Senior Underwriting Specialist, Strategic Accounts Ecclesiastical Insurance Canada · Toronto ·

Benefact Group plc; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

Ecclesiastical Insurance Canada, part of Benefact Group, seeks a Senior Underwriting Specialist in Toronto. This role involves leading risk assessments and developing customized underwriting strategies for strategic accounts. The position offers career growth in a purpose-led organization that values community engagement and employee well-being. You will also mentor junior underwriters and contribute to strategic initiatives.

Benefits

Flexible working program

Annual home and roam allowance

Defined contribution pension plan

Generous annual bonus program

Minimum of 3 weeks vacation plus paid days

Comprehensive employee benefits

Support towards professional designations

Personal development subsidy

Wellness perks including snacks

Engagement activities and team events

Qualifications

• Minimum 10 years of underwriting experience focused on strategic accounts.
• Proficiency in underwriting tools, risk modeling, and data analysis.
• Strong ethical standards and compliance with industry regulations.

Responsibilities

• Evaluate and underwrite large, complex risks within strategic accounts.
• Collaborate with teams to structure innovative solutions.
• Monitor portfolio performance and recommend underwriting adjustments.

Skills

Analytical skills

Negotiation skills

Decision-making

Communication

Relationship management

Education

University degree

Advanced insurance-related certifications (CIP)

Tools

Underwriting tools

Risk modeling

Data analysis platforms

Job description

Working hours: 37.5 hours per week, Monday to Friday

Duration: Permanent

Location: Toronto

About the role

Ecclesiastical Insurance Canada, who are proudly part of Benefact Group, are looking for a Senior Underwriting Specialist, Strategic Accounts to join our team in our Toronto office.

We are seeking a highly skilled and experienced Senior Underwriting Specialist to support our Strategic Accounts portfolio. In this role, you will lead complex risk assessments, develop customized underwriting strategies, and serve as a trusted advisor to key clients and internal stakeholders. Your deep industry knowledge and analytical acumen will help shape underwriting decisions that align with our business goals and client needs.

It's a role that will challenge and reward you in equal measure, offering an opportunity to flex your underwriting expertise in a forward-thinking organization that puts all available profits into worthy causes.

Joining our rapidly expanding and innovative Group presents a fantastic opportunity to develop your career and become an integral part of an inclusive, purpose-led organisation.

Key responsibilities

• Evaluate and underwrite large, complex, or unique risks within strategic accounts.
• Collaborate with account managers, actuaries, and legal teams to structure innovative solutions.
• Develop and maintain strong relationships with brokers, clients, and internal partners.
• Monitor portfolio performance and recommend adjustments to underwriting guidelines.
• Lead or contribute to strategic initiatives, including product development and process improvement.
• Mentor junior underwriters and contribute to knowledge-sharing across the team.

Knowledge, skills and experience

• A University degree, advanced insurance-related certifications like CIP or equivalent.
• Minimum 10 years of underwriting experience, with a focus on large or strategic accounts.
• Strong analytical, negotiation, and decision-making skills.
• Excellent communication and relationship management abilities.
• Proficiency in underwriting tools, risk modeling, and data analysis platforms.
• High ethical standards, adherence to industry regulations and guidelines, and the ability to handle sensitive information discreetly.
• Strong negotiation skills, adaptability to changing market conditions and underwriting guidelines, and ability to handle multiple underwriting files simultaneously.

What we offer

• A market competitive salary - let's discuss it
• Flexible working program
• Annual home and roam allowance to support commuting costs and home office supplies
• Defined contribution pension plan - up to 8% with no employee matching required and voluntary RRSP and TFSA programs
  
• Generous annual bonus program for all permanent full-time staff
• Minimum of 3 weeks vacation plus paid wellness, personal, volunteer and sick days
• Comprehensive employee group benefits, including health and dental coverage, income protection plans, life insurance, ADD insurance and an annual Health Care Spending Account
• Up to $200 for an annual personal grant to a charity of your choice
• Family and Employee Assistance Program, a discount and perks program as well as an annual fitness reimbursement
• Family friendly benefits including maternity/parental top-up payments
• Support towards professional designations
• Personal development subsidy covering courses of personal interests or hobbies
• Wellness perks such as daily fresh fruit, snacks and ice-cream days in the summer
• Engagement activities including regular lunch and learns, after-work get togethers and Lunch with Leaders program to name a few

About us

EcclesiasticalInsurance is a unique specialist insurance company that is deeply committed to protecting the needs of organizations that enrich the lives of others and to supporting initiatives that help improve the lives of those in need.

We insure some of Canada’s most historic and culturally significant places, as well as the arts, retirement living, education, charities, and faith organizations.

Benefact Group is a unique international financial services Group made up of over 30 businesses. We are owned by a charity and have been the 3rd largest UK corporate donor over a decade*, having given away £250 million since 2014. We have ambitious plans to become the UK’s number one corporate donor, with strategic objectives in place to double the Group’s size.

We believe it’s essential to attract, empower, grow and reward talented people, offering fantastic opportunities for career and personal development. Our giving ethos, 135-year history and the diversity of what we do, has enabled us to build a culture of kindness, great ambition, and of passionate people driven to do better and be better.

At Benefact Group, we are committed to creating an inclusive culture and building an environment where each and every one of us feels valued and respected. We are a community made up of people with a range of different backgrounds, abilities, perspectives, beliefs and interests and we value the strength this brings to us as a Group. We welcome applications from everyone.

If you need any additional support during the recruitment process, then please let us know.

*Directory of Social Change’s UK Guides to Company Giving 2017-26