VP Casualty Underwriting

Endurance Services; Toronto; On-site; CAD 120,000 - 180,000; Full time

Job summary

A leading insurance provider seeks a Vice President, Casualty Underwriting Professional in Toronto. This role involves underwriting casualty risks, developing client relationships, and ensuring adherence to guidelines. The ideal candidate will have extensive experience in the Canadian market and strong communication skills.

Benefits

Comprehensive benefits

Opportunities for professional growth

Competitive salary

Qualifications

• 12 years of casualty underwriting experience, preferably in the Canadian market.
• Excellent written and verbal communication skills.
• Knowledge of Canadian insurance regulations and market trends.

Responsibilities

• Evaluate and underwrite casualty risks, conducting risk assessments and analyzing data.
• Develop and maintain relationships with clients, brokers, and stakeholders.
• Participate in rate monitoring, market analysis, and develop pricing models.

Skills

Negotiation

Attention to Detail

Communication

Education

Bachelor's degree

CIP

FCIP

CRM

Job description

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe, and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative, and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels across multiple business areas globally. Our compensation and benefits programs are market-driven, competitive, with excellent family-friendly policies and flexible working provisions.

Job Description

Sompo Canada Services Corp. is a wholly owned subsidiary of Sompo International Holdings Ltd., which is a wholly owned subsidiary of Sompo Japan Insurance Inc., and is part of the Sompo Holdings Inc. (Sompo) group of companies.

Sompo is a financial services holding company organized under Japanese law, with shares listed on the Tokyo Stock Exchange. It is one of the largest property and casualty insurance groups in Japan, providing insurance and related services through its global network operating in 32 countries.

Sompo International is the trade name for its global specialty property and casualty insurance and reinsurance operations outside Japan. In Canada, Sompo International is the brand under which Sompo Japan Insurance Inc. Canada Branch operates its Canadian insurance business, a name also used by our offices in Bermuda, the U.S., U.K., Continental Europe, and Asia.

We underwrite agriculture, professional lines, property, marine and energy, casualty, and other specialty lines, including catastrophe property, weather risk, and reinsurance.

Join us as we expand our Canadian insurance business! Help build the best commercial underwriting team in Canada. Be part of an organization where our people have the opportunity to excel and provide clients with innovative solutions to support their growth.

We are seeking a Vice President, Casualty Underwriting Professional, for our Toronto office.

Our service approach offers comprehensive multiline capabilities to accounts in industries such as real estate, hospitality, financial institutions, manufacturing, life sciences, technology, Asian-interest accounts, and professional services. We take a holistic risk management approach, offering primary casualty (general liability, commercial auto), excess capacity, and commercial packages to small, middle-market, and large accounts across the U.S., Mexico, and Canada.

Duties and Responsibilities:

• Demonstrate technical expertise and product knowledge in Primary and Excess Casualty Insurance (General Liability, Umbrella, Excess, and Commercial Auto).
• Evaluate and underwrite casualty risks, including conducting risk assessments, analyzing data, reviewing applications, and determining coverage and pricing.
• Utilize underwriting tools and strategies to ensure adherence to guidelines.
• Participate in rate monitoring, market analysis, and develop pricing models for growth opportunities.
• Develop and maintain relationships with clients, brokers, and stakeholders to generate new business and strengthen the book of business.
• Stay informed about industry trends, regulations, and market conditions to identify risks and opportunities.
• Assist in developing underwriting strategies and policies aligned with company goals.
• Collaborate with claims, risk engineering, and legal teams to assess risks and resolve issues.
• Provide excellent customer service, responding promptly and professionally to inquiries and concerns.
• Contribute to achieving business targets such as premium growth, profitability, and customer satisfaction.
• Engage in training and professional development to stay current with industry practices and enhance skills.

Desired Skills & Experience

• 12 years of casualty underwriting experience, preferably in the Canadian market.
• Bachelor's degree preferred; professional designations (CIP, FCIP, CRM) are an asset.
• Excellent written and verbal communication skills for effective interaction with clients, brokers, and internal teams.
• Established relationships with brokers and agents regionally and nationally.
• Strong negotiation, attention to detail, and communication skills.
• Team-oriented and collaborative mindset.
• Knowledge of Canadian insurance regulations and market trends.
• Ability to travel as needed.
• French language skills are a plus.

This job description provides an overview of the role's general responsibilities and level. Management reserves the right to assign or reassign duties as needed.

We offer a competitive salary, comprehensive benefits, and opportunities for professional growth. We are committed to inclusive and accessible employment practices, providing accommodations for individuals with disabilities upon request. Please contact Human Resources for assistance.