Underwriting Specialist, Auto

Zurich 56 Company Ltd; Toronto; Hybrid; CAD 70,000 - 90,000; Full time

Job summary

A leading insurance provider in Canada is seeking an Automobile Underwriting Specialist to manage and develop a portfolio in commercial auto risks. The role involves proactive account management, team collaboration, and leveraging broker networks. Ideal candidates will have significant underwriting experience and a strong understanding of commercial automobile products, along with proficiency in Microsoft Office. This position offers a hybrid working model with a commitment to employee development and diversity.

Benefits

Comprehensive health/benefits plan

Four weeks of vacation per year

Ongoing training and development opportunities

Qualifications

• 5+ years of experience in the Underwriting or Market Facing area.
• Experience working on time restraints for quotes on new and renewal business.
• Knowledge of Microsoft Office.

Responsibilities

• Proactively seek renewal and new account opportunities.
• Negotiate Terms & Conditions and close deals.
• Develop strong broker and client networks.

Skills

Underwriting Commercial Automobile Risks

Verbal and written communication skills

Microsoft Office

Team collaboration

Education

High School Diploma or Equivalent

Associate Degree

Job description

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, and you will have the ability to develop your automobile portfolio further by 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 hybrid work opportunity.

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.

What you will do

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

Job Qualifications

Required:

• High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing area.
• OR High School Diploma or Equivalent and 10 or more years of experience in the Claims or Underwriting Support area.
• OR Zurich Certified Insurance Apprentice including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area.
• OR Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support area.
• Knowledge of Microsoft Office.
• Experience working on time restraints for quotes on new and renewal business.
• Experience working in a team environment.

Preferred:

• 5+ years Underwriting Commercial Automobile Risks (IRCA, Garage, Fleet) with a focus on medium to large accounts.
• Experience with medium to large sized bulk rated fleet risks; loss rated accounts; actuarial-type risks; loss sensitive, high retention policies; heavy commercial US exposure and/or US plated; filings and regulatory challenges; updated fleet technology knowledge; and a Bachelors Degree.
• Strong verbal and written communication skills.
• Microsoft Office experience.

Our Culture

• We are proud of our culture and committed to Diversity, Inclusion, Equity and Belonging (DEIB). We want our employees to be reflective of the communities in which we live and work.
• We have a collaborative culture where diversity of thought is valued and we provide tools to make an impact.
• We offer a comprehensive health/benefits plan with varying levels of coverage and a competitive total compensation package.
• We provide four weeks of vacation per year and four personal days per year.
• We are committed to continuous improvement and offer access to training and development opportunities.
• We are engaged with the community and have won awards for workplace culture.

About Us

Zurich Canada is part of the Zurich Insurance Group, a multi-line insurer with approximately 55,000 employees worldwide. Zurich Canada serves mid-sized and large companies in the Canadian commercial market and has offices across the country. We strive to be a premier partner for risk management and provide ongoing career development opportunities.

Zurich is an equal opportunity employer. We welcome applicants from diverse backgrounds. If you require accommodation during the hiring process, please indicate so in your application.