LocationToronto, CanadaJob typeFull-TimeWork modeHybridJob levelProfessionalJob ID12514CompanyHSB CanadaEmployment typeRegularArea of expertiseClaims & Underwriting

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 www.hsb.ca

Primary Objectives:

The Corporate Underwriter promotes underwriting excellence and ensures compliance with the organization’s underwriting risk appetite through the review and handling of Corporate Underwriting (CU) referral accounts and portfolios in accordance with established guidelines.

This role provides underwriting support to the Treaty, Strategy, and New Products teams, contributes to the development and maintenance of underwriting guidelines and policy forms, supports underwriting audit activities, and assists with research initiatives to enhance underwriting standards. The Corporate Underwriter also supports the ongoing management of Corporate Underwriting SharePoint tools to ensure data integrity, accessibility, and operational efficiency.

Job Responsibilities:

• Review Head Office underwriting referrals, determine appropriate underwriting actions, and establish follow-up outcomes in alignment with underwriting guidelines and risk appetite
• Perform underwriting audits to assess compliance with established underwriting guidelines, authorities, and procedures
• Assist in the review, development, and creation of unique policy formats and coverage wordings in support of business and product needs
• Assist with the management, maintenance, and accuracy of various Corporate Underwriting SharePoint tracking tools and repositories
• Participate in continuous improvement initiatives to enhance underwriting workflows, processes, and administrative efficiency

Qualifications:

• Post-secondary education required; college diploma or university degree preferred, ideally in business, finance, insurance, or a related field
• Actively pursuing or completion of the Chartered Insurance Professional (CIP) designation or an equivalent insurance credential is a strong asset
• 4+ years of Equipment Breakdown underwriting experience
• Excellent written and verbal communication skills with a strong client-focused approach
• Highly organized and detail-oriented, with the ability to prioritize and manage multiple tasks in a deadline-driven environment
• Strong analytical and problem-solving skills
• Advanced proficiency in Microsoft Office, including Excel, Word, Outlook, PowerPoint, and SharePoint
• Demonstrated ability to work collaboratively across underwriting, strategy, treaty, and product teams

Company Benefits:

Together, we engage with everything we have and are, to help humankind act braver and better. Go further with HSB.

We are pleased to offer our employees great benefits and resources to support their mental, physical and financial wellbeing. These include:

• An engaging and collaborative environment that promotes continuous learning and development
• A hybrid work environment that combines weekly in-office and remote days
• A great compensation package including an annual company bonus
• Competitive company-paid flexible health and dental benefits, starting on your first day
• Flexible dollars provided by the company to put towards a Health Spending Account and/or Wellness Spending Account
• Wellness program with tools and resources supporting your mental, physical, and financial wellbeing – on and off the job
• Participation in the DC Pension Plan with a progressive employer contribution scale based on tenure starting at 4%, plus optional company match in the RRSP plan
• Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
• Learning and development programs and resources, including unlimited access to LinkedIn Learning, Education Assistance Program, and reimbursement for professional fees
• Employee Referral Program and Recognition Program

Our base salary range for this role is between $99,450 and $116,025 per year, plus an opportunity for an annual company bonus based upon a percentage of eligible pay. The salary estimate displayed represents the typical salary range for candidates hired in this position. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to internal equity.

This role is located in our Toronto office on 390 Bay St, and we operate in a hybrid work model. This job posting is for an existing vacancy.

We do not use AI in our recruitment process - applications are reviewed by our team to ensure a fair and personalized experience.\

HSB Canada is committed to providing a work environment that is inclusive and free of employment barriers and discrimination. Accommodations will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please consult with Human Resources or contact hr@hsb.ca as soon as practical so that suitable accommodations can be arranged.

We thank all candidates for their interest; however only those selected for interview will be contacted.

##Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary

We provide fair and competitive compensation that reflects your performance and commitment.

Company performance-based Incentives

In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.

Recognition and Special Rewards

We recognise outstanding individual contributions through a variety of targeted rewards and incentives.

Retirement Planning

We support your long-term financial wellbeing with retirement solutions aligned with local regulations.

Inclusive Workplace Culture

We foster a respectful, inclusive, and values-driven environment.

Learning & Development

We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.

Work-Life-Balance

Supporting your ability to balance family, leisure, and your career.

Health & Wellbeing

We support your physical and mental health through a range of programs and activities in each location.