Underwriter or Senior Underwriter - Financial Institutions / Toronto

Everest; Toronto; On-site; CAD 90,000 - 120,000; Full time

Job summary

A leading insurance firm located in Toronto is seeking a Senior Underwriter or AVP to manage a portfolio focused on Financial Institutions. The ideal candidate will have strong analytical and communication skills with a minimum of 7 years of experience in underwriting. This is a full-time position offering significant responsibilities in developing broker relationships and customizing insurance solutions.

Qualifications

• Minimum of 7 years of experience for AVP in Financial Institutions Underwriting or Broking.
• Minimum of 3 years for Senior Underwriter in Financial Institutions Underwriting or Broking.

Responsibilities

• Manage a portfolio of Financial Institutions coverage.
• Develop relationships with brokers and clients.
• Create customized insurance solutions.
• Perform underwriting processes and due diligence.
• Negotiate deal terms and contract language.
• Source new business opportunities.

Skills

Oral and written communication

Analytical skills

Problem-solving

Team-oriented

Relationship building

Education

Bachelor’s Degree

CFA or CPA

Job description

Senior Underwriter or AVP - Financial Institutions / Toronto

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Title :

Senior Underwriter or AVP - Financial Institutions / Toronto

Company :

Everest Insurance Company Of Canada

Job Category : Underwriting

Job Description :

Everest Insurance Company of Canada is seeking a highly motivated individual to join our Company in the position of Senior Underwriter or AVP, Financial Institutions. As a key member of the Financial Lines team, reporting to the Head of Financial Lines, you will be accountable for all facets of renewal and new business production for Everest’s growing insurance group.

Responsibilities include but not limited to :

• Growing and managing a portfolio of profitable business focused on providing Financial Institutions coverage (IMI, D&O, E&O, ancillary lines)
• Developing and cultivating new and existing broker and customer relationships nationally.
• Working with brokers and clients to create customized insurance solutions.
• Perform all aspects of the underwriting process and due diligence including review and analysis of underwriting documents, third party vendor reports, current trends and individual risk factors.
• Negotiate deal terms and contract language.
• Source new business opportunities through a strong broker and client network.
• Collaborating with other related financial lines segments along with regional colleagues and internal / external business associates.
• Provide exceptional broker and customer service pursuant to industry leading guidelines.
• Strong adherence to internal and external compliance as well as file documentation.
• Collaborate with underwriting, claims, operations, marketing, and home office to achieve collective team goals.

Qualifications, Education & Experience :

Bachelor’s Degree is preferred, or a College Diploma with applicable work experience.

Minimum of 7-years of experience for AVP in Financial Institutions Underwriting or Broking.

Minimum of 3-years for Senior Underwriter in Financial Institutions Underwriting or Broking.

CFA and / or CPA considered an asset.

Knowledge, Skills & Competencies :

Exceptional oral and written communication with the ability to concisely provide executive summaries to senior management.

Strong problem-solving analytical skills, with an ability to drive data analytics and make appropriate conclusions on results.

Team oriented and ability to work effectively with peers.

Demonstrated bias for action with a high sense of urgency, strong work ethic and drive for results.

Comfortable with analyzing Financial Institutions exposures across multiple types of FI’s (Banks, PE, Asset Managers, Insurance Carriers, Fin-Tech).

A strong individual as well as a team player, capable of building effective internal and external relationships through appealing personal skills.

What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture.

Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work : Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.

Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function : Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

Type : Regular

Time Type : Full time

Primary Location :

Toronto - Insurance Canada

Additional Locations :

Everest Canada. Privacy Notice | Everest (everestglobal.com)

Seniority level

Seniority level

Mid-Senior level

Employment type

Employment type

Full-time

Job function

Job function

Finance and Sales

Industries

Insurance

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