Underwriting Specialist, Commercial Auto

Sovereign Insurance; Montreal; Hybrid; CAD 75,000 - 95,000; Full time

Job summary

A leading insurance provider in Montreal seeks an Underwriting Specialist for Commercial Auto to evaluate large, complex applications. Responsibilities include underwriting new business and maintaining broker relationships. The ideal candidate has 5-7 years of underwriting experience, particularly with medium to large accounts. Join us for a comprehensive rewards package, including a competitive salary and holistic well-being programs.

Benefits

Competitive salary

Bonus

Paid time off

Pension

Comprehensive benefits

Holistic well-being programs

Flexible work options

Qualifications

• 5-7 years of experience in Commercial Auto Underwriting.
• Experience in auto and transportation for medium to large accounts.
• Proven ability to build lasting broker relationships.

Responsibilities

• Underwrite and quote new business, renewals, and endorsements.
• Negotiate coverage and rates.
• Maintain positive relationships with brokers.

Skills

Commercial Auto Underwriting experience

Broker relationship building

Problem-solving

Negotiation

Education

Chartered Insurance Professional (CIP) designation

Job description

Company: Sovereign Insurance

Department: Commercial Underwriting

Employment Type: Regular Full-Time

Work Model: Hybrid

Language: French is required, English is an asset

The Opportunity:

As a wholly owned subsidiary of the Cooperators General Insurance, Sovereign Insurance values your experience. We are committed to our clients and employees, recognizing that our strength begins with our people. We seek smart, curious, and collaborative individuals who bring passion to their work. We prioritize the well-being of our team to inspire them to protect Canadian businesses and communities. Join us to shape your experience at Sovereign.

As an Underwriting Specialist, Commercial Auto, you will review and evaluate large, complex account applications to determine risk, coverage, and premiums. You will accept or reject applications based on established policies, procedures, standards, and authority levels.

How you will create impact:

• Promote, underwrite, and quote new business, renewals, and endorsements according to the company’s underwriting philosophy, rating, loss ratio objectives, service standards, and authority levels.
• Negotiate coverage and rates and participate in underwriting audits.
• Complete necessary documentation supporting your business.
• Develop and maintain positive relationships with brokers.
• Contribute to team goals, including written premium and profitability objectives.

How you will succeed:

• Deliver exceptional client experiences through positive relationships and accountability.
• Align your actions with the company’s purpose, vision, and values, even under challenge.
• Support and guide others through change and explore new opportunities.
• Encourage cooperative dialogue to leverage diverse perspectives for creative solutions.

To join our team:

• 5-7 years of Commercial Auto Underwriting experience, with proven success in underwriting new business.
• Experience in auto and transportation, focusing on medium to large accounts.
• Chartered Insurance Professional (CIP) designation is an asset.
• Proven ability to build lasting broker relationships.
• This role primarily involves working with non-francophone groups outside Québec and requires proficiency in English. Non-French duties are not assignable to other team members.

What you need to know:

• Detail-oriented work requiring high concentration for extended periods.
• Support clients experiencing personal or financial loss with confidentiality and discretion.

What’s in it for you?

• The chance to work on challenging projects and contribute your expertise and passion.
• A comprehensive rewards package including competitive salary, bonus, paid time off, pension, and benefits.
• Holistic well-being programs and flexible work options.
• Work on an inclusive team that inspires and achieves together.