Senior Underwriter - Cyber & Tech E&O

Markel Corporation; Toronto; Hybrid; CAD 80,000 - 100,000; Full time

Job summary

A leading insurance company is seeking a Senior Underwriter for their Cyber, Tech, and FinTech team in Toronto. This role involves underwriting new business, improving products, and building broker relationships. The ideal candidate will have extensive experience in Cyber and E&O insurance, strong analytical skills, and a customer-centric approach. The company offers a competitive salary, benefits, and opportunities for professional development in a dynamic environment.

Benefits

Annual bonus potential

15 vacation days plus additional floater days

Extended health and dental coverage

Life insurance

Travel insurance

Vision care

Wellness initiatives

Qualifications

• At least 5 years of Cyber, Tech E&O or Fintech insurance experience preferred.
• A high level of Cyber and/or E&O product and technical proficiency.

Responsibilities

• Underwriting new business and renewals in a profitable manner.
• Work with AVP Cyber to implement underwriting strategy.

Skills

Customer Service

Analytical

Problem Solving

Bilingual

Tools

Microsoft Office Suite

Job description

Senior Underwriter - Cyber & Tech E&O page is loaded

Senior Underwriter - Cyber & Tech E&O

Apply locations Toronto Ontario - CAN time type Full time posted on Posted 2 Days Ago job requisition id R0020667 Senior Underwriter in our Cyber, Tech and FinTech team based in Toronto.

We are looking for an experienced Underwriter or Senior Underwriter to join our Tech, Cyber and Fintech (TCF) team based in Toronto.

What part will you play? If you’re looking for a place where you can make a meaningful difference, you’ve found it. The work we do at Markel Canada gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realise our potential, we can help others reach theirs.

Join us and play your part in something special!

The opportunity:

As an Underwriter or Senior Underwriter in our Cyber, Tech and FinTech team based in Toronto, you will work closely with the AVP of Cyber and a dynamic team to help implement underwriting strategies, improve products, and build strong broker relationships across Canada. This role offers the opportunity to contribute to our innovative approach on true specialty products and support our global presence in Cyber and Technology, within an environment that supports and provides exceptional development opportunities that aims to maximise your potential. You will shine in this role if you’re customer-centric, analytical, agile and pursue a growth mindset.

Your role will involve underwriting new business and renewals in a profitable manner and according to authority level and established guidelines, and participate in special projects, designed to keep the team at the forefront of our customers that will have a true impact on our business. You will utilise underwriting tools to determine accurate classifications, rates, and premium charges. Understand relevant laws and regulation to properly transact business within Canada and other relevant territories. Be knowledgeable in coverage forms and policy language; appropriately applying coverage and exclusions.

About the team:

The TCF team is comprised of Technology, Cyber and Fintech insurance lines, which sits within the Professional & Financial Risks division of Markel Canada. The team will predominantly underwrite Cyber and Technology E&O, but will also handle Management Liability and Crime as part of Markel’s Fintech offering. We have a flexible and innovative approach to underwriting that ensures that we can provide continually evolving specialist products required by our customers.

What you'll be doing:

• Work with AVP Cyber, wider team, actuarial, and other parts of the business to implement the underwriting strategy on new and renewal business

• Support AVP Cyber on the performance of the portfolio and identify opportunities for growth and product improvements, including value added services
• Provide leadership and coaching, as appropriate, for junior underwriters to help with their development and ensure that their roles and responsibilities are delivered
• Attend regular broker and client meetings, working with distribution and broker channel leadership groups, in order to develop strong relationships with existing and new brokers
• Apply appropriate underwriting practices including authority and guidelines control
• Apply appropriate risk management practices including aggregations and guideline controls and any measures required to limit Markel’s exposure

What we're looking for:

• At least 5 years of Cyber, Tech E&O or Fintech insurance experience preferred
• A high level of Cyber and/or E&O product and technical proficiency
• Able to demonstrate experience and success in a customer service role with a business development focus and have a proven track record of delivery against new business and portfolio growth targets
• Excellent research, detail orientation and creative problem-solving skills
• Show a high level of competence in the use of data to robustly performance manage
• Advanced knowledge of Microsoft Office Suite
• Strong team player, able to contribute in a fast-paced, dynamic, and collaborative environment, who has developed junior team members
• Be self-starting and success-oriented individuals and have a desire to build a market leading business
• Up to 25% travel (when appropriate)
• Bilingual preferred

Reporting into AVP Cyber

Who we are:

Markel Group (NYSE – MKL) a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.

We’re all about people | We win together | We strive for better | We enjoy the everyday | We think further

What’s in it for you:

• A great starting salary plus annual bonus potential & strong benefits package
• 15 vacation days plus additional floater days per year
• Fantastic company RRSP, extended health and dental coverage, life insurance, travel insurance, vision care and wellness initiatives
• There are countless opportunities to learn new skills and develop in your career and we can provide the support needed to do just that!

Are you ready to play your part?

Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you.

Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.

We are a Disability Confident Committed employer, which means you'll have a positive experience applying for a role at Markel and are able to perform at your best. If there are any adjustments we can reasonably make to ensure that the process is accessible for you at every stage please let us know.
We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us to request any accommodations that may be needed.

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