Commercial Lines Executive Underwriter, Healthcare and Life Science

Specialty Program Group Canada; Toronto; Hybrid; CAD 110,000 - 130,000; Full time

Job summary

Specialty Program Group Canada is seeking a Commercial Lines Executive Underwriter specializing in Healthcare and Life Sciences. This hybrid/remote role requires experience in underwriting and offers a chance to build a significant book of business. Exceptional negotiation, risk analysis skills, and leadership qualities are essential for success in this mid-senior level position.

Benefits

Dental care

Extended health care

Paid time-off

RRSP match

Qualifications

• 5 years of experience in commercial lines underwriting focused on healthcare.
• Experience with mid-level to complex risks.
• Familiarity with insurance regulations and compliance frameworks.

Responsibilities

• Underwrite complex new and renewal business.
• Negotiate coverage and maintain strong broker and carrier relationships.
• Mentor junior underwriters and support team development.

Skills

Negotiation

Risk Analysis

Communication

Analytical Skills

Relationship Management

Education

Chartered Insurance Professional (CIP) or Canadian Risk Management (CRM)

Level 2 Broker License

Tools

Microsoft Outlook

Microsoft Word

Broker systems (TAM or Policy Works)

Job description

Commercial Lines Executive Underwriter, Healthcare and Life Science

Commercial Lines Executive Underwriter, Healthcare and Life Science

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Introduction

Specialty Program Group Canada (SPGC) is a fast-paced insurance Managing General Agency (MGA) that provides innovative underwriting solutions for our network of brokers across Canada through our trade brands: Cansure, Beacon, i3 Underwriting, Totten Group, Anderson McTague & Associates, and Specialty Claims Canada. Our success as Canada’s largest MGA is based on our innovation, hospitality-level service, and living our values every day. We are a thriving, growing organization, providing stable and fulfilling careers for over 300 people across Canada.

We are leading supplier of property and casualty insurance in Canada, providing innovative underwriting solutions to licensed brokers across Canada. We offer a broad range of products servicing business in one of our core segments: Hospitality, Recreation & Resorts, Construction (COC), Contractors, Professional Insurance, Real Estate, Transportation and more. Our underwriting expertise and facilities let us write even the toughest risks or solve that small wrinkle in what might otherwise be a standard risk. We are seeking an Commercial Lines Executive Underwriter, Healthcare and Life Science to join our growing department.

Overview

We’re looking for a dynamic and experienced Commercial Lines Executive Underwriter to bolster our Healthcare and Life Sciences Practice. This role is tailor-made for a professional with a robust background in professional medical malpractice liability. As a key member of our team, you will underwrite complex new and renewal business, demonstrating strong technical and commercial underwriting acumen. This is a golden opportunity for someone to join a fast-paced exciting team ready to build and manage a significant book of business in a vibrant and growing company.

This is a hybrid/remote position based on team needs, with a preference for candidates based in Ontario.

Responsibilities

This position will:

• Perform risk analysis using internal and external data resources for quoting, negotiating, and authorizing renewals and new business, with a focus on moderate to complex risks in specialized healthcare and life sciences sectors;
• Develop and support professional business partnerships with brokers by providing prompt service, presenting quotations, negotiating coverage, and resolving issues with a solution-oriented approach;
• Pursue and achieve production targets by soliciting new business, identifying opportunities for growth, and maintaining strong broker and carrier relationships;
• Maintain strong relationships with internal teams and external stakeholders by providing in-person support through broker visits, industry events, and conferences;
• Ensure compliance with internal underwriting guidelines, delegated authority parameters, and the terms of various domestic and Lloyd’s carrier agreements;
• Prepare and submit formal referral documentation to carriers, including Lloyd’s markets, ensuring clarity, completeness, and alignment with underwriting strategy;
• Contribute to product knowledge and development by identifying market opportunities and collaborating with management to enhance offerings and deliver tailored solutions;
• Mentor and support junior underwriters, sharing expertise and promoting team development and knowledge transfer;
• Think strategically, set actionable objectives, and implement plans that support long-term business goals and underwriting profitability; and
• Complete loss reports and post-claim underwriting reviews to inform future risk selection and contribute to portfolio performance.

Qualifications

You’re a good fit if you have:

• Have at least 5 years of relevant experience in commercial lines underwriting with a focus in healthcare and life sciences underwriting.
• Have experience underwriting or broking mid-level to complex risks in healthcare and life sciences.
• Hold a Chartered Insurance Professional (CIP) or Canadian Risk Management (CRM) designation (or are actively pursuing);
• Hold a Level 2 broker license or can qualify for a RIBO and/or BC, AB, SK license within 90 days of employment;
• Are familiar with insurance regulatory and compliance frameworks and have a solid understanding of the industry landscape;
• Are proficient with Microsoft Outlook and Word, and ideally have experience with broker systems such as TAM or Policy Works;
• Have existing relationships within the industry you can leverage to grow your portfolio;
• Have attended industry events such as broker conventions, seminars, or networking functions;
• Are comfortable leading meetings with brokers to strengthen relationships and prospect for new opportunities;
• Are a clear and effective communicator with strong negotiation skills and a commitment to high service standards;
• Have strong analytical and decision-making skills, and can exercise sound judgment in evaluating complex risks;
• Have leadership qualities with a desire to mentor and contribute to team development;
• Are organized, self-motivated, and collaborative, with a strong work ethic and the ability to thrive in a team environment; and
• Are open to occasional travel (up to 25%) for broker meetings and events.

By joining Specialty Program Group Canada, you’ll become part of a rapidly growing company focused on providing innovative insurance solutions to support independent brokers in Canada. As a member of our team, you’ll benefit from:

• Dental care
• Extended health care
• Paid time-off
• RRSP match

Apply Today

Interested applicants are asked to send your cover letter and resume to [e-mail]. Please note that only those chosen for an interview will be contacted.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Insurance Agencies and Brokerages and Insurance

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