Underwriter, Property

Job Description

Are you looking for your next opportunity?

Sompo has a unique opportunity for an Underwriter in our Property team.

Our Commercial Specialty Property Canada team offers property coverage to commercial accounts with a focus on midsize to large domestic and Canadian domiciled multinational companies with a proactive approach to risk management. We pride ourselves on delivering superior risk solutions to our insureds, backed by Sompo’s exceptional financial strength. 

Location: This position will be based out of our Toronto, ON office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

Our business, your impact, our opportunity:

What you’ll be doing:

• Evaluate and underwrite property insurance risks, including conducting risk assessments, analyzing data, reviewing applications, and determining coverage and pricing.
• Collaborate and communicate, both in writing and verbally, with brokers and clients to gather information, clarify requirements, and negotiate terms and conditions.
• Develop and maintain relationships with clients, brokers, and other stakeholders to drive new business opportunities and build a strong book of business.
• Collaborate with cross-functional teams, such as claims, risk engineering, and legal, to assess and manage risks, resolve issues, and optimize business outcomes.
• Provide excellent customer service by promptly responding to inquiries, addressing concerns, and resolving issues in a professional and timely manner.
• Participate in training, professional development, and knowledge-sharing activities to stay updated with industry best practices and enhance underwriting skills.

What you’ll bring:

• Bachelor’s Degree or relevant work experience.
• 3-5 years of experience in property underwriting in the Canadian market.
• Ability to work independently and collaboratively in a fast-paced environment with changing priorities.
• Knowledge of Canadian insurance regulations and market trends.
• Ability to travel as required
• French language is an asset 

Salary Range: $85,000 – $125,000 CAD. Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.

This job posting outlines the general nature and level of work performed by individuals assigned to this position. It does not restrict the management's right to assign or reassign duties and responsibilities to this job at any time.

At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.

Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms.  The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance

We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents.

Who we are and what we stand for:

At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide. Life at Sompo page

Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. Sompo is committed to employment practices, including recruitment and hiring practices, that are inclusive and accessible. Accommodations for individuals with disabilities are available. If you need an accommodation for any part of the application process, please contact [email protected].