Underwriting Co-Op Student, Cyber & Tech

Department
:
Underwriting

Location
:
Toronto

Reports To
:
Senior Underwriter

Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance products and solutions to mid-size and large Canadian companies with Canadian, North American and/or multinational risks. Liberty Mutual Canada has over 300 employees and services its clients coast‑to‑coast from our regional offices in Vancouver, Calgary, Toronto, Montreal, and Halifax.

At Liberty Mutual Canada, diversity is about all of us. Our promise to you is a culture that is collaborative, rewarding and empowering. We are committed to attracting and retaining employees across all dimensions of diversity and believe that recognizing, appreciating, and applying the unique insights, perspectives and backgrounds of each person cultivates an atmosphere of trust and respect. At Liberty Mutual Canada, our values are to foster a high‑performing, equitable and inclusive culture where the best talent of all backgrounds can bring their whole selves to work and succeed.

Liberty Mutual Canada, a division of the Liberty Mutual Company, which is part of the Liberty Mutual Group, is seeking a Co‑Op student who is interested in launching their career in Insurance.

A world of opportunity awaits you at Liberty Mutual Canada. Find out how our culture of continuous improvement and commitment to diversity, equality, and inclusion leads to innovation and builds lasting relationships with our customers and colleagues.

We are always in search of the best in the industry, passionate professionals who are enthusiastic, self‑motivated, innovative, and entrepreneurial team players.

As an Underwriting Co‑Op Student, Cyber & Technology, you will have the opportunity to develop key skills and to build a successful underwriting career at a growing company that has consistently met financial growth objectives.

Underwriting in the Cyber & Technology space focuses on analyzing evolving digital risk factors – including data breaches, ransomware, system failures, technology errors & omissions, and emerging cyber threats – and making informed decisions on whether or not to stake corporate capital. Additionally, the role requires sales and marketing skills through interaction with brokers to differentiate our cyber and technology products and services from our competitors.

Cyber & Technology Underwriters should have a mix of strong analytical, negotiation, and communication skills while acting as decisive problem solvers who lean on curiosity and research to assess risk and thrive within a fast‑paced, collaborative environment.

This position offers you the chance to develop risk selection acumen, insurance knowledge, and hone your negotiation skills, while building relationships with brokers in the industry.

• A premier flexible work environment (a combination of on‑site & remote work) supporting our employees in their pursuit of a healthy work‑life balance.
• Competitive time off policy.
• Employee & Family Assistance Programs.
• Participation in our national employee committees’ initiatives – social responsibility, employee engagement, diversity, equity & inclusion.

• Manage a portfolio of cyber and technology renewal policies assigned to you within your department.
• Interact and negotiate with brokers on sales strategies, policy terms and pricing.
• Seek out new business opportunities by attending corporate networking events and foster new relationships with multi‑tiered brokerages.
• Handle underwriters' renewal portfolios and strive to achieve target financial metrics in different lines of business.
• Research Canadian and global businesses across multiple industries to identify risk factors specific to their operations, suppliers, and customers.
• Analyze financial stability, corporate reputation, cyber security, products liability, and catastrophe exposure, among other factors to assess overall risk.
• Analyze micro and macro‑economic factors and industry trends which may impact businesses in various industries.
• Make decisions on company risk profiles and provide analysis and recommendations…