Junior Underwriter, CHES Special Risk

Aon Corporation; Toronto; On-site; CAD 50,000 - 60,000; Full time

Benefits offered by this job

Annual bonus plan

RRSP matching 5%

Health Care Spending Account

Job summary

CHES Special Risk Inc. is seeking a Junior Underwriter in Toronto to manage renewals, develop new business with Binder markets, and help grow the SME Team. The role emphasizes underwriting expertise, sales activities, and broker relationship building.

The candidate should have a post-graduate degree or certification, CIP/FCIP designation or in progress, and at least 5 years of commercial property and casualty underwriting experience. Hybrid opportunities and bonus prospects are mentioned.

Qualifications

• 5+ years of commercial property and casualty underwriting experience.
• Demonstrable sales and marketing experience.
• Experience with underwriting basic to moderately complex books and reinsurance concepts.

Responsibilities

• Identify business development opportunities within each key broker’s book of business; develop a regional prospect list.
• Conduct regular business development meetings with key brokers’ staff.
• Market specialist products, services, and approach to business regionally.
• Introduce new products, develop and deliver product presentations to all brokers.
• Develop and implement regional marketing plan.
• Maintain Regional Broker list and update systems.
• Build and maintain strong relationships with key customers.

Skills

Commercial underwriting experience

Sales & marketing

Underwriting complex books

Education

Post-graduate degree or certification

CIP/FCIP designation or in progress

Job description

Posting Description

Business Line: CHES Special Risk

Hours Per Week: 35 (Full-Time)

Location: Toronto, Ontario – 190 King Street West – 19th Floor

Job Details: Full-Time, Permanent Position, Current Vacancy

Wage Transparency: The base salary range for this position is $50,000 to $60,000. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. Actual base salary offered will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

About the Role

We are looking to recruit a Junior Underwriter for our Toronto team. Your key responsibilities will be to maintain existing Renewals and develop new business with our Binder markets, and recruiting and grow the SME Team

What You’ll Do

• Identify business development opportunities within each key broker’s book of business including the development of a prospects list for the region
• Conduct regular business development meetings with key brokers’ staff
• Market specialist products, services, and approach to business throughout the regional marketplace
• Introduce new products to market, including development and delivery of product presentations to all
• brokers
• Develop and implement regional marketing plan
• Maintain Regional Broker list, including systems updates
• Build and maintain strong relationships with key customers
• Market products and services, at customer conferences and trade shows
• Acquire and maintain senior level underwriting skills
• Underwrite and negotiate renewal of more complex accounts

What You Bring

• Post-graduate degree or certification
• CIP/FCIP designation or in progress
• Developed knowledge and applied experience in the application of industry legislation and regulations; knowledge of industry objectives, trends and issues
• Minimum 5 years of commercial property and casualty underwriting experience
• Demonstrable sales and marketing experience
• Experience/exposure to financial management methods, the nature of insurance risk and reinsurance costs, underwriting, claims underwriting and reinsurance
• Demonstrable proficiency in underwriting basic to moderately complex books of commercial property and casualty products, including underwriting coverage, pricing, production and delivery, risk management and managing local brokerage plans

Who We Are – CHES Special Risk Inc.

CHES Special Risk Inc. established as a Managing General Agent and Wholesale broker in 2004, in response to Broker demand to a hardening market place, commencing with a particular specialty in the Entertainment and Hospitality business, later becoming a fully accredited Lloyd's coverholder in 2009. CHES Special Risk are a fully Independent Canadian Owned MGA delivering "A" Rated capacity both in the Hard to Place, and Standard lines classes and support their Retail Brokers in Growing and developing their businesses. Winner of the 2016/2017 Award for MGA of the Year More information regarding CHES Special Risk can be found at: http://www.chesspecialrisk.ca

What’s In It For You

NFP’s PeopleFirst culture offers a multitude of benefits to employees and is a great place to call home.

• A hybrid environment approach that keeps the best interests of our staff and our clients in mind
• Annual bonus plan for all employees
• Matching RRSP plan of 5% of salary
• Referral Commission Plan
• Generous benefits plan including Health Care Spending Account starting on the first day of employment
• Full support for continuing education & internal opportunities to grow as an insurance professional to advance career
• Reimbursement of license fees and professional membership dues
• A global team of industry leaders focused on employee retention, client growth, industry innovation and collaboration

Our employees are the foundation of our success.

NFP is a big company — a growing, inclusive team of individuals supporting each other’s passions and engaging with the community.

Building a diverse, collaborative and innovative team requires leadership, deliberate action, and ongoing measurement. We actively support the well-being of our employees with benefits and programs driven by recognition, community, financial wellness tools, development and inclusion, fostering personal and professional growth that keeps us moving forward.

Beyond our office walls, we’re dedicated to serving the community around us. Every day we make proactive choices to take care of the communities in which we live and work.

We contribute to different organizations, including Women in Insurance Cancer Crusade (WICC), Food Banks Canada, Indspire Canada and many more. From charity drives and community service outings to other company-sponsored events, our employees donate their time and raise funds on behalf of great causes across the country.

Our business is built on the personal level. Whether it’s in our offices, on a call, out in the field or anywhere you can find us in the world, we’re starting the conversations that create a more secure future for everyone.

Accommodations are available on request for candidates taking part in all aspects of the selection process.

Artificial Intelligence Disclosure: A.I. is not being used to screen, assess, or select applicants for the position.

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