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Medical Underwriting jobs in Greater Toronto Area, ON

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    • Assist the Executive Risks team in growing and refining the underwriting methodology for D&O and related product lines.
    • The Associate Actuary - Pricing is primarily responsible for supporting the pricing of RFPs across various lines of business.
    • Long- and Short-Term Disability.
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    • Experience/exposure to financial management methods, the nature of insurance risk and reinsurance costs, underwriting, claims underwriting and reinsurance.
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    • You build up the general knowledge you’ll need for underwriting success through rotations on different teams.
    • Flexible work arrangements and a hybrid work model…
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    • Refine Commercial P&C underwriting strategies through analysis of key business drivers and provide recommendations.
    • 4+ years' General Insurance experience.
    • Appropriate medical underwriting assessment and decisions for each risk according to the limits of the plan and underwriting philosophy meeting business…
    • The Senior Actuarial Analyst is primarily responsible for supporting the pricing of RFPs across various lines of business.
    • Medical, vision, and dental coverage.
    • Apply underwriting guidelines, company policies, and sound underwriting judgment in all decisions.
    • Comprehensive medical and dental benefits.
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    • Review underwriting reports and make recommendations as required.
    • Accept, reject, endorse, renew or cancel policies following Intact underwriting guidelines and…
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    • Review underwriting reports and make recommendations as required.
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    • Experience developing provincial regulatory underwriting filings for regulators.
    • Drive the design and development of new underwriting rules to achieve business…
    • Apply holistic underwriting expertise in all areas of underwriting including medical, financial and lifestyle factors to make sound and competitive underwriting…
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    • Evaluate proposed changes to underwriting requirements, underwriting evidence, accelerated underwriting programs, automation initiatives, and digital…
    • Conduct detailed financial analysis and make recommendations for full underwriting.
    • Manage risk by exercising prudence and due diligence while reviewing,…
    • Expert knowledge of underwriting theories, principles and processes.
    • Lead underwriting for large-scale projects, exercising delegated financial authority.
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Career Resources:

Underwriter, Executive Risks, SBS
SCOR
·
3.4
Toronto, ON
Hybrid work

Job details

$122,497–$149,179 a year
Paid time off, Disability insurance, Designated paid holidays
Hybrid work in Toronto, ON

Full job description

Seeking a self-starter, highly motivated, qualified professional with a strong work ethic that will be responsible for working with the Executive Risks team on executing the Directors and Officer Liability single risk strategy for SCOR Business Solutions. Candidates should possess a broad skillset to contribute and lead in a variety of disciplines including underwriting, relationship management, and policy forms. Must be team player and have effective communication and project management skills to work with all the internal stakeholders (claims, actuarial, legal, Underwriting Management, Group Risk Management and Senior Management) that have a vested interest in this highly visible initiative.


  • Successfully execute the single risk D&O strategy
  • Achieve and exceed the financial targets (profitability, expense, premium) for this line of business while also making a positive contribution to the SCOR Business Solutions Americas results.
  • Assist the Executive Risks team in growing and refining the underwriting methodology for D&O and related product lines.
  • Contribute to long-term growth strategy including development of new policy forms.
  • Operate within delegated authority levels on assignment of higher technical complexity and coordination.
  • Develop relationships with distribution partners throughout the Americas and proactively work with them to seek new business opportunities on targeted companies.
  • Collaborate with other SCOR Specialty underwriters in the Americas to provide comprehensive “all lines” whole account solutions where possible.
  • Proactively manage your accounts and make any necessary adjustments in the industry mix, attachment points and limits to ensure a long term, profitable book of business.
  • Develop and maintain relationships with distributors (brokers) in support of business retention and acquisition.
  • Keeps abreast of legal, regulatory and industry trends that may impact this line of business.
  • Travel – 20% of time

  • Bachelor’s degree from a reputable University
  • Insurance Industry designations (RPLU, etc.) desired but not require
  • 2 to 5 years of successful underwriting of Directors & Officers Liability and related lines of business
  • Preferred experience focused on Commercial D&O, Financial Institutions, and/or E&O/Professional Liability
  • Strong relationship with distribution partners throughout Canada
  • Accountability, team-oriented, strong business acumen, communication skills (oral & written), self-starter, flexibility, time management, strong ethics
  • As the business grows, willingness to develop the competency skills needed to become a team leader

You may not meet every requirement listed in the job description. If you bring broad expertise and alignment to the role and resonate with our core values, we encourage you to apply.

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

Hybrid Work Policy:

SCOR is committed to an “in-office” culture where people can collaborate, exchange ideas, and establish stronger working relationships while ll providing flexibility. To support employee work-life balance and increase opportunities for employees to excel every day, SCOR operates with a hybrid working arrangement. SCOR employees work 3 days per week in an office with the flexibility to work 2 days per week remotely.

At SCOR, we CARE about clients, people, and societies, and we are committed to placing them at the center of everything we do. Providing great benefit choices to you and your family is just one of the ways we support the physical, financial, and emotional well-being of the people who make our company successful – you.

Pay Range for roles performed in Toronto: $122,497-$149,179 base salary per year. Actual salaries may vary based on various factors including but not limited to location, experience, role and performance. The range listed is just one component of SCOR's total compensation package for employees. Other rewards may include annual bonuses, short- and long term incentives. In addition, we provide a variety of benefits to employees, including health insurance coverage, life and disability insurance, a retirement saving plan, paid holidays and paid time off.


As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.

Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies.

As an international company, our common culture is defined by “The SCOR Way.” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.

SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.

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