HSB Canada, part of Munich Re, is Canada's premier engineering-driven specialty insurer and provider of inspection, engineering and technology services that set the standard for excellence in the market. Our constantly evolving offerings lead the market in cyber, equipment breakdown, renewable energy, technology services, engineering based risk management and inspection services. We bring technical expertise to help our clients stay ahead of complex, emerging and technology-based risks. We dare to think big and we are continuously innovating on behalf of our clients. We recognize Diversity, Inclusion, and Belonging as key priorities and a culture that welcomes different thoughts and opinions.

HSB is much more It’s insurance. Engineering. Technology. To learn more about us, please visit

Primary Objectives

The Sr Corporate Underwriter Specialist – Underwriting Excellence provides expert-level underwriting oversight, audit, and governance across Managing General Agents (MGAs), brokers, and internal underwriting teams. This role ensures underwriting practices comply with delegated authority agreements, underwriting guidelines, regulatory requirements, and enterprise risk standards, while driving continuous improvement in underwriting quality and effectiveness.

The incumbent uses technical underwriting knowledge to conduct thorough audits, ensure compliance with underwriting standards, and acts as a trusted advisor to MGAs, brokers, clients, and reinsurance partners. This role requires comprehensive commercial underwriting expertise, strong analytical and audit skills,



and the ability to build credibility with diverse stakeholders.

Key Outcomes

- Deliver expert underwriting oversight and service aligned with Company guidelines and risk appetite.
- Drive measurable improvements in underwriting consistency, accuracy, and effectiveness across MGA and delegated underwriting programs.
- Execute comprehensive audit programs that identify trends, control gaps, and opportunities for improvement.
- Act as a trusted advisor to internal stakeholders, MGAs, brokers, clients, and reinsurance partners.

Job Responsibilities Underwriting Audit, Governance & Risk Oversight Audit & Analysis

Lead and execute comprehensive audit programs for MGA, broker, and internal underwriting operations, ensuring compliance with underwriting guidelines, delegated authority agreements, pricing models, and authority limits.

- Identify, assess, and document underwriting risks, exposures, deficiencies, and trends;

provide clear, actionable recommendations and track remediation.
- Conduct complex file reviews and portfolio analyses to assess underwriting quality, pricing adequacy, risk selection, coverage application, and adherence to delegated authority agreements.




- Review client compliance with Provincial and National regulations with respect to internal risk management and reporting.
- Analyze trends across audit findings to identify root causes and recommend systemic improvements to underwriting governance frameworks, processes, and controls.
- Perform risk assessments of underwriting practices providing risk ratings and prioritized recommendations.
- Lead remediation planning and track implementation of corrective actions, escalating critical issues as appropriate.
- Develop audit documentation, reporting templates, and dashboards that communicate findings and trends to key stakeholders.

Governance & Framework Development
- Contribute to the development and continuous improvement of underwriting governance frameworks and audit standards
- Contribute to the development of underwriting policies, guidelines, and authority matrices based on audit insights and industry developments

MGA, Broker & Client Engagement
- Provide timely, knowledgeable, and skilled underwriting service by responding to audit-related, underwriting, and service inquiries from MGAs, brokers, clients, and reinsurance partners.
- Lead complex discussions with MGAs, brokers, and reinsurance partners regarding audit findings, remediation requirements, and underwriting best practices.
- Partner with Business Development Representatives, Underwriting Managers, and operational teams to ensure quality, consistency, and accuracy of underwriting documentation.
- Create, review, and present underwriting findings, proposals, and recommendations to business partners and internal leadership.
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📌 Sr Corporate Underwriter Specialist (Toronto)
🏢 HSB Canada
📍 Toronto