Aviva

Sr. Underwriting Specialist, Financial Lines

Aviva • $120K — $140K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 10+ years of underwriting experience in Financial Lines (D&O, EPL, Crime, and Fiduciary)
  • Proven technical underwriting skills to evaluate complex financial risks
  • Experience managing broker relationships and negotiating intricate coverage
  • Strong business acumen with the ability to analyze financial statements and market trends
  • Exceptional communication, presentation, and negotiation skills
  • Ability to work independently while contributing to team goals
  • High attention to detail with strong analytical capabilities
  • Post-secondary education in business, finance, or related field

Responsibilities

  • Underwrite and negotiate complex new business and renewals
  • Analyze financial statements and claims history for underwriting decisions
  • Manage a portfolio focused on profitable growth and risk quality
  • Identify trends and recommend strategic portfolio adjustments
  • Build strong relationships with brokers and lead negotiations
  • Act as a subject-matter expert for Financial Lines to guide junior underwriters
  • Maintain compliance with underwriting standards and audit requirements

Benefits

  • Competitive rewards package, including base salary and annual bonus
  • Hybrid flexible work model
  • Outstanding career development opportunities
  • Support for professional development education
  • Competitive vacation package with an option to purchase additional days off
  • Programs focused on diversity, inclusion, and employee wellness
Full Job Description
The Opportunity

The Senior Specialist, Financial Lines Underwriter is responsible for underwriting and managing a diverse portfolio of Financial Lines products, including Directors & Officers (D&O), , Employment Practices Liability (EPL), Fiduciary and Crime coverages. This role combines deep technical underwriting expertise with strong broker engagement, portfolio stewardship, and the ability to influence underwriting strategy across the region.

You will be a key contributor within the Financial Lines team, supporting profitable growth, strengthening broker relationships, and helping refine underwriting standards, appetite, and governance for the FL portfolio.

What you'll do

Underwriting & Portfolio Management

  • Underwrite and negotiate complex new business and renewals within delegated authority, ensuring alignment with risk appetite, pricing adequacy, and profitability targets.
  • Analyze financial statements, industry trends, claims history, and qualitative risk factors to make informed underwriting decisions.
  • Manage a portfolio with a focus on profitable growth, retention, and risk selection quality.
  • Identify emerging trends and recommend portfolio actions such as appetite adjustments, pricing strategies, and product development opportunities.
  • Ensure underwriting files meet compliance, audit, and documentation standards.


Broker & Client Engagement
  • Build and maintain strong, trust-based relationships with key brokers across the region.
  • Lead broker meetings, presentations, and negotiations for large and complex FL opportunities.
  • Provide clear risk rationales, appetite guidance, and market insights to strengthen Aviva's position in the FL market.
  • Support broker development through training, market updates, and underwriting workshops as required.


Technical Expertise & Collaboration
  • Act as a subject-matter expert for Financial Lines, providing guidance to junior underwriters, peers, and cross-functional teams.
  • Collaborate with Claims, Actuarial, Legal, and Risk to refine underwriting practices and ensure alignment across functions.
  • Contribute to the development and refinement of underwriting guidelines, pricing tools, and product enhancements.
  • Support strategic initiatives related to FL growth, risk appetite evolution, and governance.


Governance & Compliance
  • Maintain strong control practices, ensuring underwriting decisions comply with internal guidelines, audit standards, and regulatory requirements.
  • Support efforts to enhance underwriting discipline and contribute to the overall governance framework of the FL portfolio.
  • Participate in periodic quality reviews and implement improvements where required.

What you'll bring

  • 10+ years of underwriting experience in Financial Lines (D&O, , EPL, Crime and Fiduciary ).
  • Strong technical underwriting skills and the ability to assess complex financial and qualitative risks.
  • Demonstrated success managing broker relationships and negotiating complex risks.
  • Strong business acumen with the ability to interpret financial statements and market indicators.
  • Excellent communication, presentation, and negotiation skills.
  • Ability to work independently while contributing to team success and sharing best practices.
  • High attention to detail, strong analytical skills, and commitment to underwriting governance.
  • Post-secondary education in business, finance, or a related field.


What makes you stand out
  • CIP/FCIP or similar designation is an asset.


What you'll get

  • The salary band for this position ranges from $120,000 to $140,000. Please note that individual salary is determined by factors such as job-related knowledge, skills, and experience, as well as internal equity.
  • Compelling rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.
  • Hybrid flexible work model .
  • Outstanding career development opportunities.
  • We'll support your professional development education.
  • Competitive vacation package with the option to purchase 5 extra days off per year.
  • Employee-driven programs focused on gender, LGBTQ+, origins, diversity, and inclusion.
  • Corporate wellness programs to support our employees' physical and mental health.


Please note that we may use AI tools to help us through the recruitment process. This is a new position which has been posted internally & externally.

About Aviva

Natural health retailer and resource. Aviva promotes a holistic approach to your health and well-being through proper nutrition and a healthy, natural lifestyle. Aviva operates a retail store in Winnipeg, MB Canada and serves customers across Canada and around the world through www.avivahealth.com. Everything for healthy living.

Aviva Careers

Joining Aviva presents a prime opportunity to be part of a team that values leadership, innovation, and diversity in the workplace. Aviva, a leading insurance and financial services company, offers a variety of job opportunities that cater to a range of skills and professional interests, making it an ideal place for career growth and development.

Explore Job Opportunities

Aviva is actively hiring and continuously seeks passionate, creative, and solution-driven team players. Search open positions that match individual skills and interests in areas ranging from finance to technology. Each position at Aviva offers the chance to work with a global team that drives industry-leading solutions.

Experience Professional Growth

Aviva is committed to the professional growth of its employees. The company offers unmatched training, development, and certification support, allowing every team member to reach their full potential. Leadership and diversity training are integral parts of Aviva's commitment to fostering an inclusive environment.

Internship Programs

Start a career at Aviva with an internship that offers real-world experience and networking opportunities. Aviva's internships provide a robust platform for learning and applying practical skills in a dynamic setting, preparing interns for full-time positions within the company.

Benefits and Culture

Aviva is renowned for its employee benefits and positive company culture. The company prioritizes the well-being and satisfaction of its team, offering comprehensive benefits that enhance both personal and professional life. Aviva's culture is built on a foundation of respect for diversity and an ongoing commitment to inclusion.

Innovation and Networking

At Aviva, innovation is at the core of all operations. Employees are encouraged to lead transformation projects and introduce new strategies that drive growth and efficiency. Networking within Aviva provides connections to industry leaders and peers who are equally eager to share insights and collaborate on projects.

Career Advancement

Aviva believes in nurturing talent and providing employees with opportunities for advancement. Whether through promotions, cross-departmental moves, or leadership roles, team members have numerous paths to elevate their careers.

Join the Aviva Team

Interested candidates are encouraged to apply. Prepare a resume, practice for the interview, and explore the exciting employment and career opportunities at Aviva. Personalize job alerts to stay informed about the latest news and positions that align with career preferences and skills.

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Learn more about Aviva
Size
28,596 employees
Industry
Finance & Insurance
NASDAQ
AVVIY
* Ladders Estimates

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