Senior Property & Casualty Underwriter

Engineering Search Firm Inc; Toronto; On-site; CAD 95,000 - 115,000; Full time

Job summary

A Canadian recruitment agency is seeking an experienced Senior Property & Casualty Underwriter in Toronto to manage insurance policies for commercial clients. The ideal candidate will have 3-5 years of experience, a strong understanding of risk assessment, and excellent communication skills. This full-time role offers a salary range of $95-$115k, with onsite work from Monday to Friday.

Qualifications

• 3-5 years of underwriting experience in the Property and Casualty insurance market.
• Strong understanding of insurance products and risk assessment.
• Knowledge of Canadian insurance regulations.

Responsibilities

• Underwrite and manage package policy submissions for clients.
• Evaluate client risk exposures and assess risk profiles.
• Develop and maintain relationships with brokers and clients.

Skills

Risk assessment

Policy evaluation

Customer relationship management

Communication skills

Negotiation skills

Education

Bachelor’s degree in Business, Finance, Risk Management, or a related field

Tools

Microsoft Office Suite

Underwriting software (e.g., PolicyCenter, Guidewire)

Job description

Overview

Senior Property & Casualty Underwriter — Full Time: Toronto Ontario. Onsite: Monday to Friday. Salary: $95-$115k

Job Overview: We are seeking an experienced and dynamic Underwriter to join our team, specializing in package policies within the Property and Casualty (P&C) middle market space. The successful candidate will be responsible for evaluating, underwriting, and managing new and renewal business for a portfolio of commercial clients. This role requires a deep understanding of risk assessment, policy coverage, and market trends in the Canadian insurance landscape.

Responsibilities

• Underwrite and manage package policy submissions for middle-market property and casualty clients, ensuring alignment with underwriting guidelines, risk appetite, and company objectives.
• Evaluate client risk exposures, review property and liability coverages, and assess the overall risk profile of commercial accounts.
• Develop and maintain relationships with brokers, agents, and clients to ensure the delivery of high-quality insurance solutions and exceptional customer service.
• Analyze financial data, loss history, and risk characteristics to determine appropriate pricing and terms for policies.
• Collaborate with internal teams (e.g., claims, risk management, and legal) to provide comprehensive insurance solutions and resolve any client or policy-related issues.
• Review and negotiate policy terms, conditions, and endorsements in line with underwriting authority.
• Monitor and manage a portfolio of accounts, including assessing renewals, endorsements, and policy adjustments.
• Stay updated on industry trends, regulatory changes, and emerging risks in the property and casualty market.
• Provide support and guidance to junior underwriters and assist in the development of underwriting strategies.
• Ensure compliance with regulatory requirements and company policies while maintaining a high level of professionalism in all underwriting practices.

Qualifications

• Bachelor’s degree in Business, Finance, Risk Management, or a related field (or equivalent experience).
• A minimum of 3-5 years of underwriting experience in the Property and Casualty insurance market, with a focus on middle-market package policies.
• Strong understanding of insurance products, risk assessment, pricing strategies, and policy language.
• Knowledge of Canadian insurance regulations and market conditions.
• Excellent communication and negotiation skills, with the ability to build and maintain strong relationships with brokers, clients, and colleagues.
• Ability to work independently and make sound underwriting decisions within established guidelines.
• Proficiency in Microsoft Office Suite and underwriting software (e.g., PolicyCenter, Guidewire, etc.).
• Professional designation (CIP, FCIP, etc.) is an asset.