Insurance Underwriter

At EDC, we support Canadian businesses to succeed globally. We provide the financial tools and expertise they need to explore new markets, reduce risks, all towards the goal of making Canada and the world better through trade.
Position: Underwriter, Credit Insurance Underwriting (level 16 - 18)
Employment Type: Permanent and Contract
EDC also offers a performance-based incentive.

• Underwriter level 16: $74,297 - $99,063
• Underwriter level 17: $84,698 – $112,931
• Underwriter level 18: $96,557 - $128,743

This process will fill multiple current vacancies and will also be used to build a pool for future Underwriter opportunities at levels 16–18 over the next 12 months. Export Development Canada operates in a hybrid work environment, with a current requirement of two days per week increasing to three days per week in September 2026 (subject to change).
This role can be performed from EDC’s headquarters in Ottawa or from one of our Community Hubs located in Toronto, Montreal, Quebec City, Halifax or Moncton
Relocation assistance is available for candidates who meet the eligibility criteria for permanent roles only.
Internal Employees, please consult the ServiceNow article entitled Internal movements – what you need to know.
As a financial Crown corporation, we offer innovative financial solutions and expert insights to help businesses explore new markets, mitigate risks, and achieve growth.
Comprehensive Benefits: EDC offers a competitive compensation & benefits package, work-life balance, & the opportunity to help make Canada and the world better through trade.
We have hybrid work options, 3 to 4 weeks paid vacation, a corporate closure period, summer early Friday’s & no meeting Fridays.
Professional Development: Take advantage of our continuous learning opportunities, including training programs, workshops and language training.
Be part of a diverse and inclusive workplace that champions employment equity & values diversity of ideas, strengths, & backgrounds to succeed.
Community Engagement: Participate in volunteer opportunities and give back to the community through our various social responsibility programs.
EDC’s Credit Insurance Underwriting group is looking for dynamic and motivated professionals to assist Canadian companies go, grow and succeed internationally. Working in close collaboration with both internal and external partners, the successful candidate(s) will facilitate international trade by helping our customers protect themselves against the risk of non-payment from foreign companies.
Build and maintain relationships with internal and external customers, understand their needs, structure appropriate credit insurance coverage, and provide ongoing subject matter expertise and customer service throughout delivery.

• Assesses the creditworthiness of foreign companies, understanding the likelihood of a company honoring its obligations through in depth financial and credit analysis (liquidity analysis, leverage & maturity schedules, profitability, cash-flow management, third party\bank support and other factors such as competitiveness, market conditions\elasticity of demand, industry trends);
• Participates in developing loss mitigation strategies when allocated credits become at risk;
• At level 18, you will lead complex underwriting files end-to-end, providing expert advice across teams, and coaching others by sharing your judgment, underwriting expertise, and approach to decision-making.

Undergraduate Degree in Business Administration, Accounting, Finance, Commerce or other relevant discipline (for all levels).

• Solid experience reading and interpreting financial statements with strong financial analysis skills.
• Significant experience leading the successful completion of increasingly complex commercial credit transactions across a variety of industry sectors and\or international markets.
• comfortable meeting with Exporters at Executive and Senior Leadership level in order to assess needs, determine and outline appropriate structures.
• Underwriter 16:  2–5 years of relevant experience. You can independently manage routine to moderately complex files, contribute to more complex analyses with guidance, and communicate recommendations clearly.
• Underwriter 17: 5+ years of relevant experience. You bring strong underwriting experience handling increasingly complex transactions, with the judgment and confidence to lead analyses, navigate challenges, and defend recommendations in broader forums.
• Underwriter 18: 7+ years of relevant experience. You bring deep underwriting expertise and experience with complex, high-risk, or high-visibility transactions, along with the credibility and interpersonal effectiveness to influence across the organization and coach others.

International and/or commercial banking experience.

• MBA, CFA or CPA designation.
• Working knowledge of insurance underwriting principles and practices.
• Advanced Excel skills. Coding skills is an asset.
• Proficiency in both English and French is a strong asset (fully bilingual).

EDC is committed to Fair Employment Practices and preference will be given to a candidate who is able to work legally in Canada at the time of application (Canadian Citizens or Permanent Residents). Check our website here
EDC's Commitment to Employment Equity
Ex port Development Canada (EDC) is dedicated to fostering employment equity and building a diverse workforce. At EDC, we nurture a culture of inclusion and belonging where everyone has equal opportunity to grow, develop, succeed, and be their truest selves.
We actively encourage applications from women, Indigenous peoples, visible minorities, persons with disabilities, and members of the 2SLGBTQI+ community.
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