Job Description

Job Title: Commercial Underwriter
Location: Toronto, ON (Hybrid)
Role Type: Permanent
Hours/Days of Work: Monday to Friday, 9:00 AM – 5:00 PM

Why Join Us?
Are you ready to advance your career with a company that combines the stability of a well-established insurance brokerage with a forward-thinking approach to growth and innovation? Our client is passionate about fostering a culture of excellence, collaboration, and professional development.

Join a team where your expertise is valued, your ideas are heard, and your contributions directly shape the future of our success.

Why You Should Apply

• Opportunities for professional growth and development
• Competitive salary and benefits package
• Comprehensive benefits plan
• RRSP matching program
• 100% tuition reimbursement for courses and training relevant to the business

Position Overview
As a Commercial Underwriter, you will work closely with internal teams, brokers, and insurance partners to evaluate, assess, and manage commercial risks. Your expertise will play a critical role in facilitating underwriting decisions, providing guidance to stakeholders, and ensuring compliance with underwriting standards while contributing to the company’s growth and operational excellence.

Responsibilities

• Risk Assessment: Analyze and evaluate new business, renewals, and endorsements to determine risk acceptability, coverage, and pricing.
• Underwriting Decisions: Provide comprehensive underwriting decisions and negotiate terms with brokers and partners.
• Collaboration: Cultivate strong relationships with brokers and internal teams to support a collaborative work environment.
• Technology Utilization: Utilize systems and platforms to maintain accurate records and ensure efficient workflows.
• Market Insight: Stay informed about market trends, carrier appetites, and industry developments to provide strategic insights.
• Process Improvement: Continuously review and enhance underwriting processes to align with company goals and regulatory requirements.
• Documentation: Prepare proposals, endorsements, and other necessary documentation with accuracy and professionalism.
• Support and Guidance: Mentor and guide less experienced team members in underwriting best practices.
• Compliance: Ensure adherence to all underwriting guidelines and regulatory standards.
• Additional Duties: Undertake other duties and projects as assigned.

Qualifications

• Education: Post-secondary education is preferred.
• Licensing & Experience:
  • Minimum of 5 years of experience in commercial underwriting.
  • Professional designations such as CIP, CRM, or equivalent are an asset.
• Skills:
  • Strong analytical, organizational, and communication skills.
  • Comprehensive understanding of carrier appetites and underwriting practices.
  • Advanced proficiency in Outlook, Excel, Word, PDF, and underwriting systems.
• Mindset:
  • Proactive, detail-oriented, and capable of managing multiple priorities effectively.

At Leap, we are an Equal Opportunity and Affirmative Action employer. That means all applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status. Leap will not tolerate any discrimination or harassment based on any of these characteristics. Leap encourages applicants of all ages.