Associate Underwriter to join our Tech, Cyber and Fintech (TCF) team based in Toronto

What part will you play? If you’re looking for a place where you can make a meaningful difference, you’ve found it. The work we do at Markel Canada gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realise our potential, we can help others reach theirs.

Join us and play your part in something special!

 

The opportunity:

 

As an Associate Underwriter in our Cyber, Tech and FinTech team based in Toronto, you will work closely with the AVP of Cyber and a dynamic team to help implement underwriting strategies, improve processes & products, and build strong broker relationships across Canada. This role offers the opportunity to contribute to our innovative approach on true specialty products and support our global presence in Cyber and Technology, within an environment that provides exceptional development opportunities that aims to maximise your potential. You will shine in this role if you’re customer-centric, analytical, agile and pursue a growth mindset.

 

Your role will involve underwriting new business and renewals in a profitable manner and according to authority level and established guidelines, and participate in special projects, designed to keep the team at the forefront of our customers that will have a true impact on our business. You will utilise underwriting tools to determine accurate classifications, rates, and premium charges. Understand relevant  laws and regulation to properly transact business within Canada and other relevant territories. Be knowledgeable in coverage forms and policy language; appropriately applying coverage and exclusions. Assist with underwriting administrative tasks and work closely with assigned agents/brokers.

About the team:

The TCF team is comprised of Technology, Cyber and Fintech lines, which sits within the Professional & Financial Risks division of  Markel Canada. The  team  will predominantly underwrite  Cyber and Technology E&O, but will also handle Management  Liability  and Crime as part of Markel’s Fintech offering. We have a flexible and  innovative  approach  to  underwriting  that  ensures  that  we  can  provide  continually evolving specialist products required by our customers.

 

What you'll be doing:

• Work with AVP Cyber, wider team, actuarial, and other parts of the business to implement the underwriting strategy on new and renewal business and monitor progress and developments
• Champion continuous improvements and work with the to improve end-to-end underwriting administrative tasks,  processes and data
• Confidently and positively demonstrate the field of our chosen underwriting approach
• Positively contribute towards the team’s underwriting strategy and data quality
• Attend regular broker and clients meeting and travel to represent Markel as required by the AVP Cyber
• Develop strong relationships with existing and new brokers.
• Apply appropriate underwriting practices including authority and guidelines control.
• Apply appropriate risk management practices including aggregations and guideline controls and any measures required to limit Markel’s exposure

 

What we're looking for :

• Have a detailed understanding of the insurance market
• 1-3 years of Cyber, Tech E&O or Fintech insurance experience preferred; or similar relevant technology or cyber security experience
• Natural curiosity, a lifelong learner and innovative thinker
• Demonstrate strong numerical and analytical ability
• Excellent IT skills including Microsoft Word and Excel
• Demonstrated ability to build rapport easily and excellent communication skills
• Up to 25% travel (when appropriate)
• Bilingual preferred

 

Reporting into AVP Cyber

 

Who we are:

 

Markel Group (NYSE – MKL) a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.

We’re all about people | We win together | We strive for better | We enjoy the everyday | We think further

What’s in it for you:

 

• A great starting salary plus annual bonus potential & strong benefits package
• 20 vacation days plus additional floater days per year
• Fantastic company RRSP, extended health and dental coverage, life insurance, travel insurance, vision care and wellness initiatives
• There are countless opportunities to learn new skills and develop in your career and we can provide the support needed to do just that!

 

Are you ready to play your part?

Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you.

Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.

We are a Disability Confident Committed employer, which means you'll have a positive experience applying for a role at Markel and are able to perform at your best. If there are any adjustments we can reasonably make to ensure that the process is accessible for you at every stage please let us know.
We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us to request any accommodations that may be needed. 

 

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Pay information:

59-65k This is a replacement role.

This salary range reflects the expected base compensation for the role across Canada. Placement within the range will depend on a number of factors, including experience, qualifications, and the scope of responsibilities. As part of our commitment to transparency and supporting our people, we share this range in good faith and in accordance with applicable legislation.

 

Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us to request any accommodations that may be needed. This includes any alternative formats of any documents or information on how to apply offline.

Our recruitment process may use artificial intelligence tools to assist with tasks such as initial resume screening, interview scheduling and candidate matching. While AI enhances our efficiency, human oversight remains integral to the final decision-making process to ensure fairness and mitigate potential biases.

This posting reflects an existing vacancy within our organization.

 

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