Senior Underwriter

The Senior Underwriter performs day‑to‑day underwriting activities, applying advanced underwriting expertise and providing guidance on complex underwriting situations to ensure risks accepted align with organizational strategy and risk appetite. The role creates, maintains, and refines underwriting controls; supports coordination of underwriting activities to meet operational volume requirements; and identifies and recommends process improvements. The Senior Underwriter ensures consistent application of underwriting policies and procedures at local, regional, and global levels.

Way of working: This position follows a hybrid work schedule to include two in-office days (Tuesdays and Thursdays) at our office in Cambridge, Ontario

What you will do

• Build and lead a high‑performing underwriting culture; attract, retain, and engage associates while effectively communicating across all levels.
• Support new business launches, renewals, pricing implementation, and RFP activities.
• Analyze underwriting data to assess risk acceptability, profitability, and pricing; provide clear recommendations and rationale.
• Prepare and deliver standardized and ad‑hoc reports in line with regional, global, and reinsurance requirements; monitor KPIs and metrics.
• Maintain and apply underwriting guidelines, manuals, and the four‑eye review principle in alignment with company strategy.
• Collaborate with lines of business to support pricing decisions, product development, and consensus-building.
• Build and maintain strong relationships with internal and external stakeholders; respond to underwriting inquiries and projects.
• Identify, recommend, and support process and workflow improvements to enhance efficiency and service standards.
• Work effectively in an environment shaped by artificial intelligence (AI), machine learning, data analytics, and cloud‑based tools, using insights responsibly and in alignment with our standards for data governance, security, and ethical use.

What you will bring 

• Bachelor’s degree in Business, Mathematics or related field OR equivalent combination of work and education experience.
• 7+ years underwriting experience in affinity, short-tail, accident and health, or property and casualty insurance OR 7 years equivalent experience in roles with significant exposure to risk assessment; financial, data and statistical analysis, and decision-making in insurance or related fields.
• Experience in travel insurance or healthcare industry preferred.
• A Chartered Insurance Professional Designation (CIP), Chartered Property Casualty Underwriter (CPCU) is preferred.
• Proficient with MS Office365 to include proficiency with Excel
• Power BI experience would be a plus
• Attention to detail with ability to multi-task and adapt to unique governance environment.
• Ability to use financial reports to determine impact of decision and risk management/evaluation.
• Ability to exercise independent judgment or initiative and function with minimal supervision.
• Excellent English language skills verbal and written with ability to effectively communicate and influence

What we offer

Annualized base pay range is $76,860 - $105,000 CAD

Actual base pay may vary based upon factors such as relevant experience, qualifications, internal equity of peers, and geographic location. Employees may also qualify for performance-based bonuses, merit increases, and other incentives based on individual and company performance. The availability and amount of these additional compensation elements are determined by company policy and may vary.

Our employees play an integral part in our success as a business. We appreciate that each of our employees are unique and have unique needs, ambitions and we enjoy being a part of their journey.

We are there to empower and encourage you with your personal and professional development ensuring that you take control by offering a large variety of courses and targeted development programs. All that in a global environment where international mobility and career progression are encouraged. Caring for your health and wellbeing is key priority for us. This is why we build Work Well programs to providing you with peace of mind and give the flexibility in planning and arranging for a better work-life balance. We offer a comprehensive benefits package that includes health, dental, and vision insurance, retirement savings plans, paid time off, and other employee programs. Eligibility for benefits is subject to plan terms and conditions, and may vary based on position and/or employment status.  

At Allianz we use some AI-assisted technology as part of our recruitment process to help match candidates to roles based on skills, experience, job title, and location. AI supports our recruiters by enhancing the efficiency and accuracy of candidate assessments and job recommendations, while all applications are reviewed by our recruitment team and final hiring decisions are made by humans.

This posting is for an existing vacancy.

How We Hire

Allianz Partners does not accept unsolicited CV’s or approaches from agencies. We only work with partners on our approved supplier lists, under contract. Any unsolicited submission will not be considered.

96201 | Underwriting | Professional | Non-Executive | Allianz Partners | Full-Time | Permanent

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. 

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us. Let's care for tomorrow.