Senior Underwriter, Technology Practice

Berkley Canada, Inc.; Toronto; On-site; CAD 70,000 - 100,000; Full time

Job summary

Berkley Canada is seeking an Underwriter for its Technology Practice. This role focuses on underwriting Tech E&O/Cyber insurance for technology companies, requiring strong analytical skills and the ability to cultivate relationships with brokers across Canada. The ideal candidate will have a background in underwriting with a keen interest in technology.

Qualifications

• 3-5 years of experience as an underwriter.
• Bilingual in English and French is an asset.
• In-depth understanding of P&C and/or Tech E&O/Cyber.

Responsibilities

• Cultivate relationships with brokers supporting Technology business.
• Underwrite submissions with proper risk selection and policy construction.
• Negotiate deals with broker partners.

Skills

Communication

Negotiation

Time Management

Analytical Thinking

Team Collaboration

Education

Bachelor's degree

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.