Senior Market Underwriter #8318 - IW-8318

Date of modification: October 8, 2021


Job number: IW-8318

Detail

Job title: Senior Market Underwriter #8318

Location: Toronto

Description

Senior Market Underwriter 

Based in Toronto

Candidates with a reinsurance background with a reinsurer, insurer or reinsurance broker 

may want to explore this role 

Treaty Experience would be an asset

 


About the Role

Our client looking for a pro-active, highly motivated and result oriented Senior Market Underwriter. You will be responsible for high quality underwriting, portfolio and client management – as well as servcing the clients' annual renewal business in P&C Lines of Business.

Interfacing with brokers and clients on strategic, financial and technical topics, building long term relationships. With an entrepreneurial mindset, you will identify and originate new opportunities to support your clients, differentiating the company and delivering the full value of the organization.

 

Responsibilities:

  • Develop and champion client relations across the full range from expert to senior management levels (incl. C-suite interaction)
  • Identify opportunities with existing and new clients to grow the business and develop bespoke reinsurance deals in conjunction with relevant specialists
  • Perform end-to-end underwriting analysis for proportional and non-proportional treaty business, including pricing, contracts review and basic structuring
  • Evaluate and assess risks in accordance with company guidelines and standards, make underwriting decisions within respective authority level
  • Negotiate annual renewal and new business, apply consultative sales techniques to identify clients' needs and deploy services as applicable
  • Build, maintain and further develop a strong internal and external network, including relationships with clients, brokers and industry associations
  • Gather and internally share market intelligence (trends in buying behaviors and competitors undertakings); attend conferences and market events
  • Anticipate and analyze future industry, economic and legal trends; transfer know-how, coach and train colleagues in areas of own expertise
  • Help to maintain a sustainable portfolio and enforce a portfolio steering culture by contributing to efficiently write profitable business

 

About you

  • Bachelor's degree or equivalent
  • 8-10 years of experience in the (re)insurance industry, of which 3 in an underwriting role (preferably treaty underwriting)
  • Understanding of the end-to-end reinsurance value chain and relevant market knowledge (e.g. trends, competitors, capital markets context)
  • Experience in the casualty line of business would be considered an asset
  • Solid quantitative/analytical skills, underwriting judgement and experience with risk selection/evaluation as well as a flair for wording and costing issues
  • Client focused (understand needs and act on them), strong communication skills (comfortable to engage with clients' and brokers' C-suite)
  • Advanced consultancy skills (listen, ask right questions and "connect the dots"), coupled with financial acumen and relevant corporate finance knowledge
  • Strong negotiation and sales skills, ability to successfully handle conflicts, at ease with leaving the comfort zone and to navigate ambiguity
  • Entrepreneurial mindset (sense of urgency, cost consciousness and personal risk taking), committed to sustainable performance and continuous improvement
  • Excellent organizational/project management skills, ability to manage peak period workloads (seasonality)
  • Ability to work independently as well as to collaborate in a team environment
  • Comfortable to work in a fast-paced environment and to adapt to change
  • Creative thinking capability and a problem-solving mindset
  • Network within Canadian insurance industry is a plus
  • Languages: Fluency in English. French is a plus

 

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 Antonella Leone at 647-624-9609 or forward your resume in confidence to antonella@dgacareers.com. If you are working with another DGA recruiter, feel free to ask them about this position.

Information

  • City: Toronto
  • Market segment: Insurance
  • Job Type: Full-Time
  • Education: ACAS, ACAS Partial Completion, CIP, FCIP
  • Expertise: Underwriting , Actuarial , Underwriting - Property/Casualty
  • Minimum experience required: 7 to 10 Years

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