senior underwriter - insurance
Title posted on Talent.com -
senior underwriter
Posted on
November 28, 2024
by
Employer details
Laurentian Bank
Job details
Seeing beyond numbers At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs. This role sits within Laurentian Bank. The senior underwriter will assist the Senior Manager in the risk management of the financing portfolio. Within the Commercial Banking Group, the candidate will be required to assimilate the knowledge necessary to understand, prepare and write commercial credit files. With input into business model analysis, financial analysis, risk analysis and collateral evaluation. The senior underwriter will act as a key resource to the Account Manager, Business Development and the Assistant Vice President. Sector : SME #LI-Hybrid #LI-KAB Responsibilities Input client financial statements and financial projections into the risk rating tool. Perform financial analysis from the financial statements and projections, perform sensitivity analysis and make comparisons with industry standards for the sector. Identify and analyze risks associated with the client's business. Complete underwriting of new transactions, annual file reviews and amendments within prescribed time frames. Follow up on client portfolio irregularities and collateralization in accordance with credit authorization requirements. Participate in meetings or conference calls with clients. Be involved in integrity and compliance processes (code of conduct, internal policies). Performs work according to specific practices, policies and objectives while complying with applicable legislation, Bank policies, programs and procedures. Qualifications University education in an appropriate field, Finance or Accounting and other related field Minimum of 3 to 5 years experience in a related field Intellectual curiosity and critical thinking skills. Strong interest in Finance and good analytical skills. Attention to detail and meticulousness. Ability to produce quality written correspondence. Sense of collaboration and proactive spirit Good resourcefulness and ability to manage priorities. Ability to manage multiple files/projects simultaneously. Good oral and written communication skills (English an asset)*. Knowledge of the Office suite. *Professional working proficiency in French and English languages required as position involves frequent written and oral communication on complex matters with internal and external parties in both languages. What Laurentian Bank has to offer you The total compensation offered by Laurentian Bank encomp asses a comprehensive range of benefits, highlighting our commitment to the well-being and success of our employees. Here are some of the key points of our offering: The actual annual base salary offered will take into account internal equity, skills, and experience among other factors. Total compensation: Earn a comprehensive compensation package that includes annual reviews and performance-based bonuses. Work model: We prioritize a hybrid work model based on business needs. Stock purchase plan: Become not just an employee, but a Laurentian Bank shareholder. Employer matching takes your investment even further. Time off: In addition to paid vacation, we provide floating days and leave options to accommodate the diverse needs of our employees. Plus, as an extra perk, you also get a paid day off to celebrate your birthday. Health and wellness: Take care of your health and well-being with access to healthcare professionals, our Employee and Family Assistance Program (EFAP), and a Stress Management and Well-Being Program. Group insurance and pension: We offer a competitive insurance program based on your family?s needs and a d
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LocationToronto, ON
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Workplace information
On site
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SalaryNot available
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Terms of employment
Not available
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Starts as soon as possible
- vacancies
1 vacancy
- Source
Talent.com
#4dce810d76dd
Advertised until
2024-12-05
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