Underwriter, Specialty Risk (Toronto)

What it’s like to be a Northbridge Underwriter

Our Marine Underwriters work closely with our Broker partners to assess, price, and underwrite Marine insurance risks across a diverse and complex portfolio, including cargo, hull, and marine liability exposures. This role is ideal for an underwriter early in their career who has a strong commercial insurance foundation and is looking to specialize in Marine underwriting within a leading Canadian insurer.

This role is well suited to Marine professionals who are considering a move from an MGA or brokerage environment to the carrier side and are ready to be closer to underwriting decisions. You’ll move beyond supporting or placing business and gain hands‑on exposure to risk selection, pricing strategy, and portfolio management, supported by training and mentorship as you grow your underwriting authority over time.

You’ll support the underwriting of Marine risks, including transit‑based exposures and complex coverage structures, in accordance with established guidelines. Working collaboratively with fellow Underwriters, Corporate Underwriting, and Actuarial Pricing teams, you’ll help ensure we are writing the right risks at the right price. You’ll carefully analyze exposure, data quality, pricing adequacy, and coverage structure, including Marine policy wordings and clauses, while maintaining high underwriting and service standards. This is a hands‑on, learning‑focused role within a small, highly specialized Marine team. You’ll be supported through structured training and ongoing mentorship as you build deep technical Marine expertise, with the expectation that you’ll grow into greater independence over time.

You’re passionate about building strong relationships with Broker partners, enjoy problem‑solving, and bring curiosity, attention to detail, and a desire to learn a complex specialty line of business within the Marine insurance market.

If you’re currently working in a Marine MGA or brokerage environment, you already bring valuable market knowledge. Joining our Marine underwriting team gives you the opportunity to apply that experience on the carrier side, underwriting complex Marine risks, influencing pricing and coverage decisions, and developing long‑term technical expertise within a specialist portfolio.

We want your talent

If you are great at:

• Commercial insurance underwriting fundamentals
• Risk assessment, analysis, and decision‑making
• Building and maintaining strong Broker relationships
• Learning and applying technical underwriting concepts
• Communicating clearly and collaborating across teams

If you have:

• 1–5 years of underwriting experience, ideally within commercial lines, with relevance to Marine or specialty risks
• Exposure to Marine insurance (underwriting, brokerage, MGA, or claims) is strongly preferred, or a genuine interest in specialising in Marine
• A foundational understanding of how commercial insurance works
• A strong customer service mindset
• A team‑first, eager‑to‑learn attitude
• Completed, or currently pursuing, CIP (FCIP, CRM, or other designations are an asset)
• Bilingualism (English/French) is considered a strong asset

We really mean it when we say we put you first. Here are a few ways how:

• Hybrid work! you get to work from the office and at home 50/50, allowing you to manage both worlds with the ease and flexibility you need.
• We offer competitive salaries and support your financial health through our employee share purchase plan, pension plans, RRSP, discounts on staff insurance, and more!
• We help you prioritize your well‑being from day one through flexible health benefits, early leave days, wellness programs, rewards, and recognition programs.
• We are invested in helping you grow in your career through education assistance to complete your CIP, FCIP, CRM, or other courses desired, internal mobility, Leadership training and mentoring programs.
• NBFC cares about the community and supports the causes you believe in with donation matching and team volunteer days.

We’re committed to pay transparency and fairness. The base salary range for this role is $67,000 - $100,000, which reflects the expected base pay – not the total compensation package. The actual base salary may vary depending on your experience, skills, and alignment with the position. We’re also open to candidates at different levels, so if this range doesn’t quite match your expectations, don’t let that hold you back — we’d still love to hear from you.

This is a real prospect — we’re actively hiring! If the role sounds like a good fit, we encourage you to apply. Beyond base pay, we offer a robust Total Rewards program that includes benefits, wellness support, and other meaningful perks.

At Northbridge Financial we embrace and celebrate you and are committed to creating an inclusive workplace for all! No matter who you are or what makes you unique, we welcome you. Please let us know how we can assist or accommodate you during the selection process.