Engineering & Construction (E&C) Underwriter

About the Role

As an E&C Underwriter based in Toronto, you'll be at the forefront of risk assessment and business development for construction projects spanning power generation, manufacturing, infrastructure, building construction, and heavy civil works. You'll leverage your technical knowledge and market insights to craft tailored insurance solutions that meet client needs while maintaining profitability.

Key Responsibilities

• Generate and underwrite new business in the engineering and construction sector with brokers and clients throughout Canada
• Extend Swiss Re's market presence by assessing, proposing, and negotiating insurance conditions for large and mid-sized construction projects
• Collaborate closely with Canadian and Global teams to ensure consistent client and broker relationships
• Assess risks, coverage, terms and conditions while driving underwriting processes within appropriate risk management frameworks
• Efficiently triage new submissions to maximize productivity and response times
• Serve as a technical reference within the global Engineering & Construction community, tracking new technologies and market trends
• Support cross-selling opportunities and contribute to solution and marketing strategy development tailored to client needs

About the Team

Supporting the Engineering & Construction business in the Corporate Solutions, Canada Region, you will be part of a small but dynamic team of experienced underwriters, focused on profit-oriented underwriting of new and existing accounts and on building relationships with key partners in the large corporate and middle-market risk segments.

About You

We're looking for a detail-oriented, collaborative professional who thrives in a fast-paced environment. The ideal candidate combines technical underwriting expertise with strong relationship-building skills and a passion for the construction industry. Your entrepreneurial mindset and client-centric approach will help us expand our presence in this specialized market in the Greater Toronto Area.

We are looking for candidates who meet these requirements:

• In-depth knowledge of insurance, engineering and construction underwriting, and the Canadian insurance market
• Minimum 2–5 years of underwriting experience or equivalent
• Strong analytical skills with the ability to assess complex risks and determine appropriate coverage solutions
• Excellent negotiation, communication, and interpersonal skills

These are additional nice to haves:

• Established broker and client network in the Canadian construction insurance market
• French language proficiency
• Experience with cross-selling insurance products
• Knowledge of emerging technologies and trends in construction
• Experience working in global or matrix organizations
• Professional designations in insurance or engineering fields
• Client-centric, forward-thinking approach anticipating future customer needs
• Ability to collaborate across teams and multiple offices
• Demonstrated ability to work under pressure and manage high workloads

The base salary hiring range for this existing position located in Toronto is CAD $95,000 to $124,000. The specific base salary offered for this or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget.  At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.