Join Us as a Senior Program Underwriting Specialist
Who We Are
Tokio Marine Canada (TMCan) is a Canadian early-stage entrepreneurial commercial P&C insurer based in Toronto. We partner with select brokers to deliver tailored business insurance solutions across Canada. As part of the Tokio Marine Group, we are able to collaborate under a shared framework while maintaining autonomy and local decision making.
We support Canadian businesses in taking smart risks by delivering practical insurance solutions and exceptional service through trusted broker partnerships.
The Opportunity
Reporting to the Assistant Vice President, Programs, and working closely with senior business leaders and peers support business and opportunities of various commercial lines programs in Canada via a delegated underwriting authority. It will require a creative, solutions-based approach to program underwriting, and high customer service for our delegated underwriting authority partners.
What You’ll Be Doing
-
Identify and evaluate exposures, determine the appropriate coverage, terms and conditions, limits, pricing, facultative reinsurance requirements, and negotiate with brokers and MGA’s on all new and renewal program business.
-
Assist with referrals and escalations under the Delegated Underwriting Authority of brokers and MGA’s programs
-
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, MGA’s and partners
-
Market presentations to brokers, MGA’s 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 particularly with programs. 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 Program Senior Program Underwriter/Specialist will have:
You bring:
The ideal combination of education and experience:
-
A university degree or college diploma
-
8+ years of industry experience, program underwriting preferred
-
CIP or FCIP preferred
-
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
This posting is for an existing vacancy at Tokio Marine Canada. We are actively hiring for this position and encourage qualified candidates to apply.
Tokio Marine Canada may use AI tools during the recruitment process to assist with screening, assessment or selection of applicants for a position.
The anticipated base salary range for this position is (120,000-140,000). Compensation may vary for roles in other regions to reflect local market conditions and currency differences. At Tokio Marine Canada, our salary ranges are designed to reflect the skills, experience, and responsibilities required for each role while providing room for growth. For experienced professionals, offers are typically positioned near the midpoint of the range. The upper end of the range is reserved for individuals who consistently deliver exceptional performance and impact. Candidates who are newer to the role may start below the midpoint, with opportunities to progress as they develop. Final offer decisions take into account factors such as location, relevant experience, and individual skill set.
Life at Tokio Marine Canada
At TMCan, we’re a relationship company. We value collaboration, innovation, and inclusion, where every voice matters and every team member makes an impact. We believe in flexibility, authenticity, and growth: because when our people thrive, so does our business. TMCan offers the unique opportunity to work side by side with senior leaders, gaining direct exposure to strategic decision-making and business planning.
Our CARE values guide everything we do:
Collaborative: We communicate openly, support one another, and work as one team.
Achieving Excellence: We challenge the status quo and exceed expectations.
Responsive: We anticipate needs and deliver timely, exceptional service.
Ethical & Respectful: We act with integrity and empower our people to do the right thing.
Our Commitment to an Inclusive and Respectful Workplace
At TMCan, we are deeply committed to fostering a culture of equity, diversity, and inclusion. We strive to create a workplace where every individual is welcomed, respected, and valued for their unique identity and perspective. By embracing our differences and learning from one another, we aim to build a positive and empowering environment for all.
Tokio Marine Canada was proudly recognized as one of the Best Places to Work in Canada by Canadian HR Reporter in 2024.
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.
Tokio Marine Canada is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if TMCan hires that candidate.
