Senior Commercial Development Underwriter

Optimum General Insurance; Edmonton; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading insurance company is seeking a Senior Commercial Development Underwriter to manage and grow a portfolio of commercial accounts in Alberta. The role involves collaborating with brokers, analyzing risks, and participating in leadership training programs. Candidates should possess a Bachelor's degree and 5–7 years of underwriting experience in the Property and Casualty insurance sector. This position offers competitive salary, health benefits, and opportunities for professional development.

Benefits

Competitive salary

Health benefits

Retirement plans

Professional development opportunities

Flexible work arrangements

Qualifications

• 5–7 years of experience in underwriting within the P&C insurance industry.
• Strong knowledge of P&C products and underwriting guidelines.

Responsibilities

• Manage a book of commercial accounts and assess risk.
• Build relationships with brokers and develop new business opportunities.
• Monitor profitability and make recommendations for policy adjustments.

Skills

Risk Analysis

Interpersonal Skills

Communication Skills

Business Acumen

Education

Bachelor’s degree in business

CIP

Tools

Underwriting Software

Microsoft Office Suite

Job description

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Position Overview:

The Senior Commercial Development Underwriter will be expected to manage and grow a portfolio of commercial accounts, while working closely with brokers and internal teams to develop underwriting, growth, and retention strategies in Alberta.

The position also offers opportunities for mentorship and involvement in cross-functional projects designed to refine leadership capabilities, technical knowledge, and product expertise.

Key Responsibilities:

1. Manage a book of commercial accounts, assessing risk, determining pricing, and ensuring appropriate coverage terms for property and casualty lines of business.
2. Build and maintain relationships with brokers, agents, and key stakeholders to develop new business opportunities and expand existing accounts. Ensure the company’s underwriting guidelines and pricing strategies align with market conditions.
3. Monitor and analyze the profitability of your book of business. Make recommendations for policy adjustments, renewals, and opportunities for expansion.
4. Participate in cross-departmental initiatives and leadership training programs designed to prepare for future leadership roles. Mentor junior and intermediate underwriters.
5. Stay up to date on industry trends, regulations, and company products. Participate in internal training programs to continually refine technical expertise in underwriting and risk management.
6. Work closely with claims, actuarial, and technical underwriting to develop underwriting solutions that mitigate exposure and ensure profitability.

Qualifications:

Education & Experience:

1. Bachelor’s degree in business, Risk Management, Insurance, or related field.
2. 5–7 years of experience in underwriting within the Property and Casualty (P&C) insurance industry, with an emphasis on production underwriting.
3. Completion of or progress toward professional designations such as CIP is an asset.
4. We welcome applicants with a combination of relevant or related experience.
5. Strong knowledge of P&C products, underwriting guidelines, pricing strategies, and risk analysis.
6. Proven ability to analyze risk and make sound decisions based on data and market trends.
7. Exceptional interpersonal and communication skills with a demonstrated ability to build relationships with brokers and internal stakeholders.
8. High level of business acumen and understanding of profitability drivers in underwriting.
9. Ability to work independently while collaborating effectively with cross-functional teams.
10. Detail-oriented with a strong ability to manage multiple tasks and priorities.

Additional Requirements:

1. Demonstrated flexibility to travel as required for engagements with broker partners and attendance at industry-related functions.
2. Proficiency with underwriting software, Microsoft Office Suite, and other relevant tools.

Why Join Us:

• Competitive salary, health benefits, retirement plans, and professional development opportunities.
• Flexible work arrangements, including the option for remote work where applicable.
• Opportunity to directly influence the company’s growth and profitability by managing a key book of business.

Seniority level

• Associate

Employment type

• Full-time

Job function

• Business Development

Industries

• Insurance