Marine Cargo Underwriting Expert

7 days ago


Old Toronto, Ontario, Canada Groupassur Full time
About the Role

Groupassur is seeking a highly skilled Marine Cargo Senior Underwriter to join our team. As a key member of our Marine Cargo Team, you will play a crucial role in analyzing and underwriting risks, ensuring the quality of our underwriting decisions, and providing exceptional service to our brokers and clients.

Main Responsibilities

New Business

  • Develop and maintain strong relationships with brokers to negotiate and determine insurance rates, terms, and conditions.
  • Underwrite and service new business in accordance with our program guidelines, ensuring a high level of quality and accuracy.
  • Represent Groupassur at industry events and develop business relationships with brokers through marketing visits.

Renewals

  • Provide guidance and support to Junior Underwriters for negotiating and issuing renewals, ensuring a seamless and efficient process.
  • Collaborate with colleagues to identify current and future opportunities, and verify insurance policies, wordings, and standards.
  • Review and confirm underwriting standards to ensure they reflect contracts and meet program needs.

Endorsements

  • Provide guidance and support to Junior Underwriters for negotiating and issuing requested endorsements, ensuring a high level of quality and accuracy.
  • Approve cancellation of policies forwarded by Junior Underwriters, ensuring compliance with our underwriting standards.
Requirements

To be successful in this role, you will need:

  • 5 to 10 years of experience in Marine Cargo Insurance, with a strong understanding of risk analysis and underwriting principles.
  • An insurance diploma or equivalent is an asset.
  • Excellent analytical and decision-making skills, with the ability to synthesize complex information.
  • Strong communication and negotiation skills, with the ability to build and maintain relationships with brokers and clients.
  • A high level of adaptability and flexibility, with the ability to work in a fast-paced environment.
What We Offer

As a Marine Cargo Senior Underwriter with Groupassur, you will enjoy a competitive salary and benefits package, including:

  • Access to Group Insurance, Health Spending Account, and more.
  • Retirement program with employer contributions.
  • Wellness Account, Personal days, Birthday leave, Bonus program, and ongoing Courses Reimbursement Program.


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