Senior Underwriter, Commercial Auto

Sovereign Insurance; Toronto; Hybrid; CAD 125,000 - 150,000; Full time

Job summary

A leading insurance provider in Toronto is seeking a Sr Underwriter for their Commercial Auto department. You will evaluate complex applications, manage relationships with brokers, and contribute to team goals. The ideal candidate has 5-7 years of underwriting experience and a Chartered Insurance Professional designation. This role offers a comprehensive rewards package and supports a hybrid work environment.

Benefits

Comprehensive rewards package

Holistic well-being programs

Flexible work options

Qualifications

• 5-7 years of Commercial Auto Underwriting experience, including underwriting new business.
• Experience with auto and transportation, focusing on medium to large accounts.

Responsibilities

• Review and evaluate large, complex account applications to determine risk, coverage, and premiums.
• Negotiate coverage and rates; participate in underwriting audits.
• Provide guidance, training, and mentorship to less experienced staff.

Skills

Commercial Auto Underwriting experience

Relationship Building

Client Experience

Attention to Detail

Education

Chartered Insurance Professional (CIP) designation

Job description

Company: Sovereign Insurance

Department: Commercial Auto

Employment Type: Regular Full-Time

Work Model: Hybrid

Language: This role operates in English

Additional Information: This role is currently vacant

The Opportunity:

As a wholly owned subsidiary of the Cooperators General Insurance Company, Sovereign Insurance values your experience. We are committed to our clients and employees, recognizing that our strength begins with our people—the smart, curious, and collaborative individuals who bring passion to their work. We prioritize the well-being of our team to ensure they are inspired to protect Canadian businesses, families, and communities. Join us and shape your experience at Sovereign.

As a Sr Underwriter, Commercial Auto, you will:

• Review and evaluate large, complex account applications to determine risk, coverage, and premiums.
• Accept or reject applications based on policies, procedures, standards, and authority levels.
• Promote, underwrite, and quote new business, renewals, and endorsements in line with company policies and objectives.
• Negotiate coverage and rates; participate in underwriting audits.
• Complete necessary documentation for your business.
• Develop and maintain positive relationships with brokers.
• Support team goals, including profitability and premium targets.
• Provide guidance, training, and mentorship to less experienced staff.

How you will succeed:

• Deliver exceptional client experiences through positive relationships and accountability.
• Align your actions with the company’s purpose, vision, and values, even under challenge.
• Support and guide others through change; explore new opportunities and innovations.
• Value collaborative dialogue, embracing diverse perspectives for creative solutions.

To join our team:

• 5-7 years of Commercial Auto Underwriting experience, including underwriting new business.
• Experience with auto and transportation, focusing on medium to large accounts.
• Chartered Insurance Professional (CIP) designation is an asset.
• Proven ability to build lasting relationships with broker partners.

What you need to know:

• Detail-oriented work requiring high concentration over extended periods.
• Support to clients experiencing personal or financial loss, requiring confidentiality and discretion.

What's in it for you?

• Challenging work that allows you to contribute your expertise and passion.
• A comprehensive rewards package including salary, bonus, paid time off, pension, and benefits.
• Holistic well-being programs, including health initiatives and flexible work options.
• Work with an inclusive team that inspires achievement.
• Be part of a company committed to social, environmental, and financial well-being.