Title:  Underwriting Senior Underwriter - Cyber (Bilingual)

Job ID:  9066
Location: 

Toronto, ON, CA

Facility:  HSB Canada
Description: 

Driven by technology and fuelled by innovation, HSB is Canada’s premier specialty insurance and applied technology services provider. Offering 150 years of technical and service excellence, we are focusing on emerging trends and unlocking new opportunities for clients. Today, we are accelerating, changing the future of insurance and risk solutions, for a modern world.

At HSB, we value the strengths and contributions of our diverse workforce. We offer continuous learning opportunities, giving you flexibility to grow in your career while enjoying a healthy work-life balance and a collaborative approach in our coast-to-coast network of offices. Become part of a rewarding and impactful workplace experience while seeing first-hand technologies and risk solutions that are changing the way we live and work.

HSB is much more! It’s insurance. Engineering. Technology. To learn more about us, please visit: www.hsb.ca.

 

Primary Objectives:

We are seeking an experienced Underwriting Senior Underwriter to join our Cyber Insurance Solutions team at HSB. As a key member of our team, you will play a critical role in underwriting and managing cyber insurance risks, as well as developing and maintaining strong relationships with our clients and brokers. The successful candidate will have a deep understanding of cyber insurance products, risk assessment, and underwriting principles, as well as excellent communication and analytical skills.

 

Reporting Structure: 

Assistant Vice President and Head of Cyber Insurance Solutions

 

Job Responsibilities:

  • Underwrite and manage a portfolio of cyber insurance risks, including reviewing and analyzing risk submissions, assessing risk profiles, and making informed underwriting decisions.
  • Collaborate with internal stakeholders, including claims, risk management, and actuarial teams, to ensure a comprehensive understanding of cyber risks and develop effective risk management strategies
  • Develop and maintain strong relationships with clients and brokers, providing exceptional service and expertise to drive business growth and retention
  • Stay up-to-date with industry trends, regulatory requirements, and emerging cyber threats, and apply this knowledge to underwriting decisions and client engagement
  • Provide guidance and support to junior underwriters, promoting a culture of learning and development within the team
  • Contribute to the development and implementation of underwriting guidelines, policies, and procedures to ensure consistency and best practices across the team
  • Participate in business development initiatives, including identifying new business opportunities and developing strategic relationships with key clients and partners

 

Qualifications:

  • Bachelor's degree in Insurance, Business, or a related field; relevant certifications (e.g., FCIP, CPCU) are preferred.
  • 5+ years of experience in cyber insurance underwriting, with a strong track record of underwriting and managing complex cyber risks
  • In-depth knowledge of cyber insurance products, risk assessment, and underwriting principle
  • Strong analytical and problem-solving skills, with the ability to interpret complex data and make informed underwriting decisions
  • Excellent communication and interpersonal skills, with the ability to build strong relationships with clients, brokers, and internal stakeholders
  • Strong business acumen, with a focus on driving business growth and profitability
  • Ability to work independently and as part of a team, with a growth mindset and a strong initiative to lead projects to completion.
  • Bilingualism is preferred, with a focus on French language proficiency (written and spoken)

 

 

What We Offer:

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

 

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 an interview will be contacted.