Senior Underwriter, Cyber and Tech E&O
4 weeks ago
Senior Underwriter, Cyber and Tech E&O page is loaded## Senior Underwriter, Cyber and Tech E&Olocations: Toronto, Canadatime type: Full timeposted on: Posted Yesterdayjob requisition id: R3110## As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: **our people**. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.## **Job Description****Join us as we expand our Canadian insurance business** **Help build the best underwriting team in Canada. Join an organization where our people have the opportunity to be their best and provide clients with innovative solutions to help support their growth.**We are seeking anexperienced underwriter at the **Senior Underwriter to join our Sompo Pro** Sompo Canadian team in our **Toronto, Ontario** office. This position will support our Canadian Domestic platform.**Job Summary:**As a **Cyber and Technology E&O Underwriter,** you will play a critical role in evaluating and analyzing Cyber Liability insurance risks for a wide range of clients in Canada. You will assess risk factors, determine coverage and pricing, and collaborate with other stakeholders to develop and implement underwriting strategies that align with the company's goals and guidelines.**Duties & Responsibilities:*** Review and analyze Cyber and Technology E&O 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.* Negotiate policy terms, conditions, and pricing with brokers and clients, while adhering to underwriting guidelines and profitability targets.* Monitor and manage existing book of business, including renewals, endorsements, and cancellations.* Stay up-to-date with market trends, industry developments, and regulatory changes to effectively assess risk exposures and determine appropriate coverage solutions.* Provide technical guidance and mentorship to junior underwriters, as needed.* Build, develop, and maintain strong relationships with brokers, clients, and other stakeholders to foster business growth and collaboration.* Mentor and guide more junior underwriters.* Assist with special projects, initiatives, and reporting requirements, as assigned.**Qualifications include:*** Bachelor’s Degree or relevant work experience.* Minimum experience for a Sr. Underwriter is 5+ years of Cyber and Technology E&O Underwriting and Risk assessment experience, preferably in the Canadian market.* Existing relationships with brokers/ agents throughout Canada is preferred* Professional designations, such as Chartered Insurance Professional (CIP), Fellow Chartered Insurance Professional (FCIP), CRM, would be an asset* Proficient in analyzing data, interpreting financial statements, and utilizing underwriting tools and software.* Strong negotiation & communication skills, both written and verbal, with the ability to interact effectively with clients, brokers, and internal stakeholders.* Ability to work independently and collaboratively in a fast-paced environment with changing priorities.* Knowledge of Canadian insurance regulations and market trends.* Ability to travel as required* French language is an assetThis job description outlines the general nature and level of work performed by individuals assigned to this position. It does not restrict the management's right to assign or reassign duties and responsibilities to this job at any time.Sompo offers a competitive salary, comprehensive benefits package, and opportunities for professional growth and development.**Sompo is an equal opportunity employer committed to a diverse workforce. M/F/D/V**Visit our website atlocations: Toronto, Canadatime type: Full timeposted on: Posted 18 Days Ago## We are Sompo, a global provider of commercial and consumer property, casualty, and specialty insurance and reinsurance. Building on the 130 years of innovation of our parent company, Sompo Holdings, Inc., Sompo employs approximately 9,500 people around the world who use their in-depth knowledge and expertise to help simplify and resolve your complex challenges. Because when you choose Sompo, you choose **The Ease of ExpertiseTM**.## ## “Sompo” refers to the brand under which Sompo International Holdings Ltd., a Bermuda-based holding company, together with its consolidated subsidiaries, operates its global property and casualty (re)insurance businesses. Sompo International Holdings Ltd. is an indirect wholly-owned subsidiary of Sompo Holdings, Inc., one of the leading property and casualty groups in the world with excellent financial strength as evidenced by ratings of A+ (Superior) from A.M. Best (XV size category) and A+ (Strong) from Standard & Poor’s. Shares of Sompo Holdings, Inc. are listed on the Tokyo Stock Exchange.## ## To learn more please follow us on or visit .#J-18808-Ljbffr
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