Senior Property Underwriting Specialist

Aviva; Toronto; Hybrid; CAD 70,000 - 110,000; 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, ensuring profitability and quality within the portfolio. You will collaborate with internal partners and external stakeholders to identify new business opportunities, providing superior technical expertise to brokers and customers. The company offers a competitive rewards package, exceptional career development opportunities, and a hybrid work model, making it an exciting opportunity for seasoned professionals looking to make a significant impact in the insurance industry.

Benefits

Competitive rewards package

Annual bonus eligibility

Retirement savings plan

Health benefits

Personal wellness opportunities

Volunteer opportunities

Career development support

Qualifications

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

Responsibilities

• Qualify and underwrite account deals focusing on property business.
• Develop relationships with brokers and customers for exceptional service.

Skills

Property Underwriting

Risk Assessment

Customer Service

Relationship Management

Analytical Skills

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.
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. Competitive rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.
2. Exceptional Career Development opportunities.
3. We’ll support your professional development education.
4. Hybrid work model.

Additional Information

Aviva Canada is committed to providing accommodations for people with disabilities during all phases of the hiring process including the application process. If you require an accommodation because of a disability, we will work with you to meet your needs. Applicants need to make their needs known in advance. If you are selected for an interview and require an accommodation, you are encouraged to advise the Talent Acquisition Partner who will consult with you to determine an appropriate accommodation.