwriter / Head of Credit Risk
About Elect Capital
Elect Capital backs ambitious UK, Canadian and US businesses with capital that cuts through the noise. Built for speed, edge and action, we deliver funding where others stall. We're not here to reinvent financing – we're here to do it better. We move at the pace of our clients and connect them to capital that works.
Elect offers 1–9 month business financing with daily or weekly repayments and fast, transparent decisions. 90% of completed applications receive an offer within 4 hours – with clear pricing, no unnecessary hurdles, and a team that knows how to get deals done. Whether a client applies directly or via a broker, we aim to make the funding journey sharp, clean and simple.
Our Mission
We are on a mission to back ambition. Disrupting the lines of traditional finance and providing access to ambitious businesses, with capital that moves as fast as they do.
Our Values: C.O.R.E
Challenge – Ask the hard questions. Improve what you touch.
Opportunity – Spot it. Shape it. Run with it.
Resilience – Stay steady. Adapt fast. Keep momentum.
Edge – Think sharp. Move sharp. Stand out.
We hire people who act fast, think commercially, and bring clarity to everything they do.
The Role
We're looking for a sharp, detail-driven Underwriter to assess credit risk across our deal flow. You'll analyse financials, apply credit policy, and work closely with sales, ops, and credit to help move good deals fast — and stop bad ones faster. This is a hands-on role where accuracy, commercial instinct, and pace are essential.
Key Responsibilities
- Underwrite deals ranging from $25K – $1.5M
- Analyse financials, bank data, and open banking feeds to assess creditworthiness
- Apply credit risk policies accurately and flag sensible exceptions for review
- Support offer structuring that balances speed, risk, and commercial value
- Work closely with the sales team to support fast decisions and clean execution
- Escalate edge cases and complex scenarios to senior underwriters or credit leadership
- Maintain accurate underwriting documentation and CRM records
- Contribute insight and feedback to help refine credit policy over time
What We're Looking For
- Highly organised — nothing gets missed, nothing gets dropped
- Thrives in fast-paced environments with multiple moving parts
- Clear, professional communicator with a commercial edge
- Self-starter who stays aligned with team goals
Bonus: Experience in unsecured, short-term SME underwriting
Our Offer
- A fast, focused environment where your impact is immediate
- Ownership over your work and a voice in how we improve
- Opportunities to grow with a company that's scaling quickly
- A team that values clarity, pace, and practical thinking
- Competitive salary and path for progression
- A chance to contribute to a mission driven company
Think you're a fit? Let's talk.
Vacancy posted 20 hours ago
Similar jobs that could be interesting for youBased on the Underwriter in Toronto, ON vacancy
$65k - $75k per year
...Department : Underwriting Location: Toronto, Calgary, Vancouver, Montreal, Halifax Reports To : Head of Construction Company Overview: Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial...SuggestedPermanent employmentFull timeTemporary workFor contractorsRemote workFlexible hours$80k - $95k per year
...Department : Underwriting Location: Toronto, Calgary, Vancouver, Montreal, Halifax Reports To : Head of Construction Company Overview: Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial...SuggestedPermanent employmentFull timeTemporary workFor contractorsRemote workFlexible hours$55k - $71k per year
...Underwriting Analyst We care for humankind – and that starts with our people Our greatest strength lies not in what we do – but how we do it. It’s the unique individual behind every piece of work who matters the most. Our people make Munich Re a global success. Working...SuggestedContract workWork at officeLocal areaFlexible hours$99k - $130k per year
...Department Underwriting Location: Toronto Reports To : Vice President, Senior Underwriting Manager Please note: Liberty is hiring for two positions under this posting. Company Overview: Liberty Mutual Canada is the Canadian operation of Liberty Mutual...SuggestedPermanent employmentTemporary workInternshipRemote workFlexible hours- ...enhance the customer experience. Your new role Manage and complete the loan adjudication process from beginning to end and underwrite loans according to Financeit’s lending policies while evaluating risk and ensuring the quality of loans. Evaluate all Fraud and...SuggestedContract workFlexible hours
- ...Department : Office of Underwriting Location: Toronto, Calgary, Vancouver or Montreal Reports To : Chief Underwriting Officer, Liberty Mutual Canada Company Overview: Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company...Permanent employmentFull timeTemporary workFor contractorsWork at officeRemote workFlexible hours
$125k - $150k per year
...the most impactful global insurance provider in the world? Look no further than Zurich Canada. If you have experience in Surety Underwriting and are looking for a new challenge, we would love to hear from you. Zurich Canada is currently looking for a Surety...Contract workWork at officeLocal areaWorldwideFlexible hours3 days per week$80k - $95k per year
...Department Underwriting Location Toronto, Calgary, Vancouver, Montreal, Halifax Reports To Head of Construction Company Overview Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance...Permanent employmentFull timeTemporary workFor contractorsRemote workFlexible hours$39 per hour
Our client, a large financial institution, is seeking an Intermediate Underwriter to join their team for a contract opportunity. This is a hybrid role supporting day-to-day underwriting operations (BAU) within secured lending. The successful candidate will support an increased...Contract work1 day per week$62.5k - $86.1k per year
Education: Expérience: Education No degree, certificate or diploma Insurance experience ~ Property insurance Security and safety ~ Criminal record check Work conditions and physical capabilities Fast-paced environment Attention to detail Personal...Long term contractPermanent employmentFlexible hoursZurich Canada
Toronto, ON18 days ago$71k - $80k per year
...Ensure compliance with government regulations Provide recommendations on individual or group insurance plan designs Provide underwriting advice Answer inquiries from clients and other company personnel Prepare underwriting reports Insurance experience Liability...Permanent employmentFull timeSignal Underwriting Inc.
