Senior Specialty Energy & Property Underwriter

Economical Insurance; Toronto; Hybrid; CAD 69,000 - 127,000; Full time

Job summary

An established industry player is seeking a Senior Specialty Energy & Property Underwriter who thrives in a collaborative and innovative environment. This role focuses on underwriting large commercial property risks, particularly in the energy sector, where you will negotiate terms and analyze submissions to ensure profitability. The company promotes a hybrid work experience, emphasizing a culture of diversity and inclusion. With a competitive salary range and numerous employee benefits, this opportunity is perfect for those looking to make a significant impact in the insurance industry while enjoying a supportive workplace.

Benefits

Hybrid work schedule

Company share ownership program

Pension and savings programs

Paid volunteer days

Tuition assistance

Wellness and recognition programs

Discounts on products and services

Qualifications

• Minimum 5 years of experience in Commercial business underwriting, including Energy.
• Strong analytical, mathematical, decision-making, and negotiating skills.

Responsibilities

• Underwrite Large Commercial Property Risks with emphasis on Energy segment.
• Negotiate terms and conditions for large Construction Projects.

Skills

Commercial business underwriting

Analytical skills

Negotiating skills

Mathematical skills

Computer literacy

Education

University degree in a related discipline

Job description

Senior Specialty Energy & Property Underwriter

Join to apply for the Senior Specialty Energy & Property Underwriter role at Economical Insurance

Senior Specialty Energy & Property Underwriter

1 week ago Be among the first 25 applicants

Join to apply for the Senior Specialty Energy & Property Underwriter role at Economical Insurance

Economical is part of Definity, which includes some of Canada’s most long-standing and innovative insurance brands, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. Our ambition is to be one of Canada’s leading and most innovative property and casualty insurers. We can’t do that without our people, so we embrace and encourage a culture that’s collaborative, ambitious, rewarding, and empowering.

We offer a flexible, hybrid work experience where employees work from the office and virtually depending on the type of work they are doing and who they are working with. Bring your true self and be a part of our journey. It’s better here.

Supporting the Specialty Energy and Property Division, we are looking for an motivated individual to join a group focused on teamwork and profit-oriented underwriting.

What can you expect in this role?

• Experience in underwriting Large Commercial Property Risks with an emphasis on Energy segment ( Oil & Gas, Power Generation, and Mining sectors)
• Negotiates terms, conditions and premium for large Construction Projects within individual assigned portfolio and authority level.
• Analyze submissions in according to company underwriting guidelines and request additional information as needed or required. i.e. Engineering reports, CAT modeling, recommendations
• Manages the underwriting portfolio in accordance with guidelines and approved rating models, ensuring best practice is always maintained and seeking for profitability
• Build strong partnerships and drive growth with key brokers and clients.
  
  
  

What do you bring to the role?

• University degree in a related discipline
• Minimum 5 years of experience in Commercial business underwriting, including Energy related.
• Strong analytical, mathematical, decision making and negotiating skills
• Committed team player
• Strong computer literacy skills
• Excellent existing broker relationships and the proven ability to create and nurture new relationships
  
  
  

Salary range: $69,000 - $127,000

Interested in this role, but don't meet every requirement? We encourage you to apply! We know from experience that a candidate doesn't need 100% of the qualifications listed to bring incredible value to our team. We're actively seeking diverse backgrounds and perspectives to help us make insurance better. At Definity, inclusion, diversity, and equity aren't just "nice to have" — they're essential to our success.

What's in it for you?

• Hybrid work schedule for most roles
• Company share ownership program
• Pension and savings programs, with company-matched RRSP contributions
• Paid volunteer days and company matching on charitable donations
• Educational resources, tuition assistance, and paid time off to study for exams
• Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents
• Wellness and recognition programs
• Discounts on products and services
  
  
  

Actual salary for the role may vary depending on work location of the successful candidate and other factors including but not limited to, skills, education, experience, working conditions and the local labour market. In addition to base pay, eligible employees may participate in various incentive plans which are paid out at the discretion of the company and subject to individual and company performance.

Go ahead and expect a lot — you deserve it.

It's better here — but don't take our word for it. Definity was named by Great Place to Work as one of the Best Workplaces in Canada for women, for youth, and for inclusion.

Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know by contacting [email protected].

Background checks

This role requires successful clearance of background checks (including criminal checks and leadership references).

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Insurance

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