Underwriter, Regional Commercial (Farm)

Economical Insurance; Southwestern Ontario; Hybrid; CAD 51,000 - 94,000; Full time

Benefits offered by this job

Hybrid work schedule

RRSP matching

Pension plan

Volunteer days

Job summary

Economical Insurance in Ontario is seeking a Commercial Farm Underwriter to manage a national farm and commercial portfolio, handling both new business and renewals. The role emphasizes a solid understanding of agricultural risks and a structured training program.

You will assess submissions, negotiate terms with brokers, develop broker relations, provide technical underwriting support, and build a pipeline for future business.

Qualifications

• 3-5 years of experience in Farm/Commercial Lines underwriting
• Solid understanding of commercial risks
• Strong communication skills
• Ability to work under pressure in a busy environment
• Collaborative and adaptable to change

Responsibilities

• Underwrite and service a national Farm and commercial portfolio
• Assess, accept, and decline new business submissions
• Re-underwrite and negotiate renewals, and policy endorsements
• Negotiate the terms and conditions of risk acceptance with brokers in writing, by telephone, email or in person
• Develop and maintain positive broker relations
• Participate in production calls on brokerage offices, as required
• Provide technical support to brokers
• Build a pipeline for new and renewal business
• Leverage tools, resources and reports to evaluate risks and make underwriting decisions

Skills

Customer service

Analytical skills

Team player

Adaptable

Underwriting

Education

University degree

Diploma (2-year)

CIP designation

Job description

The Opportunity

As a Commercial Farm Underwriter, you will be responsible for managing a portfolio of farm property risks, either in a new business or renewal underwriting capacity. While previous farm underwriting experience is an asset, it is not required. If you have a solid understanding of commercial risks, we offer a comprehensive training program that will equip you with the technical knowledge and expertise needed to underwrite agricultural risks effectively.

Job Description

The Opportunity

As a Commercial Farm Underwriter, you will be responsible for managing a portfolio of farm property risks, either in a new business or renewal underwriting capacity. While previous farm underwriting experience is an asset, it is not required. If you have a solid understanding of commercial risks, we offer a comprehensive training program that will equip you with the technical knowledge and expertise needed to underwrite agricultural risks effectively.

• You will be responsible for underwriting and servicing a national Farm and commercial portfolio.
• You’ll assess, accept, and decline new business submissions
• You’ll re-underwrite and negotiate renewals, and policy endorsements
• You’ll negotiate the terms and conditions of risk acceptance with brokers in writing, by telephone, electronic mail or in person
• You’ll develop and maintain positive broker relations
• You’ll participate in production calls on brokerage offices, as required
• You’ll provide technical support to brokers
• You’ll build a pipeline for new and renewal business
• You’ll leverage tools, resources and reports to appropriately evaluate risks and make effective Underwriting decisions

What You Bring

• University degree in any discipline or a 2 year diploma from a publicly recognized and funded college or a completed CIP designation
• Minimum of 3-5 years of experience in Farm/Commercial Lines underwriting
• Strong customer service, verbal, and written communication skills
• Strong analytical skills; able to quickly interpret data, information, reports
• You perform well in a busy environment and remains calm under pressure
• You’re a team player that is adaptable to a changing environment
• You have strong problem-solving abilities and well-developed analytical skills
• You can weigh many complex factors to ultimately make sound decisions, and explain your rationale
• Your work ethic drives you to take on challenges and see them through to completion
• You collaborate well will others, sharing your ideas, and listening to and integrating those of others

Salary Range: $51,300-$94,400

Actual salary for the role may vary depending on work location of the successful candidate and other factors including but not limited to, skills, education, experience, working conditions and the local labour market.

This position is being posted to fill an existing vacancy.

What’s in it for you?

• Hybrid work schedule for most roles
• Company share ownership program
• Incentive Program - Eligible employees may participate in various incentive plans which are paid out at the discretion of the company and subject to individual and company performance.
• Pension and savings programs, with company-matched RRSP contributions
• Paid volunteer days and company matching on charitable donations
• Educational resources, tuition assistance, and paid time off to study for exams
• Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents
• Wellness and recognition programs
• Discounts on products and services

Go ahead and expect a lot — you deserve it.

It’s better here — but don’t take our word for it. Definity was named by Great Place to Work® as one of the Best Workplaces™ in Canada for women, for youth, and for inclusion.

Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know by contacting [e-mail].

As part of Definity’s commitment to reconciliation, we acknowledge that our work, meetings, and travel take place on the lands now known as Canada, and recognize the enduring presence, wisdom, and stewardship of the First Nations, Métis, and Inuit peoples who have long cared for these lands.

Background checks

This role requires successful clearance of background checks (including criminal checks and leadership references).

About The Team

Economical is part of Definity, which includes some of Canada’s most long-standing and innovative insurance brands, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. Our ambition is to be one of Canada’s leading and most innovative property and casualty insurers. We can’t do that without our people, so we embrace and encourage a culture that’s collaborative, ambitious, rewarding, and empowering.

We offer a flexible, hybrid work experience where employees work from the office and virtually depending on the type of work they are doing and who they are working with. Bring your true self and be a part of our journey. It’s better here.