Intermediate to Senior Underwriter, Commercial Lines, P&C Small Business - Ontario

Wawanesa Insurance

$70K — $100K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 1-3 years of experience in Commercial Lines Property & Casualty underwriting or more for Senior level.
  • Post-secondary education or relevant business experience required.
  • Completed or pursuing a Property and Casualty Industry Designation.
  • Proficient in Microsoft Office Suite.
  • Exceptional attention to detail in information review.
  • Strong analytical and problem-solving skills with justified reasoning.
  • Excellent communication skills for effective presentations.
  • Strong decision-making abilities with justification capability.
  • Demonstrated customer service skills.
  • Ability to manage multiple tasks and prioritize work effectively.

Responsibilities

  • Analyze and assess risks using technology and external data sources.
  • Arrange for reinsurance or additional subscribing companies as needed.
  • Collaborate with brokers to offer solutions for their P&C business needs.
  • Evaluate policy renewal eligibility based on company guidelines.
  • Maintain thorough records of decisions and policy data accuracy.
  • Promptly communicate decisions and respond to inquiries professionally.
  • Help interpret underwriting policies, rating procedures, and regulations.
  • Efficiently manage work assignments and related communications.
  • Foster positive relationships with internal and external stakeholders and network at events.
  • Perform additional duties as required, including local travel to work with brokers.

Benefits

  • Hybrid work environment allows for flexibility with remote and in-office days.
  • Comprehensive benefits package includes premium-free healthcare.
  • Access to an annual bonus plan and leave of absence top-up programs.
  • Generous vacation time and personal days offered.
  • Participation in a pension plan.
Full Job Description
Job ID: 10330

Employment Type: Existing Role

Work Environment: We offer a hybrid work environment that offers flexibility to our employees in balancing in-office (2 days per week OR 15 hours per week in a Wawanesa office) and remote work. You may work from any of the following locations: Toronto (North York), ON; Kitchener, ON; Ottawa, ON.

Working Business Language: English.

Salary: At Wawanesa, salary is only one component of a holistic, comprehensive and competitive offering that we provide to our employees. In addition to salary, full-time and part-time permanent employees are eligible for an annual bonus plan, leave of absence top-up programs and provided with generous vacation time, personal days, premium free benefits and pension plan.

The salary offered for this role is determined with consideration to various factors, including but not limited to: your work location, local labour market conditions, external market salary data, internal pay equity and the knowledge, skills, experience and anticipated proficiency in the role. The salary offered is estimated to be within the following range: $70,000 - $100,000. Candidates with salary expectations outside of the range are still encouraged to apply.

Job Overview

The Underwriter, Commercial Lines, P&C Small Business is responsible for analyzing the acceptability of moderately complex business with moderate premium volume according to company guidelines by working collaboratively with our sales force and providing value added expertise and service to both potential and existing policyholders.

Job Responsibilities
  • Perform risk analysis using technology as well as external data sources for the purposes of quoting, negotiating and authorizing the acceptance of risk.
  • Arrange reinsurance or subscribing companies where appropriate.
  • Work alongside our broker partners by building strength in relationships while helping them find the right solutions for their P&C business.
  • Determine eligibility for policy renewals based on guidelines and retention goals of the company.
  • Maintain accurate records of decisions made and maintain completeness of policy data.
  • Communicate decisions, and respond to requests in a prompt and professional manner.
  • Assist with interpretation of rating procedures, wordings, underwriting policies and regulations.
  • Handle work assignments, including calls, efficiently.
  • Work effectively towards the goals of the team.
  • Maintain positive working relationships with internal and external parties, including networking at industry events.
  • Perform other duties as assigned; some travel may be required locally to work in the field with our brokers.


Qualifications

  • Commercial Lines Property & Casualty underwriting experience, including risk assessment, pricing, and broker relationship management. Candidates with 1-3 years of experience may be considered for the Intermediate level, while candidates with more extensive underwriting experience may be considered for the Senior level.
  • Post-secondary education or related business experience.
  • Completed or actively pursuing a Property and Casualty Industry Designation.
  • Working knowledge of Microsoft Office Suite.
  • Excellent attention to detail with the ability to review information carefully and comprehensively.
  • Strong analytical and problem solving skills with the ability to provide justification.
  • Strong communication skills with the ability to present information in a convincing manner.
  • Strong decision making skills with the ability to provide justification.
  • Strong customer service skills.
  • Ability to multi-task and prioritize daily work.


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