Underwriter II, Trade Credit

Our employees are at the heart of everything we do. Together, we help people, businesses, and society prosper in good times and be resilient in bad times.

Our employee promise represents Intact’s commitment to you in exchange for living our Values, striving to do your best work, being open to change and investing in your career. In return, we promise to provide support, opportunities and performance-led financial rewards at a workplace where you can shape the future, win as a team and grow with us.

Pay at Intact is about much more than just salary.

• Flexible work arrangements and a hybrid work model

• Possibility to purchase up to 5 extra days off per year

• Multiple benefits offered to support physical and mental wellbeing, including telemedicine, Wellness account and much more

• Share plan & other savings: up to 12% of salary or even more (ask how you could earn guaranteed income for life)

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 seeking a Risk Underwriter (Level II) to join our Trade Credit team. This role is well-suited to candidates from commercial banking, credit risk, or corporate lending backgrounds who enjoy analyzing financials, forming credit views, and partnering with stakeholders to support well-managed portfolio growth.

In this position, you’ll work closely with commercial and risk underwriters to assess counterparty risk and support trade activity for our clients.

What you’ll do

• Perform counterparty (buyer) credit assessments by reviewing financial statements, reporting, and market/industry information; manage and maintain a portfolio of buyers and strengthen relationships through annual check-in calls and Microsoft Teams meetings; and provide clear, well-documented credit recommendations.

• Manage a high volume of credit requests, delivering quick turnaround times while maintaining high-quality analysis, clear documentation, and strong adherence to credit policy and approval authorities.

• Ensure analysis and recommendations align with credit policy, risk appetite, internal rating methodologies, and underwriting guidelines.

• Deliver timely, high-quality credit commentary and communicate decisions and rationale to commercial underwriters and, where applicable, brokers/partners.

• Contribute to portfolio outcomes including new business support, retention, limit/capacity management, and relationship maintenance through buyer calls and meetings.

• Partner with internal stakeholders (risk, legal, claims, finance, portfolio management) to evaluate transaction structure, identify risks, and recommend risk mitigation.

• Support continuous improvement by helping refine credit standards, underwriting guidelines, and process controls and by contributing to product or program enhancements.

• Build sector knowledge and internal/external networks to strengthen your credit perspective across industries and geographies where exposures exist.

What you bring

• Bachelor’s degree in Finance, Accounting, Business (or equivalent combination of education and relevant experience).

• Minimum 4 years of experience in financial statement analysis, commercial lending, credit adjudication/underwriting, or credit risk within banking or financial services.

• Working knowledge of credit structuring, covenant/terms assessment, risk mitigation, and approval documentation.

• Experience supporting or independently handling progressively more complex commercial credit transactions, potentially across multiple i