Cyber Underwriter or Senior Underwriter / Toronto

Everest Re Group,; Toronto; Hybrid; CAD 80,000 - 110,000; Full time

Job summary

A leading insurance firm in Toronto is seeking a Cyber Underwriter or Senior Underwriter to join the Cyber team. The position involves managing a cyber portfolio, cultivating broker relationships, and performing underwriting processes. Ideal candidates will have strong communication skills and substantial experience in cyber insurance, with a Bachelor's degree preferred. The role supports hybrid work arrangements.

Qualifications

• Minimum of 5 years experience for Senior Underwriter in cyber insurance.
• Minimum of 3 years for Underwriter (II) in cyber insurance.
• Cybersecurity training or designations are assets.

Responsibilities

• Manage a profitable portfolio of cyber business.
• Develop new and existing broker and customer relationships.
• Perform all aspects of the underwriting process.

Skills

Exceptional oral and written communication

Problem-solving analytic skills

Strong work ethic

Team oriented

Comfortable analyzing cyber risk exposures

Education

Bachelor’s Degree preferred or College Diploma

Job description

Overview

Title: Cyber Underwriter or Senior Underwriter / Toronto

Company: Everest Insurance Company Of Canada

Job Category: Underwriting

Job Description: Everest Insurance Company of Canada is seeking a highly motivated individual to join our Company in the position of Underwriter or Senior Underwriter, Cyber. As a key member of the Cyber team, reporting to the Head of Cyber, you will be accountable for all facets of renewal and new business production for Everest’s growing insurance group.

About Everest

Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.

Responsibilities

• Growing and managing a portfolio of profitable business focused on providing cyber coverage (including technology E&O and miscellaneous professional liability)
• Developing and cultivating new and existing broker and customer relationships nationally
• Working with brokers and clients to create customized insurance solutions
• Perform all aspects of the underwriting process and due diligence including review and analysis of underwriting documents, third party vendor reports, current trends and individual risk factors
• Negotiate deal terms and contract language
• Source new business opportunities through a strong broker and client network
• Collaborating with other related financial lines segments along with regional colleagues and internal/external business associates
• Provide exceptional broker and customer service pursuant to industry leading guidelines
• Strong adherence to internal and external compliance as well as file documentation
• Collaborate with underwriting, claims, operations, marketing, and home office to achieve collective team goals

Qualifications, Education & Experience

• Bachelor’s Degree is preferred, or a College Diploma with applicable work experience
• Minimum of 5 years of experience for Senior Underwriter in cyber insurance underwriting, broking, or related experiences including consulting
• Minimum of 3 years for Underwriter (II) in cyber insurance underwriting, broking, or related experiences including consulting
• Cybersecurity training and/or designations considered an asset

Knowledge, Skills & Competencies

• Exceptional oral and written communication with the ability to concisely provide executive summaries to senior management
• Strong problem-solving analytical skills, with an ability to drive data analytics and make appropriate conclusions on results
• Team oriented and ability to work effectively with peers
• Demonstrated bias for action with a high sense of urgency, strong work ethic and drive for results
• Familiarity with cyber insurance wordings and endorsements and the current state of the cyber insurance market in Canada
• Comfortable with analyzing cyber risk exposures across multiple sectors and types of companies (Energy, Financial Institutions, Construction, Manufacturing, Technology, Retail, Transportation, Marine, Industrials)
• A strong individual as well as a team player, capable of building effective internal and external relationships through appealing personal skills

#LI-Hybrid

#LI-RS1

What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture.

• Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
• Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

Type: Regular

Time Type: Full time

Primary Location: Toronto - Insurance Canada

Additional Locations:

Everest Canada. Privacy Notice | Everest (everestglobal.com)