Toronto, ON, CA
Senior Property Underwriter
About the Role
We are looking for an underwriter to join the Central and Eastern Canada Property team and contribute to our sustainable growth and profitability. You will be based in Toronto and part of a team of experienced Underwriters supporting the General Property business in Canada, reporting to and working closely with the Head of Property Canada.
The position offers you the opportunity to develop key broker and client relationships, focusing on large corporate and middle market risk segments including international structured placements. Beyond your core underwriting responsibilities, you will also contribute to cross-functional initiatives, support strategic projects, and help shape the direction of the Canadian Property business. You will provide property underwriting expertise to our clients, ensure compliance standards and underwriting in line with existing Swiss Re underwriting guidelines.
Key responsibilities include:
- Production underwriting position responsible for handling large quota share, shared and layered placements, global structured programs as well as 100% single carrier deals.
- Drive portfolio quality through effective risk selection, technical pricing, and adherence to governance and guidelines
- Develop and maintain relationships with key brokers and clients which includes regular, effective communication.
- Represent Swiss Re Corporate Solutions in meetings with client, brokers, and other SR Group entities
- Learn and effectively employ Swiss Re underwriting tools to develop pricing, terms, and conditions at an account level in line with underwriting guidelines and corporate strategy.
- Assist in the timely issuance of binders and policies as well as the collection of premiums as necessary
- Review, assess and negotiate contract language effectively in order to protect both Swiss Re and our stakeholders' respective interests.
- Prepare proposals, binders, and policies in accordance with and adhering to internal guidelines
- Continuously update and develop your specific industry knowledge, skills, and expertise and keep abreast of emerging issues.
- Mentor junior underwriters and support team capability development
About the Team
You would be joining a diverse and inclusive team of underwriters with a range of backgrounds and industry experience. The team thrives in a collaborative environment while also encouraging independent thinking, with a focus on growing our property book in the Eastern Region.
About You
Educational background:
• University degree or equivalent with a business or finance component preferred
• Professional designations, such as Chartered Insurance Professional (CIP), Fellow Chartered Insurance Professional (FCIP), CRM, are strong assets
Professional Experience:
• Property underwriting experience, ideally including international exposures and complex corporate risks
• Knowledge of and proficiency in the use of underwriting tools, applications, and guidelines.
• Strong written and verbal communication skills
• Demonstrated success underwriting large, sophisticated accounts in a competitive market.
• Strong command of underwriting tools, analytics, and portfolio management concepts.
• Excellent negotiation, communication, and relationship-building skills.
• Entrepreneurial mindset with the ability to take ownership, influence outcomes, and drive projects forward.
• Strong analytical capabilities and interest in emerging risks and industry trends.
• Proven ability to collaborate across functions and geographies.
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Language skills:
• Fluency in English, French would be an asset.
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.
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