Underwriter, Regional Property

Definity; Edmonton; On-site; CAD 48,000 - 90,000; Full time

Job summary

A leading insurance company is seeking an Underwriter to assess and negotiate moderate to complex business submissions. This role requires strong underwriting skills, with responsibilities including re-underwriting renewals and maintaining broker relations. The ideal candidate will have a university degree or CIP designation and 3-5 years of experience in Commercial Property and Casualty underwriting. The company promotes diversity and inclusion, making it a great workplace for all.

Benefits

Company share ownership program

Pension and savings programs

Paid volunteer days

Educational resources and tuition assistance

Wellness and recognition programs

Discounts on products and services

Qualifications

• Minimum of 3-5 years Commercial Property and Casualty underwriting experience required.
• Proficient in Microsoft Word and Excel.
• Strong written and verbal communication skills necessary.

Responsibilities

• Assess and accept new business submissions within assigned authority.
• Negotiate renewals and policy endorsements.
• Mentor less experienced team members.

Skills

Problem Solving

Team Player

Communication

Negotiation

Education

University degree or college diploma or CIP designation

Tools

Microsoft Word

Microsoft Excel

Job description

• Assessing, accepting, and declining moderate to complex new business submissions, within assigned underwriting authority
• Re-underwriting and negotiating renewals and policy endorsements
• Ordering of inspections, financial reports, or other underwriting information for use in your analysis of critical risk hazards and decision making
• Negotiating the terms and conditions of risk acceptance with brokers in writing, by telephone, electronic mail or in person
• Participating in production calls on brokerage offices, as required
• Providing technical support to brokers
• Actively participating in weekly internal production meetings
• Mentoring and providing technical support to less experience team members
• Contribute to the profitable growth of the business by identifying the underlying factors that contribute to the profitability of a risk while demonstrating the ability to constructively engage, influence and negotiate to exceed broker needs and expectations.
• Demonstrate a strong market knowledge and visibility in the industry as a respected collaborator able to partner with brokers for the purpose of growing a profitable portfolio of business.
• Make underwriting and pricing decisions on individual risks, as well as underwriting the individual risk within the context of a broker's broader portfolio of business.
• Be accountable for the selection and proper rating of mid-market property insurance transaction types (e.g., applications, endorsements, renewals, cancellations, voids, reinstatements, etc.).

What do you bring to the role?

• University degree or a college diploma or the CIP designation is required
• Minimum of 3- 5 years Commercial Property and Casualty underwriting experience
• Proficient in Microsoft Word and Excel
• Professional friendly and courteous in all interactions, with both customers and co-workers
• Performs well in a busy environment and remains calm under pressure
• Team player adaptable to a changing environment
• Strong written and verbal communication skills
• Strong problem solving abilities
• Proven ability to develop and maintain positive broker relations

48,700 - $89,800

About Us

Interested in this role, but don’t meet every requirement? We encourage you to apply! We know from experience that a candidate doesn’t need 100% of the qualifications listed to bring incredible value to our team. We’re actively seeking diverse backgrounds and perspectives to help us make insurance better. At Definity, inclusion, diversity, and equity aren’t just “nice to have” — they’re essential to our success.

What’s in it for you?

• Company share ownership program
• 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

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. In addition to base pay, 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.

Go ahead and expect a lot — you deserve it.

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.

Background checks

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