Casualty Underwriter

Munich Re; Ontario; Hybrid; CAD 55,000 - 70,000; Full time

Job summary

A leading insurance company in Toronto is seeking a Casualty Underwriter to underwrite and price business in accordance with company guidelines. The ideal candidate should have 1-5 years of underwriting experience and a focus on business education. This position offers development opportunities in a hybrid work environment.

Benefits

Flexible benefits and pension

Educational Assistance Programs

Challenging projects and career development

Qualifications

• 1 to 5 years of experience underwriting primary or excess casualty insurance.
• Ability to work independently and self-motivate.
• A strong drive for continuous development.

Responsibilities

• Independently underwrite and price light to moderate business.
• Develop and maintain client relationships.
• Monitor profitability of assigned clients and develop strategies.

Skills

Analytical skills

Negotiating skills

Communication skills

Collaboration skills

MS Office proficiency

Education

Post-secondary education focusing on business

CIP / FCIP / CRM designation

Job description

Overview

Casualty Underwriter – Munich Re Canada, Toronto, Canada.

We care for humankind – and that starts with our people. Our greatest strength lies in how we do it. Munich Re invites you to be your best and make a positive impact on the world through a career with us.

Responsibilities

• Independently underwrite and price light to moderate business in accordance with corporate, divisional and department guidelines and philosophy.
• Underwrite new and renewal business, including risk and coverage analysis and pricing, and provide recommendations for proposed terms within delegated underwriting authority.
• Review underlying policies, contract and endorsement wording to ensure accuracy and conformance with guidelines.
• Refer all business outside of delegated underwriting authority to appropriate referral underwriter.
• Develop and maintain client relationships and develop new sources of business.
• Provide responsive service on all broker and direct client requests.
• Monitor profitability of assigned clients and brokers; develop strategies or action plans to propose corrective actions as needed.
• Promote the Group’s capabilities externally.
• Demonstrate negotiation skills and the ability to influence internal stakeholders.
• Demonstrate proficiency in pricing models, tools and other risk evaluation models.

Qualifications

• Post-secondary education with a focus on business.
• CIP / FCIP / CRM designation or progression toward would be an asset.
• 1 to 5 years of experience underwriting primary or excess casualty insurance, preferably with a focus on large commercial and risk-managed clients.
• High degree of drive, self-motivation, continuing development and ability to work independently.
• Strong analytical, negotiating and investigative competencies.
• Excellent written and verbal communication skills.
• Strong collaboration and team-building skills.
• Flexibility and adaptability to changing environments and situations.
• Strong computer skills, specifically with MS Office.
• Ability and willingness to travel.

Benefits and Additional Information

• Exposure to challenging projects and development opportunities to grow your skills and career with local and global colleagues and partners.
• A comprehensive total rewards program including flexible benefits and pension.
• A hybrid work environment in an inspiring physical workplace.
• Educational Assistance Programs to recognize ongoing success.

AI Disclosure: Munich Re may use AI at various stages of our recruitment process. AI is NOT used in screening, assessment, or selection of candidates; every application is reviewed by our talent acquisition team to ensure a fair and personalized experience.

Accommodations: Munich Re Canada is committed to an inclusive work environment. Accommodations will be provided for qualified applicants with a disability throughout the recruitment process. If you require an accommodation to participate in an interview, please contact [e-mail].

About Munich Re

Munich Re Worldwide

Seniority level

• Entry level

Employment type

• Full-time

Job function

• Finance and Sales
• Industries : Insurance

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