Property Underwriting Director

Tokio Marine Canada Ltd.; Montreal; Hybrid; CAD 100,000 - 130,000; Full time

Job summary

A leading insurance company in Canada is seeking a Property Underwriting Director to underwrite property exposures and manage risk evaluations. The ideal candidate has over 8 years of commercial underwriting experience, is bilingual in French and English, and possesses strong negotiation skills. This role also emphasizes collaboration with cross-functional teams to deliver exceptional service and drive portfolio growth. The position is full-time and offers a hybrid work model.

Benefits

Flexible working environment

Opportunities for professional development

Inclusive workplace culture

Qualifications

• Experienced underwriter with a broad property underwriting background.
• Able to work collaboratively in a team-oriented culture.
• Comfortable with insurance applications and technology.

Responsibilities

• Underwrite property and equipment breakdown exposures.
• Evaluate risks and negotiate terms with brokers.
• Support cross-selling of multiple lines of business.

Skills

Commercial underwriting experience

Strong interpersonal skills

Fluency in French and English

Negotiation skills

Analytical skills

Education

8+ years of commercial underwriting experience

Tools

Excel

PowerPoint

Job description

4 days ago Be among the first 25 applicants

Get AI-powered advice on this job and more exclusive features.

Join Us as a Property Underwriting Director

Who We Are

Tokio Marine Canada (TMCan) is a Canadian early-stage entrepreneurial commercial P&C insurer based in Toronto. We partner with select brokers to deliver tailored business insurance solutions across Canada.

As part of the Tokio Marine Group, we are able to collaborate under a shared framework while maintaining

autonomy and local decision making.

We support Canadian businesses in taking smart risks by delivering practical insurance solutions and exceptional service through trusted broker partnerships.

The Opportunity

Reporting to the Vice President, Property, and working closely with business leaders and your peers, we are looking for a Commercial Property Underwriting Specialist / Director to join our team.

Our focus is simple - create the best team of professionals in the business.

If you enjoy the excitement, challenges and rewards that come with creating better ways to do business, this may be the opportunity for you!

What You’ll Be Doing

• Underwrite property and equipment breakdown exposures in the commercial property and

construction market, mainly for the Eastern Canada region, with a specific focus on target

segments, including but not limited to, manufacturing, forestry, contractors, project specific

construction, warehousing and wholesale, realty and retail.

Review submissions, identify hazards and exposures, evaluate risks, determine terms, establish

capacity, set price, discuss with facultative reinsurers, and negotiate with brokers for new

business, renewals, or project extensions. Terms provided will be based on TMC’s underwriting

guidelines.

Support the cross selling of multiple lines of business and coordinate quotations for multi-line

customers with our Casualty and Automobile departments and seek out solutions for TMC to

provide holistic solutions to our brokers and customers situated in Eastern Canada.

Work collaboratively alongside representatives from internal or external risk control and internal or external claims staff with a focus on delivering exceptional service to TMC brokers, MGA’s and

customers.

Drive the profitable growth of the portfolio by maintaining a strong market presence and prioritizing visibility with focus on our brokers and customers.

Attend and participate in insurance industry, reinsurance, or broker events as required.

You will operate within your underwriting authority to ensure TMC’s guidelines have been adhered to. Develop and adhere to appropriate underwriting standards and maintain underwriting discipline in line with the established underwriting framework.

Work alongside your colleagues and the VP Property to ensure TMC’s governance and control ambitions are addressed through peer audits or file reviews within the established timelines outlined.

Work with the VP Property to meet established thresholds and targets relating to gross premium, net premium, new business, renewal retention, inflation uplift, rate uplift and profitability for the various property and equipment breakdown portfolios.

Understand and enhance underwriting strategies, develop new business propositions, document renewal strategies and plans, enhance value propositions, and work with others to build marketing messages and materials.

Conduct analysis of lead carrier or broker manuscript policy wordings as required.

Provide technical training, mentoring and other learning and development opportunities to Underwriters, Underwriting Assistants and other applicable individuals.

Who You Are

You are experienced underwriter with broad property underwriting experience across various sectors of the market. You are team player with a positive attitude who thrives in a consensus culture with an emphasis on collaboration.

You are a self-starter who is excited by the opportunity to jump right in and can come up to speed quickly. You are comfortable working on a lean team and are not afraid to roll up your sleeves and do the work that needs to be done.

You bring :

8+ years of commercial underwriting experience

Established expertise in commercial property underwriting in upper mid-market, risk managed or specialty space

Understanding of Equipment Breakdown Insurance coverages and service requirements for exposures within the commercial property space.

Comprehensive knowledge and understanding of the Canadian commercial property and overall Property & Casualty insurance market

A positive mindset, service-oriented point of view with a passion for negotiation and influence

Strong interpersonal and relationship building skills, both inside and outside an organization

Excellent communication skills (written and verbal) and strong presentation skills

Creative and solution-oriented

Comfort with insurance applications and technology including Excel, Power Point and corporate Policy Administration System

Willingness to travel as required

Fluency in both French and English required as the role will be operating not only in Quebec, but also in the Atlantic provinces.

Life at Tokio Marine Canada

At TMCan, we’re a relationship company. We value collaboration, innovation, and inclusion, where every voice matters and every team member makes an impact. We believe in flexibility, authenticity, and growth : because when our people thrive, so does our business.

Our CARE values guide everything we do :

Collaborative : We communicate openly, support one another, and work as one team.

Achieving Excellence : We challenge the status quo and exceed expectations.

Responsive : We anticipate needs and deliver timely, exceptional service.

Ethical & Respectful : We act with integrity and empower our people to do the right thing.

Our Commitment to an Inclusive and Respectful Workplace

At TMCan, we are deeply committed to fostering a culture of equity, diversity, and inclusion. We strive to create a workplace where every individual is welcomed, respected, and valued for their unique identity and perspective. By embracing our differences and learning from one another, we aim to build a positive and empowering environment for all.

Tokio Marine Canada was proudly recognized as one of the Best Places to Work in Canada by Canadian HR Reporter in 2024.

We work in a hybrid model, and you should expect to split your time between working in the office and working remotely, with flexibility based on the role and the business needs. We currently have an office in downtown Toronto and will eventually be establishing offices in other provinces.

Should you currently work in a province where we do not have an office, you will remain remote until such time as we do establish an office.

Tokio Marine Canada is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if TMCan hires that candidate.

Seniority level

Seniority level

Director

Employment type

Employment type

Full-time

Job function

Industries

Insurance

Referrals increase your chances of interviewing at Tokio Marine Canada Ltd. by 2x

Sign in to set job alerts for “Director of Underwriting” roles.

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

J-18808-Ljbffr