Underwriter, Fronting

Department: Fronting
Location: Toronto
Reports To: Manager, Fronting

Position Summary:

The primary focus of this role will be underwriting, maintaining and growing an assigned portfolio of Fronting (Captive & Self-Insured Retention) business. This role will work on a variety of Casualty and Specialty products with a key focus on Property, General Liability, and Financial Lines. In addition to underwriting a portfolio, this role will support evaluating credit risk and collateral required with our counterparties.

Duties and Responsibilities:

  • Responsible for assigned tasks with respect to the production and underwriting of an assigned book of business, including analysis of risk, negotiation of policy terms & conditions, fees, and collateral (amount and form), to ensure appropriate profitability and consistency with Liberty Mutual Canada’s corporate strategy.
  • Establish and maintain strong relationships with brokers & clients.
  • Demonstrates effective prioritization of workload and provides market-leading customer service while keeping management abreast of service-related issues and providing recommendations to address short-falls.
  • Continually develops and expands expertise in underwriting, risk analysis, financial statement review and collateral assessment.
  • Coordinate with other underwriting groups, finance, reinsurance and claims departments across the Liberty Mutual Group, as necessary, to ensure appropriate understanding of any fronted risk and policy form compliance.
  • Perform related duties, presentations, special projects and assignments to assist in ensuring the success of Fronting.
  • Update and maintain various logs and prepare reports as required.
  • Represents Liberty at various industry and association events and meetings, as appropriate.
  • Other duties as may be assigned

Skills & Qualifications:

  • University degree or equivalent is required.
  • A minimum of 3-5 years of insurance industry experience in broking or underwriting.
  • Self-starter with strong analytical skills, in addition to strong business and interpersonal communication skills.
  • Strong market and broker relationships is an asset.
  • Experience in review and analysis of financial statements is an asset.
  • Excellent organizational and time management skills.
  • Relevant insurance designations and education is an asset.

 

Interested candidates should submit a resume to CareersCanada@libertymutual.com  indicating the job title in the subject line.

Liberty Mutual Canada welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection process.

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