Ontario Facultative underwriter Jobs – 8 Openings This Week

Facultative Underwriter
Farm Mutual Reinsurance Plan Inc —Cambridge, ON
- $90,000–$120,000 a year
- Hybrid work
- Bachelor's
- Communication skills
Quick apply
4d
Senior Portfolio Manager, TA&A Retrocession
SCOR —Toronto, ON
- $87,000–$106,000 a year
- Hybrid work
- Microsoft Excel
- Microsoft Office
- Finance
- Designated paid holidays
- Disability insurance
Senior Commercial Insurance Production Underwriter, New Business P&C
Beneva —Mississauga, ON
- $89,719–$112,149 a year
- Full-time
- Hybrid work
- Bachelor's
- Travel
- Paid time off
11d
Senior Commercial Insurance Production Underwriter, New Business P&C
L’Unique —Mississauga, ON
- $89,719–$112,149 a year
- Full-time
- Hybrid work
- Bachelor's
- Travel
- Paid time off
Commercial Underwriter
CUMIS General Insurance Company —Burlington, ON
- $69,765 a year
- Hybrid work
- English
- Communication skills
- Paid time off
Quick apply
3d
Senior Program Underwriting Specialist
Tokio Marine Canada Ltd —Toronto, ON
- $120,000–$140,000 a year
- Hybrid work
- Microsoft Powerpoint
- Microsoft Word
- Microsoft Excel
Quick apply
Multinational Client Executive
AIG Insurance Company of Canada —Toronto, ON
- $72,000–$92,000 a year
- Full-time
- Microsoft Word
- Microsoft Excel
- Microsoft Outlook
Quick apply

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Facultative Underwriter

Farm Mutual Reinsurance Plan Inc -
Cambridge, ON

Quick apply

Job details

Permanent
$90,000–$120,000 a year
4 days ago

Qualifications

Bachelor's
Communication skills

Full job description

Farm Mutual Re is a mutual reinsurer that offers tailored reinsurance solutions for varied insurance lines and helps mutual insurers keep their promises by providing financial stability and insurance capacity. Recognized as Waterloo Area’s Top Employers 2026, Southwestern Ontario’s Top Employers 2026, and Canada’s Greenest Employer 2026, we remain committed to making a meaningful impact on our members, customers, employees, and business partners. Our values of care, trust, courage, and sustainability foster a sense of belonging and guide our decisions and actions.

The Opportunity

Reporting to the Manager, Facultative Reinsurance, the Facultative Underwriter is responsible for evaluating and managing property and casualty reinsurance risks, negotiating facultative placements, and ensuring alignment with underwriting guidelines and contractual obligations. The role applies underwriting judgment to make sound reinsurance decisions and provide guidance to internal and external interested parties on underwriting standards, policy wordings and pricing. It is an underwriting role focused on complex risk evaluation, sound decision making, and balancing collaboration with independent work.

This position offers a hybrid work environment, with a primary corporate office in Cambridge and access to a satellite office in Toronto.

As the successful candidate, you will:

Evaluate and underwrite property and casualty reinsurance risks in line with guidelines and risk appetite
Analyze submissions and determine appropriate terms, pricing, and placement for facultative risks
Negotiate and place facultative reinsurance with our members
Ensure compliance with underwriting guidelines, contractual requirements, and internal standards
Apply sound judgment to assess complex risk and escalate more complicated issues when needed
Provide guidance on policy wording, rates, and underwriting practices to members and partners
Build and maintain effective relationships with internal teams, members, and external partners
Contribute to projects, process improvements, and training initiatives
Support junior staff through informal guidance and knowledge sharing

Your Skills and Qualifications

You have a bachelor’s degree or diploma in a related insurance program and/or related experience, CIP certification preferred
You have 5-7 years of experience in property and casualty underwriting, experience in agriculture or commercial underwriting considered an asset
Strong communication skills, with the ability to clearly explain underwriting decisions and technical concepts to internal and external business partners
High attention to detail, ensuring accuracy in risk analysis, contract review, and documentation
Analytical mindset, able to interpret data, identify trends, and assess risk to support sound decisions

This posting represents an existing vacancy within our organization.

Salary Range

The expected base salary range for this position is $90,000 - $120,000.

The actual salary will be determined based on factors including but not limited to, market conditions, relevant experience, job related knowledge, skills, abilities, qualifications, and education.

Employees may also have the opportunity to participate in incentive programs to earn additional compensation. Incentive compensation is tied to established business and individual performance targets.

What’s in it for you?

Flexible hybrid work environment, which balances remote and in-office work
A comprehensive wellness plan, including personalized health coaching, fitness classes, and access to an on-site gym
Ongoing professional development opportunities, such as paid education, training, certifications, mentorship programs, and personalized career development plans
Paid volunteer day to give back to your community
In addition to our competitive salary, employees also receive exceptional employer-paid benefits, a defined benefit pension plan, and more to support their future

How to Apply

Select Apply now to submit your application.

Farm Mutual Re is committed to creating an equitable, diverse, and inclusive work environment for all. We provide accommodations that help achieve a barrier-free workplace. If you require an accommodation to participate in the recruitment process, please contact [email protected] (mailto:[email protected]).

We may use artificial intelligence to support elements of the recruitment process. While these tools assist our teams, our use of AI does not replace human decision making.

Quick apply

Refine Your Search

facultative underwriter jobs in ontario

Facultative Underwriter

Senior Portfolio Manager, TA&A Retrocession

Senior Commercial Insurance Production Underwriter, New Business P&C

Senior Commercial Insurance Production Underwriter, New Business P&C

Commercial Underwriter

Senior Program Underwriting Specialist

Multinational Client Executive

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