Technical Underwriter, Financial Lines

October 21 2024
Industries Bank, Insurance, Financial services
Categories Bank, Insurance, Financial services,
Toronto, ON • Full time

The Opportunity

Are you looking for a caring, collaborative, values-driven workplace with inspiring teammates and leaders? Do you have the ambition and desire to be the best and thrive at the most impactful global insurance provider in the world? Look no further than Zurich Canada.

If you have experience in Technical Underwriting and are looking for a new challenge, we would love to hear from you.

Zurich Canada is currently looking for a Technical Underwriter. Reporting to the Head of Financial Lines, you will play a crucial role in implementing underwriting strategies and solutions for our diverse portfolio. You will develop expertise in our product lines and within the industry, contribute to the development of underwriting guidelines, and support the overall profitability and growth of our business.

This is a unique opportunity to build your knowledge and experience for the future in a supportive environment where your voice matters.

This is a hybrid work opportunity.

What you will do

• Contribute to the development and implementation of underwriting strategies such as pricing, product development, underwriting tools, and processes for a specific portfolio, line of business, or product line.
• Continuously develop knowledge in product lines and the industry to stay abreast of market trends and insights and work closely with the underwriting team to provide relevant training in these areas.
• Monitor underwriting strategy performance through metrics, data analysis, and insights to ensure alignment with organizational goals.
• Operate within established organizational Risk Policy, Global Underwriting Policy, and underwriting governance policies to maintain compliance and ensure best practices.
• Contribute to the development of technical underwriting guidelines, best practices, controls, and procedures.
• Work on projects of low to high complexity, providing technical expertise and ensuring successful project delivery.
• Address and resolve underwriting queries within delegated authority.
• Assist in portfolio management by analyzing profitability and growth of specialty areas of business.
• Monitor technical price accuracy and support the Technical Price Certification process.
• Contribute to the Technical Underwriting Review Process to ensure consistency and accuracy.
• Participate in compliance-related activities, including regulatory exams and insurance department inquiries.
• Anticipate, recognize, and respond to the needs of customers, supporting the implementation of customer initiatives.
• Provide regular status updates on projects and initiatives.
• Resolve technical problems by referring to policies, procedures, and specifications.
• Compare alternatives for solving problems or improving procedures or products and provide recommendations.
• Offer technical expertise for short-term, defined scope projects.

What you bring to the table

Bachelors Degree and 6 or more years of experience in the Underwriting area.



OR

High School Diploma or Equivalent and 8 or more years of experience in the Underwriting area

Preferred

• Experience working on time restraints for quotes on new and renewal business
• Experience working in a team environment
• Strong problem solving skills
• Strong interpersonal, verbal and written communication skills with the ability to efficiently impart knowledge through training
• Microsoft Office skills
• Proven ability to develop product wordings is an asset
• French language skills are an asset and required for candidates applying to the Montreal office location
• Verbal and written proficiency in the English language is required in order to facilitate communication with internal and external key stakeholders located outside of Quebec

Compensation for roles at Zurich varies depending on a wide array of factors including but not limited to the specific office location, role, skill set, and level of experience. The salary range provided is a nationwide market range and has not been adjusted for the applicable geographic differential associated with the location where the position may be filled. As required by local law, Zurich provides in good faith a reasonable range of compensation for roles. Compensation may exceed the range listed based on the evaluation of skillset and experience. The starting salary range for this position is $89,000 - $145,000.

Our Culture

• At Zurich, we are proud of our culture. We are passionate about Diversity, Inclusion, Equity and Belonging (DIEB). We want you to bring your whole self to work, and we want our employees to be reflective of the communities in which we live and work. Our DIEB initiatives are creating an environment where everyone feels welcome.

• We have a collaborative culture where diversity of thought is valued. We value your input and strive to give our employees the tools they need to make an impact.

• We care about our employees' well-being and offer a comprehensive health/benefits plan with varying levels of coverage to suit your specific needs and a competitive total compensation package.

• We understand how important it is to rest, recharge and do the things you love. At Zurich, all employees receive a minimum of four weeks of vacation per year to do just that.

• We also understand that employees require time off for personal reasons. Maybe you have an appointment during a workday, a cultural or religious holiday you would like to observe, or you need time off to focus on your mental health. Zurich employees receive four personal days per year to be used at their discretion.

• We are committed to continuous improvement, and offer access to a comprehensive range of training and development opportunities.

• We care about our communities. Our communities are where our customers, people, and shareholders live and work. While we can be proud of the contribution to society Zurich makes through our core business of insurance, we must also give back to our communities through our talent, time and resources.

• We have won numerous awards for our workplace culture. We are proud to be one of Greater Toronto's Top Employers and to have received Insurance Business Canada's 5-Star Diversity, Equity and Inclusion Award.

Make a difference. Be challenged. Be inspired. Be supported. Love what you do. Work for us.

About Us

Zurich Canada is part of the Zurich Insurance Group, a multi-line insurer with approximately 55,000 employees worldwide serving customers in global and local markets. Zurich Canada has been a leading insurance provider serving mid-sized and large companies, including multinational corporations, in the Canadian commercial market for 100 years. With over 500 employees in offices across the country, Zurich offers the global strength of a top insurance provider combined with in-depth knowledge of industries and local markets. Zurich Canada aspires to be risk management professionals' first choice as their premier partner to help meet the risk challenges of today and tomorrow. Read more at www.zurichcanada.com.

Apply now!

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