Job Title

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda U.S. U.K. Continental Europe and Asia we recognize that our success is derived directly from those who matter the most : our people . At Sompo International our values of integrity collaboration agility execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow we strive to find diverse innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels in multiple business areas in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive with excellent family friendly policies and flexible working provisions. Job Description Sompo Canada Services Corp. is a wholly-owned subsidiary of Sompo International Holdings Ltd. a wholly-owned subsidiary of Sompo Japan Insurance Inc. and is a member of the Sompo Holdings Inc. (Sompo) group of companies. Sompo is a financial services holding company organized under the laws of Japan whose shares are listed on the Tokyo Stock Exchange. Sompo through various operating subsidiaries is one of the largest property and casualty insurance groups in the Japanese domestic market. In addition Sompo is engaged in the provision of insurance services as well as other related services through its global network of businesses operating in 32 countries around the world. Sompo International is the trade name for the global specialty property and casualty insurance and reinsurance operations of Sompo outside of Japan. In Canada Sompo International is the brand under which Sompo Japan Insurance Inc. Canada Branch operates its Canadian insurance business. That trade name is also used by our other offices in Bermuda the United States the United Kingdom Continental Europe and Asia. Sompo International underwrites agriculture professional lines property marine and energy and casualty and other specialty lines of insurance and catastrophe property casualty professional lines weather risk and specialty lines of reinsurance. As a leading global provider of insurance and reinsurance we recognize that our success is derived directly from those who matter most : our people. At Sompo International a shared commitment to integrity teamwork agility execution and excellence define our culture and we strive to create exceptional value for our clients and shareholders and maintain Sompo International as a desirable place to work Join us as we expand our Canadian insurance business! Help build the best commercial underwriting team in Canada. Join an organization where our people have the opportunity to be their best and provide clients with innovative solutions to help support their growth. We are seeking a Senior Underwriter Property for our Sompo International Canadian team in our Toronto Ontario office. This position will support our Canadian Domestic platform. Job Summary : As a Property Underwriter you will play a critical role in evaluating and analyzing property insurance risks for a wide range of Canadian clients. In this pivotal role youll evaluate and analyze diverse property insurance risks for clients across Canada crafting tailored insurance solutions to balance risk and exposure with profitability. Youll be at the forefront of shaping underwriting strategies working collaboratively with a talented network of stakeholders to drive innovation profitability and alignment with our companys vision. Were seeking a self-starter with a passion for excellencesomeone who thrives on challenges and is eager to build a profitable book of business in a rapidly changing insurance landscape! Duties and Responsibilities : Evaluate and underwrite property insurance risks including conducting risk assessments analyzing data reviewing applications and determining coverage and pricing. Collaborate with brokers and clients to gather information clarify requirements and negotiate terms and conditions. Develop and maintain relationships with clients brokers and other stakeholders to drive new business opportunities and build a strong book of business. Provide technical expertise and guidance to junior underwriters including reviewing their work providing feedback and mentoring to ensure quality underwriting decisions. Stay updated with industry trends regulatory changes and market conditions to identify potential risks and opportunities. Participate in market analysis including competitor analysis rate monitoring and identifying potential market niches. Collaborate with cross-functional teams such as claims risk engineering and legal to assess and manage risks resolve issues and optimize business outcomes. Provide excellent customer service by promptly responding to inquiries addressing concerns and resolving issues in a professional and timely manner. Contribute to the achievement of business targets including premium growth profitability and customer satisfaction. Participate in training professional development and knowledge-sharing activities to stay updated with industry best practices and enhance underwriting skills. This is a Toronto based role with a National mandate so marketing and travel to different regions to meet with our brokers and clients is encouraged. Qualifications include : Bachelors Degree or relevant work experience. 5-7 years of experience in property underwriting preferably in the Canadian market. Professional designations such as Chartered Insurance Professional (CIP) Fellow Chartered Insurance Professional (FCIP) CRM would be an asset Knowledge of property insurance products coverages underwriting guidelines and risk assessment techniques. Ability to analyze data interpret financial statements and utilize underwriting tools and software. Excellent communication skills both written and verbal with the ability to interact effectively with clients brokers and internal stakeholders. Strong negotiation skills with the ability to balance profitability and risk management. Ability to work independently and collaboratively in a fast-paced environment with changing priorities. Knowledge of Canadian insurance regulations and market trends. Ability to travel as required French language is an asset This job description outlines the general nature and level of work performed by individuals assigned to this position. It does not restrict the managements right to assign or reassign duties and responsibilities to this job at any time. Sompo International offers a competitive salary comprehensive benefits package and opportunities for professional growth and development. Sompo International is committed to employment practices including recruitment and hiring practices that are inclusive and accessible. Accommodations for individuals with disabilities are available. Should you require accommodation please contact human resources at . Visit our website at Required Experience : Senior IC Key Skills Administration,ABAP,Arabic Faculty,Facility Management,Health And Safety Management,Accident Investigation Employment Type : Full-Time Experience : years Vacancy : 1 Create a job alert for this search #J-18808-Ljbffr