Underwriter, D&O at Berkley | Toronto | Rezi

Underwriter, D&O at Berkley

Underwriter, D&O

Berkley · Toronto

1 months ago

Underwriter, D&O

Berkley · Toronto

a month ago
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About the Role

This is an excellent opportunity to develop as a high-impact Financial Lines underwriter, with exposure to a broad range of public and private company D&O risks. The role allows you to apply analytical judgment, commercial creativity, and market insight to deliver tailored risk solutions for brokers and clients. Working across small, mid-sized, and large corporate accounts, the successful candidate will support the continued growth and profitability of the D&O portfolio while contributing to the unit’s broader strategic objectives.

Responsibilities

  • Underwrite new and renewal D&O business for public and private company risks, applying sound judgment to risk selection, pricing, structure, and coverage terms within delegated authority.
  • Analyze submissions, including financial statements, public disclosures, ownership structures, litigation, transaction activity, governance considerations, and industry-specific risk factors.
  • Negotiate pricing, terms, conditions, endorsements, and policy structures tailored to client risk profiles, broker needs, and market conditions.
  • Build and maintain strong broker relationships.
  • Participate in broker and client meetings, providing thoughtful risk insights and clearly articulating underwriting rationale.
  • Handle underwriting matters, including manuscript policy language, bespoke endorsements, coverage amendments, and emerging product needs, in collaboration with legal, claims, and leadership.
  • Manage and grow a profitable portfolio, with accountability for renewal retention, new business development, pricing discipline, and capacity deployment.
  • Stay current on legal, regulatory, securities litigation, governance, economic, and market developments impacting D&O exposures.
  • Maintain high-quality underwriting files that clearly document risk assessment, pricing rationale, coverage considerations, approvals, and compliance with internal guidelines and reinsurance requirements.

Requirements

  • University degree or equivalent professional experience.
  • CPA or CFA, completed or in progress (asset).
  • Comfort leveraging technology, data, and AI-enabled tools, including Microsoft Copilot.
  • Proficiency with Microsoft Office Suite (Word, Excel, Outlook).
  • Familiarity with S&P CapIQ and financial analysis tools (asset).
  • Strong communication, negotiation, and relationship-building skills.
  • Effective time management skills.
  • Strong analytical ability, including comfort reviewing financial statements, public disclosure, ownership structures, litigation, and transaction activity.

Skills

  • Leveraging technology, data, and AI-enabled tools (e.g., Microsoft Copilot)
  • Microsoft Office Suite (Word, Excel, Outlook)
  • S&P CapIQ
  • Financial analysis tools
  • Communication
  • Negotiation
  • Relationship-building
  • Time management
  • Analytical ability
  • Financial statement review
  • Public disclosure review
  • Ownership structure review
  • Litigation review
  • Transaction activity review

Work Type

  • Full-time

Education Level

  • University degree
  • CPA (completed or in progress)
  • CFA (completed or in progress)

Salary/Compensations

  • $75,000 - $105,000

Benefits

  • Annual discretionary bonus eligibility
  • Health coverage
  • Dental coverage
  • Life insurance
  • STD (Short-Term Disability)
  • LTD (Long-Term Disability)
  • Critical illness insurance
  • EAP (Employee Assistance Program)
  • Professional development support
  • Vacation
  • Paid time off
  • RRSP plan contributions

About the Company

  • Berkley Canada is a boutique Specialty and Accident, Health & Travel Insurer.
  • Mission to be the best for employees, customers, and shareholders.
  • Generates better experiences and outcomes for stakeholders.
  • Strategy: empower industry experts to serve specific niches.
  • Encourages innovation and new opportunities.

Equal Opportunity

  • All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or any other legally protected basis, in accordance with applicable law.