Underwriter, Regional Property

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

Job summary

An established industry player is seeking a skilled underwriter to join their dynamic team. In this role, you will assess and negotiate moderate to complex new business submissions, ensuring the profitable growth of the company. Your expertise in Commercial Property and Casualty underwriting will be crucial as you provide technical support to brokers and mentor less experienced team members. With a strong focus on building positive broker relations, you will thrive in a busy environment while demonstrating exceptional problem-solving abilities. If you're ready to make a significant impact in a collaborative setting, this opportunity is perfect for you.

Qualifications

• 3-5 years of experience in Commercial Property and Casualty underwriting is essential.
• University degree or college diploma or CIP designation is required.

Responsibilities

• Assess and negotiate new business submissions and renewals.
• Provide technical support to brokers and mentor team members.
• Make underwriting and pricing decisions on individual risks.

Skills

Commercial Property and Casualty underwriting

Microsoft Word

Microsoft Excel

Strong written and verbal communication

Problem-solving

Sales orientation

Broker relations

Education

University degree

College diploma

CIP designation

Tools

Microsoft Office

Job description

What can you expect in this role?

1. Assessing, accepting, and declining moderate to complex new business submissions, within assigned underwriting authority.
2. Re-underwriting and negotiating renewals and policy endorsements.
3. Ordering of inspections, financial reports, or other underwriting information for use in your analysis of critical risk hazards and decision making.
4. Negotiating the terms and conditions of risk acceptance with brokers in writing, by telephone, electronic mail or in person.
5. Participating in production calls on brokerage offices, as required.
6. Providing technical support to brokers.
7. Actively participating in weekly internal production meetings.
8. Mentoring and providing technical support to less experienced team members.
9. Contributing 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.
10. Demonstrating 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.
11. Making 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.
12. Being 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?

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

Salary range: $48,700 - $89,800