TD Bank

Manager, Commercial Auto Underwriting

TD Bank • $94K — $132K *
Markham, ON L3R 0G6In-Person
Finance & Insurance
5 - 7 years of experience
Reposted 4 days ago
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 7+ years of General Insurance experience
  • CIP, FCIP, CRM, or equivalent insurance designation (or actively pursuing one)
  • Knowledge in Commercial Automobile Insurance underwriting, including wordings and endorsements
  • Experience with developing and maintaining underwriting manuals for Commercial Insurance
  • Experience with provincial regulatory underwriting filings for regulators
  • Strong critical thinking, analytical, and problem-solving skills
  • Excellent communication skills, both written and verbal, with proficiency in English; French is a plus.

Responsibilities

  • Develop understanding of regulatory requirements and propose insurance contract changes for Commercial Automobile Products
  • Act as Subject Matter Expert for small business underwriting inquiries
  • Design new underwriting rules to meet business objectives
  • Lead management and refinement of small business underwriting strategy and rules
  • Analyze performance and provide recommendations based on business drivers
  • Collaborate with stakeholders on underwriting strategy discussions
  • Support development of training materials related to insurance contracts.

Benefits

  • Comprehensive health and well-being benefits
  • Savings and retirement programs
  • Paid time off and banking benefits
  • Access to career development opportunities
  • Reward and recognition programs
  • Online learning platform and mentoring programs
  • Fostering a respectful workplace valuing diverse perspectives.
Full Job Description
Work Location:
Toronto, Ontario, Canada

Hours:
35

Line of Business:
TD Insurance

Pay Details:
$94,000 - $132,700 CAD

Reporting to the Senior Manager Product and Underwriting Strategy, this Underwriting Manager will develop and execute on business strategies to deliver premium and earnings goals and contribute to overall business objectives focusing on the Commercial Automobile line of business.

The candidate should be customer and results focused, have keen analytical interest and the ability to impact and influence. This individual should enjoy operating amidst a dynamic, fast- paced and exciting environment!

Key accountabilities

  • Develop and maintain robust understanding of regulatory requirements, industry and customer trends, and competitive landscape and propose insurance contract changes accordingly for Canada-wide Commercial Automobile Products.


  • Act as Subject Matter Expert for small business underwriting strategy, rules and coverage wordings-related inquiries.


  • Drive the design and development of new underwriting rules to achieve business objectives.


  • Develop provincial regulatory filings where applicable.


  • Develop an in-depth understanding of small business underwriting strategy and rules and a solid understanding of customer segments, customer needs, competitive landscape and trends in the General Insurance industry to assist in identifying new business opportunities.


  • Lead the end-to-end management and refinement of small business insurance underwriting strategy and rules to achieve business and financial objective; lead discussions and collaborate with multiple stakeholders in delivering day-to-day projects and initiatives.


  • Support the development, implementation and understanding of training material related to contracts if applicable.


  • Develop and maintain processes to update advice and guidance wordings for underwriting operations and front-line colleagues.


  • Provide policy wordings interpretation and coverage intentions to various stakeholders across the organization.


  • Keep current on emerging trends/developments and grow knowledge of the business, related tools, procedures and techniques.


  • Maintain a culture of risk management and control, supported by effective processes and guidelines in alignment with risk appetite.


  • Build and maintain effective relationships with key internal stakeholders and/or external partners and regulators to develop new products and services.


Job Requirements

  • 7+ years General Insurance experience in Commercial Automobile Insurance underwriting, including wordings and endorsements knowledge and experience.


  • CIP, FCIP, CRM or equivalent insurance designation, or actively working towards an insurance designation.


  • Experience developing and maintaining Commercial Insurance company underwriting manuals - both internal and filed.


  • Experience developing provincial regulatory underwriting filings for regulators.


Skills

  • Strong critical thinking skills, financial acumen, and ability to synthesize large amounts of information into concise, actionable summaries for an executive audience.


  • Demonstrates excellent judgment and relationship building skills with ability to make things happen with impact and influence and by nurturing key relationships.


  • Strong problem-solving skills and the ability to make fact-based recommendations in a timely manner.


  • Strong organization skills, with the ability to work in a fast-paced environment and manage multiple deadlines and priorities.


  • Proven track record of highly developed critical thinking, analytical and problem-solving skills.


  • Excellent interpersonal communication skills (both written and verbal).


  • Self-motivated, team player with high energy and ability to work independently.


  • Ability to communicate effectively in English; French language skills are advantageous.


Language Requirement (Quebec only):
Ce poste n'exige pas la maîtrise d'une langue autre que le français.

About TD Bank

TD Securities offers a range of advisory and capital market services to its clients. The company's range of services includes research, investment banking, capital markets, and global transaction banking. Research consists of commodity and equity research. Investment banking consists of mergers, acquisitions, industry expertise, and credit origination. Global transaction banking consists of trade finance, cash management, and correspondent banking. TD Securities was founded in 1855 and is based in Ontario.

TD Bank Careers

Join the vibrant team at TD Bank, one of North America's leading financial services organizations, where innovation, leadership, and growth go hand in hand. At TD Bank, we are committed to fostering a culture of diversity and inclusion, making it an ideal place for ambitious professionals to thrive. Work You’ll Do At TD Bank, your professional journey is bolstered by a robust support system. From your first interview to every career milestone, you will find opportunities for growth and leadership. Our team is dedicated to helping you develop the skills necessary for success in the ever-evolving financial sector. TD Bank offers a variety of job opportunities across multiple fields, from customer service to investment banking. Each position at TD Bank is a chance to contribute to our culture of innovation and exceptional client service. Internship Programs Kickstart your career with a TD Bank internship. Our programs provide invaluable industry exposure and hands-on experience, making them a perfect starting point for students and recent graduates eager to make their mark in the banking industry. Interns at TD Bank enjoy the unique opportunity to work alongside seasoned professionals, gaining insights that are crucial for future employment. Benefits and Growth TD Bank is deeply committed to the well-being and continuous growth of our team members. We offer competitive benefits packages that cover health, finance, and family care. Our employees enjoy comprehensive health insurance, retirement plans, and generous paid time off, among other perks. Moreover, TD Bank encourages professional development through various training programs, including leadership development and diversity training. These initiatives ensure that our team remains at the forefront of industry standards and best practices. Join Our Team Explore the numerous career paths available at TD Bank and discover how your skills and interests align with our mission. We are actively hiring and continually looking for talented individuals who are passionate about banking and customer service. Networking and Professional Development At TD Bank, we believe in the power of networking and collaboration. Our employees have access to a wide range of networking events, workshops, and seminars that promote career development and professional growth. These platforms not only enhance your professional skills but also expand your industry connections. Stay Connected Keep up to date with the latest at TD Bank Careers by subscribing to our job alert emails. Tailor your subscription to match your career preferences and get the latest news, insider tips, and job opportunities delivered straight to your inbox. Explore job opportunities at TD Bank and be part of a team that values hard work, creativity, and a diverse workplace culture. Your next great career move is just a click away. SEARCH TD BANK JOBS Join us at TD Bank and let your ambition lead you to a rewarding career filled with opportunities to learn, grow, and innovate.
Learn more about TD Bank
Size
90,000 employees
Market Cap
$117.9 billion
Industry
Finance & Insurance
Net Income
-$6.9 million
5 Year Trend
+6.6%
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at TD Bank

More Finance & Insurance Jobs

Find similar Manager, Commercial Auto Underwriting jobs:

NationwideMarkham, ON