Senior Underwriter, Commercial Property / Toronto

Everest Re Group,; Mississauga; Hybrid; CAD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Senior Underwriter with extensive experience in Commercial Property. This pivotal role involves assessing risks, collaborating with diverse teams, and driving innovative solutions for clients across Canada. You will be part of a dynamic team that values diversity and inclusion, providing you with opportunities for professional growth and development. If you are passionate about underwriting and eager to contribute to a forward-thinking organization, this is the perfect opportunity for you.

Benefits

Generous tuition reimbursement

Mentoring opportunities

Flexible work arrangements

Talent development initiatives

Networking groups

Qualifications

• 10-15 years of underwriting experience in Commercial Property.
• Expertise in underwriting Medium to Large Complex Risks.

Responsibilities

• Secure new and renewal business through marketing to producers.
• Review submissions and determine the degree of risk for each account.

Skills

Underwriting experience

Risk assessment

Communication skills

Team collaboration

Bilingual (English/French)

Education

Bachelor’s Degree

Advanced education/professional designations (CIP, FCIP, CRM)

Tools

Microsoft Office Suite

Job description

Title: Senior Underwriter, Commercial Property / Toronto

Company: Everest Insurance Company Of Canada

Job Category: Underwriting

Job Description:

Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in Europe, Bermuda, Canada, Singapore, the US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people.

Everest is a growth company offering Property, Casualty, and specialty products among others, through its various operating subsidiaries located in key markets around the world. Everest has been a global leader in reinsurance with a broad footprint, deep client relationships, underwriting excellence, responsive service, and customized solutions. Our insurance arm draws upon impressive global resources and financial strength to tailor each policy to meet the individual needs of our customers.

At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including:

• Generous tuition/continuing education reimbursement
• Mentoring opportunities
• Flexible work arrangements
• Talent development initiatives
• Networking groups

Everest Canada is building a dynamic Commercial Property team. We are seeking an experienced and technical Senior Underwriter with a passion for the industry to join our Commercial Property Unit in Canada. Working alongside the national underwriting team, you will see accounts from all over Canada. In this role, you will report to the Head of Commercial Property at Everest Canada in Toronto. This is a hybrid position with the requirement to be working out of the Toronto office.

At Everest, we hold ourselves accountable to advance diversity, equity, and inclusion in our people, our skills, and our ideas. We prioritize building a workforce that spans cultures, backgrounds, and experiences at every level. This is a priority we bring to life through the diverse representation of leaders and colleagues across Everest. We view this as a strength and believe that our work culture is significantly enhanced when diverse groups of people come together.

Responsibilities include but are not limited to:

• Marketing to producers to secure new and renewal business.
• Reviewing submissions, terms and conditions, statement of values, loss history, and catastrophic modeling, and conducting appropriate research to determine the degree of risk for each account based upon company guidelines and underwriting authority granted.
• Coordinating with varied business divisions including Actuarial, Claims, Reinsurance, Accounting, Marketing, Regulatory, and others internally that support our businesses.
• Determining quote or declination of risk. Calculating rates and premium charges using approved rating models.
• Developing and modifying policy wording in accordance with underwriting authority when the standard forms are not appropriate.
• Actively cross-sell afforded products and services.
• Supporting service standards in delivery of commercial property products and services.
• Working effectively with other integral members of your team. Mentoring junior underwriting members of the team.
• Active participation, leading, and involvement in special projects as assigned by senior management.
• Actively work on innovative solutions for clients/broking partners to differentiate Everest Canada’s offering to the industry.
• Participating, organizing, and leading industry conferences, panels, seminars to promote the Everest Commercial Property brand in the marketplace.

Qualifications, Education & Experience:

• Minimum 10-15 years of extensive underwriting experience in Commercial Property.
• Experience underwriting Medium to Large Complex Risks.
• In-depth underwriting expertise as it relates to solutions for:
• Large multinational clients.
• Wide variety of occupancies including but not limited to manufacturing, heavy manufacturing, and forestry clients.
• Independent operator with the ability to be an open-minded team player with a willingness to actively listen to comprehend unique circumstances that require practical and unique solutions to complex issues.
• Robust insured and broker interaction with the ability to effectively target current and prospective contacts to effectively promote offered products.
• Bachelor’s Degree with advanced education and/or professional designations including but not limited to CIP, FCIP, CRM preferred. Engineering degree and qualification is a plus.

Knowledge, Skills & Competencies:

• A person that demonstrates high integrity and embodies the cultural values of Everest.
• Excellent written and oral communication skills to work with both internal teams and external brokers as you will work in a team environment, assisting underwriters and/or deal administrators as part of their overall responsibility.
• Outstanding comprehension and work experience with Microsoft Office Suite.
• Bilingual (English/French) Skills are an asset.
• Excellent organizational, time-management, and multi-tasking skills.
• Willingness to travel (approximately 25% travel as necessary).

Our Culture:

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders, and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors.

Our Values are the guiding principles that inform our decisions, actions, and behaviors. They are an expression of our culture and an integral part of how we work: Talent, Thoughtful assumption of risk, Execution, Efficiency, Humility, Leadership, Collaboration, Diversity, Equity, and Inclusion.

Our Colleague Behaviors define how we operate and interact with each other no matter our location, level, or function: Respect everyone, Pursue better, Lead by example, Own our outcomes, Win together.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day-to-day interactions with fellow colleagues and the global communities we serve.

Type: Regular

Time Type: Full time

Primary Location: Toronto - Insurance Canada

Additional Locations: Everest Canada. Privacy Notice | Everest (everestglobal.com)