At a Glance
- Tasks: Underwrite technology-focused risks and collaborate with a dynamic team.
- Company: Join Definity, a leading and innovative insurance company in Canada.
- Benefits: Enjoy hybrid work, competitive salary, and wellness programs.
- Other info: Inclusive culture that values diversity and supports personal growth.
- Why this job: Make an impact in the tech insurance space while growing your career.
- Qualifications: University degree or diploma with 3-5 years of relevant experience.
The predicted salary is between 59300 - 109200 $ per year.
The Opportunity
This role is an Underwriter within the Technology Underwriting team, as part of Specialty Insurance.
The successful candidate will underwrite technology-focused risks across property, casualty, cyber, and errors & omissions lines, including the placement of cross-border business.
This position is highly collaborative, working closely with a team to develop tailored solutions.
A genuine curiosity and interest in underwriting unique risks will be an asset.
Job Description
The Opportunity
This role is an Underwriter within the Technology Underwriting team, as part of Specialty Insurance.
The successful candidate will underwrite technology-focused risks across property, casualty, cyber, and errors & omissions lines, including the placement of cross-border business.
This position is highly collaborative, working closely with a team to develop tailored solutions.
A genuine curiosity and interest in underwriting unique risks will be an asset.
- What To Expect
- Responsibility for growth and retention of an assigned book of renewal business.
- Assessing and quoting new business submissions, within assigned underwriting authority.
- Negotiating renewal terms and conditions for risks with broker partners.
- Creating meaningful relationships and promoting the Technology vertical with internal partners.
- Developing strong relationships with broker partners, including broker visits, marketing calls, production meetings, etc.
- Become a trust resource for Technology brokers to build reputation and success in the marketplace.
- Mentoring and supporting fellow underwriters within the team.
- Perform other duties as assigned.
What You Bring
- University degree or college diploma
- Three to five years of relevant insurance or underwriting experience in P&C underwriting
- Experience in or willingness to learn about cyber and errors and omissions insurance
- Team player, adaptable to changes
- Strong sales acumen
- Strong problem-solving skills
- Chartered Insurance Professional (CIP) or other insurance-related designations considered
- an asset.
- Strong written and verbal communication skills
- French language skills considered an asset
- Salary Range
- $59,300-$109,200
About Us
Actual salary for the role may vary depending on work location of the successful candidate and other factors including but not limited to, skills, education, experience, working conditions and the local labour market.
This position is being posted to fill an existing vacancy.
At Definity, inclusion, diversity, and equity aren’t just 'nice to have' — they’re essential to our success.
Go ahead and expect a lot — you deserve it.
It’s better here — but don’t take our word for it. Definity was named by Great Place to Work® as one of the Best Workplaces™ in Canada for women, for youth, and for inclusion.
Our inclusive work environment welcomes diversity and supports accessibility.
If you require accommodation at any time during the recruitment process, please let us know by contacting accessibility@economical. com.
As part of Definity’s commitment to reconciliation, we acknowledge that our work, meetings, and travel take place on the lands now known as Canada, and recognize the enduring presence, wisdom, and stewardship of the First Nations, Métis, and Inuit peoples who have long cared for these lands.
What’s in it for you?
- Hybrid work schedule for most roles
- Company share ownership program
- Incentive Program - Eligible employees may participate in various incentive plans which are paid out at the discretion of the company and subject to individual and company performance.
- Pension and savings programs, with company-matched RRSP contributions
- Paid volunteer days and company matching on charitable donations
- Educational resources, tuition assistance, and paid time off to study for exams
- Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents
- Wellness and recognition programs
- Discounts on products and services
- Background checks
This role requires successful clearance of background checks (including criminal checks and leadership references).
About The Team
Economical is part of Definity, which includes some of Canada’s most long-standing and innovative insurance brands, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance.
Our ambition is to be one of Canada’s leading and most innovative property and casualty insurers.
We can’t do that without our people, so we embrace and encourage a culture that’s collaborative, ambitious, rewarding, and empowering.
We offer a flexible, hybrid work experience where employees work from the office and virtually depending on the type of work they are doing and who they are working with.
Bring your true self and be a part of our journey.
It’s better here.
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Commercial Lines Underwriter (Technology) in Toronto employer: Economical Insurance
Definity is an exceptional employer that prioritizes a culture of collaboration and continuous improvement, making it an ideal place for professionals seeking to make a meaningful impact in the insurance industry. With a strong focus on employee growth and development, team members are encouraged to enhance their skills while contributing to strategic initiatives that drive operational excellence. The hybrid work model offers flexibility, allowing employees to balance their professional and personal lives effectively, all while being part of a dynamic leadership team dedicated to upholding the highest standards of quality and compliance.
