Underwriter, Regional Underwriting

Definity Financial; Waterloo; On-site; CAD 50,000 - 93,000; Full time

Job summary

A leading financial company is seeking an Underwriter to assess and negotiate new business submissions and renewals. The ideal candidate will have a university degree or diploma, 3-5 years of underwriting experience, and strong analytical and communication skills. This role requires building broker relationships and making informed underwriting decisions in a dynamic environment.

Qualifications

• 3-5 years experience in Farm/Commercial Lines underwriting.
• Ability to interpret data and reports quickly.
• Strong work ethic and adaptability in a busy environment.

Responsibilities

• Assess, accept, and decline new business submissions.
• Negotiate terms and conditions of risk acceptance.
• Maintain positive broker relations and provide support.

Skills

Customer service

Analytical skills

Communication

Negotiation

Problem-solving

Education

University degree or 2 year diploma

CIP designation

Tools

Computer literacy

Job description

What to expect

• 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
• Strong computer literacy skills
• Strong ability to influence and effectively negotiate with stakeholders
• You’re professional, friendly and courteous in all interactions, with both customers and co-workers
• 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
• You maintain excellent existing broker relationships and the proven ability to create and nurture new relationships
• You possess the ability to successfully maneuver difficult conversations with ease while exercising empathy, patience, professionalism, and the use of positive language.

Salary Range: $50,200 - $92,500