Underwriter

Tokio Marine Canada Ltd • Toronto, ON

5d • Hybrid

About The Position

Tokio Marine Canada (TMCan) is seeking a detail-oriented Underwriter to support its underwriting team in evaluating risk, analyzing financial data, and delivering high-quality service to brokers and clients. This role is ideal for someone with strong analytical skills and a solid understanding of commercial insurance principles. TMCan is a Canadian early-stage entrepreneurial commercial P&C insurer based in Toronto, partnering with select brokers to deliver tailored business insurance solutions across Canada. As part of the Tokio Marine Group, they collaborate under a shared framework while maintaining autonomy and local decision-making.

Requirements

• Bachelor’s degree in Finance, Business, Economics, or a related field.
• 3-5 years of experience in insurance, underwriting support, or financial analysis.
• Strong analytical and quantitative skills with attention to detail.
• Proficiency in Excel and data analysis tools.
• Excellent communication and organizational abilities.

Nice To Haves

• Progress toward or interest in professional designations (e.g., CIP, CRM) is an asset.

Responsibilities

• Analyze financial statements, loss histories, and exposure data to support underwriting decisions.
• Prepare underwriting files, including risk summaries, pricing support, and documentation.
• Assist underwriters in assessing new business, renewals, and policy endorsements.
• Conduct market and industry research to identify trends impacting risk and pricing.
• Ensure data accuracy within underwriting systems and maintain organized records.
• Collaborate with brokers and internal teams to gather required information and resolve inquiries.
• Support portfolio monitoring, including tracking performance metrics and identifying areas of concern.

Benefits

• The anticipated salary range for this position is 75,000-95,000.
• Compensation may vary for roles in other regions to reflect local market conditions and currency differences.
• At Tokio Marine Canada, our salary ranges are designed to reflect the skills, experience, and responsibilities required for each role while providing room for growth.
• For experienced professionals, offers are typically positioned near the midpoint of the range.
• The upper end of the range is reserved for individuals who consistently deliver exceptional performance and impact.
• Candidates who are newer to the role may start below the midpoint, with opportunities to progress as they develop.
• Final offer decisions take into account factors such as location, relevant experience, and individual skill set.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1-10 employees