Senior Underwriter, Technology Practice

Berkley Canada, Inc.; Toronto; On-site; CAD 125,000 - 150,000; Full time

Job summary

A leading boutique commercial insurer is seeking an Underwriter to join their Technology Practice in Toronto. This role focuses on underwriting Tech E&O/Cyber and requires cultivating relationships with brokers, generating new business, and managing existing accounts. Ideal candidates will have 3-5 years of underwriting experience and the ability to negotiate effectively. This is a unique opportunity for growth in a collaborative environment.

Qualifications

• Minimum 3-5 years of experience as an underwriter.
• Bilingual (English and French) is an asset.
• CIP / CRM or equivalent designation is an asset.
• In-depth understanding of P&C and/or Tech E&O/Cyber is an asset.

Responsibilities

• Cultivate relationships with brokers supporting Technology business.
• Prospect business and generate submission flow.
• Underwrite submissions ensuring proper risk selection.
• Negotiate deals with broker partners.
• Manage and grow an existing book of business.
• Collaborate with other departments on new business.

Skills

Analytical skills

Negotiation abilities

Team player

Time management

Strong oral communication

Strong written communication

Education

Bachelor's degree or equivalent experience

Job description

Company Details

Why Berkley? Berkley Canada is a boutique commercial insurer that delivers exceptional expertise and service to our broker partners and insureds. Our mission is to be the best for our employees, customers and shareholders. By being the best, we mean generating better experiences and better outcomes for these three stakeholders. We think outside the box, are always innovating and creating value.

Responsibilities

Position Summary :

The Technology Practice at Berkley is responsible for underwriting Tech E&O / Cyber, General Liability and Property Insurance for Technology companies. This position is critical to the successful execution of the business unit’s strategic plan and is an opportunity to take an underwriting career to the next level. It requires someone who is analytical, creative and personable. Focusing on producing new business, in this market facing role you will be responsible for cultivating relationships with key Technology brokers across Canada.

What will your typical day look like?

• Cultivate meaningful relationships with brokers supporting Technology business with a focus on providing superior service, adding value, and differentiating Berkley among it’s competitors
• Prospect business and generate desirable new submission flow
• Underwrite submissions ensuring proper risk selection, policy construction and pricing
• Negotiate deals with broker partners independently and seek support where required
• Manage and grow an existing book of business by balancing retention, rate, capacity expansion and cross sale
• Collaborate with other departments on new and existing business, ensuring we provide a seamless experience across the company
• Stay up-to-date on underwriting guidelines and strategies. Adhere to your letter of authority and escalate any items outside of it
• Assist in the development of strategic plans for the Technology team and execute on those objectives
• Stay informed and up-to-date on any changes, trends, and industry developments that may impact the Technology practice, including attending industry events
• Embody and promote Berkley Canada’s collaborative and innovative culture to ensure professional success individually and for the team
• Perform other duties as assigned

You will also have the chance to…

Build relationship and network to support your professional growth and success

Collaborate with colleagues on developmental projects

Expand your skills through collaboration with and training from our experts

Build relationships and networks to support your professional growth and success

Qualifications

Requirements :

Minimum 3-5 years of experience as an underwriter

Bachelor's degree or equivalent experience

Bilingual (English and French) an asset

In-depth understanding of P&C and / or Tech E&O / Cyber an asset

CIP / CRM or equivalent designation an asset

Keen interest in pursuing an underwriting career focused on Technology companies

Track record of meeting deadlines and working with a sense of urgency and ownership

Effective time management skills

Strong oral and written communication skills as well as negotiation abilities

Team player with a willingness to think outside the box

Thank you for considering Berkley Canada!

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or any other legally protected basis, in accordance with applicable law.

J-18808-Ljbffr