Underwriting Manager
- Toronto, ON, Canada
Full-time
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Job details
- Job type
- Full-time
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- Posting language
- English
- Posted
Original job description
Underwriting Manager, (Mid-Market)
Location: Downtown Toronto, ON (hybrid) | Type: Permanent, full-time
About the opportunity
Our client, a leading Canadian commercial insurer, is hiring an Underwriting Manager to lead a team of underwriters in its mid-market segment. This is a people-first leadership role. You will coach and develop a team, steward a book of construction and contracting accounts with a focus on retention, and partner closely with a broker network.
You will lead 6 to 10 underwriters, from associate through to specialist (subject matter expert) level, and report to a Director.
What you’ll do
- Lead, coach and mentor a team of underwriters at varied experience levels, including performance management, development planning and career growth
- Oversee full-cycle underwriting of mid-market accounts (typically $10K to $250K in premium), including evaluation, selection, negotiation, pricing and documentation
- Drive retention and profitable growth of an established construction and contracting portfolio
- Build and maintain strong broker relationships through regular in-person meetings and responsive, consistent communication
- Collaborate with Actuarial, Claims and other internal partners
- Guide technical decisions across the team and support operational change
What you bring
- Proven people leadership (2+ years leading underwriters), including coaching, mentoring and the day-to-day HR side of management
- Strong construction and contracting underwriting experience in the mid-market
- Technical depth in commercial package: commercial property and CGL, with COC an asset.
- Solid broker relationship skills and a strong service orientation
- CIP, FCIP or equivalent designation completed or in progress
Compensation and rewards
- Base salary: $130,000–$140,000, plus a 15% annual bonus
- 4 weeks’ vacation
- Employer-paid defined contribution pension
- Share purchase plan
- Comprehensive health and dental benefits
- Paid sick and personal days, plus Christmas Eve off
- Hybrid: 3 days per week in the downtown Toronto office.
- Continued learning support and clear internal growth pathways
More about this job
Responsibilities
Lead, coach, and develop a team of 6 to 10 underwriters while overseeing full-cycle underwriting for mid-market construction and contracting accounts. Drive portfolio retention and profitable growth, maintain broker relationships, guide technical decisions, and collaborate with internal partners on operational change.
Requirements
Requires at least two years of experience leading underwriters, including coaching, mentoring, and day-to-day people management. Candidates should have mid-market construction and contracting underwriting experience, technical expertise in commercial property and CGL, strong broker relationship skills, and a completed or in-progress CIP, FCIP, or equivalent designation.
Skills
- People Leadership
- Coaching and Mentoring
- Performance Management
- Underwriting
- Construction and Contracting Insurance
- Commercial Property
- Commercial General Liability
- Portfolio Retention
- Profitable Growth
- Pricing and Negotiation
- Risk Evaluation and Selection
- Technical Decision-Making
- Cross-Functional Collaboration
- Operational Change Management
- Commercial Package Insurance
Benefits
- Annual Bonus
- Four Weeks' Vacation
- Defined Contribution Pension
- Share Purchase Plan
- Health and Dental Benefits
- Paid Sick and Personal Days
- Christmas Eve Off
- Learning Support
- Internal Growth Opportunities
Visa sponsorship
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Categories
- Management & Leadership
- Finance & Accounting
- Construction
Keywords
- Commercial Insurance
- Mid-Market Underwriting
- Construction Insurance
- Contracting Insurance
- Commercial Property
- Commercial General Liability
- CGL
- COC
- Commercial Package
- CIP
- FCIP
- Broker Network
- Portfolio Retention
- Profitable Growth
- Risk Evaluation
- Risk Selection
- Underwriting Pricing
- Negotiation
- Policy Documentation
- Actuarial Collaboration
- Claims Collaboration
- Performance Management
- Development Planning
- Career Growth
- People Management