Underwriting Specialist, Auto

Zurich 56 Company Ltd; Calgary; Hybrid; CAD 60,000 - 100,000; Full time

Job summary

An established industry player in the insurance sector is seeking an Automobile Underwriting Specialist to join their dynamic team. This role offers a unique opportunity to leverage your underwriting expertise in a supportive environment that values collaboration and diversity. You will manage a portfolio of complex commercial auto risks, working closely with brokers to identify growth opportunities and negotiate terms. With a focus on continuous improvement and employee well-being, this company provides comprehensive training, generous vacation, and personal days, ensuring you thrive both professionally and personally. Join a company that celebrates diversity and is committed to making a positive impact in the community.

Benefits

Comprehensive health/benefits plan

Minimum of four weeks of vacation

Four personal days per year

Access to training and development opportunities

Qualifications

• 5+ years of experience in Underwriting or Market Facing area.
• Knowledge of Microsoft Office and teamwork experience required.

Responsibilities

• Proactively seek renewal and new account opportunities with brokers.
• Negotiate terms and close deals while managing complex accounts.

Skills

Underwriting

Communication Skills

Analytical Skills

Negotiation

Teamwork

Education

High School Diploma

Associate Degree

Bachelor's Degree

Tools

Microsoft Office

Job description

The Opportunity

Are you looking for a caring, collaborative, values-driven workplace with inspiring teammates and leaders? Do you have the ambition and desire to be the best and thrive at the most impactful global insurance provider in the world? Look no further than Zurich Canada.

Zurich Canada is currently looking for an Automobile Underwriting Specialist to further develop our portfolio in the Ontario commercial insurance market.

Reporting to the Regional Manager of Automobile, you will be responsible for a portfolio of existing medium to large complex commercial auto risks, but you will also have the ability to develop your automobile portfolio further. Leveraging your broad broker network and your in-depth underwriting knowledge of all automobile products regionally and nationally to grow your book of business.

To analyze and underwrite new and renewal business, under limited direction, utilizing The Zurich Way of Underwriting Framework within delegated authority levels on highly complex assignments ensuring a high-level service to customers.

This is a unique opportunity to build your knowledge and experience for the future in a supportive environment where your voice matters.

This is a hybrid work opportunity.

What you will do:

1. Proactively seek renewal and new account opportunities with key broker partners.
2. Complete detailed opportunity assessment with key distributors to identify growth opportunities.
3. Qualify accounts to meet with the organization's appetite, balanced with sound business opportunity.
4. Make agent/broker/customer and on-site calls with a planned and well-prepared purpose.
5. Negotiate Terms & Conditions and close deals.
6. Cross-Sell other lines of business to increase product density with the account.
7. Participate in Sales Team meetings as related to assigned brokers and/or territory.
8. Proactively engage in the target account process, managing a qualified list of opportunities 90 to 120 days prior to effective date.
9. Update required systems with details of broker/client visits and account status within specified time frame.
10. Serve as key contact for assigned target accounts.
11. Develop strong broker and client networks as related to industries underwritten by Business Unit.
12. Calculate Target Price accurately by utilizing underwriting tools appropriately.
13. Measure exposure/analyze risk.
14. Assist in training and developing staff.
15. Provide expertise on coverage issues with claims programs and guidelines.
16. Contribute to development of underwriting manuals, programs, and guidelines.
17. Approve/place facultative purchases.
18. Promote the organization's products and services in order to increase penetration within agency plant.
19. Ensure the successful completion of projects by maintaining continuing dialogue with business unit sponsors during implementation of major projects.
20. Diagnose and develop recommendations to solve unique business unit and customer problems.
21. Lead complex technical or long-term (over 6 months) business projects to implement new or changed systems, programs, or products.
22. Investigate, recommend and implement leading edge technical solutions when they meet customer needs.

Job Qualifications

Required:

1. High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing area.
2. OR High School Diploma or Equivalent and 10 or more years of experience in the Claims or Underwriting Support area.
3. OR Zurich Certified Insurance Apprentice including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area.
4. OR Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support area.

AND

1. Knowledge of Microsoft Office.
2. Experience working on time restraints for quotes on new and renewal business.
3. Experience working in a team environment.

Preferred:

1. 5+ years Underwriting Commercial Automobile Risks (IRCA, Garage, Fleet) with a focus on medium to large accounts.
2. Experience in:

• Medium to large sized, bulk rated fleet risks;
• Loss rated accounts;
• Working with actuarial type risks;
• Loss sensitive, high retention policies;
• Heavy commercial US exposure and/or US plated;
• Filings and Regulatory challenges;
• Updated fleet technology knowledge.

Bachelors Degree.

Strong verbal and written communication skills.

Microsoft Office experience.

Our Culture

At Zurich, we are proud of our culture. We are passionate about Diversity, Inclusion, Equity, and Belonging (DEIB). We want you to bring your whole self to work, and we want our employees to be reflective of the communities in which we live and work. Our DEIB initiatives are creating an environment where everyone feels welcome.

We have a collaborative culture where diversity of thought is valued. We value your input and strive to give our employees the tools they need to make an impact.

We care about our employees’ well-being and offer a comprehensive health/benefits plan with varying levels of coverage to suit your specific needs and a competitive total compensation package.

We understand how important it is to rest, recharge and do the things you love. At Zurich, all employees receive a minimum of four weeks of vacation per year to do just that.

We also understand that employees require time off for personal reasons. Maybe you have an appointment during a workday, a cultural or religious holiday you would like to observe, or you need time off to focus on your mental health. Zurich employees receive four personal days per year to be used at their discretion.

We are committed to continuous improvement and offer access to a comprehensive range of training and development opportunities.

We care about our communities. Our communities are where our customers, people, and shareholders live and work. While we can be proud of the contribution to society Zurich makes through our core business of insurance, we must also give back to our communities through our talent, time, and resources.

We have won numerous awards for our workplace culture. We are proud to be one of Greater Toronto’s Top Employers and to have received Insurance Business Canada’s 5-Star Diversity, Equity, and Inclusion Award.

Make a difference. Be challenged. Be inspired. Be supported. Love what you do. Work for us.

About Us:

Zurich Canada is part of the Zurich Insurance Group, a multi-line insurer with approximately 55,000 employees worldwide serving customers in global and local markets. Zurich Canada has been a leading insurance provider serving mid-sized and large companies, including multinational corporations, in the Canadian commercial market for 100 years. With over 500 employees in offices across the country, Zurich offers the global strength of a top insurance provider combined with in-depth knowledge of industries and local markets.