Sr. Underwriter/Specialist, Surety Solutions

Tokio Marine Canada Ltd.; Toronto; Hybrid; CAD 60,000 - 100,000; Full time

Job summary

An entrepreneurial insurance company is seeking a Senior Underwriter/Specialist in Surety Solutions to join their dynamic team in Toronto. This role involves assessing risks, managing surety portfolios, and building relationships with brokers. Ideal candidates will have a collaborative mindset and a strong customer service orientation. The company offers a hybrid work model, fostering an inclusive culture focused on innovation and professional growth. This is a fantastic opportunity for those looking to make an impact in the insurance industry while enjoying flexibility in their work environment.

Benefits

Flexible Work Model

Professional Development Opportunities

Inclusive Culture

Community Support Programs

Qualifications

• 4+ years of experience in Surety underwriting.
• Strong organizational skills and attention to detail.
• Proficiency in risk assessment and financial analysis.

Responsibilities

• Assess new risks and review financial statements for surety opportunities.
• Build and maintain relationships with brokers and promote brand.
• Contribute to system improvements and assist with underwriting efforts.

Skills

Surety Underwriting

Risk Assessment

Financial Analysis

Communication Skills

Customer Service Orientation

Education

Bachelor’s Degree in Business

Tools

Microsoft Office Suite

Job description

Sr. Underwriter/Specialist, Surety Solutions

Join to apply for the Sr. Underwriter/Specialist, Surety Solutions role at Tokio Marine Canada Ltd.

Overview

Tokio Marine Canada (TMCAN), an entrepreneurial Canadian insurance company based in Toronto and part of the Tokio Marine Group, is seeking a Senior Underwriter/Specialist, Surety Solutions. We focus on the commercial Property and Casualty industry, partnering with brokers across Canada to provide diverse insurance solutions.

Our Purpose

We aim to foster an innovative, progressive, and prosperous Canadian society by supporting businesses in taking calculated risks. Tokio Marine Canada strives to be a trustworthy, ethical company committed to doing the right thing.

Position Summary

Reporting to business leaders and collaborating with peers, you will help develop and manage the surety business in Western Canada, working closely with the Tokio Marine Canada Surety team. Our goal is to assemble a top-tier team of professionals dedicated to excellence and innovation in our industry.

Key Responsibilities

1. Underwriting

• Assess new risks through detailed analysis for acceptability and pricing.
• Review financial statements, collateral, and character of surety opportunities.
• Approve or recommend approval/denial of bonds based on project reviews within authority limits.
• Manage and review existing surety portfolios, ensuring timely follow-up on action items.
• Contribute to system and process improvements for efficiency.
• Assist with underwriting efforts across regions as needed.
• Support marketing, legal, and claims functions when required.

Strategy & Broker Management

• Build and maintain relationships with select brokers.
• Develop and implement broker strategies with the surety team.
• Promote the Tokio Marine Canada brand in collaboration with other business units.
• Travel regionally for broker and industry events.

Candidate Profile

Ideal candidates are experienced surety underwriters with a collaborative mindset, positive attitude, and ability to adapt quickly. You should be proactive, detail-oriented, and capable of managing multiple priorities in a fast-paced environment. Strong communication skills and customer service orientation are essential.

Qualifications

• Bachelor’s Degree in Business or related field preferred.
• Minimum of 4 years’ experience in Surety underwriting.
• Excellent organizational skills and attention to detail.
• Ability to innovate and lead solutions efficiently.
• Proficiency in Microsoft Office Suite.
• Bilingual in English/French is preferred but not required.

What We Offer

Opportunities to impact business growth, collaborate across teams, and grow professionally. We foster an inclusive, dynamic culture focused on innovation, community support, and employee development. Our hybrid work model offers flexibility between office and remote work, with offices in Toronto and plans for expansion.

Additional Information

We are committed to diversity and accessibility, providing accommodations during the application process as needed.

Job Details

• Seniority Level: Mid-Senior level
• Employment Type: Full-time
• Job Function: Finance and Sales
• Industry: Insurance