Commercial Insurance Senior Underwriter

1 month ago


Toronto ON, Canada Munich Re Full time

We care for humankind – and that starts with our people
Do you enjoy building relationships and working collaboratively in a team environment? As someone with excellent communication, technical and organizational skills, you will utilize exceptional interpersonal and influencing skills across all levels of the organization.
We’re looking for our next Senior Underwriter. Under the direction of the AVP of Munich Re Canada Facultative, the Senior Underwriter is responsible for the marketing and underwriting of complex property insurance, with an emphasis on construction, operational power, energy & mining. This role is based out of our Toronto office.
Independently underwrite and price moderate to highly complex business in accordance with corporate, divisional and department guidelines and philosophy.
• Underwrite new and renewal business, including all tasks associated with risk and coverage analysis and pricing, and provide recommendations for proposed terms within delegated underwriting authority.
• Review primary policy, contract and endorsement wording and ensure accuracy and conformance with guidelines
• Demonstrate and maintain enhanced technical product and underwriting expertise.
• Monitor profitability of assigned clients/accounts, developing strategies or action plans to propose corrective actions as needed.
• Lead departmental projects related to the development and implementation of underwriting strategy.
• Demonstrate proficiency in the use of pricing models, tools and other risk evaluation models
• Participate in peer reviews of team members’ accounts
So are YOU our next Senior Underwriter? CIP/FCIP/CRM designation or progression towards would be an asset.
• 5 to 7 years of experience underwriting property insurance preferably including construction, operational power, energy & mining.
• Solid grasp of commercial insurance products combined with good knowledge of the insurance industry.
• French language proficiency would be an asset.
• Strong collaboration and team building skills.
• Strong computer ability, specifically with MS Office Products .
• You will be exposed to challenging projects and development opportunities to grow your skills and career with both local and global colleagues and partners.
• A comprehensive total rewards financial program which includes extensive flexible benefits and pension.
• Accommodations will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please contact AODARequestHR@munichre.



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