Cyber Underwriter - 8205 - IW-8205

Date of modification: October 15, 2021


Job number: IW-8205

Detail

Job title: Cyber Underwriter - 8205

Location: Montreal, Toronto, Vancouver

Description

Unique opportunity to lead one of Canada’s largest Cyber Insurance departments and be part of the top 3 Global Cyber Insurance Companies. This is a market facing cyber role with the support of an international team of cyber underwriters with a focus on large complex risks.

Title: Cyber Underwriter

Location: Downtown Toronto (Work from Home flexibility post Covid)

Responsibilities:

Underwriting

  • Develop and underwrite a profitable portfolio of Cyber & Technology business
  • Structure tailor-made solutions and using underwriting knowledge and experience to win new business and retain existing.
  • Monitor premiums, costs and claims ratios per contract and take corrective measures if necessary to ensure long term profitability at account level.
  • Evaluate appropriate risk premium by considering the risk costs, reinsurance cessions, capital exposure as well as the underwriting and general administration costs to ensure profitability, using rating models as applicable.
  • Monitor peer underwriters in their daily work to ensure profitability as well as efficient and cost effective administration of the Cyber & Technology account.
  • Monitor and supervise assistants in their daily work to ensure compliance with underwriting philosophy and policy and consistency within the team and Cyber & Executive Risks.
  • Comply with underwriting control standards for business
  • Advise, assist and service clients on insurance and risk matters
  • Foster positive relationships with clients
  • Maintenance of good business relationships with brokers.
  • Maintain awareness of overall product range and take advantages of opportunities to introduce other products to clients.
  • Leverage networking opportunities within the business to develop standardised underwriting policy.
  • Develop best practice and disseminate business and class knowledge within the Cyber & Technology team.
  • Work with peers to maximise business opportunities and profitability within the department. 
  • Share and gather knowledge to ensure dissemination of best practice and maximise business opportunities and profitability across the Group.
  • Production of presentations and marketing literature as required.
  • Production of business plans/research documents for the Cyber & Technology account as required.

Qualifications:

  • Post-secondary education
  • Mid-market / Large Cyber Underwriting Experience required
  • Strong knowledge of the Canadian market
  • Advanced knowledge of underwriting policy, philosophy, and practice
  • Strong communicator both verbal and written
  • Ability to manage time, meet deadlines and prioritize
  • Results focused, self-motivated, flexible and enthusiastic

Compensation: Competitive salary, benefits, RRSP and generous bonus

DGA Careers has been proudly serving the Canadian insurance industry for over 30 years, specializing in providing insurance recruiting services to major insurers, insurance brokerage firms and independent adjusting firms. With offices in Toronto, Vancouver, Montreal, Edmonton, and Calgary, DGA Careers is well positioned to conduct searches with a national scope. Our unrivalled professional network across Canada provides us with the ability to reach vital key influencers and passive candidates nationally.

Interested candidates please contact Maurice Reichberg at 416-868-6711 x.232 or forward your resume in confidence to maurice@dgacareers.com. If you are working with another DGA recruiter, feel free to ask them about this position.

Information

  • City: Toronto
  • Market segment: Commercial Insurance
  • Job Type: Full-Time
  • Education: Post Secondary Education
  • Expertise: Underwriting
  • Minimum experience required: 7 to 10 Years

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