Commercial Package Underwriter

QBE; Toronto; Hybrid; CAD 70,000 - 100,000; Full time

Job summary

Join a leading insurance company as a Commercial Package Underwriter in Toronto. In this role, you will underwrite complex new business, maintain broker relationships, and apply your technical expertise to enhance underwriting decisions. Enjoy a hybrid working environment with excellent benefits while contributing to innovative solutions and team development.

Benefits

Hybrid working

Excellent benefits

Supportive and inclusive environment

Qualifications

• Experience in underwriting Commercial Package insurance is required.
• Strong knowledge of pricing, rating, and valuation tools.
• Proficient in analyzing data and risk profiles.

Responsibilities

• Underwrite new and existing business by analyzing clients' operations and claims experience.
• Develop pipeline of qualified account opportunities and create winning solutions.
• Negotiate rates and terms for existing and new business.

Skills

Collaboration Tools

Decision Making

Regulatory Compliance

Risk Management

Stakeholder Management

Communication

Insurance Underwriting

Tools

Excel

Job description

Due to continued growth were looking for anexperienced Commercial Package Underwriterto join ourinnovative and expanding team. This is a great opportunity to underwrite complex new business and provide expert guidance in the upper middle-market space. Youll be at the forefront of shaping underwriting decisions building strong broker relationships and applying your technical expertise to drive meaningful business results. In this influential role youll also stay ahead of industry trends support new product development and play a key part in developing talentcoaching and mentoring Underwriters and Assistant Underwriters as part of a collaborative forward-thinking team.

With hybrid working and excellent benefits you will be working alongside colleagues in a supportive and inclusive environment.

Your New Role :

• Underwrite new and existing business by analysing clients business operation current coverage and previous claims experience to determine exposure and set appropriate terms and premiums.
• Develop a pipeline of qualified account opportunities within appetite and utilise sales acumen relationship and creative problem-solving to create winning solutions and to ensure growth targets are met.
• Adherence to the underwriting framework by following internal guidelines regulatory and legal requirements and reinsurance requirements while demonstrating the adoption of good practices to ensure compliance and minimise risk.
• Develop and maintain strong relationships with stakeholders including customers brokers business partners and colleagues by providing personalised and quality customer service.
• Utilise knowledge of market dynamics and market cycles to operate effectively and appropriately.
• Negotiate rates terms and conditions for existing and new business and renewals; managing production and issue contract certainty documentation within set timeframe.
• Ensure 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.

About you :

• Experience in underwriting Commercial Package insurance is a requirement.
• Proven technical expertise in underwriting large complex accounts with strong knowledge of pricing rating and valuation tools.
• Skilled in analysing data policy wordings and risk profiles to support sound underwriting decisions.
• Strong market awareness with a track record of broker relationship development and new business generation.
• Excellent communication influencing and negotiation skills with the ability to prioritise and stay organised in a dynamic environment.
• Proficient in Excel and underwriting systems with a solid understanding of legal regulatory and compliance requirements.

Why QBE At My Best

At QBE we want our people to feel rewarded and inspired to perform at their best thats why we have created At My Best. Its our connection our way of showing we have your back. We understand that one size doesnt fit all and that priorities can change depending on your life stage. That is why our blend of wellbeing initiatives and benefits offer flexibility to suit what matters most to you. Its in the culture of our business our QBE DNA to support our people. Everything we do is underpinned by our QBE DNA.

Were an international insurer thats building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict whats around the corner but at QBE were asking the right questions to enable a more resilient future helping those around us build strength and embrace change to their advantage.

QBE aims to build a workplace that is fair and inclusive because we want to attract and retain the best people to do the job we have adopted flexible working across the company and welcome this conversation ( more than more than 13000 people working across 27 countries were big enough to make a real impact but small enough to provide a friendly workplace where people are down-to-earth passionate and kind.

To find out more about why you should work for QBE visit our careers website.

You are more than your work and QBE is more than a workplace which is why we provide you with the benefits support and flexibility to help you concentrate on living your best life personally and professionally.

QBE Awards

Some of the awards QBE are proud to have won been a finalist for and shortlisted for include;

AXCO Global Insurance Awards 2024 Winner : Network Management of the Year

Insurance Business UK 5-Star Cyber Awards 2024 : QBE rated as a 5-Star Cyber Insurer

UK IT Industry Awards 2023 Winner : Green Technology Innovation of the Year

Insurance Post British Insurance Awards 2023 : QBE rated as a 5-Star Employee

You can view all our awards here

Inclusion of Diversity

We are striving to create a workplace culture where all our people feel included and we are committed to building a diverse workforce that is reflective of the communities we operate in. We are proud to have partnerships with organisations such as Stonewall and Working Families and our commitment to the Women in Finance Charter the UN Womens Empowerment Principles and Race at Work charter helps keep us accountable and transparent. For more information on our strategy targets please take a look at our Careers Page

Accessibility

Here at QBE we are promoting an accessible workplace for all which includes supporting candidates to perform at their best during their recruitment process. If you require any accommodations please make your Talent Acquisition contact aware.

ESG & Sustainability

At QBE we believe that integrating sustainability into our business helps us deliver on our purpose of enabling a more resilient future. Our three key focus areas include fostering an orderly and inclusive transition to a net-zero economy enabling a sustainable and resilient workforce and partnering for growth through innovative sustainable and impactful solutions. For further information regarding QBEs sustainability targets including our net-zero pledges and inclusion of diversity targets and our award-winning impact investment initiative Premiums4Good please visit our Sustainability homepage and read our latest Sustainability Report

What next

If you have a passion to contribute to QBEs vision of enabling a more resilient future for our customers and the community we encourage you to apply! Simply click the apply button to submit your CV and other relevant documents and a member of our friendly Talent Acquisition team will be in contact to discuss your interest further if you meet the requirements of the role.

We believe this is our moment what if it was yours too

Please note : This opportunity is for immediate hire

APPLY NOW and lets make it happen!

Skills :

Business Management Collaboration Tools Commercial Acumen Communication Critical Thinking Decision Making Detail-Oriented Insurance Insurance Underwriting Intentional collaboration Managing performance Portfolio Management Regulatory Compliance Risk Management Stakeholder Management

How to Apply :

To submit your application click Apply and follow the step by step process.

Equal Employment Opportunity :

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

Key Skills

Loan Processing,Computer Skills,Fraud,Math,Banking,Pricing,Analysis Skills,Fair Housing Regulations,Underwriting,Financial Analysis,negotiation,Phone Etiquette

Employment Type : Full-Time

Experience : years

Vacancy : 1

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