Underwriting Manager in Toronto

Underwriting Manager in Toronto

Toronto Full-Time 130000 - 140000 $ / year (est.) Hybrid
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At a Glance

  • Tasks: Lead and mentor a team of underwriters while managing mid-market accounts.
  • Company: A top Canadian commercial insurer with a people-first culture.
  • Benefits: Competitive salary, annual bonus, health benefits, and paid personal days.
  • Other info: Enjoy hybrid work and clear pathways for career growth.
  • Why this job: Make a real impact in a leadership role within the insurance industry.
  • Qualifications: 2+ years of people leadership and strong underwriting experience.

The predicted salary is between 130000 - 140000 $ per year.

Location: Downtown Toronto, ON (hybrid) | Type: Permanent, full-time

About the opportunity

Our client, a leading Canadian commercial insurer, is hiring an Underwriting Manager to lead a team of underwriters in its mid-market segment. This is a people-first leadership role. You will coach and develop a team, steward a book of construction and contracting accounts with a focus on retention, and partner closely with a broker network. You will lead 6 to 10 underwriters, from associate through to specialist (subject matter expert) level, and report to a Director.

What you’ll do

  • Lead, coach and mentor a team of underwriters at varied experience levels, including performance management, development planning and career growth
  • Oversee full-cycle underwriting of mid-market accounts (typically $10K to $250K in premium), including evaluation, selection, negotiation, pricing and documentation
  • Drive retention and profitable growth of an established construction and contracting portfolio
  • Build and maintain strong broker relationships through regular in-person meetings and responsive, consistent communication
  • Collaborate with Actuarial, Claims and other internal partners
  • Guide technical decisions across the team and support operational change

What you bring

  • Proven people leadership (2+ years leading underwriters), including coaching, mentoring and the day-to-day HR side of management
  • Strong construction and contracting underwriting experience in the mid-market
  • Technical depth in commercial package: commercial property and CGL, with COC an asset.
  • Solid broker relationship skills and a strong service orientation
  • CIP, FCIP or equivalent designation completed or in progress

Compensation and rewards

  • Base salary: $130,000–$140,000, plus a 15% annual bonus
  • Comprehensive health and dental benefits
  • Paid sick and personal days, plus Christmas Eve off
  • Hybrid: 3 days per week in the downtown Toronto office.
  • Continued learning support and clear internal growth pathways

Underwriting Manager in Toronto employer: DGA Careers Inc.

As a major Canadian insurance carrier, this company offers an exceptional opportunity for the AVP, Marine role, allowing you to build a national Marine practice from the ground up. With a strong focus on autonomy and growth, you'll have the resources of a well-capitalized insurer at your disposal, alongside competitive compensation, generous vacation, and a comprehensive benefits package. The work culture promotes collaboration and visibility, ensuring that your contributions are recognized and impactful in shaping the future of Marine underwriting in Canada.

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Contact Details:

DGA Careers Inc. Recruitment Team

We think you need these skills to ace Underwriting Manager in Toronto

People Leadership
Coaching and Mentoring
Performance Management
Development Planning
Underwriting Experience
Construction and Contracting Knowledge
Commercial Package Underwriting