Senior Underwriter - Programs & Coverholders

Markel; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading insurance company in Toronto is seeking an experienced production underwriter to manage a profitable portfolio of program business. The role involves underwriting, risk selection, and establishing partnerships with broker clients. Candidates should have at least 5 years of experience in property and casualty underwriting and a university degree. This position offers a competitive salary and comprehensive benefits.

Benefits

Annual bonus potential

20 vacation days plus floater days

Comprehensive health and dental coverage

Opportunities for skill development

Qualifications

• 5+ years of property and casualty underwriting experience.
• Expertise in policy wordings, forms and applicable coverages.
• Strong business acumen and capable of representing the organization externally.

Responsibilities

• Underwrite and service a growing book of delegated underwriting portfolio business.
• Review and process changes to existing delegated programs.
• Participate in the Coverholder audit process.

Skills

Property and casualty underwriting experience

Bilingual (French and English)

Strong administrative skills

Excellent presentation skills

Superior relationship management skills

Detail-oriented

Education

University degree; CIP or FCIP designation

Tools

Excel

Job description

Overview

Reporting to the AVP, Programs & Coverholders this position is responsible for producing new business and maintaining a profitable portfolio of desirable program business through marketing, analysis, sales, service, and underwriting. We are looking for a production underwriter to underwrite and service a growing book of business, including risk selection, coverage negotiation and pricing adequacy on new and renewable business.

The Opportunity:

Reporting to the Assistant Vice President, Programs & Coverholders, this position is responsible for producing new business and maintaining a profitable portfolio of desirable program business through marketing, analysis, sales, service, and underwriting.

What you'll be doing

• underwrite and service a growing book of mainly delegated underwriting portfolio business, including risk selection, coverage negotiation, pricing adequacy and referrals all in accordance with designated underwriting authorities and company guidelines.
• Reviews and processes changes to existing delegated programs to maintain compliance with company underwriting philosophy.
• Participate in the Coverholder audit process.
• Co-ordinate with the Markel actuarial team for new business and renewal reviews.
• Identify, analyze and develop sources of new business; assists in developing marketing strategies for new or improved products.
• Partner with peers in other product lines to leverage new business opportunities.
• Establish and maintain superior business and service-oriented partnerships with Markel's broker clients through, regular and frequent attendance at client broker events and industry conferences.
• Maintain market intelligence, business insurance trends and industry knowledge.

Our must haves

• 5+ years’ property and casualty underwriting experience.
• Property, Casualty and Professional Lines experience an asset.
• University degree; CIP or FCIP designation.
• Bilingual; French and English an asset.
• Expertise and depth in policy wordings, forms and applicable coverages.
• Superior relationship management skills proven through established broker relationships and demonstrated track record of generating new business premium.
• Strong administrative skills, proficient in excel and highly detail oriented.
• Excellent presentation skills -- comfortable speaking in front of small and large groups.
• Excellent written and verbal communication skills.
• Ability to work independently and as a contributing team member.
• Ability to deliver results even when working to meet tight deadlines.
• Strong business acumen and capable of representing the organization externally.

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
• 20 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.

Our recruitment process utilizes artificial intelligence tools to assist with tasks such as initial resume screening, interview scheduling and candidate matching. While AI enhances our efficiency, human oversight remains integral to the final decision-making process to ensure fairness and mitigate potential biases.

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