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Senior Commercial UnderwriterDGA Careers • Toronto, ON, CA
Senior Commercial Underwriter

Senior Commercial Underwriter

DGA Careers • Toronto, ON, CA
30+ days ago
Job type
  • Full-time
Job description

Working with an award-winning MGA located in Downtown Toronto that is looking to hire a Team player to join their growing Team. Your key responsibilities will be to underwrite and develop business, while mentoring a small team of more junior underwriters.

Title: Senior Commercial Underwriter (P&C)

Location: Downtown Toronto (Hybrid)

Responsibilities

  • Moderate and mentor our existing teams of experienced underwriters.
  • Ability to Underwrite new and existing property and casualty business by analyzing clients’ business operation, current coverage, and previous claims experience to determine exposure and set appropriate terms and premiums.
  • Reporting to the Senior Vice President responsible for Underwriting and Insurer engagement.
  • Comply with all legal and regulatory requirements to ensure obligations are met
  • Contribute to recording and measuring of insurance risks to ensure accuracy and good practice
  • Strong customer service focus with an emphasis on assisting colleagues in resolving broker requests and concerns in a timely fashion
  • Develop and maintain strong relationships with stakeholders including customers, brokers, business partners and colleagues
  • Utilizes knowledge of market dynamics and market cycles to operate effectively and appropriately
  • Meet business objectives, including:
  • negotiating rates, terms and conditions for existing and new business and renewals
  • managing production and issue contract certainty documentation within set timeframe.
  • ensuring compliance with internal and external regulations and guidelines
  • ensuring contribution to the business plan and objectives
  • Participate in the review and analysis of the portfolio to identify progress toward business objectives
  • Contribute to the aggregate management and peer review processes to encourage and develop excellence.

Requirements

  • Minimum 5 years experience writing commercial property insurance; casualty and professional liability experience an asset.
  • Post secondary education & CIP/FCIP qualified preferred
  • High level of technical competency in evaluating and writing large, complex accounts
  • Knowledge of commercial property forms, pricing and rating methodology, modeling and valuation tools
  • Ability to review and understand standard property and casualty policy wordings
  • Ability to analyze data and use for risk profiling and decision-making
  • A high level of numeracy and literacy
  • Market awareness and broker development acumen
  • Thorough knowledge of legal and regulatory requirements
  • Motivated, enthusiastic, dynamic and flexible
  • Strong analytical, organizational and prioritisation skills
  • Strong communication, interpersonal, influencing and negotiating skills
  • Advanced level understanding of relevant software, including Excel and other departmental software packages.
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Senior Commercial Underwriter • Toronto, ON, CA

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