Commercial Underwriter

Five Star Insurance Brokers Ltd.; Brampton; On-site; CAD 50,000 - 90,000; Full time

Job summary

An established industry player is on the lookout for a detail-oriented Commercial Underwriter to join their dynamic team in Brampton. In this pivotal role, you will assess commercial insurance risks and make informed underwriting decisions, collaborating closely with brokers and clients to ensure optimal coverage and competitive pricing. The company prides itself on its strong relationships with insurers, allowing you to deliver tailored, cost-effective solutions. If you are passionate about innovation and exceptional customer service, this is the perfect opportunity to grow your career in a supportive environment that values your contributions.

Qualifications

• RIBO license is mandatory for this role.
• 3+ years of experience in commercial underwriting is required.

Responsibilities

• Review risk information and financial statements for underwriting decisions.
• Negotiate terms and prepare quotes for insurance coverage.

Skills

Analytical Skills

Negotiation Skills

Communication Skills

Education

RIBO License

3+ Years Experience in Commercial Underwriting

Tools

Insurance Software

Microsoft Office Suite

Job description

At Five Star Insurance, we are a leading insurance brokerage serving clients across Canada. We specialize in a wide range of insurance solutions, including Truck, Business, Manufacturers, Contractors, Auto, and Home Insurance. Our clients trust us because we provide comprehensive, tailored coverage with a focus on building long-lasting relationships. Our team of experienced, multicultural brokers is committed to understanding the unique needs of each client, leveraging our strong partnerships with hundreds of insurers to deliver cost-effective solutions without compromising on coverage. At Five Star Insurance, we pride ourselves on delivering exceptional customer service and consistently exceeding client expectations.

We are seeking a detail-oriented Commercial Underwriter to join our team at [Insurance Brokerage Name] in Brampton. You will assess commercial insurance risks, determine coverage, and make underwriting decisions based on company guidelines. The role requires collaboration with brokers and clients to ensure appropriate coverage and competitive pricing.

Key Responsibilities:

• Review risk information and financial statements to make underwriting decisions.
• Negotiate terms, premiums, and coverage with insurance carriers.
• Prepare quotes, endorsements, and other underwriting documentation.
• Assist in the renewal process and monitor policy changes.
• Stay updated on industry trends and regulations.

Qualifications:

• RIBO (Registered Insurance Brokers of Ontario) license required.
• 3+ years of experience in commercial underwriting.
• Strong knowledge of commercial insurance products.
• Excellent analytical, negotiation, and communication skills.
• Proficient in insurance software and Microsoft Office Suite.

At Five Star Insurance, we believe in fostering a flexible and supportive work environment. If you’re ready to make an impact and grow your career with a company that values innovation, collaboration, and customer service, apply today to join the Five Star Insurance team!