Senior Program Underwriter

Tokio Marine Canada Ltd.; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading P&C insurance company in Toronto is seeking a Senior Program Underwriter to join their Programs team. The successful candidate will evaluate exposures, negotiate business with brokers, and collaborate with partners to deliver innovative underwriting solutions. A minimum of 5 years of commercial underwriting experience is required, along with excellent communication skills and a proactive mindset. This role offers a hybrid work model, allowing flexibility for remote work.

Qualifications

• 5+ years of commercial underwriting experience (programs preferred).
• Ability to juggle multiple priorities and meet deadlines.
• Comfort in a dynamic, evolving environment.

Responsibilities

• Evaluate exposures and determine coverage, terms, pricing, and reinsurance needs.
• Negotiate new and renewal business with brokers and MGAs.
• Underwrite and audit renewals and existing business.

Skills

Strong stakeholder management

Organizational skills

Customer-first mindset

Excellent communication skills in English

Education

University degree or college diploma

CIP or FCIP designation

Tools

Microsoft Office tools

Job description

Overview

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 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

We’re hiring a Senior Program Underwriter to grow our Programs team. Reporting to the SVP, you’ll collaborate with business leaders and DUA partners to deliver creative, solutions-driven underwriting.

What You’ll Be Doing

• Evaluate exposures and determine coverage, terms, pricing, and reinsurance needs
• Negotiate new and renewal business with brokers and MGAs
• Handle referrals and escalations under DUA agreements
• Draft insurance wordings and agreements
• Build, monitor, and audit commercial programs
• Underwrite and audit renewals and existing business
• Ensure documentation meets departmental standards
• Foster strong relationships with reinsurers, brokers, MGAs, and partners
• Deliver market presentations and support business development
• Collaborate across business lines for a multi-line approach
• Drive growth while maintaining profitability
• Stay current on market trends and industry developments

Who You Are

You’re a proactive underwriter who thrives in dynamic environments and builds strong programs. You bring:

• A university degree or college diploma
• 5+ years of commercial underwriting experience (programs preferred)
• CIP or FCIP designation (preferred)
• Strong stakeholder management and organizational skills
• Ability to juggle multiple priorities and meet deadlines
• A customer-first mindset and collaborative spirit
• Comfort in a dynamic, evolving environment
• Proficiency in Microsoft Office tools
• Excellent communication skills in English

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.