Property & Casualty Underwriter

NFP; Toronto; Hybrid; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking an experienced Underwriter to enhance their SME Book in a dynamic hybrid setting. This role involves underwriting new and renewal business, achieving sales goals, and managing portfolios effectively. The ideal candidate will possess strong interpersonal skills, a solid understanding of industry regulations, and a proven track record in commercial underwriting. Join a collaborative team that values professional growth and community engagement, and enjoy a range of benefits including a generous bonus plan and support for continuing education. This is a fantastic opportunity to make a significant impact in the insurance sector.

Benefits

Annual bonus plan

Matching RRSP plan

Referral Commission Plan

Health Care Spending Account

Support for continuing education

Reimbursement of license fees

Professional membership dues

Qualifications

• Minimum 3 years of commercial property and casualty underwriting experience.
• RIBO/CIP/FCIP designation or in progress is an asset.

Responsibilities

• Underwrite new business and maintain the existing renewal book.
• Achieve assigned monthly sales goals and ensure customer service standards.

Skills

Commercial Property Underwriting

Sales and Marketing

Interpersonal Skills

Problem-Solving

Decision-Making

Time Management

Education

RIBO/CIP/FCIP designation

Post-graduate degree or certification

Job description

Business Line: Property & Casualty

Hours Per Week: 35 (Full-Time)

Location: Toronto - 19-130 King St W, Toronto ON M5X2A2 - Hybrid Setting

Job Duration: Full-Time, Permanent

About the Role

We are looking to recruit an Underwriter with experience to grow our SME Book, in Toronto, your key responsibilities will be to develop new and renewal business that is received by the Team in Toronto.

What You’ll Do

• P&C Underwriting

  • Underwrite new business as presented by a broker’s office

  • Achieve assigned monthly sales goals

  • Maintain the existing renewal book

  • Underwrite and negotiate renewal

  • Ensure Customer Service Standards are consistently met

• Portfolio Management
  • Monitor each key Broker’s results semi-annually
  • Monitor Underlying Portfolio results and adjust accordingly
  • Report directly to Senior management

What You Bring

• RIBO/CIP/FCIP designation or in progress, would be considered an asset
• Post-graduate degree or certification
• Developed knowledge and applied experience in the application of industry legislation and regulations; knowledge of industry objectives, trends and issues
• Minimum 3 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

• Possess strong interpersonal and communication skills

• Possess excellent problem-solving and decision-making skills

• Capable of making sound business decisions where there are areas of ambiguity

• Possess excellent organization and time management skills with the ability to effectively multi-task

• Displays confidence and composure under pressure

• Able and motivated to work in cross-functional teams as well as independently

• Ability to take initiative and work effectively with minimal direction

• Ability to motivate self and others

Who We Are - CHES Special Risk

ABOUT 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.