Insurance Underwriting Strategy Lead
2 weeks ago
Location: Toronto Ontario Canada.
A key role has arisen for a Director of Underwriting to lead the underwriting strategy and drive profitability and growth in our commercial insurance team. p>
About Our Company
We are Impact Recruitment Ltd, a specialized insurance provider with over 100 years of experience serving local communities with dedication and expertise. We pride ourselves on innovation, professionalism, and customer satisfaction, earning us a reputation as a trusted partner in the insurance industry.
About the Opportunity
The Director of Underwriting will oversee a team managing large accounts, leveraging established broker connections to foster revenue growth while exploring new business avenues. Responsibilities include managing the department's profit and loss, developing pipelines to enhance revenue streams, handling performance management, day-to-day inquiries, recruitment, and compensation decisions.
About the Position
- Manage profit and loss for the underwriting department.
- Develop and build pipelines to enhance revenue streams.
- Handle performance management, day-to-day inquiries, recruitment, and compensation decisions.
- Adopt a strategic approach to people management and business development.
Requirements
- Minimum 10 years experience in Commercial P&C Underwriting, 5 years in leadership.
- Strong knowledge in commercial underwriting and established broker distribution network.
- In progress with or designated in CIP or CRM.
- Strong interpersonal, communication, and leadership skills.
- Excellent analytical and problem-solving abilities.
Compensation
- Competitive negotiable salary depending on experience plus annual target bonus.
- Health benefits plan, health spending account.
- Pension plan, RRSP match.
- Paid Vacation, personal days.
The estimated annual salary range is $180,000-$220,000 depending on experience.
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