Senior Underwriter (PL Mono)

Sgi Canada; Winnipeg; Hybrid; CAD 74,000 - 94,000; Full time

Job summary

A leading insurance company in Winnipeg is seeking a Senior Underwriter (Personal Lines Mono-line) to lead underwriting operations and broker relationships. This role requires expertise in evaluating and negotiating insurance risks, ensuring quality decision-making, and mentoring a team. Candidates should possess 5-7 years of underwriting experience and a relevant two-year diploma. The position offers a hybrid work model and a competitive salary range of $74,207 to $93,648.

Qualifications

• 5–7 years experience in underwriting is required.
• Knowledge of insurance products and relevant legislation.
• Expertise in rating procedures and premium determination.

Responsibilities

• Manage team leadership and provide support for underwriting.
• Evaluate risks and ensure proper rating and decisions.
• Develop relationships with brokers for successful partnerships.

Skills

Loan Processing

Credit Analysis

Negotiation

Risk Analysis

Underwriting

Education

Two-year diploma from an accredited post-secondary institution

Job description

Overview

Do you value integrity and innovation? How about passion and caring? Great! We value those qualities and promote a culture of trust and participation that encourages you to bring your heart and mind to work every day.

In-Scope

Location: Winnipeg • Pay Range: $74,207 - $93,648 • Close Date: July 25, 2025

Work Location: This role is eligible for hybrid; you will have the flexibility of working from home and in the office on a scheduled rotation after training requirements are met. Until then, the successful incumbent will be expected to work on-site full-time.

General Accountability

The Senior Underwriter (Personal Lines Mono-line) is responsible for day-to-day team leadership and provides support, guidance, advice and direction. The Senior Underwriter handles underwriting of complex, high-touch and high-value risks for Personal Lines insurance. Responsibilities include evaluating rate and process for property or auto insurance requests, focusing on the customer experience, and developing relationships with brokers to build lasting and profitable partnerships. The role also involves evaluating and recommending actions to improve profitability and portfolio performance, mentoring and training staff, and building knowledge about end-customer needs through broker relationships.

Key Accountabilities

Note: This section is not intended to be exhaustive; other duties may be assigned.

Underwriting Operations

• Evaluates multiple products and their risk factors in a holistic, customer-centric approach to determine risk acceptability and rating.
• Reviews and evaluates quotes, new applications, renewals, revisions and cancellations to determine risk acceptability for high-touch, high-value, critical accounts, corporate accounts and key broker partners.
• Evaluates complex risks and determines if risk is acceptable, needs modification or should be declined based on analysis of all information pertinent to the risk and within the underwriter’s authority.
• Calculates premiums, ensuring appropriate rates are used and discounts/surcharges are applied within underwriting guidelines, applicable laws and regulations.
• Negotiates with brokers regarding conditions, limitations, rates and premiums.
• Corresponds with brokers to request information and explain underwriting requirements and decisions.
• Reviews and approves requests that fall outside the authority levels of staff in less senior positions.
• Collaborates with internal and external stakeholders to discuss risk acceptance and policy wording interpretation.
• Interprets and applies policy wordings, conditions, limitations, rates and premiums with a focus on customer needs.
• Completes large loss underwriter reviews and claim alerts, providing feedback and recommendations on underwriting decisions and actions.
• Collaborates with loss prevention partners to measure risk acceptance and improve risk.
• Understands existing and emerging industry and regional trends and market conditions and applies this knowledge to business decisions.
• Analyzes and makes data-driven decisions on brokers’ books of business.
• Participates in periodic work reviews for quality assurance purposes for underwriters and brokers.
• Participates in projects and initiative planning.
• Identifies and recommends improvements to insurance products and/or systems.
• Determine percentage of involvement in ceding and placement of policies (where applicable).
• Provides exceptional service delivery in portfolio underwriting, maintaining an informed mindset and challenging the status quo to provide the best underwriting service.

Broker Relationship Management

• Delivers a unified view of personal lines combining product, technology and services for broker partners.
• Identifies opportunities to improve broker experience and seeks solutions while adhering to company guidelines.
• Develops and maintains relationships with an assigned group of brokers to build lasting and profitable partnerships, including broker visits.
• Collaborates with claims and other departments to deliver a consistent experience to brokers and customers.
• Assists with training staff, brokers and external parties on products and procedures. Prepares and conducts formal presentations.
• Understands the technology brokers use and offers tailored approaches to deliver on the ease of doing business mandate.
• Explains underwriting criteria and decisions to brokers (verbally and/or in writing).
• Evaluates brokers' portfolios to identify positive or negative trends with respect to quantity and quality of business.
• Proactively manages assigned brokers to shape their portfolios to match SGI CANADA’s target portfolio.

Team Leadership

• Team Leadership (Underwriter Assistants, Underwriter I, Underwriter II – Personal Lines). Leads the implementation of business processes, operations and policies through training, practical application and feedback.
• Monitors and oversees the assignment of work; delegates, reviews and ensures quality of work.
• Leads the implementation of business processes, operations and policies through training, practical application and feedback.
• Provides input or participates in performance feedback.

High Performance Team & Culture

• Supports a culture of leadership and accountability to effectively meet the key accountabilities within the scope of the role.
• Displays leadership by committing to continuous learning and supports others by sharing knowledge, providing guidance, mentoring, training and developmental opportunities.
• Demonstrates the Health, Safety and Emergency Management policy as applied to area of responsibility.
• Supports transformation and strategic initiatives of the corporation, participating in change and applying a growth mindset.

Technical Knowledge & Skills

• Knowledge of the coverages of insurance products and related provincial/federal legislation applicable to Personal Lines (Auto or Property).
• Knowledge of the Principles & Practices of Insurance.
• Knowledge and skill of rating procedures, interpretation and application of established criteria to determine premiums, coverages and deductibles.
• Knowledge of other lines of insurance and skill in promoting SGI CANADA insurance products to brokers.

Education & Certifications

A two-year diploma from an accredited post-secondary institution in a relevant field such as Business.

Experience

5–7 years experience in underwriting.

Diversity is a cornerstone of SGI. We believe all candidates should be given the opportunity to fully participate during the recruitment process. If you require an accommodation during the recruitment process, please submit accommodation requests to us; all information received will be kept confidential.

Pay Range: $74,207.00 - $93,648.00

Posting Close Date: July 25, 2025

Required Experience: Senior IC

Key Skills: Loan Processing, Credit Analysis, Fraud, Math, Risk Analysis, Pricing, Analysis Skills, Fair Housing Regulations, Equity Research, Underwriting, Negotiation, RMF

Employment Type: Full-Time

Experience: years

Vacancy: 1

Monthly Salary: 74207 - 93648

Notes: This description includes a diversity and accommodation statement and general information; any legal or compliance statements were kept as provided.