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26 Oct 2022

Full-Time Senior Underwriter, Ocean Marine

Insurance Career Network – Posted by Monica Toronto, Ontario, Canada

Job Description

Underwriting: Analyzing Risk and Placing Business

Maintain knowledge of carriers’ underwriting guidelines and/or brokerage markets
Obtain adequate underwriting information for quoting, binding, and issuing
Review coverage requirements, prices, and conditions
Negotiate prices, terms, and conditions
Submit quality submissions to markets
Provide consultation to brokers regarding differences between quotes and coverages
Promptly review inspections to verify quality of risk
Ensure all renewal business is reviewed and quoted appropriately
Ensure all files are documented properly to avoid potential E&O’s
Maintain carrier relationships
Stay abreast of underwriting practices and maintain licenses and certifications
Delegate basic underwriting responsibilities to other Underwriters on the team and groom them for ownership of a novice book of business
Sales: Client Relations & Strategic Business Development

Identifies new growth opportunities with key brokers and ensure they are qualified and meet with the organization’s appetite
Develops and executes continuous product development initiatives by identifying areas of opportunity and creating new products that continue to differentiate Company in the marketplace
Develop broker clientele by networking to identify new clients and generate lists of prospective focus brokers
Conduct marketing visits to build broker relationships and advertise Company offerings
Maintain existing broker relationships to solicit renewals and generate new business
Build and develop markets/relationships
Develop marketing strategies to compete with other companies
Utilize other Company offices via referrals to place business
Ensure prompt and courteous client service is provided to all agents and brokers
Delegate the sales, marketing, relationship management responsibilities to other Underwriters on the team and groom them for ownership of a novice book of business
Management: Supervising and Managing a Team of Associates and other Producers

Builds a high performing and engaged team, with strong emphasis on development, coaching and supporting team members to achieve their career goals
Regularly coaches team members, strengthening their underwriting and client support capabilities, and ensuring consistency in decision making across the unit
Contribute to the selection, hiring, and promotion of producers and associates on your team
Manage performance of team and ensure accountability, discipline, and recognition
Define benchmarks for success and performance goals for team
Set agenda and manage priorities and workload of associate underwriters on your team
Build team engagement with activities and management techniques
Train, develop, and nurture underwriters and associate underwriters on the team – skill, process knowledge, competency
Provide guidance and mentorship to other producers in the office or region
Cultivate trust, lead by example, and maintain an open door for team
Conduct regular 1:1s with each direct report


Bachelor’s degree or equivalent combination of education and experience
CIP or equivalent industry experience
Provincial License or eligibility for obtaining
High Industry Participation
7 years of Marine Insurance experience
3 years of supervisory experience preferred
Significant underwriting expertise strongly preferred
Strong knowledge of domestic and international Marine markets
Strong product development capabilities
Leadership training an asset

Compensation Package

Competitive base compensation & highly lucrative sales incentive bonus plan
Health benefits
Employer matched RRSP
Employer paid continuing education courses, designations and licensing
Many opportunities for career advancement

How to Apply

Insurance Career Network is a recruitment firm focused exclusively on the insurance industry.  Our relationships, knowledge and leading experience enable us to connect leading insurers, brokerage firm and independent adjusting firms with the most talented candidates for each role. Since 1991, we have been building and nurturing relationships and with over 13,000 registered candidates, we can tap into our highly technical experience for our clients.  Our recruiters come directly from insurance related positions and bring a wealth of knowledge to each recruitment assignment. TO APPLY: Register and submit your resume to or call Monica for more information 416 703-5120 ext 201

Job Categories: Underwriting. Job Types: Full-Time.

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