Executive Underwriter - Corporate Underwriting

Underwriting / Souscription Toronto, Ontario

Position at Northbridge Insurance

Are you interested in being part of a dynamic and collaborative team that has a big impact on the success of the organization? If your answer is yes, then joining the Corporate Underwriting Team as an Executive Underwriter is a right career move for you!

“The Power of Together”

Join Northbridge, a growing dynamic company that has a long and rich Canadian history in providing innovative insurance solutions to customers nationwide.

Northbridge Financial Corporation is a leading commercial property and casualty insurance company that’s been helping protect Canadian businesses for more than 90 years. We’re 100% Canadian!

We offer a wide range of creative solutions to our customers through our Northbridge Insurance, TruShield Insurance and Federated Insurance brands where we strive to create a fair and friendly culture, upheld by the foundation of our five corporate values: respect, passion, connectedness, creativity, and excellence.

By continually striving to challenge the status quo, and by focusing on helping the customers we have the privilege of insuring achieve the possibilities of their business, we’ve been able to build our reputation as one of Canada’s largest commercial insurance providers.

To help us continue to build on this success, we’re committed to attracting, developing and retaining the best people.

Be part of a team that’s passionate about making a difference every day, fuelled by our entrepreneurial spirit and where everyone owns a part of our success. Our company has had an amazing journey so far, and our future is full of new possibilities!

Located in the heart of Toronto’s Financial District, our head office is easily accessible by TTC and GO Transit, and within walking distance to the Eaton Centre, Air Canada Centre, Rogers Centre, and CN Tower. As a national property and casualty commercial insurance provider, we also have offices across Canada.

Position Summary 

As Executive Underwriter you will work independently and report to the Director of Underwriting to establish, implement and monitor national underwriting strategies for Commercial Property and Crime business lines in all market segments across the Northbridge Financial Corporation (NBFC) brands.

In your role, you will lead technical underwriting support and business solutions for all Regions. Your strong interpersonal and communication skills allow you to develop and maintain relationships with many stakeholders throughout NBFC. You will also perform regular regional audits coordinated with the National Quality Assurance & Underwriting Excellence team.

What you will be doing:

  • Conduct market research to develop business cases for proposed new products, product line changes, legislative changes or other enhancements. 
  • Referrals are to be completed in a timely manner.
  • In a project management environment, accountable for the introduction, implementation and communication of rating and exposure strategies, coverage and product changes.
  • Define efficient business requirements for development of I.T. systems to support the underwriting function.
  • Portfolio management of NBFC top and bottom line targets and post implementation monitoring
  • Maintain an effective technical framework including hazard recognition, authority levels, and bulletins.
  • As the underwriting technical expert, develop and train underwriters and key brokers.
  • Represent NBFC in insurance industry committees and information seminars. 
  • Support other special duties and projects as assigned.

What we are looking for:

  • Relevant Bachelor’s degree, or equivalent combination of education and experience.
  • Minimum 7 to 10 years working experience in Commercial Property and Crime.
  • Knowledge and understanding of underwriting principles and pricing methodology. 
  • Proficient knowledge of Microsoft Office suite – Word, Excel and PowerPoint including experience using actuarial produced spreadsheets. 
  • Completion of the CIP/FCIP designation.
  • Fluently bilingual (English / French) is a definite asset.

What sets you apart:

  • Excellent analyst and decision maker.
  • Managing multiple and changing priorities and delivering results.
  • Efficient problem solver.
  • Demonstrated successful stakeholder management.
  • Continuous learner.
  • Energetic and enthusiastic.

What we have to offer:

  • Northbridge Cares program – volunteer day and donation matching
  • Generous paid time off, including personal days. Flexible work hours as well as early departure opportunities
  • Flexible Group Benefits Plan – medical, dental, insurances
  • Defined Contribution Pension Plan + Optional Group RRSP
  • Northbridge Employee Share Purchase Plan
  • Education Assistance Program
  • Employee Assistance plan
  • Staff Insurance - discount on home, automobile and pet insurance
  • Plus, the opportunity to contribute to the success of Northbridge through sharing your knowledge and experience while learning from others!

    Application Process:

    Northbridge welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection process. Interested, qualified candidates are encouraged to apply below.

    All offers of employment are conditional upon satisfactory background and reference checks, including a criminal record check, credit check, and employment and educational verifications.