Underwriting Specialist, Commercial Lines

Sovereign; Toronto; Hybrid; CAD 105,000 - 155,000; Full time

Benefits offered by this job

Competitive salary

Variable compensation

Benefits and pension

Hybrid work model

Professional development

Job summary

Sovereign Insurance in Toronto, ON, is seeking a seasoned Commercial Underwriter to join our Central Commercial UW team. You will analyze risks, underwrite new business, and enhance broker partnerships while delivering exceptional service.

Ideal candidates have 10+ years in commercial underwriting, construction and manufacturing underwriting expertise, CIP designation (asset), and strong leadership to mentor others and manage a profitable portfolio.

Qualifications

• 10+ years of Commercial Underwriting experience with proven underwriter of new business.
• Expertise in Construction and Manufacturing underwriting.
• Experience building lasting relationships with broker partners.
• CIP designation is an asset.

Responsibilities

• Manage and grow a profitable portfolio with new business, renewals, and endorsements.
• Develop relationships with partners by marketing Sovereign’s value proposition.
• Negotiate coverages and rates and participate in underwriting audits.
• Provide guidance and mentoring to less experienced staff.
• Deliver excellent client service to brokers and internal stakeholders.

Skills

Commercial underwriting

Construction underwriting

Manufacturing underwriting

Broker relationships

Education

Chartered Insurance Professional CIP designation

Job description

Requisition Number: UWSPE006281

• Posted : October 8, 2026
• Full-Time

Locations

Showing 1 location

Toronto, ON, CAN

Description

Company: Sovereign Insurance
Department: Central Commercial UW
Employment Type: Regular Full-Time
Work Model: Hybrid (2 days in office)
Language: This role operates in English.

The Opportunity:

At Sovereign Insurance, a wholly owned subsidiary of The Co-operators General Insurance Company, we believe leadership is shaped by purpose, collaboration, and meaningful contribution. When you grow, we grow — your success crowns ours.

We value diverse perspectives, bold ideas, and people who lift others up. Here, your initiative matters, and your efforts help build the resilience of the Canadian businesses and communities we serve.

That shared commitment strengthens our culture and moves us forward — together.

That’s the Crown Effect. Let’s make it reign.

The Sovereign General Insurance Company is looking for a dynamic individual to join our Commercial Underwriting Team. The successful candidate will be adept at analyzing risks and providing creative solutions to brokers. The ideal candidates will have the ability to influence and inspire others through their enthusiasm and provide exceptional customer service to our broker force.

How you will create impact :

• Managing and growing a profitable portfolio, with accountability for new business, renewal retention and endorsements, aligned to our target appetite and growthobjectives.
• Maintaining and developing new relationships with partners by marketing Sovereign’s unique value proposition and capitalizing on opportunities forviableinsurance solution expansion. This includes attending client meetings, delivering presentations or workshops, and engaging and connecting relevant internal stakeholders.
• Negotiating coverage and rates and participating in underwriting audits.
• Completing necessary documentation in support of the business you handle.
• Developing and maintaining positive constructive relationships with brokers.
• Promoting a team-oriented approach to meeting corporate and department goals and objectives; including written premium and profitability objectives.
• Providing guidance, training and mentoring to less experienced staff.

How you will succeed :

• You thrive on delivering our exceptional client experience through positive and engaging relationships; embracing accountability to achieve effective results.
• You ensure your day-to-day actions are in harmony with the company’s purpose, vision, and values even when challenged.
• You will support and guide others through changing conditions and encourage the exploration of new opportunities or innovations.
• You value and encourage others to have cooperative and collaborative dialogue because diverse perspectives offer more creative and productive solutions.

To join our team :

• You have 10+ years of Commercial Underwriting experience with proven experience underwriting new business.
• Expertise in Construction and Manufacturing underwriting.
• Having Chartered Insurance Professional (CIP) designation an asset.
• You have proven experience building lasting relationships with broker partners.
• Strong analytical skills with an understanding of specific metrics to support effective portfolio management analysis.
• Proven project and change management skills with the ability to deliver on deadlines and adapt to changing priorities.

What you need to know :

• Detail oriented work that requires a high degree of mental concentration for extended periods of time.
• You will be subject to a background check as a condition of employment, in the event you are the successful candidate.
• This position will operate on a hybrid work posture which will require an in-office presence of at least twice a week.

What’s in it for you?

• Room to grow with confidence — build your career, contribute your ideas, and see the impact of your work.
• A culture that values you — inclusive, collaborative, and respectful, where different perspectives are encouraged and heard.
• Rewards that recognize you and the work you do - competitive salary and variable compensation, benefits and pension, paid time off, development and recognition programs.
• Support for your well-being — a holistic approach to physical, mental, social, and financial wellness.
• Pride in purpose — being part of a Canadian organization dedicated to protecting Canadian businesses and the communities they serve while giving back through volunteering, donations, and national initiatives that help build a more sustainable future.

Expected salary/hourly range $104,717- $154,700+

The salary amount for the successful candidate is determined by Sovereign in its discretion and will vary depending on several criteria including but not limited to: local market conditions, geography and relevant job-related factors such as knowledge, skills, qualification, experience and education.

Employees may also have the opportunity to participate in incentive programs and earn additional compensation tied to individual and/or business performance, or other business metrics.