Commercial Underwriter

APRIL

$80K — $95K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in Commercial Underwriting
  • Strong knowledge in Realty, Manufacturing, Construction, Professional Lines, Property & Casualty, or Transportation
  • Excellent analytical and decision-making skills
  • Strong communication and relationship-building abilities
  • Proficient in Microsoft Outlook, Word, and Excel
  • Excellent written and verbal communication skills in English

Responsibilities

  • Underwrite new business as per insurer guidelines
  • Review submissions to assess risk acceptability
  • Prepare and deliver quotations and policy endorsements
  • Evaluate coverage requirements and recommend insurance solutions
  • Build and maintain relationships with broker partners
  • Respond promptly to broker inquiries with professional service
  • Identify opportunities to develop new business and strengthen broker relationships
  • Maintain accurate underwriting documentation and records

Benefits

  • Opportunities to deepen technical knowledge
  • Exercise underwriting judgment
  • Become a recognized expert in the field
  • Make a meaningful impact on brokers' success
  • Work within a broad range of insurance specialty markets
Full Job Description
As a Commercial Underwriter, you'll work closely with brokers across Ontario, helping them find solutions for complex and specialized risks. You'll have the opportunity to deepen your technical knowledge, exercise your underwriting judgment and become a recognized expert in your field, all while making a meaningful impact on our brokers' success.

If you're naturally curious, relationship-driven and motivated by finding the right solution for every client, we'd love to hear from you.

We develop and distribute a broad range of insurance products for individuals and businesses across Canada. Our specialty markets include:
• Construction and Contractors
• Realty
• Vacant Dwellings
• Manufacturing & Wholesaling Liability
• Professional Liability (E&O)
• Personal and Commercial Automobile
• Freight Transportation
• Motor Truck Cargo
• Cyber
• Student Housing
• Pleasure Marine and Commercial Marine

Key Responsibilities
• Underwrite new business in accordance with insurer guidelines and delegated authority levels
• Review and analyze submissions to assess risk acceptability
• Prepare and deliver quotations, renewal proposals, and policy endorsements
• Evaluate coverage requirements and recommend appropriate insurance solutions
• Build and maintain strong relationships with broker partners
• Respond promptly to broker inquiries by phone and email, delivering professional and responsive service
• Identify opportunities to develop new business and strengthen existing broker relationships
• Maintain accurate underwriting documentation and records

Required Qualifications
• Minimum 5 years of Commercial Underwriting experience
• Strong knowledge in one or more of the following areas:
o Realty
o Manufacturing & Wholesaling
o Construction
o Professional Lines (Miscellaneous E&O and/or Medical Malpractice)
o Property & Casualty
o Transportation
• Excellent analytical and decision-making skills
• Strong communication and relationship-building abilities
• Proficiency with Microsoft Outlook, Word, and Excel
• Excellent written and verbal communication skills in English

Preferred Qualifications
• Experience working with Lloyd's markets
• CIP designation completed or in progress
• Experience in a wholesale brokerage environment

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