Senior Underwriter or Underwriter, Construction

Liberty Mutual Canada; Vancouver; Hybrid; CAD 75,000 - 110,000; Full time

Job summary

An established industry player is seeking a Senior Underwriter or Underwriter to join their dynamic team in Vancouver. This role is pivotal in underwriting and profitably growing the construction business in Canada. The successful candidate will mentor junior underwriters and manage relationships with brokers and clients, ensuring a collaborative and inclusive work environment. With a commitment to diversity and professional development, this innovative firm offers a flexible work environment, competitive benefits, and the opportunity to make a significant impact in the insurance sector. If you have a passion for underwriting and a growth mindset, this is the perfect opportunity for you.

Benefits

Flexible work environment

Health & dental benefits

Market-leading pension plan

Competitive time off policy

Tuition reimbursement programs

Employee & Family Assistance Programs

Involvement in national employee committees

Qualifications

• Minimum 2 years of experience in the insurance industry, particularly in underwriting.
• Strong analytical skills with a solutions-oriented approach to underwriting.

Responsibilities

• Underwrite and negotiate policy terms for construction business.
• Expand broker/client relationships to facilitate profitable growth.

Skills

Underwriting

Analytical Skills

Communication Skills

Broker Relationship Management

Project Management

Critical Thinking

Education

University Degree in Business

Degree in Engineering or Applied Science

Job description

Department:

Construction First Party

Location:

Toronto or Vancouver

Reports To:

VP, Energy and Construction

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 250 employees and services its clients coast-to-coast from our regional offices in Vancouver, Calgary, Edmonton, 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. Diversity, Equity & Inclusion (DEI) is how we do business, and we’ll continue to invest in it to create a stronger global organization.

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’re looking for a Senior Underwriter or Underwriter to join our growing team! This role will be accountable for underwriting and profitably growing our construction business in the Canadian market. The successful incumbent will also play a role in coaching, mentoring, and training other members of the team to ensure their ongoing professional development. They will manage relationships with select broker partners and clients.

Duties and Responsibilities:

• Follow Liberty’s Guidelines for Inclusion and encourage its use at Liberty. Build personal DE&I knowledge and act as an early adopter of new DE&I skills and processes to drive positive change.
• Underwrite and negotiate policy terms and conditions on target new first-party Construction business, providing mentorship to other underwriters as needed.
• Expand and maintain broker/client relationships to facilitate profitable growth of Construction products through independent sales calls, attending client meetings and representing Liberty at industry events.
• Continuously develop and expand expertise in mainly first party product lines and claims trends, providing recommendations for improvement, as appropriate.
• Collaborate with other Liberty business units in the identification of cross-marketing opportunities.
• Develop our position as a “go to” insurer with target brokers through service excellence and superior underwriting acumen.
• Liaise with the Construction Practice Leader/Management to ensure consistency with underwriting protocols and product strategies.
• Demonstrate effective prioritization of workload.
• Other duties and initiatives as may be assigned.

Skills & Qualifications:

• Minimum 2 years related insurance industry experience.
• Experience in underwriting construction and/or energy property insurance required.
• University degree with a focus in business, engineering or applied science considered an asset.
• Self-starter with proven analytical skills and a proven track record in a solutions-oriented approach to underwriting that drives profitable growth.
• Experience working within a guideline framework, underwriting authorities and protocols.
• Demonstrated broker relationships with global, national and regional brokers.
• Able to successfully identify, facilitate and execute portfolio rollover opportunities, market or sector segmentation opportunities and target accounts.
• Comfortable with critical thinking and a growth mindset, with thoughtful consideration of diverse perspectives during decision-making and respectful of differences.
• Able to respectfully give and receive positive and constructive feedback.
• Effective at managing internal and external meetings with professionalism and clarity while driving mutual accountability for results.
• Effective at change management and adapting to new systems and processes.
• Helps drive innovation through a growth mindset, viewing roadblocks as opportunities for growth and supporting new idea testing, training, and ongoing monitoring of changes.
• Excellent communication, organizational and time management skills.
• Collaborates well across business units.

The target annual salary for this role is $75,000 - $110,000. Salary is commensurate with candidate experience.

Liberty Mutual Canada is committed to fostering an inclusive, accessible environment where all employees feel valued and supported. We are committed to building a workforce that is representative of the communities we operate in and serve. If you require an accommodation for the recruitment/interview process due to a disability (which may be invisible or visible, temporary or permanent), please let us know and we will work with you to meet your needs.