Senior Underwriter, Commercial Property / Toronto

Title:

Senior Underwriter, Commercial Property / Toronto

Company:

Everest Insurance Company of Canada

Job Category:

Underwriting

Job Description:

Everest Group, a NYSE listed S&P 500, is a leading global reinsurance and insurance provider, operating for nearly 50 years, now in over 15 countries. Everest is a growth company with $14 Billion of Gross Written Premium Offering Property, Casualty and Specialty products. We have extensive product and distribution capabilities backed by a strong balance sheet which is evident in our Financial Agency Ratings of: A+ A. M. Best, A+ S&P Global and A1 Moody’s Investor Service.

We take pride in being known in the industry as nimble, entrepreneurial, and responsive. Our culture is innovative, we empower our employees to make business decisions within our risk framework at a local level.  

At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including:

•          Generous tuition/continuing education reimbursement

•          Mentoring opportunities

•          Flexible work arrangements

•          Talent development initiatives

•          Networking groups

Everest Canada is building a dynamic Commercial Property team.  We are seeking an experienced and technical Senior Underwriter with a passion for the industry to join our Commercial Property Unit in Canada.  Working alongside the national underwriting team you will see accounts from all over Canada. In this role you will report to the Head of Commercial Property at Everest Canada in Toronto. This is a hybrid position with the requirement to be working out of the Toronto office.

At Everest we hold ourselves accountable to advance diversity, equity, and inclusion in our people, our skills, and our ideas. We prioritize building a workforce that spans cultures, backgrounds, and experiences at every level. This is a priority we bring to life through the diverse representation of leaders and colleagues across Everest. We view this as a strength and believe that our work culture is significantly enhanced when diverse groups of people come together.

Responsibilities include but not limited to:

           

• Marketing to producers to secure new and renewal business.

• Reviewing of submissions, terms and conditions, statement of values, loss history and catastrophic modeling and conducting appropriate research to determine the degree of risk for each account based upon company Guidelines and underwriting authority granted.

• Coordinating with varied business divisions including Actuarial, Claims, Reinsurance, Accounting, Marketing, Regulatory and others internally that support our businesses.

• Determining quote or declination of risk. Calculating rates and premium charges using approved rating models.

• Developing and modifying policy wording in accordance with underwriting authority when the standard forms are not appropriate.

• Actively cross-sell afforded products and services.

• Supporting service standards in delivery of commercial property products and services.

• Working effectively with other integral members of your team. Mentoring junior underwriting members of the team.

• Active participation, leading and involvement in special projects as assigned by senior management.

• Actively work on innovative solutions for clients/broking partners to differentiate Everest Canada’s offering to the industry.

• Participating, organizing, and leading industry conferences, panels, seminars to promote the Everest Commercial Property brand in the marketplace.

Qualifications, Education & Experience:

• Minimum 10-15 years of extensive underwriting experience in Commercial Property.

• Experience underwriting Medium to Large Complex Risks.

• In-depth underwriting expertise as it relates to solutions for

  • Large multinational clients.

  • Wide variety of occupancies including but not limited to manufacturing, heavy manufacturing and forestry clients

• Independent operator with the ability to be an open-minded team player with a willingness to actively listen to comprehend unique circumstances that require practical and unique solutions to complex issues.

• Robust insured and broker interaction with the ability to effectively target current and prospective contacts to effectively promote offered products.

• Bachelor’s Degree with advanced education and / or professional designations including but not limited to CIP, FCIP, CRM preferred. Engineering degree and qualification is a plus.

Knowledge, Skills & Competencies: 

• A person that demonstrates high integrity and embodies the cultural values of Everest.

• Excellent written and oral communication skills to work with both internal teams and external brokers as you will work in a team environment, assisting underwriters and / or deal administrators as part of their overall responsibility.

• Outstanding comprehension and work experience with Microsoft Office Suite.

• Bilingual (English/ French) Skills are an asset.

• Excellent organizational, time-management and multi-tasking skills.

• Willingness to travel (approximately 25% travel as necessary)

#LI-RS1

#LI-Hybrid

Our Culture 

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. 

  

• Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.  

• Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.  

  

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.  

Type:

Regular

Time Type:

Full time

Primary Location:

Toronto - Insurance Canada

Additional Locations:

N/A