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Underwriter P&C, 2684

Hannover Re

Toronto

On-site

CAD 70,000 - 100,000

Full time

8 days ago

Job summary

A leading reinsurance company is seeking a Treaty Reinsurance Underwriter to join their Toronto team. This role involves evaluating new and renewal treaty submissions, managing risk, and developing customized solutions. The ideal candidate will have at least 5 years of underwriting experience in the insurance field, a relevant degree, and strong negotiation skills. You will work in a collaborative environment, engaging with stakeholders to identify new business opportunities, while ensuring compliance with internal underwriting guidelines.

Qualifications

  • Minimum of 5 years of underwriting experience in the insurance or reinsurance industry.
  • Solid knowledge of the Canadian insurance marketplace.
  • Experience handling complex accounts and working in a team environment.

Responsibilities

  • Manage all underwriting related aspects of the assigned treaties.
  • Participate in the underwriting strategy and processes.
  • Calculate appropriate risk premium and analyze risk assessments.

Skills

Negotiation skills
Relationship management
Attention to detail
Communication skills
Teamwork

Education

Bachelor’s degree in finance, economics, international management, mathematics or related field

Tools

Microsoft Office
Underwriting/pricing tools

Job description

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Hannover Re - more than 3,500 employees at locations all over the world.

Our strength? Connecting Power : We rely on each other.

As a reinsurer, we protect customers in the event of a claim. This requires customised, innovative solutions. Solutions that worked yesterday may be outdated tomorrow. We challenge ourselves and continuously optimise our services, advice and products. All this makes us one of the leading and most profitable reinsurance groups in the world as well as a reliable employer.

You can look forward to

As a Treaty Reinsurance Underwriter you will be responsible for assisting the Property & Casualty Treaty team in Toronto with underwriting both renewal and new business treaty submissions, evaluating risks, and developing tailored reinsurance solutions for our clients.

  • Manage all underwriting related aspects of the assigned treaties which includes all internal and external communication with cedants, brokers, colleagues in Canada and Hannover
  • Participate in the underwriting strategy and processes, including evaluation of submissions, analyzing and interpreting exposures, determining coverage in Canada
  • Calculate appropriate risk premium, exercise discretion and independent judgment in the analysis and evaluation of risk assessments.
  • Negotiate within the limits of delegated authority and in accordance with internal guidelines, underwriting procedures and controls to achieve profile objectives.
  • Support the business planning and forecasting process.
  • Proactively engage with all stakeholders within the Group and build relationships with broker and clients with the objective of identifying new business opportunities.
  • Working collaboratively with in a team environment assisting all members of the team.

You come equipped with

Educational Background

  • Bachelor’s degree in finance, economics, international management, mathematics or a related field.

Experience & Qualifications

  • Minimum of 5 years of underwriting experience in the insurance or reinsurance industry.
  • Solid knowledge of the Canadian insurance marketplace.
  • Experience handling complex accounts and working in a team environment.
  • Excellent verbal and written communication skills in English; French proficiency is an asset.
  • Strong negotiation and relationship management skills.
  • High attention to detail and a strong work ethic.
  • Proficiency in Microsoft Office and underwriting / pricing tools.
  • Ability to work independently and manage multiple priorities in a fast-paced environment.

We are #somewhatdifferent – people with their own stories, experiences, and career paths. Everyone is welcome! Apply with just one click on the “Apply now” button and become part of our diverse team! We'd love to hear about your skills and experiences. No need to upload a photo – it won’t impact your application.

More on our work environment, your entry opportunities and development prospects can be found at www.hannover-re.com / en / career.

Seniority level

Seniority level

Mid-Senior level

Employment type

Employment type

Full-time

Job function

Job function

Finance and Sales

Insurance

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