Director, Specialty Lines
- Toronto, ON, Canada
Full-time
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Job details
- Job type
- Full-time
- Experience
- 10+ years of experience underwriting complex Property and Energy risks.
- Posting language
- English
- Posted
Original job description
The Opportunity
This is an exciting leadership opportunity to shape the future of our Specialty Property & Energy business while leading a high-performing team of underwriting professionals. As Director, you will drive profitable growth across a diverse portfolio of complex and multinational accounts, influence underwriting strategy, and build strong relationships with brokers, clients, and industry partners.
You will play a key role in developing talent, fostering an inclusive and engaged team culture, and ensuring underwriting excellence across sectors including mining, oil & gas, power generation, manufacturing, public entities, and real estate. This role offers the opportunity to make a visible impact through strategic leadership, portfolio management, and collaboration with senior leaders across the organization.
What to Expect
- Lead, mentor, and develop a team of Specialty Property & Energy underwriters, fostering a culture of accountability, collaboration, and continuous learning.
- Drive profitable portfolio growth while balancing underwriting discipline, risk selection, and exceptional customer service.
- Provide guidance and approval on complex underwriting referrals and large account decisions.
- Partner with Corporate Underwriting to influence and implement underwriting strategies, guidelines, and best practices.
- Monitor portfolio performance, including key metrics such as Gross Written Premium (GWP) and Combined Operating Ratio (COR), to achieve business objectives.
- Conduct underwriting audits and quality reviews to ensure compliance with company standards and risk appetite.
- Build and strengthen broker and client relationships, serving as a trusted partner on large and complex multinational accounts.
- Represent the organization at client meetings, broker engagements, and industry events.
- Develop underwriting expertise across the team through coaching, mentorship, development planning, and delegation of underwriting authority.
- Lead performance management activities, including goal setting, coaching, talent development, and succession planning.
- Communicate business results, portfolio insights, and strategic action plans to senior leaders and stakeholders.
What You Bring
- 10+ years of experience underwriting complex Property and Energy risks.
- Proven expertise managing large, sophisticated, and multinational accounts.
- Leadership experience developing and motivating high-performing teams.
- Strong business acumen with the ability to balance growth, profitability, and risk management objectives.
- Demonstrated success building broker partnerships and long-term client relationships.
- Ability to coach and influence underwriting decisions across both new business and renewal portfolios.
- Strong communication and presentation skills, with the ability to engage executives, brokers, clients, and teams at all levels.
- University degree or college diploma, CIP designation is an asset
- Bilingualism in French and English is considered a strong asset.
Thank you for your interest in this opportunity. Please note that the salary band for this role will be shared with candidates who are selected to move forward in the interview process.
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).
Definity is the parent company to 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.
More about this job
Responsibilities
The Director will lead a team of underwriting professionals to drive profitable growth across a diverse portfolio of complex Specialty Property and Energy accounts. They are responsible for setting underwriting strategy, managing portfolio performance, and fostering strong relationships with brokers and clients.
Requirements
Candidates must have over 10 years of experience in underwriting complex Property and Energy risks, along with proven leadership expertise. A university degree or college diploma is required, and a CIP designation is considered an asset.
Skills
- Underwriting
- Portfolio management
- Leadership
- Risk selection
- Strategic planning
- Mentorship
- Talent development
- Business acumen
- Underwriting audit
- Property insurance
- Energy insurance
- Multinational account management
- Communication skills
- Presentation skills
Benefits
- Hybrid work schedule
- Company share ownership program
- Incentive program
- Pension and savings programs
- Company-matched RRSP contributions
- Paid volunteer days
- Charitable donation matching
- Educational resources
- Tuition assistance
- Paid time off for exams
- Employee groups
- Gender affirmation surgery support
- BIPOC counsellor access
- Wellness programs
- Recognition programs
- Product and service discounts
Visa sponsorship
Not detected in the job text
Categories
- Management & Leadership
- Finance & Accounting
- Energy
- Consulting
Keywords
- Specialty Property
- Energy Insurance
- Underwriting
- Portfolio Growth
- Risk Management
- Multinational Accounts
- Broker Relations
- Underwriting Strategy
- GWP
- Combined Operating Ratio
- Underwriting Audit
- Talent Development
- Succession Planning
- CIP Designation
- Insurance
- Leadership
- Mining
- Oil & Gas
- Power Generation
- Manufacturing
- Public Entities
- Real Estate
- Hybrid Work
- Performance Management
- Strategic Leadership