Skip to Main Content

Job Title


Sr Manager, Product & Underwriting


Company : Definity


Location : Toronto, Ontario


Created : 2025-08-19


Job Type : Full Time


Job Description

Join to apply for the Sr Manager, Product & Underwriting role at Definity2 days ago Be among the first 25 applicantsJoin to apply for the Sr Manager, Product & Underwriting role at DefinityDefinity is the parent company to some of Canadas 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 Canadas leading and most innovative property and casualty insurers. We cant do that without our people, so we embrace and encourage a culture thats 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. Its better here.Reporting to the AVP, Product and Underwriting, the role is responsible for leading strategic development and execution of underwriting policies, practices, and risk management for direct-to-consumer home and auto insurance products. This role ensures profitable growth, regulatory compliance, and competitive customer-centric products while fostering innovation in a digital-first environment.What can you expect from this role?Strategic LeadershipDevelop and implement underwriting strategies aligned with company operational plan and market trends.Lead underwriting initiatives to optimize pricing, risk selection, and portfolio performance.Monitor competitive landscape and regulatory changes to inform product innovation and differentiation.Collaborate with executive leadership on product development and market expansion.Operational OversightOversee day-to-day underwriting philosophy, ensuring efficiency, accuracy, and compliance.Monitor underwriting guidelines, workflows, and quality assurance protocols.Set performance goals, conduct evaluations, and implement training programs.Foster a culture of accountability, innovation, and continuous improvement.Technology & InnovationPartner with product and tech teams to enhance underwriting automation and digital tools.Leverage data analytics and AI to improve risk assessment and decision-making.Drive adoption of modern underwriting platforms and customer-centric solutions.Stakeholder CollaborationWork cross-functionally with digital, product, portfolio management, pricing, claims, marketing, analytics and legal teams.Represent underwriting in strategic planning, regulatory discussions, and partner engagements.Provide insights and reporting to senior leadership on underwriting performance and competitive landscape.What do you bring to the role?Bachelors degree in business, Insurance, Actuarial Science, or related field (MBA or CIP/FCIP designation is an asset)8+ years of progressive experience in personal insurance, with a strong focus on product management and underwritingProven leadership experience in a direct-to-consumer or digital insurance environmentStrong collaboration skills, strategic thinking and stakeholder managementDeep understanding of home and auto insurance products, pricing, and regulatory frameworksExcellent analytical and problem solving with the ability to select and implement best solutionAdvanced decision-making skillsStrong proficiency in Microsoft Office suite of productsKey CompetenciesStrategic Thinking & ExecutionRisk Management & ComplianceLeadership & Team DevelopmentCustomer-Centric MindsetDigital Fluency & InnovationCollaboration & InfluenceSalary range is $87,400 - $161,000We also take potential into consideration. If you dont have this exact experience, but you know you have what it takes, be sure to give us more insight through your application and cover letter.Go ahead and expect a lot you deserve it, and weve got it:Hybrid work schedule for most rolesCompany share ownership programPension and savings programs, with company-matched RRSP contributionsPaid volunteer days and company matching on charitable donationsEducational resources, tuition assistance, and paid time off to study for examsFocus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parentsWellness and recognition programsDiscounts on products and servicesOur 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: (email protected)Background checksThis role requires successful clearance of a background check (including criminal checks and leadership references).Seniority levelSeniority levelMid-Senior levelEmployment typeEmployment typeFull-timeJob functionJob functionProduct Management and MarketingIndustriesInsuranceReferrals increase your chances of interviewing at Definity by 2xGet notified about new Senior Product Manager jobs in Toronto, Ontario, Canada.Senior Product Manager Agentic Platform (CA)Lead Product Manager, Customer Identity and Access ManagementLead Product Manager, Customer ExperienceSr. Product Manager, NARF, Amazon CanadaSenior Product Manager, Display Ads Enablers & RelevanceToronto, Ontario, Canada CA$193,853.00-CA$207,700.00 1 month agoGroup Product Manager, Leader, Payments ServicesRichmond Hill, Ontario, Canada 3 days agoProduct Lead, Connect Risk and ComplianceSr. Product Manager, Core Experience, CoCounsel TAAWere unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr