How to Become an Underwriter in Manitoba
Do you need a licence?
Licence required
You must be registered with The Manitoba Securities Commission to work as an underwriter in Manitoba or to use a protected title.
- Protected titles
- Underwriter
Show the source
“The Securities Act requires anyone in the business of trading or advising in securities or exchange contracts in the province to be registered with The Manitoba Securities Commission.”
From mbsecurities.ca/registration/search-registration.html, checked October 11, 2026.
At a glance
- Licence status
- Licence required See the source
- Routes
- Not stated by the regulator Check with The Manitoba Securities Commission
- Annual fees
-
- Annual NRD system fee: $138 (for each registrant or permitted individual in the principal jurisdiction)
Source
“Annual NRD system fee: - $138 for each registrant or permitted individual in the principal jurisdiction”
mbsecurities.ca/law-policy/fees.html
- Annual NRD system fee: $138 (for each registrant or permitted individual in the principal jurisdiction)
Your roadmap
The steps are not listed yet.
Check the current steps with The Manitoba Securities Commission.
Requirements
Other
Applicants must meet certain educational standards and capital requirements, and follow detailed conduct, solvency and reporting duties.
Source
“Applicants must meet certain educational standards and capital requirements, and follow detailed conduct, solvency and reporting duties.”
mbsecurities.ca/registration/search-registration.html
Already licensed in another province?
Not stated
The pages do not state how someone already licensed in another Canadian province or territory registers in Manitoba. Source
“determine if they are required to register in more than one province or territory”
mbsecurities.ca/registration/getting-registered.html
Processing time: Not stated by the regulator Check with The Manitoba Securities Commission
Credential assessment
Not stated by the regulator Check with The Manitoba Securities Commission
Exams
Not stated by the regulator Check with The Manitoba Securities Commission
Language tests
Not stated by the regulator Check with The Manitoba Securities Commission
Canadian experience
Not stated by the regulator Check with The Manitoba Securities Commission
Supervised practice
Not stated by the regulator Check with The Manitoba Securities Commission
Demand and pay
No Job Bank wage or outlook data for this occupation yet.
Underwriters in other provinces and territories
- British Columbia Not confirmed yet
- Alberta Not confirmed yet
- Saskatchewan Not confirmed yet
- Ontario Not confirmed yet
- Quebec Not confirmed yet
- New Brunswick Not confirmed yet
- Nova Scotia Not confirmed yet
- Prince Edward Island Not confirmed yet
- Newfoundland and Labrador Not confirmed yet
- Yukon Not confirmed yet
- Northwest Territories Not confirmed yet
- Nunavut Not confirmed yet
Sources checked
- Province of Manitoba | msc - Search Registration mbsecurities.ca/registration/search-registration.html · fetched October 10, 2026
- Province of Manitoba | msc - Fees mbsecurities.ca/law-policy/fees.html · fetched October 10, 2026
- Province of Manitoba | msc - Getting Registered mbsecurities.ca/registration/getting-registered.html · fetched October 10, 2026
Frequently asked questions
1
Do you need a licence to work as an underwriter in Manitoba?
Yes. Registration with The Manitoba Securities Commission is required to practise in Manitoba, and to use the title Underwriter.
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