Senior Commercial Lines UnderwriterHere is what a typical day looks like- Gather and assess risk information to determine eligibility, pricing and appropriate terms for commercial insurance risks.
- Build a new underwriting portfolio from the ground up, developing a balanced and profitable book across exclusive group programs and small to mid-market commercial business.
- Work toward established new business, retention and profitability targets, balancing growth opportunities with disciplined underwriting.
- Build strong relationships with internal brokers and branches to identify opportunities, generate new business and increase utilization of our underwriting programs.
- Evaluate and negotiate new business and renewal opportunities, making sound underwriting decisions around pricing, coverage, terms and risk selection.
- Proactively manage the portfolio by monitoring results and identifying opportunities for profitable growth, retention and corrective action where needed.
- Provide underwriting expertise and creative solutions to help brokers place business while staying within underwriting appetite and authority.
- Monitor market conditions and competitor activity to help ensure our products, pricing and coverage remain competitive and relevant.
- Support internal departments and branches with policy interpretation, technical advice and underwriting solutions.
- Maintain accurate underwriting documentation and complete required insurer reporting.
The value you bring- Willingness and ability to obtain a Level 2 insurance licence
- CIP, CRM or CAIB designation preferred
- Proven commercial underwriting experience
- Ability to confidently manage and grow a diverse portfolio across exclusive group programs and small to mid-market commercial business
- Strong commercial mindset with an ability to balance growth opportunities, risk selection and profitability
- Results-driven approach with the ability to work toward new business, retention and underwriting performance targets
- Strong relationship-building skills with the ability to develop trusted partnerships with brokers, branches and insurer partners
- Sound underwriting judgment and confidence making independent decisions within established authority
- Strong written and verbal communication skills
- Ability to identify opportunities, negotiate effectively and find creative solutions to help place profitable business
- Active involvement in industry associations and the broader community
Hours: 37.5 hours per week (full time) Monday - Friday
Location: In Office - Kitchener, Ontario
Salary Range: $80,000-$105,000
Requisition: 83337
We value our employees and offer programs that enhance their lives. Eligible employees receive 3 weeks' vacation, 14 wellness days, company matching investment and savings programs, and 100% employer-paid group benefits.
For over 20 years, community support has been integral to our culture through the Western Financial Group Communities Foundation.
