Toronto, ON, CA
Engineering & Construction (E&C) Underwriter
Are you passionate about the construction industry and have a keen eye for risk assessment? Join our team at Swiss Re Corporate Solutions as an Engineering & Construction Underwriter in Toronto where you'll play a pivotal role in expanding our footprint in the Canadian construction insurance market. This exciting opportunity combines technical expertise with relationship building to deliver innovative insurance solutions for complex engineering and construction projects across Canada.
About the Role
As an E&C Underwriter based in Toronto, you'll be at the forefront of risk assessment and business development for construction projects spanning power generation, manufacturing, infrastructure, building construction, and heavy civil works. You'll leverage your technical knowledge and market insights to craft tailored insurance solutions that meet client needs while maintaining profitability.
Key Responsibilities
- Generate and underwrite new business in the engineering and construction sector with brokers and clients throughout Canada
- Extend Swiss Re's market presence by assessing, proposing, and negotiating insurance conditions for large and mid-sized construction projects
- Collaborate closely with Canadian and Global teams to ensure consistent client and broker relationships
- Assess risks, coverage, terms and conditions while driving underwriting processes within appropriate risk management frameworks
- Efficiently triage new submissions to maximize productivity and response times
- Serve as a technical reference within the global Engineering & Construction community, tracking new technologies and market trends
- Support cross-selling opportunities and contribute to solution and marketing strategy development tailored to client needs
About the Team
Supporting the Engineering & Construction business in the Corporate Solutions, Canada Region, you will be part of a small but dynamic team of experienced underwriters, focused on profit-oriented underwriting of new and existing accounts and on building relationships with key partners in the large corporate and middle-market risk segments.
About You
We're looking for a detail-oriented, collaborative professional who thrives in a fast-paced environment. The ideal candidate combines technical underwriting expertise with strong relationship-building skills and a passion for the construction industry. Your entrepreneurial mindset and client-centric approach will help us expand our presence in this specialized market in the Greater Toronto Area.
We are looking for candidates who meet these requirements:
- In-depth knowledge of insurance, engineering and construction underwriting, and the Canadian insurance market
- Minimum 2–5 years of underwriting experience or equivalent
- Strong analytical skills with the ability to assess complex risks and determine appropriate coverage solutions
- Excellent negotiation, communication, and interpersonal skills
These are additional nice to haves:
- Established broker and client network in the Canadian construction insurance market
- French language proficiency
- Experience with cross-selling insurance products
- Knowledge of emerging technologies and trends in construction
- Experience working in global or matrix organizations
- Professional designations in insurance or engineering fields
- Client-centric, forward-thinking approach anticipating future customer needs
- Ability to collaborate across teams and multiple offices
- Demonstrated ability to work under pressure and manage high workloads
The base salary hiring range for this existing position located in Toronto is CAD $95,000 to $124,000. The specific base salary offered for this or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.
About Swiss Re Corporate Solutions
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.
Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.
During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.
We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.
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