Senior Underwriter, Commercial Mid-Market

CNA; Toronto; On-site; CAD 90,000 - 130,000; Full time

Job summary

A leading insurance provider in Toronto is seeking an experienced Underwriter to evaluate risks, prepare quotes, and build broker relationships. The ideal candidate has at least five years of underwriting experience and advanced knowledge of industry practices. This position offers a competitive salary range of $90,000 to $130,000 along with a comprehensive benefits package, ensuring employees can achieve well-being in all aspects of their life.

Benefits

Comprehensive benefits package

Growth and development opportunities

Qualifications

• Minimum five years underwriting experience.
• Ability to work independently and make critical business decisions.
• Demonstrated leadership skills.

Responsibilities

• Reviews applications and determines acceptability of risk.
• Prepares quotes and negotiates with brokers.
• Analyzes profitability of risks underwritten.

Skills

Advanced knowledge of underwriting and insurance industry theories

Strong interpersonal and negotiation skills

Analytical and problem solving skills

Education

Bachelor's degree or equivalent experience

Professional designations preferred

Tools

Microsoft Office Suite

Business-related software

Job description

You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.

Essential Duties & Responsibilities

• Performs a combination of duties in accordance with departmental guidelines.
• Reviews applications and financial requirements for risks requiring complex underwriting skills. Determines acceptability of risk in accordance with company guidelines and standards. Also, determines the need for additional evidence of insurability and appropriate strategy.
• Determines appropriate pricing based on financial and competitive analysis in line with compliance requirements.
• Prepares quotes and answers questions from Brokers, policyholders or other external contacts and escalates issues to management along with proposed solutions as necessary. Negotiates with brokers to reach positive and profitable outcomes.
• Notifies brokers of adverse underwriting decisions, rate changes, underwriting requirements, status and declinations.
• Analyzes quality, quantity, and profitability of risks underwritten and prepares reports for management review.
• Markets products and services through the brokerage community and makes field visits. Develops and maintains broker relationships.
• May provide guidance and assistance to other underwriters and to other functional areas, particularly when related to cross‑sell opportunities.
• Keeps current on provincial and federal issues and regulations, industry activity and trends and freely shares information with others.
• Utilizes advanced functionality in relevant CNA systems to perform day‑to‑day activities.
• Works with more specialists or management on risks exceeding authority level or requiring special handling.

Skills, Knowledge and Abilities

• Advanced knowledge of underwriting and insurance industry theories and practices.
• Demonstrated high level of technical expertise and product specific knowledge.
• Strong interpersonal, communication and negotiation skills. Ability to effectively interact with all levels of CNA's internal and external business partners.
• Ability to work independently.
• Strong analytical and problem solving skills.
• Ability to exercise independent judgment and to make critical business decisions effectively.
• Knowledge of Microsoft Office Suite as well as other business‑related software.
• Demonstrated leadership skills.

Education and Experience

• Bachelor's degree or equivalent experience. Professional designations preferred.
• Typically a minimum five years underwriting experience.

Our Total Rewards philosophy reflects our commitment to building a high‑performing, inclusive culture where every team member is empowered to grow, contribute, and thrive. We value the unique strengths and perspectives each individual brings to our business, our clients, and our communities. The base salary range for this position is $90,000 to $130,000, complemented by a comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional, and social wellbeing goals. Base salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. Please note that this posting is for an existing vacancy.

At CNA, we are committed to providing equal employment opportunities to all employees and applicants. It is our policy to provide equal employment opportunities to employees and applicants based on job‑related qualifications and ability to perform a job. If you require an accommodation during the hiring process or upon hire, please inform Human Resources. If a selected applicant requests accommodation during the recruitment process, CNA will consult with the applicant in order to provide suitable accommodation that takes into account the applicant’s accessibility needs.