Commercial Lines Underwriter (Technology)

The Opportunity

This role is an Underwriter within the Technology Underwriting team, as part of Specialty Insurance. The successful candidate will underwrite technology-focused risks across property, casualty, cyber, and errors & omissions lines, including the placement of cross-border business. This position is highly collaborative, working closely with a team to develop tailored solutions. A genuine curiosity and interest in underwriting unique risks will be an asset.

What to Expect

• Responsibility for growth and retention of an assigned book of renewal business.

• Assessing and quoting new business submissions, within assigned underwriting authority. 

• Negotiating renewal terms and conditions for risks with broker partners.

• Creating meaningful relationships and promoting the Technology vertical with internal partners.

• Developing strong relationships with broker partners, including broker visits, marketing calls, production meetings, etc.

• Become a trust resource for Technology brokers to build reputation and success in the marketplace.

• Mentoring and supporting fellow underwriters within the team.

• Perform other duties as assigned. 

What you Bring

• University degree or college diploma

• Three to five years of relevant insurance or underwriting experience in P&C underwriting

• Experience in or willingness to learn about cyber and errors and omissions insurance

• Team player, adaptable to changes

• Strong sales acumen

• Strong problem-solving skills

• Chartered Insurance Professional (CIP) or other insurance-related designations considered

• an asset.

• Strong written and verbal communication skills

• French language skills considered an asset

Salary Range: $59,300-$109,200

Actual salary for the role may vary depending on work location of the successful candidate and other factors including but not limited to, skills, education, experience, working conditions and the local labour market.

This position is being posted to fill an existing vacancy.

Interested in this role, but don’t meet every requirement? We encourage you to apply! We know from experience that a candidate doesn’t need 100% of the qualifications listed to bring incredible value to our team. We’re actively seeking diverse backgrounds and perspectives to help us make insurance better. At Definity, inclusion, diversity, and equity aren’t just “nice to have” - they’re essential to our success. 

What’s in it for you?

• Hybrid work schedule for most roles
• Company share ownership program
• Incentive Program - Eligible employees may participate in various incentive plans which are paid out at the discretion of the company and subject to individual and company performance.
• Pension and savings programs, with company-matched RRSP contributions
• Paid volunteer days and company matching on charitable donations
• Educational resources, tuition assistance, and paid time off to study for exams
• Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents 
• Wellness and recognition programs 
• Discounts on products and services

Go ahead and expect a lot - you deserve it.

It’s better here - but don’t take our word for it. Definity was named by Great Place to Work® as one of the Best Workplaces™ in Canada for women, for youth, and for inclusion.

Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know by contacting accessibility@economical.com.

As part of Definity’s commitment to reconciliation, we acknowledge that our work, meetings, and travel take place on the lands now known as Canada, and recognize the enduring presence, wisdom, and stewardship of the First Nations, Métis, and Inuit peoples who have long cared for these lands.

Background checks

This role requires successful clearance of background checks (including criminal checks and leadership references).

Economical is part of Definity, which includes some of Canada’s most long-standing and innovative insurance brands, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. Our ambition is to be one of Canada’s leading and most innovative property and casualty insurers. We can’t do that without our people, so we embrace and encourage a culture that’s collaborative, ambitious, rewarding, and empowering.

We offer a flexible, hybrid work experience where employees work from the office and virtually depending on the type of work they are doing and who they are working with. Bring your true self and be a part of our journey. It’s better here.