Posting Description
Business Line: Property & Casualty / Medical Malpractice
Hours Per Week: 35 (Full-Time)
Location: Toronto - 19-130 King St W, Toronto ON M5X2A2 - Hybrid Setting - 2 Days in office
Job Duration: Full-Time, Permanent, Current Vacancy
Wage Transparency: The base salary range for this position is $70,000 to $100,000. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. Actual base salary offered will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
About the Role
We are looking to recruit a Team player to join our growing Team and Professional lines/Medical Malpractice Book, your key responsibilities will be to assist in the underwriting and develop business with our Binder markets and new and existing Retail Brokers.
What You'll Do
Professional Lines - E&O;, D&O;, Medical Malpractice
Underwrite new business as presented by a broker's office
Achieve assigned monthly sales goals
Maintain the existing renewal book
Underwrite and negotiate renewals
Produce from and have an existing Broker following
Ensure Customer Service Standards are consistently met
Portfolio Management
Monitor each key Broker's results semi-annually
Monitor Underlying Portfolio results and adjust accordingly
Report directly to Senior management
Ensure Profitable risk selection
What You Bring
Experience at an MGA would be preferred
RIBO/CIP/FCIP designation or in progress, would be considered an asset
Experience with Medical Malpractice
Post-graduate degree or certification
Developed knowledge and applied experience in the application of industry legislation and regulations; knowledge of industry objectives, trends and issues
Minimum 4-5 years of commercial property and casualty underwriting experience
Demonstrable sales and marketing experience
Experience/exposure to financial management methods,
the nature of insurance risk and reinsurance costs, underwriting, claims underwriting and reinsurance
Demonstrable proficiency in underwriting basic to moderately complex books of commercial property and casualty products, including underwriting coverage, pricing, production and delivery, risk management and managing local brokerage plans
Possess strong interpersonal and communication skills
Possess excellent problem-solving and decision-making skills
Capable of making sound business decisions where there are areas of ambiguity
Possess excellent organization and time management skills with the ability to effectively multi-task
Displays confidence and composure under pressure
Able and motivated to work in cross-functional teams as well as independently
Ability to take initiative and work effectively with minimal direction
Ability to motivate self and others
Who We Are - CHES Special RiskABOUT CHES Special Risk Inc. CHES Special Risk Inc. established as a Managing General Agent and Wholesale broker in 2004, in response to Broker demand to a hardening market place, commencing with a particular specialty in the Entertainment and Hospitality business, later becoming a fully accredited Lloyd's coverholder in 2009. CHES Special Risk are a fully Independent Canadian Owned MGA delivering "A" Rated capacity both in the Hard to Place, and Standard lines classes and support their Retail Brokers in Growing and developing their businesses.
Winner of the 2016/2017 Award for MGA of the Year.
What's In It For You
NFP's PeopleFirst culture offers a multitude of benefits to employees and is a great place to call home.
A hybrid environment approach that keeps the best interests of our staff and our clients in mind
Annual bonus plan for all employees
Matching RRSP plan of 5% of salary
Referral Commission Plan
Generous benefits plan including Health Care Spending Account starting on the first day of employment
Full support for continuing education & internal opportunities to grow as an insurance professional to advance career
Reimbursement of license fees and professional membership dues A global team of industry leaders focused on employee retention, client growth, industry innovation and collaboration
Our employees are the foundation of our success.
NFP is a big company - a growing, inclusive team of individuals supporting each other's passions and engaging with the community.Building a diverse, collaborative and innovative team requires leadership, deliberate action, and ongoing measurement. We actively support the well-being of our employees with perks and programs driven by recognition, community, financial wellness tools, development and inclusion, fostering personal and professional growth that keeps us moving forward.
Beyond our office walls, we're dedicated to serving the community around us. Every day we make proactive choices to take care of the communities in which we live and work. We contribute to different organizations, including Women in Insurance Cancer Crusade (WICC), Food Banks Canada, Indspire Canada and many more. From charity drives and community service outings to other company-sponsored events, our employees donate their time and raise funds on behalf of great causes across the country.
Our business is built on the personal level. Whether it's in our offices, on a call, out in the field or anywhere you can find us in the world, we're starting the conversations that create a more secure future for everyone.
Accommodations are available on request for candidates taking part in all aspects of the selection process.Artificial Intelligence Disclosure: A.I. is not being used to screen, assess, or select applicants for the position.
📌 Senior Underwriter - CHES (Toronto)
🏢 Aon
📍 Toronto