Join Us as a Sr. Underwriting Specialist – Programs in Micro/SME Commercial Insurance Solutions

Who We Are

Tokio Marine Canada (TMCan) is a Canadian early-stage entrepreneurial commercial P&C insurer based in Toronto. We partner with select brokers to deliver tailored business insurance solutions across Canada. As part of the Tokio Marine Group, we are able to collaborate under a shared framework while maintaining autonomy and local decision making. 

We support Canadian businesses in taking smart risks by delivering practical insurance solutions and exceptional service through trusted broker partnerships.

The Opportunity

We’re hiring a Sr. Underwriting Specialist – Programs to grow our Micro/SME Commercial Insurance Solutions team. Working in a small team, you’ll collaborate with business leaders and DUA partners to deliver creative, solutions-driven underwriting. 

 What You’ll Be Doing 

• Evaluate program opportunities and determine coverage, terms, pricing
• Negotiate new and renewal program business with brokers and MGAs for digital and non-digital programs
• Handle referrals and escalations under DUA agreements and from TM Canada brokers
• Provide input for new insurance wordings and agreements
• Monitor portfolio performance, manipulate data and determine trends in collaboration with Actuarial and Claims colleagues
• Ensure documentation meets departmental standards
• Foster strong relationships with reinsurers, brokers, MGAs, and Claims partners
• Deliver market presentations and support business development
• Collaborate across business lines for a multi-line approach
• Ongoing learning and updating of changes in marketplace, insurance trends, and litigation 
• Developing, maintain, and enhance underwriting manuals and contribute expert knowledge to process documentation
• Working closely with internal stakeholders in building and implementing Micro/SME strategy. 
• Promoting the Tokio Marine Canada brand, working closely with various business units including the broader Commercial Insurance team and Professional and Financial Solutions.
• Assist with broader company tasks as needed
• Possibility of travel up to 10%

Who You Are

You’re a proactive underwriter who thrives in dynamic environments and builds strong programs. 

You bring: 

• A university degree or college diploma preferred
• 7+ years of commercial underwriting experience (programs preferred)
• CIP or FCIP designation (preferred)
• Strong stakeholder management and organizational skills
• A customer-first mindset and collaborative spirit
• Comfort in a dynamic, evolving environment
• Experience with insurance portals, and digital insurance distribution in the P&C insurance market
• A keen interest in underwriting technology and AI in insurance
• The ability to partner with our staff within different lines of business.
• A proven ability to manage multiple priorities and meet deadlines, driving for results. 
• Strong written and verbal communication skills.
• Proficiency in Microsoft Office (Word, Excel, PowerPoint, Teams, and Outlook). 
• Bilingual (English/French) preferred but not required.

This posting is for an existing vacancy at Tokio Marine Canada. We are actively hiring for this position and encourage qualified candidates to apply.

Tokio Marine Canada may use AI tools during the recruitment process to assist with screening, assessment or selection of applicants for a position.

The anticipated base salary range for this position is ($110,000-$135,000). 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.

Life at Tokio Marine Canada

At TMCan, we’re a relationship company. We value collaboration, innovation, and inclusion, where every voice matters and every team member makes an impact. We believe in flexibility, authenticity, and growth: because when our people thrive, so does our business. TMCan offers the unique opportunity to work side by side with senior leaders, gaining direct exposure to strategic decision-making and business planning.

Our CARE values guide everything we do:

Collaborative: We communicate openly and honestly as one team in a consensus culture.

Aspirational: We set high standards for ourselves, set aspirational goals and hold one another accountable.

Responsive: We act quickly and foster a culture of exceptional service and transactional excellence.

Ethical: We operate with integrity and respect.

Our Commitment to an Inclusive and Respectful Workplace

At TMCan, we are deeply committed to fostering a culture of equity, diversity, and inclusion. We strive to create a workplace where every individual is welcomed, respected, and valued for their unique identity and perspective. By embracing our differences and learning from one another, we aim to build a positive and empowering environment for all.

Tokio Marine Canada was proudly recognized as one of the Best Places to Work in Canada by Canadian HR Reporter in 2024.

We work in a hybrid model, and you should expect to split your time between working in the office and working remotely, with flexibility based on the role and the business needs.

We currently have an office in downtown Toronto and will eventually be establishing offices in other provinces. Should you currently work in a province where we do not have an office, you will remain remote until such time as we do establish an office. 

Tokio Marine Canada is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if TMCan hires that candidate.