Senior Property Underwriting Specialist

Aviva Canada Inc.; Markham; On-site; CAD 92,000 - 201,000; Full time

Job summary

An established industry player is seeking a Senior Property Commercial Lines Underwriter to join their Corporate Risk team. This pivotal role involves underwriting large and multinational commercial property accounts while collaborating with internal partners to identify new business opportunities. The ideal candidate will have over 7 years of experience in the insurance sector, particularly in property underwriting, and a strong educational background in business. With a focus on sustainability and profitability, this position offers a chance to make a significant impact within a supportive and innovative environment. If you are driven, knowledgeable, and ready to take on new challenges, this opportunity is for you.

Benefits

Annual bonus eligibility

Retirement savings plan

Health benefits

Personal wellness programs

Volunteer opportunities

Competitive vacation package

Option to purchase extra days off

Corporate wellness programs

Qualifications

• 7+ years of experience in commercial lines property underwriting.
• Strong knowledge of property underwriting and pricing across segments.

Responsibilities

• Qualify and underwrite account deals focusing on property business.
• Develop relationships to deliver exceptional broker and customer service.

Skills

Commercial Lines Underwriting

Risk Assessment

Relationship Management

Analytical Skills

Technical Expertise

Self-Motivation

Communication Skills

Education

Post-secondary education in Business or related discipline

CIP/FCIP certification

Tools

Microsoft Office Suite

RTM

Commercial systems

Job description

Individually we are people, but together we are Aviva. Individually these are just words, but together they are our Values – Care, Commitment, Community, and Confidence.

Aviva has an excellent opportunity in our Corporate Risk team, based in Toronto, Ontario. We are recruiting for a newly created role for a Senior Property Commercial Lines Underwriter to lead and guide us to expand our business footprint in alignment with our sustainability ambitions.

As a Senior Property Underwriter, the accountability in this role will be to work on new business and creating the corresponding deal with a focus on property business and property underwriting of Large and Multinational commercial property accounts. You are accountable to collaborate with internal partners to identify new business opportunities and to provide superior technical expertise to brokers and customers to price the risk appropriately.

What You’ll Do

1. Qualify and underwrite account deals through understanding needs and risk characteristics of the customer, ensuring benefit from both top-line and profitability perspective.
2. Develop and maintain relationships cross-functionally and with external stakeholders, to deliver exceptional broker and customer service.
3. Help shape and guide our Complex Risk, Property assessment of opportunities.
4. Maintain the quality and profitability of the portfolio and refer all risks outside established authority level to Specialist.
5. Help identify areas of concern regarding loss ratios, risk trends, or other discrepancies, applying remediation strategies as appropriate.
6. Build knowledge of all Information Systems/Programs within Commercial Insurance.
7. Participate in Quality Reviews and audits as required.
8. Support maintenance of a compliant UW environment in relation to guidelines and rules.

What You’ll Bring

1. 7+ years experience in the insurance industry as a commercial lines property underwriter with:
2. Post-secondary education (Business or related discipline) or equivalent practical experience.
3. Experience in underwriting Property risks.
4. CIP/FCIP preferred.
5. Strong knowledge of property underwriting, pricing and product in various segments.
6. Working knowledge of other functional areas (i.e. Claims, Risk Management, Accounting, etc.).
7. Strong level of understanding of underwriting philosophy, policy contracts, rating programs, risk information sources, underwriting/technical manual information, statutory constraints, and computer workflow procedures.
8. Proficiency with Microsoft Office Suite, RTM, Commercial systems and other related systems.
9. Ability to interact in a professional manner to develop long-term relationships with brokers and customers.
10. Ability to work with internal business partners to deliver a great broker and customer experience.
11. Ability to be self-motivated and proactively pursue potential business opportunities with brokers and customers.
12. Ability to listen to broker and customer needs in order to effectively and efficiently meet them.

What you’ll get:

1. The salary band for this position ranges from $92,100 to $200,100. Please note that individual salary is determined by factors such as job-related knowledge, skills and experience, as well as internal equity.
2. Compelling rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.
3. Competitive vacation package with the option to purchase 5 extra days off per year.
4. Employee driven programs focused on gender, LGBTQ+, origins, diversity and inclusion.
5. Corporate wellness programs to support our employees’ physical and mental health.
6. Hybrid flexible work model.

Please note that we may use AI tools to help us through the recruitment process. This is a new position which has been posted both internally & externally.

Aviva Canada has an accommodation process in place to provide accommodations for employees with disabilities. If upon commencement of employment you require a specific accommodation because of a disability, please contact your Talent Acquisition Partner so that an appropriate accommodation can be arranged. This process applies throughout your career with Aviva Canada.