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Senior Underwriter - Play

Markel

Toronto

On-site

CAD 80,000 - 120,000

Full time

9 days ago

Job summary

A leading global insurance company is seeking an experienced underwriter in Toronto, Ontario, to manage a growing portfolio in property and casualty insurance. The ideal candidate will possess over 5 years of experience, strong relationship management skills, and a background in underwriting complex risks. This is a fantastic opportunity to join a Fortune 500 company with competitive salary and extensive benefits.

Benefits

Competitive salary and annual bonus potential
Generous vacation policy
Extensive health and wellness programs

Qualifications

  • 5+ years of property and casualty underwriting experience.
  • Experience in complex risk underwriting across various P&C lines.
  • Strong relationship management skills and a record of generating new business.

Responsibilities

  • Underwrite and service a growing book of business.
  • Support the development and maintenance of a profitable portfolio.
  • Identify and develop new business sources.

Skills

Relationship management
Communication skills
Business acumen

Education

University degree
CIP or FCIP designation

Job description

Reporting to the AVP Play (Sport, Rec), this position is responsible for underwriting the relevant line of business within agreed business plan parameters, and in line with underwriting authority, to achieve targeted combined ratios. The role involves developing and maintaining a profitable portfolio through marketing, analysis, sales, service, and underwriting.

We seek an individual to underwrite and service a growing book of business, including risk selection, coverage negotiation, and pricing on new and renewal business.

The Opportunity:

Reporting to the Assistant Vice President, Markel PLAY, this position supports the development and maintenance of a profitable portfolio through marketing, analysis, sales, service, and underwriting.

What you'll be doing:

  • Support the development and maintenance of a profitable portfolio of desirable business.
  • Underwrite and service a growing book of business, including risk selection, coverage negotiation, and pricing, in accordance with underwriting authorities and company guidelines.
  • Review and process changes on existing accounts to ensure compliance with policy conditions and underwriting philosophy.
  • Identify and develop new business sources; assist in marketing strategies for new or improved products.
  • Collaborate with peers across product lines to leverage multi-line opportunities.
  • Build and maintain strong relationships with broker clients through regular engagement at industry events and conferences.
  • Mentor junior team members on underwriting, marketing, and servicing techniques.
  • Maintain industry knowledge, market intelligence, and trends.

Our must-haves:

  • 5+ years of property and casualty underwriting experience.
  • Experience in complex risk underwriting across various P&C lines, with preferred experience in Sport and Recreation.
  • Proven success in underwriting large to multinational corporations, including Property, Casualty, and Excess lines.
  • University degree; CIP or FCIP designation preferred.
  • Expertise in policy wordings, forms, and coverages.
  • Strong relationship management skills and a record of generating new business.
  • Excellent communication, presentation, and administrative skills.
  • Ability to work independently and as part of a team under tight deadlines.
  • Strong business acumen and external representation skills.

Who we are:

Markel Group (NYSE – MKL), a Fortune 500 company, operates globally with over 60 offices in 20+ countries, specializing in insurance, reinsurance, advisory, and investment services.

What’s in it for you:

  • Competitive salary, annual bonus potential, and comprehensive benefits.
  • Generous vacation policy and additional leave days.
  • Extensive health, dental, life, travel insurance, and wellness programs.
  • Opportunities for professional growth and skill development.

Are you ready to play your part?

Apply now to join our team. Markel values diversity and is committed to providing accommodations for applicants with disabilities throughout the hiring process.

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