Property & Casualty Underwriter, CHES Special Risk

Aon; Toronto; On-site; CAD 70,000 - 90,000; Full time

Benefits offered by this job

Annual bonus

RRSP matching 5%

Referral program

Health benefits

Education support

License reimbursement

Job summary

CHES Special Risk Inc. is seeking an experienced Underwriter to evaluate, price, and manage insurance risks across Property & Casualty lines for a Canadian MGA. You will handle complex submissions, maintain broker relationships, and support profitability goals within a hybrid environment.

The role demands strong analytical prowess, market awareness, and leadership to mentor junior underwriters. Toronto location with full-time hours and competitive compensation with incentives.

Qualifications

• Minimum of 5–7 years of underwriting experience in property & casualty insurance, preferably within an MGA or insurer.
• Strong knowledge of commercial underwriting practices.
• Excellent analytical, negotiation, and decision-making skills.
• Strong communication and relationship-building abilities.
• Proficiency in underwriting systems and portfolio management tools.
• Bilingual (French and English) is an asset, especially for Canadian MGAs.

Responsibilities

• Assess and underwrite new business, renewals, and endorsements in accordance with MGA guidelines and delegated authority.
• Analyze risk exposures and determine appropriate coverage terms, limits, and pricing.
• Collaborate with brokers to negotiate terms and provide responsive service.
• Monitor portfolio performance and contribute to underwriting strategy and profitability targets.
• Ensure compliance with regulatory requirements and internal underwriting standards.
• Provide mentorship and technical guidance to junior underwriters.
• Participate in product development and refinement of underwriting guidelines.
• Maintain accurate documentation and underwriting files.
• Represent the MGA at industry events and broker meetings.

Skills

Underwriting

Risk assessment

Negotiation

Communication

Underwriting systems

Bilingual FR/EN

Tools

Underwriting software

Job description

Posting Description

Business Line: Property & Casualty

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 $70,000 to $90,000. 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.

What The Role

The Underwriter plays a pivotal role in evaluating, pricing, and managing insurance risks across various lines of business within the MGA. This individual is responsible for underwriting complex submissions, maintaining broker relationships, and contributing to the profitability and growth of the underwriting portfolio. The role requires sound judgment, technical expertise, and a proactive approach to market trends and client needs.

What You’ll Do

• Assess and underwrite new business, renewals, and endorsements in accordance with MGA guidelines and delegated authority
• Analyze risk exposures and determine appropriate coverage terms, limits, and pricing
• Collaborate with brokers to negotiate terms and provide responsive service
• Monitor portfolio performance and contribute to underwriting strategy and profitability targets
• Ensure compliance with regulatory requirements and internal underwriting standards
• Provide mentorship and technical guidance to junior underwriters
• Participate in product development and refinement of underwriting guidelines
• Maintain accurate documentation and underwriting files
• Represent the MGA at industry events and broker meetings

What You Bring

• Minimum of 5–7 years of underwriting experience in property & casualty insurance, preferably within an MGA or insurer
• Strong knowledge of commercial underwriting practices
• Excellent analytical, negotiation, and decision-making skills
• Strong communication and relationship-building abilities
• Proficiency in underwriting systems and portfolio management tools
• Bilingual (French and English) is an asset, especially for Canadian MGAs

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

• 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.

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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