Underwriter/Senior Underwriter, Life Sciences

Chubb; Toronto; On-site; CAD 85,000 - 125,000; Full time

Job summary

Chubb Insurance Company of Canada in Toronto seeks a Life Sciences Underwriter to independently manage a renewal portfolio of Property, Casualty and E&O, while pursuing new business.

The role focuses on underwriting Life Sciences exposures, maintaining broker relationships, analyzing submissions, and contributing to revenue growth in a collaborative environment.

Qualifications

• University degree or equivalent work experience.
• 1–3 years underwriting or related experience.
• Experience underwriting Life Sciences exposures is an asset.
• Strong organization, time management and responsiveness.
• Excellent customer service and broker-facing skills.
• CIP or CRM designation or CIP/CRM courses are assets.

Responsibilities

• Underwrite Life Sciences liability, property and E&O exposures for middle market accounts.
• Analyze submissions and renewals, evaluate risk, and determine coverage and pricing.
• Manage renewal portfolio and new business pipeline.
• Develop relationships with brokers and insureds.
• Collaborate with team and monitor booking, retention, renewal accuracy.
• Stay current on market trends and regulatory changes to inform underwriting decisions.

Skills

Underwriting

Life Sciences

Broker management

Customer service

Time management

Education

University degree

Tools

CRM familiarity

Job description

Toronto, ON, Canada

Job Description

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

KEY OBJECTIVE:
As a key member of commercial underwriting department, you would be responsible for independently managing a Life Sciences renewal portfolio of Property, Casualty & E&O business while also producing some new business.

The Life Sciences Underwriter must develop book growth, maintain superior relationships, and will have accountability for overall financial performance of their portfolio. They will identify opportunities for growth within new and existing production sources, identify cross-selling opportunities, conduct broker planning/goal setting including monitoring of progress and make regular broker and insured visits.

MAJOR RESPONSIBILITIES:
Underwrite and assess Life Sciences liability, property and E&O exposures for middle market accounts.
Analyze submissions and renewals, evaluate risk exposures, and determine appropriate coverage and pricing.
Profitably manage an active renewal portfolio and new business pipeline of small to large sized accounts.
Contribute to differentiated Customer Retention and Sales results.
Develop and establish superior relationships with key brokers and insureds.
Collaborate with team members and contribute to an engaging work environment.
Monitor booking, retention, account rounding, and renewal change accuracy.
Contribute to projects as required to improve the business and continually develop personal skills.
Stay current on market trends, regulatory changes, and emerging risks to inform underwriting decisions.

Qualifications

Experience underwriting Life Sciences exposures is an asset.
Proven ability to solve problems independently and with success.
Strong organization and time management skills with the ability to follow-up independently.
Excellent customer service and sales skills; experience in dealing with brokers.
Completion of University degree and/or equivalent work experience.
A minimum of one to three (1-3) years of underwriting or other professional work experience.
High level of responsiveness and efficiency when working with stakeholders.
Ability to respond as a team player, in a multi-task environment.
Ability to effectively prioritize tasks.
High degree of technical knowledge attained in current job.
CIP or CRM designation or completed CIP/CRM courses considered an asset.

At Chubb we are committed to providing equal employment opportunities to all employees and applicants. It is our policy to provide equal employment opportunities to employees and applicants based on job-related qualifications and ability to perform a job. If you require an accommodation during the hiring process or upon hire, please inform Human Resources. If a selected applicant requests accommodation during the recruitment process, Chubb will consult with the applicant in order to provide suitable accommodation that takes into account the applicant’s accessibility needs.

Job Info

• Job Identification 37284
• Job Schedule Full time
• Regular or Temporary Regular
• Business Unit Canada
• Legal Employer Chubb Insurance Company of Canada