Senior Underwriter, Professional Liability

Chubb; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A global insurance leader in Toronto is seeking an Underwriter to manage renewal of Miscellaneous Professional Liability and develop new business opportunities. Candidates should have at least 5 years of underwriting experience, particularly in Professional Liability, and possess exceptional communication and negotiation skills. This role is critical for growth and profitability in a dynamic environment.

Qualifications

• 5+ years of previous underwriting experience required.
• Professional Liability experience is essential.

Responsibilities

• Manage a book of renewal Miscellaneous Professional Liability and develop new business.
• Conduct broker meetings and training presentations regularly.
• Collaborate with team members to achieve customer satisfaction.

Skills

Exceptional oral and written communication skills

Analytical ability to evaluate risks

Proven negotiation skills

Creativity to develop new opportunities

Ability to work independently and in a team

Ability to handle multi-task environment

Education

University level curriculum or equivalent work experience

Job description

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

KEY OBJECTIVE

As a key member of the Financial Lines underwriting department, you will have the role of managing a book of renewal Miscellaneous Professional Liability, Media, Employed Lawyers, Primary & Excess business, as well as developing and growing new business opportunities. As such you will play a critical role in the growth and profitability initiatives for this large specialty department.

MAJOR RESPONSIBILITIES

• Risk selection, coverage negotiation and pricing adequacy on renewal business, as well as managing key broker relationships.
• Identifying, analyzing, and developing sources of new Professional Liability business opportunities, commensurate with Chubb’s appetite and underwriting guidelines.
• Developing and establishing relationships with key local brokers and clients, including conducting broker meetings and training presentations on a regularly scheduled basis to ensure department goals and objectives are met.
• Providing technical leadership for underwriting/marketing of Professional Liability business on a national basis.
• Providing technical input in policy form development.
• Collaborating with team members to achieve customer satisfaction, profit, and goals.
• Interacting with senior management and product management on a regular basis for general underwriting direction and business strategy.
• Participating in self-development activities to improve or further develop knowledge of underwriting Professional Liability.
• Proactively drive the expansion of the book of business while identifying and pursuing new avenues for growth is essential.
  

Qualifications

• Successful completion of a university level curriculum and/or equivalent work experience.
• Minimum of 5 years of previous underwriting experience required.
• Professional Liability experience required.
• Exceptional oral and written communication skills.
• Analytical ability to evaluate risks according to corporate underwriting guidelines.
• Proven negotiation skills, gained through established broker/client relationships.
• Ability to be innovative and creative to develop new opportunities.
• Demonstrated ability to work well independently, as well as in a team environment.
• Ability to respond as a team player, in a fast-paced multi-task environment.

At Chubb 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, Chubb will consult with the applicant in order to provide suitable accommodation that takes into account the applicant’s accessibility needs.