Senior Property Underwriter

Aon; Toronto; On-site; CAD 150,000 - 200,000; Full time

Job summary

A global risk management firm in Toronto is seeking a Senior Property Underwriter to assess complex risks and determine pricing for various accounts. The ideal candidate will have at least seven years of Property underwriting experience, strong analytical and negotiation skills, and a solid understanding of portfolio management. This role promotes inclusion and a supportive work environment, alongside a comprehensive benefits package, making it an exciting opportunity to contribute to the firm's success.

Benefits

Comprehensive benefits package

Global Wellbeing Days

Inclusive workforce environment

Qualifications

• At least seven years of Property underwriting experience.
• Strong analytical, mathematical, decision making and negotiating skills.
• Excellent communication and organizational skills.

Responsibilities

• Assess and evaluate complex risks for new business quotes and renewals.
• Determine appropriate pricing and document risk assessments.
• Negotiate terms and conditions for accounts.

Skills

Commercial Insurance knowledge

Property underwriting experience

Analytical skills

Mathematical skills

Decision making skills

Negotiating skills

Communication skills

Organizational skills

Time-management skills

Proficient in MS Word, Excel, and Outlook

Education

College Diploma or University degree

Job description

Senior Property Underwriter

Aon is seeking a Senior Property Underwriting – Linx Underwriting, based in Toronto.

Applicants must be legally authorized to work in Canada. This role is not eligible for sponsorship, and we are unable to sponsor or take over sponsorship of an employment visa or work permit.

Aon is in the business of better decisions

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organization, we are united through trust as one inclusive team and we are passionate about helping our colleagues and clients succeed.

What the day will look like

• Assess and evaluate complex risks, while analyzing requests for new business quotes, renewals and endorsements.
• Determine appropriate pricing based on financial and competitive analysis and thoroughly document the thought process of risk assessment.
• Complete underwriting referrals as required.
• Negotiate and bind terms, conditions and premium for new and renewal accounts within individual assigned portfolio and authority level.
• Review and analyze claims and policy wordings.
• Develop and maintain broker relationships.
• Effectively manage multiple transactions, leveraging system functionalities to appropriately document processing of transactions and file management.
• Create an environment within the team that encourages inclusion and openness to ensure the plan is delivered.
• Participate in self-development activities to improve or develop knowledge of underwriting or business-related subjects.
• Perform other related duties as assigned.

How this opportunity is different

We write a diverse book of business covering a wide range of clients including but not limited to: real estate, retail, manufacturing, wholesale, forestry, public entities and Indigenous services.

The successful candidate will need to demonstrate a good understanding of portfolio management, excellent listening skills and the ability to communicate effectively with both brokers and our insurance partners to drive an aligned strategy to profitably grow our business.

Skills and experience that will lead to success

• Commercial Insurance knowledge with at least seven years of Property underwriting experience.
• College Diploma/University degree or equivalent experience.
• Strong analytical, mathematical, decision making and negotiating skills.
• Independent thinker and self-starter.
• Excellent communication.
• Organizational and time-management skills.
• Proficient computer skills in MS Word, Excel and Outlook.
• Committed team player.
• Experience working in an MGA, or with referral-based underwriting is an asset.

How we support our colleagues

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions for our colleagues as well.

Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

Aon values an innovative and inclusive workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

We are committed to providing equal employment opportunities and fostering an inclusive workplace. If you require accommodations during the application or interview process, please let us know. You can request accommodations by emailing [e-mail] or your recruiter. We will work with you to meet your needs and ensure a fair and equitable experience.

Aon 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 Aon hires that candidate.