Full-Time Senior Underwriter, Property Construction
Job Description
Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.
Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.
Starr Technical Risks Canada inc. is seeking an experienced technical property underwriter for the role of Senior Underwriter, Property Construction to facilitate the growth of Starr’s builder’s risk (construction property) book of business. This is a permanent, full time position reporting to our Toronto, Canada office located at 200 King St W Suite 1200 #16, Toronto, ON M5H 3T4, Canada. In office reporting Monday-Friday is required for this role.
Duties and responsibilities of the position:
- Solicit and review new and renewal property submission from various production sources
- Analyze submitted documentation according to company underwriting standards and guidelines and request additional information i.e. Engineering reports, CAT modeling, etc., as needed or required.
- Subject to written underwriting authority prepare and present quotation terms and conditions as submitted.
- As regards quoted terms or conditions outside underwriting authority, prepare written referral document and submit for approval to appropriate authority.
- Review and approve binding terms and conditions for new and renewal business as well as endorsements and amendments to existing policies.
- Prepare and approve insurance details for binders and reinsurance layoff sheets for underwriting assistants, in order to book and bill new and renewal accounts.
- Set up or review and approve policy forms for all new and renewal policies according to binding terms for policy issuance by U/A including endorsements.
- Review and approve final bound policy terms prior to mailing to broker/client in accordance with STARR TECH underwriting standards and guidelines.
- Prepare and approve file documentation in accordance with STARR TECH file documentation procedures.
- Prepare various Home Office reports as requested or required.
- Other duties as may be assigned by manager
Skills/Experience Required:
- Good communication skills
- 5 years plus of commercial property underwriting experience, and in particular:
- 1) Builder’s Risk (construction property) experience
- 2) Large commercial property underwriting experience
- 3) Technical property underwriting experience preferably in the Oil, Gas, Petrochemical, Heavy Industrial, Infrastructure (e.g bridge, tunnel, rail, road construction) sectors
- Post-secondary degree (Bachelor’s degree preferred)
- Insurance designation or certificate preferred
- Computer skills
- Word processing, spreadsheet utilization, and slide-show assembly and presentation
- Analytical mind
- Creativity and adaptability
- Service-oriented
- Able to work in a team environment
- Excellent organizational skills
- Travel will be necessary within the role
Salary range: $110,000-$140,000
In addition to base salary, this position is also eligible for an annual discretionary bonus based on individual performance in the role and overall company performance.
This position offers benefits such as medical, dental, and vision benefits; paid personal time off; sick pay; a RRSP Savings Plan and a NRSP Savings Plan.
To contact the recruiter directly, please email: Robert.Gilsenan@starrcompanies.com
Starr is an equal opportunity employer, which means we’ll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we’re committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.
How to Apply
Apply via our careers site at: https://starrcompanies.wd1.myworkdayjobs.com/en-US/careers/job/Senior-Underwriter---Property-Construction_JR2264 The recruiter can be contacted at: Robert.Gilsenan@starrcompanies.com256 total views, 1 today
