We Are Looking for an Underwriter, SME/Micro Insurance
Who We Are
We are Tokio Marine Canada (TMCAN), an entrepreneurial, early-stage Canadian insurance company based in Toronto, with a focus on the commercial Property and Casualty industry. We are part of the Japanese-based Tokio Marine Group of Companies, one of the world’s largest and most reputable insurance organizations. At TMCAN we will work with select brokers across Canada providing business insurance solutions for Canadian customers across a broad spectrum of insurance coverages.
Our Noble Purpose: We believe in a future Canadian Society that is innovative, progressive, and prosperous. This will require businesses to grow, challenge the status quo, and take calculated risks. We exist to help Canadian business by supporting them in the risks they take on by partnering with select professional brokers in providing practical solutions, superb service and being there in their times of need. We are Tokio Marine Canada – we aspire to be a Good Company – and you can trust us to always do the right thing.
The Opportunity
Reporting to the Vice President, Micro Insurance Solutions, and working closely with business leaders and peers support business and program opportunities of various commercial product lines in Canada focused on digital distribution. It will require a creative, solutions-based approach to program underwriting, and high customer service for our broker partners.
What You Will Do
Your responsibilities will include:
- Underwrite, quote and issue multi-line contractors' property risks to support TMCan’s Micro and SME Insurance initiative.
- Identify and evaluate exposures, determine the appropriate coverage, terms and conditions, limits, pricing, facultative reinsurance requirements, and negotiate with brokers on all new and renewal business.
- Building insurance wordings and agreements
- Build, monitor and audit new and existing commercial programs
- Underwrite and audit existing business and renewals.
- Ensuring all files are well documented and comply with departmental requirements
- Develop and maintain excellent working relationships with reinsurers, brokers, clients and partners
- Market presentations to brokers and relationship management to help develop business
- Working collaboratively with colleagues across business lines for multi-line approach
- Grow target business and maintain profitability
- Ongoing learning and updating on changes in marketplace, insurance trends
Who You Are
You have direct experience in a commercial underwriting role. You are team player with a positive attitude who thrives in a consensus culture with an emphasis on collaboration. You are a self-starter who is excited by the opportunity to jump right in and can come up to speed quickly. You are comfortable working on a lean team and are not afraid to roll up your sleeves and do the work that needs to be done.
Our new Underwriter- Micro Commercial will have:
- A university degree or college diploma
- 5+ years of industry experience
- CIP or FCIP
- Capability to manage multiple stakeholders.
- A high level of organizational skills and attention to detail.
- Demonstrated capability managing multiple priorities simultaneously to meet deadlines and drive for results.
- A customer focused mindset
- Enjoys working in a collaborative environment.
- Aptitude to thrive in a changing environment and be comfortable with ambiguity.
- Proficiency in Microsoft Office (Word, Excel, PowerPoint, Teams, and Outlook).
- Excellent written and verbal communication skills (English) are required
What’s In It For You
You will have the opportunity to work with leadership and across teams and have an impact on the business, its growth, and the future of the company. The opportunities for the people that join Tokio Marine Canada are significant, from personal and professional growth to innovation and collaboration, we are committed to fostering an environment to help our people work together and realize their potential.
Opportunity awaits - come realize your potential at TMCAN!
A Bit More About Us
At Tokio Marine, we are a new and growing company. We value collaboration and knowledge sharing and we actively seek out ideas. Your work will have an impact. We support our employees’ growth. We work hard to create a dynamic company culture that reflects our vision – to be a good company. We seek ways to give to help our communities and support causes important to our employees. We believe our employees represent the best this industry has to offer, and we want to keep building on that.
We work in a hybrid model and you should expect to split your time between working in the office and working remotely, with flexibility based on the role and the business needs. We currently have an office in downtown Toronto and will eventually be establishing offices in other provinces. Should you currently work in a province where we do not have an office, you will remain remote until such time as we do establish an office.
TMCAN is committed to fostering an inclusive and accessible environment where employees feel valued and respected and where every employee has the opportunity to realize their potential. We are committed to providing reasonable accommodations, if required, and will work with you to meet your needs. If you are a person with a disability and require assistance during the application process, please let us know.