Work Location:Markham, Ontario, Canada
Hours:35
Line of Business:Product Management
Pay Details:79 100 $/$79,100 - 111 700 $/$111,700 CAD
Reporting to the Commercial Property and Casualty (P&C) Senior Manager Product and Underwriting Strategy, the Underwriting Specialist will support the development and execution on business strategy to deliver premium and earnings goals and contribute to overall business objectives.
The candidate should be customer and results focused, have keen analytical interest and the ability to impact and influence. This individual should enjoy operating amidst a dynamic, fast- paced and exciting environment!
Key accountabilities
- Support the development and maintain robust understanding of the Commercial P&C regulatory requirements, industry and customer trends, and competitive landscape.
- Keep current on Commercial P&C emerging trends/developments and grow knowledge of the business, related tools, procedures and techniques.
- Support the end-to-end management of small business insurance Commercial P&C underwriting strategy and rules, monitor performance, identifying areas of opportunity, developing recommendations and driving changes to achieve business and financial objectives.
- Develop an in-depth understanding of small business Commercial P&C underwriting strategy and rules and a solid understanding of customer segments, customer needs, competitive landscape and trends in the General Insurance industry to assist in identifying new business opportunities.
- Support the design and development of Commercial P&C new underwriting rules to achieve business objectives.
- Refine Commercial P&C underwriting strategies through analysis of key business drivers and provide recommendations.
- Solve complex problems with considerations to multiple constraints and variables and work with partners to develop solutions.
- Support Commercial P&C underwriting strategy and rules discussions and collaborating with multiple stakeholders in delivering day-to-day projects and initiatives
- Maintain a culture of risk management and control, supported by effective processes and guidelines in alignment with risk appetite.
- Develop and maintain Commercial P&C insurance contract wordings, forms and endorsements as well as any supportive customer documentation, including their French versions in such a way that it enhances the end-to-end customer experience while achieving business objectives
- Support the development, implementation and understanding of training material related to Commercial P&C contracts if applicable
- Build and maintain effective relationships with key internal stakeholders and/or external partners to develop new Commercial P&C product and services
- Support the development, maintain, and analyze Commercial P&C coverage comparisons with regulatory requirements, customer needs, market changes, industry standards or main competitors and propose insurance contract changes accordingly
Job Requirements- Strong critical thinking skills, financial acumen, and ability to synthesize large amounts of information into concise, actionable summaries for an executive audience
- 4+ years' General Insurance experience.
- Commercial Insurance Underwriting, Wordings and Contract knowledge and experience
- Demonstrates solid judgment and relationship building skills with a strong ability to make things happen with impact and influence and by nurturing key relationships
- Strong problem-solving skills and the ability to make fact-based recommendations in a timely manner
- Strong organization skills, with the ability to work in a fast-paced environment and manage multiple deadlines and priorities
- Solid knowledge of and ability to gather market intelligence and conduct underwriting and wordings research, analysis and development
- Solid critical thinking, analytical and problem-solving skills
- Solid interpersonal communication skills (both written and verbal)
- Self-motivated, team player with high energy and ability to work independently
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Additional Information:We9re delighted that you9re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we9re committed to providing the support our colleagues need to thrive both at work and at home.
Colleague Development If you9re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You9ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.
If you9re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.
We9re committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.
Training & OnboardingWe will provide training and onboarding sessions to ensure that you9ve got everything you need to succeed in your new role.
Interview Process We9ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.
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We look forward to hearing from you!
Language Requirement (Quebec only):Maeetrise d9une langue autre que le frane7ais pour offrir du soutien ou traiter avec des employe9s ou des colle8gues qui ont besoin de services et de soutien dans une langue autre que le frane7ais.
