Senior Commercial Underwriter
We are seeking a Senior Commercial Underwriter for our Central Region team in Toronto. With a competitive salary & hybrid working
Working hours: 37.5 hours per week, Monday to Friday
Duration: Permanent
Location: Toronto, Canada
About the role
Ecclesiastical Insurance, who are proudly part of Benefact Group are looking for a Senior Commercial Underwriter for our Central Region team in Toronto.
We are seeking an individual who is ready to embrace and manage complex risks associated with property and casualty products. In this role, you'll work closely with a diverse array of stakeholders, handling underwriting submissions, managing a portfolio of accounts, and forging strong relationships with customers and brokers. It's a role that will challenge and reward you in equal measure, offering an opportunity to flex your underwriting expertise in a forward-thinking organization that puts all available profits into worthy causes.
Key responsibilities
- Analyze risks, assess underwriting submissions, and make sound decisions.
- Develop, negotiate, and manage a portfolio of accounts in alignment with Ecclesiastical's strategic goals.
- Build and maintain strong relationships with customers, brokers, and internal stakeholders, providing exceptional customer service.
- Plan, prioritise, and manage individual tasks to meet agreed objectives and SLAs.
- Operate within the Ecclesiastical framework and promptly escalate potential risks.
Knowledge, skills and experience
- A University degree, advanced insurance-related certifications like CIP or equivalent.
- Minimum of 6-8 years' progressive experience in underwriting, with a focus on property and casualty products and success in intermediate-level roles.
- Proficiency in underwriting tools, systems, and data analysis techniques, with an ability to evaluate risks, determine appropriate coverage, and calculate premiums.
- Strong attention to detail, excellent communication and interpersonal skills, and effective time management skills.
- Strong negotiation skills, adaptability to changing market conditions and underwriting guidelines, and ability to handle multiple underwriting files simultaneously.
- Comprehensive understanding of underwriting guidelines, policy wordings, pricing tools, and the regional insurance market.
- Help to coach and mentor Underwriters and Underwriting Associates
- Maintain continuous learning and professional development.
- High ethical standards, adherence to industry regulations and guidelines, and the ability to handle sensitive information discreetly.
What we offer
- A market competitive salary - let's discuss it
- Flexible working program
- Annual home and roam allowance to support commuting costs and home office supplies
- Defined contribution pension plan - up to 8% with no employee matching required and voluntary RRSP and TFSA programs
- Generous annual bonus program for all permanent full-time staff
- Minimum of 3 weeks vacation plus paid wellness, personal, volunteer and sick days
- Comprehensive employee group benefits, including health and dental coverage, income protection plans, life insurance, ADD insurance and an annual Health Care Spending Account
- Up to $200 for an annual personal grant to a charity of your choice
- Family and Employee Assistance Program, a discount and perks program as well as an annual fitness reimbursement
- Family friendly benefits including maternity/parental top-up payments
- Support towards professional designations
- Personal development subsidy covering courses of personal interests or hobbies
- Wellness perks such as daily fresh fruit, snacks and ice-cream days in the summer
- Engagement activities including regular lunch and learns, after-work get togethers and Lunch with Leaders program to name a few
About us
Ecclesiastical is a unique specialist insurance company that is deeply committed to protecting the needs of organizations that enrich the lives of others and to supporting initiatives that help improve the lives of those in need.
We are proudly part of the Benefact Group – a charity owned international financial services company that exists to give back available profits to good causes. At Ecclesiastical we are dedicated to attracting, developing and rewarding talented professionals who enable us to grow to give back. As a best-in-class employer, we understand that our dynamic and collaborative culture is what drives our success and that our people make us who we are.
Our organization is made up of people with a wide range of backgrounds, skills and experiences and we are committed to fostering a diverse and inclusive workplace. Accommodation will be provided upon request at any stage of the recruitment, hiring and selection process. We thank all applicants for their interest, however only those selected for the next steps in our process will be contacted.
At Benefact Group, we are committed to creating an inclusive culture and building an environment where each and every one of us feels valued and respected. We are a community made up of people with a range of different backgrounds, abilities, perspectives, beliefs and interests and we value the strength this brings to us as a Group. We welcome applications from everyone.
If you need any additional support during the recruitment process, then please let us know.
- Company
- Ecclesiastical Insurance Canada
- Role
- Underwriting
- Locations
- Toronto
- Remote status
- Hybrid Remote
- Employment type
- Permanent - Full Time
Senior Commercial Underwriter
We are seeking a Senior Commercial Underwriter for our Central Region team in Toronto. With a competitive salary & hybrid working
Loading application form
Already working at Benefact Group?
Let’s recruit together and find your next colleague.