Underwriting Specialist, Equipment Breakdown

Sovereign Insurance • Toronto, ON

7d • CA$83,774 - CA$133,700 • Hybrid

About The Position

At Sovereign Insurance, a wholly owned subsidiary of The Co-operators General Insurance Company, we believe leadership is shaped by purpose, collaboration, and meaningful contribution. When you grow, we grow — your success crowns ours. We value diverse perspectives, bold ideas, and people who lift others up. Here, your initiative matters, and your efforts help build the resilience of the Canadian businesses and communities we serve. That shared commitment strengthens our culture and moves us forward — together. That’s the Crown Effect. Reporting to the Manager, Equipment Breakdown, the Underwriting Specialist, Equipment Breakdown will use their technical skills along with strong business acumen to grow brand presence. The Specialist will be looked upon to build a book of business while working closely with the other line of business teams to provide clients with a comprehensive insurance solution. The ability to work independently, as well as collaboratively in a team, is paramount, as is the passion to develop creative ideas in seeking out new opportunities.

Requirements

• 7+ years of experience working in the Equipment Breakdown or P&C space with proven experience underwriting new business.
• Proven experience building lasting relationships with broker partners.
• Strong analytical skills with an understanding of specific metrics to support effective portfolio management analysis.
• Proven project and change management skills with the ability to deliver on deadlines and adapt to changing priorities.
• Detail oriented work that requires a high degree of mental concentration for extended periods of time.

Nice To Haves

• Having or working towards CIP/CRM designation an asset.
• You have an innovative mindset to improve operational efficiencies and ability to influence change, with a primary focus on client needs.
• You use critical thinking skills to recognize assumptions, evaluate arguments, draw conclusions and proactively propose solutions.
• You have strong communication skills to clearly convey messages and explore diverse points of view.
• You build trusting relationships and provide guidance to support the development of colleagues.

Responsibilities

• Managing and growing a profitable portfolio in accordance with our underwriting philosophy and guideline, rating, loss ratio objectives, with accountability for new business, renewal retention and endorsements, aligned to our target appetite and growth objectives.
• Building the brand. Developing positive and constructive relationships with brokers and business partners with a focus towards expanding market penetration.
• Establishing and maintaining strong relationships with key clients to deliver account support, and customized client focused proposals.
• Working with partners and peers to prepare quotations and negotiate coverage or rates as applicable, offering creative solutions that offer a mutually beneficial outcome.
• Monitoring progress towards personal and business targets / goals.
• Supporting continuous improvement and product development by providing constructive feedback and insights on product offerings, tools and/or resources.

Benefits

• Training and development opportunities to grow your career.
• Flexible work options and paid time off to support your personal and family needs.
• A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.
• Paid volunteer days to give back to your community.
• In addition to our competitive salary and incentive programs, eligible employees also benefit from a comprehensive total rewards package including group retirement savings plans, pension and benefits (e.g., health and wellness, dental, disability and life coverage), mental health support and an employee assistance program.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed