Underwriter Development Program Jobs in Toronto, ON

Our employees are at the heart of everything we do. Together, we help people, businesses, and society prosper in good times and be resilient in bad times.

Our employee promise represents Intact's commitment to you in exchange for living our Values, striving to do your best work, being open to change and investing in your career. In return, we promise to provide support, opportunities and performance-led financial rewards at a workplace where you can shape the future, win as a team and grow with us.

Pay at Intact is about much more than just salary.

• Flexible work arrangements and a hybrid work model

• Possibility to purchase up to 5 extra days off per year

• Multiple benefits offered to support physical and mental wellbeing, including telemedicine, Wellness account and much more

• Share plan & other savings: up to 12% of salary or even more (ask how you could earn guaranteed income for life)

Salary range (but not limited to):

Annual bonus target, based on the base salary, with a potential payout of up to double the target (subject to personal and company performance):

As part of our commitment to Win As A Team, we share our success with employees through our annual bonus plan and Employee Share Purchase Plan (ESPP) - with Intact matching 50% of your net shares.

Our pension offerings provide flexibility and long-term security for our employees beyond their careers. We are one of the few companies offering the opportunity to receive guaranteed income for life via our defined benefit pension plan.

Salary for the candidate will be determined taking into consideration a number of factors including: experience, skills, qualifications, anticipated contribution to role, internal equity, etc. The salary range presented above is based on a 35-hour workweek and would represent a majority of different candidate profiles. However, we encourage candidates who may fall outside of this range to apply as well.

About the role

New to insurance? This is your opportunity to put your career on the fast track.

Our Specialty Lines Underwriter Development Program is a 24-month accelerated learning experience designed to give you unparalleled expertise and grow your career in an exciting industry. In this rotational program, mentors, managers, and underwriting coaches will teach you the ins and outs of our specialty insurance business through a variety of learning styles.

But wait, what exactly IS Specialty Lines? And what does an underwriter do?

Specialty Lines is a major division of our business that provides insurance solutions to unique industries with complex product needs such as Directors and Officers, Professional Liability, Crime, Technology, Construction, Equipment Breakdown, and Farm insurance.

Our Underwriters understand our products inside and out. As a member of the team, you'd become a champion of risk assessment and work directly with Intact's network of Brokers - the people who sell our products to businesses - to make sure they understand the products, know how to market them, and help them to evaluate the potential risks of taking on certain portfolios.

Through this program, you will:

• Get hands-on exposure to 3 different verticals within Specialty Lines.
• Learn the technical aspects of insurance: analyzing requests for quotes, renewals, policy changes, and recommend solutions; rate and prepare quotes for new business and renewals; and make recommendations for continued department improvement.
• Learn in inspiring ways on-the-job in a collaborative work environment, self-study, and a classroom.
• Build relationships with our Broker partners - the core of our business - and learn the importance of living our values every day.
• Be involved in stimulating, challenging projects and development opportunities to help you grow your skills and expertise.
• Build your professional networks - both at Intact and industry events.
• Earn a competitive salary and comprehensive benefits package from day one. After completing the 24-month program, you will graduate as a Level II Underwriter ready to dive into the world of Specialty insurance and manage your own portfolios. You'll be placed in one of our Specialty Lines teams in the region you are located.

What you bring to the table:

• New grad or recently graduated from post-secondary within the last 5 years.
• Have less than 3 years of experience in the insurance industry (asset but not required).
• Available to join our Development program full-time in late Spring 2027.
• You are interested in pursuing the Chartered Insurance Professional (CIP) designation (one of the program requirements).
• You care about people and are a natural at building and nurturing relationships (a key part of this role!).
• You are an enthusiastic curious learner who thrives within a team or independently.
• You have a creative approach to problem-solving and are a natural at taking calculated risks.
• You have exemplary analytical skills and can make informed decisions.
• You are a skilled communicator who can adapt your approach to your audience.
• You can influence decisions and negotiate strategically.
• For candidates located in Quebec, bilingualism (French / English) is required considering the necessity to interact on a regular basis with English-speaking colleagues across the country
• No Canadian work experience required however must be eligible to work in Canada for the full duration of the program (24 month)

We are an equal opportunity employer

At Intact, our Value of respect is founded on seeing diversity as a strength. We strive to create an accessible workplace where employees feel valued, included and encouraged to share their unique perspectives.

We encourage applications from individuals who are members of equity-deserving groups, including but not limited to women, Indigenous peoples, persons with disabilities, Black people, and members of the 2SLGBTQI+ community.

As part of Intact's commitment to reconciliation, we acknowledge that we work, meet and travel across the land currently called Canada, originally inhabited by First Nations, Metis and Inuit people. This history extends through many centuries and continues to evolve today.

We have policies to ensure equal access and participation for people with disabilities, including providing workplace adjustments (accommodations). A copy of applicable policies is available on request.

If we can provide a specific adjustment to make the recruitment process more accessible for you, please let us know when we reach out about a job opportunity. We'll work with you to meet your needs.

Learn more about our recruitment process and your candidate journey here.

Please note that Intact does not provide sponsorship or other support for immigration-related matters including but not limited to employer-specific closed work permits. Candidates must be eligible to work in Canada from the anticipated start date and throughout their employment and are solely responsible for maintaining their work eligibility.

If you are an employee of Intact or belairdirect, please apply for this role on Internal Career Site.