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You will be updated with latest job alerts via emailSompo Canada Services Corp. is a whollyowned subsidiary of Sompo International Holdings Ltd. a whollyowned 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 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 Financial Lines Underwriting Professional for our Sompo International Canadian team in our Toronto Ontario office. This position will support our Canadian Domestic platform.
As a Financial Lines Underwriting Professional you will play a critical role in evaluating and analyzing D&O Fiduciary Crime and EPL Liability insurance risks for a wide range of clients in Canada. You will assess risk factors determine coverage and pricing and collaborate with other stakeholders to develop and implement underwriting strategies that align with the companys goals and guidelines.
Our business your impact our opportunity:
What youll be doing:
Review and analyze management liability insurance submissions including D&O Fiduciary Crime and EPL Liability insurance risks.
Evaluate and analyze historical loss data risk management practices financials and other relevant information to determine appropriate coverage terms conditions and pricing.
Collaborate with brokers and clients to provide risk management advice and develop comprehensive insurance programs that meet their needs.
Negotiate policy terms conditions and pricing with brokers and clients while adhering to underwriting guidelines and profitability targets.
Underwrite new and renewal book of business.
Stay uptodate with market trends industry developments and regulatory changes to effectively assess risk exposures and determine appropriate coverage solutions.
What youll bring:
Bachelors Degree or relevant work experience.
Financial lines underwriting experience preferably in the Canadian market.
Management liability products background including D&O Fiduciary Crime and EPL Liability.
Professional designations such as Chartered Insurance Professional (CIP) Fellow Chartered Insurance Professional (FCIP) CRM preferred
Excellent communication skills both written and verbal with the ability to interact effectively with clients brokers and internal stakeholders.
Knowledge of Canadian insurance regulations and market trends.
Ability to travel as required
French language skills are a plus
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 www.sompointl
Required Experience:
Unclear Seniority
Full-Time