Toronto, ON29 days ago$95.5k - $135.5k per year
...205162 About the role Ecclesiastical Insurance Canada , who are proudly part of Benefact Group , are looking for a Senior Underwriting Specialist to join our Toronto office. We are seeking an individual who is ready to embrace and manage complex risks associated...Permanent employmentWork at officeHome officeMonday to friday$79k - $101k per year
...Underwriter, Professional Liability - Errors & Omissions Department : Underwriting – Specialty Location: Toronto, ON Reports To : VP, Senior Underwriting Manager, Errors & Omissions Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company...Permanent employmentFull timeTemporary workFor contractorsRemote workFlexible hours$100k - $150k per year
...thrive at the most impactful global insurance provider in the world? Look no further than Zurich Canada. If you have experience in underwriting complex commercial insurance risks and enjoy working in a market‑facing role while driving portfolio growth, we would love to hear...ApprenticeshipWork at officeLocal areaWorldwide3 days per week- Are you a highly motivated Senior Underwriter looking to take the next step in your career? This opportunity is for you. We are seeking a talented Senior Underwriter to join a reputable insurance organization in a high-performing underwriting environment. In this role, you...Full timeContract workRemote work
$65.17k - $86.9k per year
...to explore new markets, reduce risks, all towards the goal of making Canada and the world better through trade. Position: Risk Underwriter, Credit Insurance Underwriting (level 16 - 18) Employment Type: Permanent Compensation Details: Salaries are based on qualifications...Permanent employmentSummer workWorldwideRelocation package2 days per week3 days per week- ...improving the financial health of individuals, families, and communities worldwide. We are looking for a Director of Credit Risk and Underwriting to support our business growth in Toronto. The Director of Credit Risk and Underwriting , you will lead and innovate our fintech...Full timeWork at officeWorldwide
- ...We can’t wait to get to know you! The Work Join our vibrant and forward-thinking commercial team as a Commercial Mortgage Underwriter! In this dynamic role, you'll be at the forefront of underwriting both CMHC-insured and conventional commercial mortgages. You'll navigate...Full time
- ...businesses that power our economy, this could be your next big opportunity. We can’t wait to get to know you! The Work The Underwriter is responsible for conducting credit reviews across the entire suite of Insurance Lending products which includes Immediate...Contract workImmediate start
- ...Senior Commercial Underwriter Ontario (Hybrid) We're recruiting a Senior Commercial Underwriter for a growing specialty insurance organization with a strong reputation in the Canadian market. This is an excellent opportunity for an experienced underwriter who enjoys...Permanent employment
Hello World Recruitment
Toronto, ON7 days ago $65k - $75k per year
...the opportunity to gain exposure to a wide range of files while working closely with an experienced team. The Role: The Mortgage Underwriter is responsible for reviewing and structuring mortgage applications submitted by agents within the brokerage. This is a hands-on,...Hourly payPermanent employmentFull timeSelf employmentInternshipWork at officeRemote work$95k - $124k per year
...About the Role As an E&C Underwriter based in Toronto, you'll be at the forefront of risk assessment and business development for construction projects spanning power generation, manufacturing, infrastructure, building construction, and heavy civil works. You'll leverage...Long term contractTemporary work- ...le groupe Crédit et Risque. As part of a growing, dynamic & solution-focused commercial team, the Commercial Mortgage Underwriter is responsible for underwriting conventional commercial mortgages. The underwriter must adhere to established policies and underwriting...Full time
- ...We can’t wait to get to know you! The Work As part of a growing and dynamic commercial team, the Senior Commercial Mortgage Underwriter is responsible for the underwriting of construction and conventional commercial loans. The Senior Underwriter must adhere to established...Full time
- ...our economy, this could be your next big opportunity. We can’t wait to get to know you! The Work The Residential Mortgage Underwriter, Specialized Credit is responsible for assessing all new mortgage applications , issuing mortgage commitments, and collecting...Full timeInternship
- Joignez-vous à la Banque Qui Défie Être une banque traditionnelle n’est tout simplement pas notre genre. Alors nous relevons le défi de faire preuve de créativité en offrant des solutions bancaires novatrices aux Canadiens. Comment? Avec une équipe talentueuse de...Full timeInternship
$122k - $159k per year
...to candidates located anywhere in Canada. Position Overview Munich Re Canada is seeking a senior, bilingual, client-focused underwriting consultant who will bring strong technical judgment, curiosity and a passion for underwriting to our team. This role combines...Long term contractContract workWork at officeImmediate startRemote workFlexible hoursShift work- ...Assistant Vice President, Executive Underwriter - Programs (Property Expertise) Department : Alternative Risk Solutions & Programs Location: Toronto, ON Reports To : Vice President, Senior Underwriting Manager, Fronting & Programs Company Overview : Liberty...Long term contractPermanent employmentTemporary workRemote workFlexible hours
$5000 per month
...et d’autres plateformes de tarification. La connaissance des ressources de tarification de l’industrie, notamment le RGA Global Underwriting Manual (GUM) , constitue un atout. Excellentes aptitudes analytiques, organisationnelles et communicationnelles, avec la...Contract workWork at officeRemote work- ...wait to get to know you! The Work As part of a growing, dynamic & solution-focused commercial team, the Commercial Mortgage Underwriter is responsible for underwriting conventional commercial mortgages. The underwriter must adhere to established policies and underwriting...Full time
Do you want to receive more vacancies?
Subscribe and receive similar vacancies to Underwriter. Be the first to apply!
Related searches