Commercial Underwriter

Five Star Insurance Brokers Ltd.; Brampton; On-site; CAD 60,000 - 80,000; Full time

Job summary

A leading insurance brokerage in Brampton is seeking a detail-oriented Commercial Underwriter to assess commercial insurance risks and determine coverage. This role involves collaboration with brokers and clients, requiring strong analytical, negotiation, and communication skills, as well as a RIBO license and experience in commercial underwriting. Join our team and help deliver tailored insurance solutions.

Qualifications

• 3+ years of experience in commercial underwriting.
• Strong knowledge of commercial insurance products.
• Detail-oriented with excellent analytical skills.

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.

Skills

Analytical skills

Negotiation skills

Communication skills

Knowledge of commercial insurance products

Education

RIBO license

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!