Underwriter, Commercial Auto (ECH-ON)

CAA Club Group; Mississauga; On-site; CAD 60,000 - 80,000; Full time

Job summary

A leading insurance company seeks an Underwriter to evaluate and negotiate policies for commercial auto insurance. The ideal candidate will have a strong background in underwriting, excellent analytical skills, and a dedication to high service standards. This role offers competitive compensation, benefits, and opportunities for career growth in a dynamic environment.

Benefits

Competitive total compensation and benefits package

Annual shared success program based on performance

Defined Contribution Pension Plan with matching contributions

Complimentary CAA Membership

Qualifications

• Minimum of 3 years relevant experience in commercial auto underwriting.
• Working knowledge of underwriting techniques and regulatory constraints.
• Ability to focus on broker and customer needs.

Responsibilities

• Evaluate, negotiate, and price assigned policies.
• Analyze new business for risk profitability.
• Maintain relationships with brokers and customers.

Skills

Analytical skills

Decision-making skills

Written communication skills

Verbal communication skills

Organizational skills

Team player

Education

Post-secondary education

CIP designation or pursuing CIP courses

Tools

Guidewire

RTM

Passport

Job description

• Responsible for the successful evaluation, selection, negotiation and pricing for assigned policies to ensure a profitable book of business within established underwriting authority
• Completes data entry of policy information to ensure timeliness of transactions
• Ensures endorsements, renewals, reissues and cancellations are reviewed and analyzed in accordance with corporate standards and guidelines
• Analyzes new business for risk profitability by assessing exposures and hazards as determined by review of underwriting data
• Works within assigned Authority Levels
• Develops and maintains professional relationships with brokers and / or customers to enhance understanding of the target market and to contribute to quality service, problem solving, and risk selection through the adherence of company service standards
• Conducts broker visits
• Maintains knowledge of industry trends, developments, and regulatory changes including competitive analysis and information
• Collaborates with brokers and customers to assist in business retention and customer satisfaction through regular interaction
• Investigates customers' risk factors relative to corporate pricing approach to gain support, agreement and enhance relationships
• Participates in the communication and education of brokers concerning the corporate underwriting philosophy, policies, and procedures as required
• Understands and applies best business practices towards compliance, internal control and operational risk controls
• Assists in the price monitoring, risk selection and data quality performance reviews
• Works collaboratively on special projects and assignments when required

Who You Are

• Post-secondary school education and / or equivalent on the job experience
• Minimum of 3years relevant experience in commercial auto underwriting
• Working knowledge of underwriting techniques, guidelines, rating programs, risk information sources, coverages, underwriting / technical manual information, statutory constraints, and computer workflow procedures
• Good computer skills including Outlook, Word and Excel
• Knowledge of Guidewire, RTM, Passport would be an asset
• CIP designation or working towards completing CIP courses
• Performs well in a busy and dynamic operation
• Team player adaptable to a changing environment
• Ability to focus on the broker and customer needs, ensuring a high quality of service is provided along with a long-term perspective in addressing broker or business area problems / issues
• Demonstrated commitment to ongoing professional and technical development
• Demonstrated commitment to high standards of performance and goals
• Strong analytical and decision-making skills
• Strong written and verbal communication skills
• Excellent organizational skills and ability to manage priorities

What’s In It For You

• Competitive total compensation and benefits package
• Annual shared success program based on performance
• Annual merit increases based on performance
• Defined Contribution PensionPlan with a matching contribution component
• Complimentary CAA Membership

Please note : Internal applicants are asked to formally express their interest by applying online no later than 10 business days of position being posted.

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