Commercial Lines Senior Underwriter - Healthcare & Life Science

Specialty Program Group Canada; Toronto; Hybrid; CAD 75,000 - 95,000; Full time

Job summary

A leading insurance Managing General Agency is seeking a dynamic Senior Underwriter for its Healthcare and Life Sciences Practice based in Ontario. This hybrid/remote position requires extensive experience in underwriting complex risks. You'll underwrite new and renewal business, maintain broker relationships, and mentor junior staff while contributing to innovative insurance solutions.

Benefits

Dental care

Extended health care

Paid time-off

RRSP match

Qualifications

• 5 years of commercial lines underwriting experience, especially in healthcare and life sciences.
• Strong negotiation skills and effective communicator.
• Proficient with Microsoft Office and broker systems.

Responsibilities

• Underwrite complex new and renewal business in the healthcare sector.
• Maintain strong relationships with brokers and key stakeholders.
• Ensure compliance with internal underwriting guidelines.

Skills

Analytical skills

Negotiation skills

Communication

Leadership

Organizational skills

Education

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

Level 2 broker license

Tools

Microsoft Outlook

Microsoft Word

Broker systems (TAM or Policy Works)

Job description

Commercial Lines Senior Underwriter - Healthcare & Life Science

Commercial Lines Senior Underwriter - Healthcare & Life Science

20 hours ago Be among the first 25 applicants

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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 a Senior Underwriter to join our growing department.

Overview

We’re looking for a dynamic and experienced Senior 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;
• 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 sector.
• 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;
• 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;
• 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

Salary Range

The expected salary range for this position is from $75,000 and above and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level. Specialty Program Group Canada and affiliated brands are proud to offer comprehensive benefit and total compensation packages which include extended health and dental benefits, disability insurance, RRSP matching, paid time off benefits, and a variety of potential bonus opportunities.

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

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