POSITION

SALARY

INDUSTRY

LOCATION

TYPE

REF #

Senior Underwriter

Open

Insurance

Toronto

Permanent

908004U

POSITION DESCRIPTION

  • Underwrites and prices complex new and existing property risks with average premiums of $250,000 .

  • General administration – including wordings, accounts reinsurance, mid-term alterations, endorsements , and data reports to clients and management.

  • Catastrophe modelling and interpretation of scenarios. Also sets up international programs and coordinates with other countries to service these programs.  Ability to work with complex rating tools and referral procedures.

  • Manages and achieves excellent working relationship with key brokers, risk managers and other clients.

  • Conducts Underwriting audits, join in surveys and site visits with loss control engineers.

  • coaching and mentoring of less experienced staff

 

REQUIREMENTS

  • Minimum 10 years related job experience in property insurance especially in the underwriting and handling of complex international, industrial and large commercial clients with average premiums of $250,000.

  • A good understanding of the property policy wordings including manuscript forms and the ability to make recommendations to amend and revise policy wordings.

  • In-depth knowledge and application of property underwriting, pricing , natural hazards modelling and risk analysis for both proportional and non-proportional accounts.

  • Ability to formulate renewal and new business strategies and to create and conduct presentations to peers, broker and clients.

  • Excellent computer literacy including advanced excel skills.  Some power point and experience with presentations.

  • Excellent interpersonal, negotiation and communication skills and the ability to build relations with clients and brokers as well as good analytical and numerical skills.

  • Fluent in both written and spoken English a mandatory requirement.  Knowledge of French an advantage.