About the Role
We’re hiring a Sr. Underwriting Specialist – Programs to grow our Micro/SME Commercial Insurance Solutions team. Working in a small team, you’ll collaborate with business leaders and DUA partners to deliver creative, solutions-driven underwriting.
Responsibilities
- Evaluate program opportunities and determine coverage, terms, pricing
- Negotiate new and renewal program business with brokers and MGAs for digital and non-digital programs
- Handle referrals and escalations under DUA agreements and from TM Canada brokers
- Provide input for new insurance wordings and agreements
- Monitor portfolio performance, manipulate data and determine trends in collaboration with Actuarial and Claims colleagues
- Ensure documentation meets departmental standards
- Foster strong relationships with reinsurers, brokers, MGAs, and Claims partners
- Deliver market presentations and support business development
- Collaborate across business lines for a multi-line approach
- Ongoing learning and updating of changes in marketplace, insurance trends, and litigation
- Developing, maintain, and enhance underwriting manuals and contribute expert knowledge to process documentation
- Working closely with internal stakeholders in building and implementing Micro/SME strategy
- Promoting the Tokio Marine Canada brand, working closely with various business units including the broader Commercial Insurance team and Professional and Financial Solutions
- Assist with broader company tasks as needed
- Possibility of travel up to 10%
Requirements
- A university degree or college diploma preferred
- 7+ years of commercial underwriting experience (programs preferred)
- CIP or FCIP designation (preferred)
- Strong stakeholder management and organizational skills
- A customer-first mindset and collaborative spirit
- Comfort in a dynamic, evolving environment
- Experience with insurance portals, and digital insurance distribution in the P&C insurance market
- A keen interest in underwriting technology and AI in insurance
- The ability to partner with our staff within different lines of business
- A proven ability to manage multiple priorities and meet deadlines, driving for results
- Strong written and verbal communication skills
- Proficiency in Microsoft Office (Word, Excel, PowerPoint, Teams, and Outlook)
- Bilingual (English/French) preferred but not required
Skills
- Commercial underwriting
- Program underwriting
- Stakeholder management
- Organizational skills
- Customer-first mindset
- Collaborative spirit
- Insurance portals
- Digital insurance distribution
- Underwriting technology
- AI in insurance
- Microsoft Office Suite
Location
- Toronto
Work Type
- Hybrid
- Remote
Experience Level
- Senior
Education Level
- University degree or college diploma preferred
- CIP or FCIP designation preferred
Salary/Compensations
- $110,000-$135,000
About the Company
- 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.
- 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, Aspirational, Responsive, Ethical.
Equal Opportunity
- 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.
