Underwriting Specialist, Commercial Mid-Market # 9580

InsuranceWorks.ca; Toronto; Hybrid; CAD 85,000 - 120,000; Full time

Job summary

A leading global insurer is looking for an Underwriting Specialist focused on Commercial Mid-Market risks in Toronto. The specialist will manage complex underwriting, develop broker relationships, and mentor junior staff. This role requires advanced underwriting expertise and a strong ability to navigate complex business problems.

Qualifications

• Typically a minimum eight to ten years underwriting experience.
• Professional designations preferred.
• Ability to manage and prioritize multiple projects.

Responsibilities

• Manages a highly complex book of business with focus on production underwriting.
• Analyzes quality, quantity, and profitability of underwriting risks.
• Mentors less experienced underwriters.

Skills

Advanced technical expertise

Strong communication skills

Negotiation skills

Problem-solving skills

Leadership skills

Education

Bachelor's degree or equivalent experience

Tools

Microsoft Office Suite

Job description

Underwriting Specialist, Commercial Mid-Market

If you thrive working on highly complex commercial risk this role may be for you

Hybrid - Toronto

Global Insurer

Individual contributor responsible for the overall management, business development, analysis and monitoring of a highly complex book of business with a focus on production underwriting. Recognized as a technical expert in an underwriting specialty. Under general management direction, works within broad limits of authority on assignments requiring a high degree of technical complexity and coordination.

JOB DESCRIPTION:

• Performs a combination of duties in accordance with departmental guidelines.
• Works on highly complex underwriting risks employing diagnostic and systematic analysis to assess acceptability. Develops specialized endorsement language for highly complex risk.
• Determines appropriate pricing of complex risks for assigned book of business based on financial and competitive analysis in line with compliance requirements and with little oversight needed from superiors.
• Makes recommendations on underwriting policy and pricing strategy.
• Analyzes quality, quantity, and profitability of highly complex risks underwritten; prepares and presents reports to management.
• Markets products and services through through the brokerage community and makes field visits.
• Develops and maintains broker relationships with large producers within the assigned territory to reach positive and profitable outcomes on complex, high-risk business.
• Keeps current on provincial/territory issues and regulations, industry activity and trends. May participate in industry trade groups.
• Mentors and guides less experienced underwriters and assists in the development of underwriting training.
• Utilizes advanced functionality in relevant company systems to perform day-to-day activities.
• Responsible for special underwriting projects and presentations.

Skills, Knowledge and Abilities

• Advanced technical expertise, underwriting skill and high level of knowledge of insurance and underwriting principles, practices and procedures.
• Strong communication, negotiation and presentation skills.
• Ability to effectively interact with all levels of the company's internal and external business partners.
• Advanced analytical and problem solving skills, with the ability to manage and prioritize multiple projects.
• Ability to deal with ambiguous situations and issues.
• Creativity in resolving unique and challenging business problems.
• Knowledge of Microsoft Office Suite and other business-related software.
• Demonstrated leadership skills.

Education and Experience
• Bachelor's degree or equivalent experience. Professional designations preferred.
• Typically a minimum eight to ten years underwriting experience.

DGA Careers has been proudly serving the Canadian insurance industry for over 30 years, specializing in providing insurance recruiting services to major insurers, insurance brokerage firms and independent adjusting firms. With offices in Toronto, Vancouver, Montreal, Edmonton, and Calgary, DGA is well positioned to conduct searches with a national scope. Our unrivalled professional network across Canada provides us with the ability to reach vital key influencers and passive candidates nationally.

Interested candidates please contactAntonella Leoneat647-624-9609or forward your resume in confidence to