Experienced Financial Lines Underwriter

9 hours ago


Toronto, Ontario, Canada Sompo Full time
{"title": "Financial Lines Underwriter", "content": "Role Summary

Sompo International is seeking an Experienced Financial Lines Underwriting Professional to join our Canadian team in Toronto, Ontario. As a key member of our underwriting team, you will play a critical role in evaluating and analyzing Financial Lines insurance risks for a wide range of clients in Canada.

Key Responsibilities
  • Review and analyze Financial Lines Insurance submissions and assess risk exposures.
  • Evaluate and analyze historical loss data, risk management practices, financials, and other relevant information to determine appropriate coverage terms, conditions, and pricing.
  • Collaborate with brokers and clients to provide risk management advice and develop comprehensive insurance programs that meet their needs.
  • Negotiate policy terms, conditions, and pricing with brokers and clients, while adhering to underwriting guidelines and profitability targets.
  • Underwrite new and renewal book of business.
  • Stay up-to-date with market trends, industry developments, and regulatory changes to effectively assess risk exposures and determine appropriate coverage solutions.
Requirements
  • Bachelor's Degree or relevant work experience.
  • 5+ years of financial lines underwriting experience, preferably in the Canadian market.
  • Strong knowledge of Financial Lines insurance products, coverages, underwriting guidelines, and risk assessment techniques. Professional designations, such as Chartered Insurance Professional (CIP), Fellow Chartered Insurance Professional (FCIP), CRM, would be an asset.
  • Excellent communication skills, both written and verbal, with the ability to interact effectively with clients, brokers, and internal stakeholders.
  • Demonstrated ability to mentor and provide guidance to more junior underwriters.
  • Knowledge of Canadian insurance regulations and market trends.
  • Ability to travel as required.
  • French language is an asset.
About Sompo International

Sompo International is a leading global provider of insurance and reinsurance. We recognize that our success is derived directly from those who matter most: our people. Our culture is defined by a shared commitment to integrity, teamwork, agility, execution, and excellence.

We offer a competitive salary, comprehensive benefits package, and opportunities for professional growth and development. If you are a motivated and experienced underwriter looking to join a dynamic team, please submit your application.

", "lang_code": "en-US"}

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