Commercial Lines Underwriter, Middle Market (Oil & Gas)

Definity Financial$59K — $109K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • University degree or college diploma.
  • 3 to 5 years of experience in insurance or underwriting within the Property & Casualty sector.
  • Experience or strong interest in Oil & Gas Property, Inland Marine, Casualty, and Auto lines.
  • Chartered Insurance Professional (CIP) designation or progress toward completion is a plus.
  • Sales and business development mindset with a focus on relationship building.

Responsibilities

  • Manage and grow a profitable portfolio of renewal business with strong retention results.
  • Assess, evaluate, and quote new business opportunities within underwriting authority.
  • Analyze and price complex risks in the Oil & Gas sector, providing competitive solutions.
  • Negotiate terms, conditions, and coverage solutions with broker partners.
  • Build and strengthen relationships with brokers through meetings and account reviews.
  • Serve as a trusted advisor and technical resource to brokers, enhancing the Oil & Gas practice's market position.
  • Collaborate with internal stakeholders to support the growth of the Oil & Gas portfolio.

Benefits

  • Hybrid work schedule for most roles.
  • Company share ownership program.
  • Incentive Program based on individual and company performance.
  • Company-matched RRSP contributions in pension and savings programs.
  • Paid volunteer days and matching on charitable donations.
  • Educational resources, tuition assistance, and paid exam study time.
  • Support for gender affirmation surgery and access to BIPOC counsellors.
  • Wellness and recognition programs, along with product discounts.
Full Job Description
Job Description

The Opportunity

Come work on a team where you will have the opportunity to focus on a key and strategic portfolio in a sector that drives the Canadian economy. On the Vertical Oil and Gas team, you will have the chance to build wholistic insurance programs (P&C and Auto) both domestically and abroad for insured's who work in the upstream and midstream oil and gas sector.

What to Expect
• Manage and grow a profitable portfolio of renewal business while maintaining strong retention results.
• Assess, evaluate, and quote new business opportunities within your underwriting authority.
• Analyze and price complex risks across the Oil & Gas sector, delivering competitive and sustainable solutions.
• Negotiate terms, conditions, and coverage solutions with broker partners.
• Build and strengthen relationships with brokers through regular client meetings, marketing initiatives, and account reviews.
• Serve as a trusted advisor and technical resource to brokers, helping position our Oil & Gas practice as a market leader.
• Collaborate with internal stakeholders to promote and support the continued growth of the Oil & Gas portfolio.
• Share knowledge, mentor team members, and contribute to a culture of learning and excellence.
• Stay informed on industry trends, emerging risks, and market developments.
• Support additional projects and initiatives as required.

What you Bring
• University degree or college diploma.
• 3 to 5 years of insurance or underwriting experience within the Property & Casualty industry.
• Experience with, or a strong interest in developing expertise in, Oil & Gas Property, Inland Marine, Casualty, and Auto lines.
• Chartered Insurance Professional (CIP) designation, or progress toward completion, is considered an asset.
• Strong sales and business development mindset with a passion for building relationships.

Salary Range: $59,300-$109,200

Actual salary for the role may vary depending on work location of the successful candidate and other factors including but not limited to, skills, education, experience, working conditions and the local labour market.

This position is being posted to fill an existing vacancy.

Interested in this role, but don't meet every requirement? We encourage you to apply! We know from experience that a candidate doesn't need 100% of the qualifications listed to bring incredible value to our team. We're actively seeking diverse backgrounds and perspectives to help us make insurance better. At Definity, inclusion, diversity, and equity aren't just "nice to have" - they're essential to our success.

What's in it for you?
  • Hybrid work schedule for most roles
  • Company share ownership program
  • Incentive Program - Eligible employees may participate in various incentive plans which are paid out at the discretion of the company and subject to individual and company performance.
  • Pension and savings programs, with company-matched RRSP contributions
  • Paid volunteer days and company matching on charitable donations
  • Educational resources, tuition assistance, and paid time off to study for exams
  • Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents
  • Wellness and recognition programs
  • Discounts on products and services

Go ahead and expect a lot - you deserve it.

#LI-Hybrid

About the Team

Economical is part of Definity, which includes some of Canada's most long-standing and innovative insurance brands, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. Our ambition is to be one of Canada's leading and most innovative property and casualty insurers. We can't do that without our people, so we embrace and encourage a culture that's collaborative, ambitious, rewarding, and empowering.

We offer a flexible, hybrid work experience where employees work from the office and virtually depending on the type of work they are doing and who they are working with. Bring your true self and be a part of our journey. It's better here.

About Definity Financial

Definity Financial Careers

Joining Definity Financial presents an unparalleled opportunity to become part of a leading team of professionals in the financial services industry. This is a prime time for candidates to explore the diverse job opportunities at Definity Financial, a company renowned for its commitment to innovation, leadership, and professional growth.

Explore Career Opportunities

Definity Financial is actively seeking talented individuals for various positions across the company. From entry-level roles to senior leadership positions, Definity Financial offers a dynamic work environment where career growth is encouraged and supported by comprehensive benefits and diversity training programs.

Innovation and Professional Growth

At Definity Financial, innovation isn't just a buzzword; it's the cornerstone of the company's operations. Employees are encouraged to bring fresh ideas and perspectives to the table, driving the company forward in the competitive financial sector. Professional growth is facilitated through targeted training programs, leadership development opportunities, and active networking events that connect employees with industry leaders.

Cultivating a Diverse and Inclusive Culture

Definity Financial is committed to fostering a diverse and inclusive culture where all team members feel valued and respected. The company believes that diversity fuels innovation and enhances the team's ability to address client needs effectively. Through comprehensive diversity training and inclusive hiring practices, Definity Financial ensures that all employees have the opportunity to succeed.

Internship Programs and Entry-Level Positions

For those starting their careers, Definity Financial offers robust internship and entry-level positions that provide hands-on experience in the financial sector. Interns at Definity Financial gain invaluable insights into the industry, working alongside seasoned professionals and participating in projects that have real-world impact.

Benefits and Employee Well-being

Employees at Definity Financial enjoy a range of benefits designed to support their health, well-being, and financial security. The company's benefits package includes health insurance, retirement plans, and flexible working arrangements, ensuring that employees can balance professional and personal commitments effectively.

Join the Definity Financial Team

Definity Financial is hiring! Explore open positions that match your skills and interests. The company is looking for passionate, curious, and solution-driven team players. Whether you are refining your resume, preparing for an interview, or seeking to advance your career, Definity Financial offers a supportive environment where your ambitions can take flight.

Stay Connected with Definity Financial Careers

Stay informed with career tips, insider perspectives, and industry-leading insights from Definity Financial. Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Definity Financial.

SEARCH DEFINITY FINANCIAL JOBS

READ CAREERS BLOG

JOB ALERT EMAILS

Embark on a journey with Definity Financial, where employment is not just about a job but about building a career with a company that values innovation, leadership, and diversity.
Learn more about Definity Financial

Similar Jobs

More Jobs at Definity Financial

More Finance & Insurance Jobs

Find similar Commercial Lines Underwriter, Middle Market (Oil & Gas) jobs: