Underwriter, Specialty Risk at Northbridge Financial Corporation | Toronto | Rezi

Underwriter, Specialty Risk at Northbridge Financial Corporation

Underwriter, Specialty Risk

Northbridge Financial Corporation · Toronto

4 days ago

Underwriter, Specialty Risk

Northbridge Financial Corporation · Toronto

4 days ago
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About the Role

Our Marine Underwriters collaborate with Broker partners to assess, price, and underwrite Marine insurance risks, including cargo, hull, and marine liability. This role is designed for an early-career underwriter with a commercial insurance background seeking to specialize in Marine underwriting within a leading Canadian insurer. It offers hands-on experience in risk selection, pricing strategy, and portfolio management, with training and mentorship to develop underwriting authority.

Responsibilities

  • Support the underwriting of Marine risks, including transit-based exposures and complex coverage structures, in accordance with established guidelines.
  • Analyze exposure, data quality, pricing adequacy, and coverage structure, including Marine policy wordings and clauses.
  • Collaborate with Underwriters, Corporate Underwriting, and Actuarial Pricing teams to ensure appropriate risk selection and pricing.
  • Maintain high underwriting and service standards.
  • Build strong relationships with Broker partners.
  • Apply market knowledge on the carrier side to underwrite complex Marine risks.
  • Influence pricing and coverage decisions.
  • Develop long-term technical expertise within a specialist portfolio.

Requirements

  • Commercial insurance underwriting fundamentals
  • Risk assessment, analysis, and decision-making skills
  • Ability to build and maintain strong Broker relationships
  • Willingness to learn and apply technical underwriting concepts
  • Clear communication and collaboration skills
  • 1–5 years of underwriting experience, ideally within commercial lines, with relevance to Marine or specialty risks
  • Exposure to Marine insurance (underwriting, brokerage, MGA, or claims) is strongly preferred, or a genuine interest in specializing in Marine
  • Foundational understanding of how commercial insurance works
  • Strong customer service mindset
  • Team-first, eager-to-learn attitude
  • Completed, or currently pursuing, CIP (FCIP, CRM, or other designations are an asset)
  • Bilingualism (English/French) is considered a strong asset
  • Readiness for the next step in a career, seeking to move closer to underwriting decisions, technical development, and long-term career progression on the carrier side.

Skills

  • Commercial insurance underwriting
  • Risk assessment
  • Risk analysis
  • Decision-making
  • Relationship building
  • Technical underwriting concepts
  • Clear communication
  • Collaboration
  • Customer service
  • Marine insurance

Location

  • Hybrid

Work Type

  • Hybrid
  • Full-time

Experience Level

  • Early-career
  • 1-5 years

Education Level

  • CIP
  • FCIP
  • CRM

Salary/Compensations

  • $67,000 - $100,000

Benefits

  • Hybrid work model (50/50 office/home)
  • Competitive salaries
  • Employee share purchase plan
  • Pension plans
  • RRSP
  • Discounts on staff insurance
  • Flexible health benefits
  • Early leave days
  • Wellness programs
  • Rewards and recognition programs
  • Education assistance
  • Internal mobility
  • Leadership training
  • Mentoring programs
  • Donation matching
  • Team volunteer days
  • Total Rewards program

About the Company

  • Northbridge Insurance works with Canada's most trusted commercial broker networks and is a leading commercial insurance provider in Canada.
  • Employees are dedicated to understanding customer needs and creating solutions for a safer and brighter future for Canadian businesses.
  • Northbridge Financial embraces and celebrates individuality and is committed to creating an inclusive workplace for all.

Equal Opportunity

  • Northbridge Financial embraces and celebrates you and are committed to creating an inclusive workplace for all! No matter who you are or what makes you unique, we welcome you. Please let us know how we can assist or accommodate you during the selection process.