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Underwriter, Professional Lines

  • Toronto, ON, M5H 1J9, Canada

Full-time

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Job details

Job type
Full-time
Posting language
English
Posted

Original job description

Summary

REVAU is experiencing strong organic growth, reaffirming our commitment to revolutionizing the commercial insurance industry. We believe there is a more efficient way to access commercial insurance by eliminating inefficiencies, valuing expertise, and enabling brokers to grow their portfolios.

If you would like to actively contribute to transforming the commercial insurance sector within a fast-growing company, we are looking for a motivated and detail-oriented person to join our team as an Underwiter in our Professional Lines department.

Reporting to the Professional Lines Team Leader, the Professional Lines Underwriter will be responsible for evaluating, selecting, and underwriting risks in accordance with established underwriting guidelines and delegated authorities. The underwriter will contribute to portfolio growth and profitability by balancing sound underwriting practices with strong broker relationships and business development initiatives. Candidates across Ontario are invited to apply!

Key Responsibilities

  • Underwrite and manage renewals in accordance with the guidelines and authorities established under various binder agreements for both internal markets and external partners.
  • Identify, develop, and underwrite new business opportunities in accordance with established underwriting guidelines, whether through internal markets, external contracts, or wholesale distribution channels.
  • Build and maintain strong relationships with existing and prospective brokers through regular meetings, marketing visits, and business development activities.
  • Serve as a key liaison between brokers and insurers, negotiating coverage terms, conditions, and pricing to achieve mutually beneficial outcomes.
  • Represent the company at industry events and networking opportunities to strengthen market presence and develop new business relationships.
  • Apply sound underwriting judgment to assess risk quality, support profitable portfolio growth, and ensure compliance with established underwriting guidelines.

Qualifications & Skills

  • Minimum of three years of experience in the insurance industry, including at least one year of experience in Errors & Omissions (E&O) or professional liability underwriting.
  • A Chartered Insurance Professional (CIP) designation, an insurance diploma, or progress toward either qualification is considered an asset.
  • Proficiency in using various software applications and technology tools, with the ability to adapt to new systems and processes.
  • Strong negotiation and relationship management skills.
  • Demonstrates autonomy, initiative, and resourcefulness.
  • Excellent organizational skills, with the ability to manage competing priorities and take ownership of responsibilities.
  • Strong analytical and critical-thinking skills, with the ability to make sound decisions in a fast-paced environment.
  • An entrepreneurial mindset, a proactive approach to business development, and a willingness to go above and beyond to achieve results.

Benefits

  • Hybrid work arrangements that support flexibility and work-life balance.
  • Group insurance, wellness account, employee and family assistance program, and telemedicine
  • Access to a retirement savings plan with employer contributions
  • 7 personal days
  • Birthday leave
  • Bonus program
  • Wellness program
  • Training reimbursement program
More about this job

Responsibilities

The Underwriter is responsible for evaluating, selecting, and underwriting risks in accordance with established guidelines to ensure portfolio profitability. They will also manage broker relationships and drive business development initiatives to grow the Professional Lines department.

Requirements

Candidates must have at least three years of insurance industry experience, including a minimum of one year in Errors & Omissions or professional liability underwriting. A Chartered Insurance Professional (CIP) designation or progress toward one is considered an asset.

Skills

  • Underwriting
  • Professional liability
  • Errors & Omissions
  • Risk assessment
  • Business development
  • Negotiation
  • Analytical skills
  • Critical thinking
  • Portfolio management
  • Insurance industry knowledge
  • Organizational skills
  • Entrepreneurial mindset

Benefits

  • Hybrid work arrangements
  • Group insurance
  • Wellness account
  • Employee and family assistance program
  • Telemedicine
  • Retirement savings plan
  • Personal days
  • Birthday leave
  • Bonus program

Visa sponsorship

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Categories

  • Finance & Accounting
  • Management & Leadership
  • Sales

Keywords

  • Underwriting
  • Professional Lines
  • Commercial Insurance
  • Errors & Omissions
  • Professional Liability
  • Risk Assessment
  • Broker Relations
  • Business Development
  • Portfolio Growth
  • CIP
  • Chartered Insurance Professional
  • Insurance Diploma
  • Negotiation
  • Analytical Skills
  • Critical Thinking
  • Hybrid Work
  • Wholesale Distribution

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