Business Development Underwriter
3 days ago
We are seeking a seasoned Business Development Underwriter to join our Commercial Property and Casualty Team in Downtown Toronto. This role plays a critical part of our business retention and growth strategy, driving client satisfaction and loyalty through responsive and tactical underwriting solutions.
Key Responsibilities:- Maintain and grow a renewal book of business by soliciting renewals and generating new business opportunities with existing brokers.
- Analyze risk and place business by maintaining knowledge of carriers' underwriting guidelines, obtaining adequate underwriting information for quoting and binding, and reviewing coverage requirements, prices, and conditions.
- Negotiate prices, terms, and conditions with carriers, submit quality submissions, and provide consultation to brokers regarding differences between quotes and coverages.
- Bachelor's degree or equivalent combination of education and experience.
- Minimum 2 years of full-time underwriting experience, preferably with a Managing General Agent (MGA) background.
- CIP, CRM, or comparable designations; actively pursuing if not yet obtained.
- Hold a broker license (Level 1 or 2), or qualify for one within 90 days.
- Competitive base compensation and bonus plan.
- Comprehensive group benefit plan, including employer-paid continuing education, courses, and designations.
- Extensive internal training and development opportunities through Kaufman Institute.
- Many exciting opportunities for career advancement.
Estimated salary: $80,000 - $120,000 per year, depending on experience and qualifications.
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Toronto, Ontario, Canada Markel Canada Limited Full timeJob SummaryWe are seeking an experienced Business Development Underwriter to join our team in the Care Sector. This is a challenging and rewarding role that requires strong underwriting skills, excellent communication, and a passion for business development.
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