Underwriting Governance Specialist

Posted 15 Days Ago
Be an Early Applicant
4 Locations
In-Office
82K-92K Annually
Mid level
Insurance • Financial Services
The Role
The Underwriting Governance Specialist manages underwriting quality assurance, ensures compliance with regulations, tracks actions, and maintains governance documentation, while fostering stakeholder relationships.
Summary Generated by Built In

Department: Underwriting

Location: Vancouver, Calgary, Toronto or Halifax

Reports To: Assistant Vice President, Underwriting Excellence


Company Overview:

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.

If you are unsure whether or not your experience matches every requirement below, we encourage you to apply anyway. We are looking for varied and diverse perspectives and experiences that we can add to our team!

Our core values guide all of our decision-making and come to life through our benefits and employee programs. We offer:

- 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 health & dental benefits plan

- Market-leading pension plan

- Competitive time off policy

- External education & tuition reimbursement programs

- Employee & Family Assistance Programs

- An opportunity to get involved and become a member of one of our national employee committees – social responsibility, employee engagement, diversity, equity & inclusion

The Opportunity:

We are seeking an experienced Underwriting Governance Specialist to join our Canada Office of Underwriting team. In this role you will support monitoring, compliance, and governance activities for LMC Underwriting, helping to ensure underwriting processes meet internal standards and regulatory requirements. You will work closely with underwriting officers, reviewers, operational teams and the broader compliance community to identify issues, drive remediation, and maintain clear and current governance documentation.

Duties & Responsibilities:

  • Manage the quarterly Canada Underwriting Quality Assurance process: coordinate Reviewer pool updates and assessment reassignment based on line of business and Reviewer capacity and monitor execution to achieve minimum 90% completion rate and no overdue action items.
  • Track and follow up monthly on outstanding eRe completions using lists provided by the Reinsurance team.
  • Play a central role in monitoring and supervisory activities for LMC Underwriting, including supporting monthly Operational Risk Management limits reviews.
  • Consult with process and control owners to educate on identified deficiencies, verify corrective action plans are implemented, and ensure remediation is completed.
  • Ensure compliance with all legal, regulatory and statutory underwriting requirements in a timely manner, escalating issues when appropriate.
  • Support maintenance of governance and operational documentation: maintain process guidance and guidelines on Knowledge Center, assist Underwriting Officers with content management, and maintain Letters of Authority repository
  • Maintain and populate key trackers and logs, including deliverables tracker, breach calibration log for Canada, and other compliance records as required.
  • Coordinate the release of the monthly Underwriting Newsletter in partnership with Underwriting Officers and Marketing.
  • Promote a culture that values incident reporting; assist with identification, escalation, documentation and remediation of incidents and control failures.
  • Build and maintain strong working relationships across underwriting, compliance, legal, reinsurance and other relevant teams, and participate in the broader Liberty Compliance community.
  • Maintain and enhance professional knowledge of relevant external regulatory, local and global risk developments and trends that affect Canada underwriting activities.
  • Perform other duties as assigned by your Manager or Underwriting Officers.

Skills & Qualifications:

  • Post-secondary degree or equivalent experience in a related field (e.g., business, finance, risk, law, insurance).
  • Previous experience in underwriting operations, compliance, governance, or a similar risk/control role within insurance or financial services.
  • Strong understanding of underwriting processes, quality assurance frameworks and regulatory requirements in Canada.
  • Excellent communication and stakeholder management skills; able to consult, influence and educate owners at multiple levels.
  • Strong organizational skills, attention to detail and proven ability to manage multiple monitoring and follow-up activities to strict deadlines.
  • Proficiency with common office tools and experience maintaining tracking logs and knowledge repositories.
  • Demonstrated ability to work both independently and as part of a team in a dynamic environment.

Liberty Mutual Canada is committed to pay transparency and fair, equitable hiring. For roles based in Ontario, we publish a Target Hiring Range in compliance with the Ontario Pay Transparency Act.

This posting is for an active, current vacancy

Target Hiring Range:

CAD $82,000 – $92,000 per year (base salary).

This range represents the expected annual base salary for this role, however, offers above the published maximum may be approved with appropriate business authorization. Final offers will be determined based on each candidate’s qualifications, relevant experience, internal equity, and the needs of the role. The posted range does not include variable compensation (bonus), allowances, or benefits. We encourage all qualified candidates to apply.

We do not use AI based screening tools in our hiring process. Candidates who complete an interview and remain under consideration may request, and will receive, feedback within 45 days.

Skills Required

  • Post-secondary degree or equivalent experience in a related field
  • Previous experience in underwriting operations, compliance, governance, or a similar risk/control role
  • Strong understanding of underwriting processes and regulatory requirements in Canada
  • Excellent communication and stakeholder management skills
  • Strong organizational skills and attention to detail
  • Proficiency with common office tools
  • Ability to work independently and as part of a team
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
0 Employees
Year Founded: 1912

What We Do

Liberty Mutual Canada is the Canadian branch of Liberty Mutual Insurance Company, providing a broad suite of commercial property and casualty insurance products and solutions to mid-size and large Canadian companies.

Similar Jobs

Capital One Logo Capital One

Administrative Assistant

Fintech • Machine Learning • Payments • Software • Financial Services
Hybrid
Toronto, ON, CAN
55000 Employees
90K-500K Annually

Opendoor Logo Opendoor

Senior Accountant

eCommerce • Fintech • Real Estate • Software • PropTech
Hybrid
Toronto, ON, CAN
1600 Employees

BuildOps Logo BuildOps

Customer Success Manager

Cloud • Mobile • Software
Easy Apply
Hybrid
3 Locations
500 Employees
66K-95K Annually

BuildOps Logo BuildOps

Customer Success Manager

Cloud • Mobile • Software
Easy Apply
Hybrid
3 Locations
500 Employees
66K-95K Annually

Similar Companies Hiring

Granted Thumbnail
Mobile • Insurance • Healthtech • Financial Services • Artificial Intelligence
New York, New York
23 Employees
Hanover Park Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
31 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account