Posting DescriptionBusiness Line: Commercial Property and LiabilityHours Per Week: 35 (Full-Time)
Location: Vancouver, Edmotnon, or Winnipeg
Job Details: Full-Time, Permanent Position, Current Vacancy
Wage Transparency: The base salaryfor this position is $110,000. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. Actual base salary offered will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
About the RoleThe Underwriter plays a pivotal role in evaluating, pricing, and managing insurance risks across various lines of business within the MGA. This individual is responsible for underwriting complex submissions, maintaining broker relationships, and contributing to the profitability and growth of the underwriting portfolio. The role requires sound judgment, technical expertise, and a proactive approach to market trends and client needs.
What You'll Do- Assess and underwrite new business, renewals, and endorsements in accordance with MGA guidelines and delegated authority
- Analyze risk exposures and determine appropriate coverage terms, limits, and pricing
- Collaborate with brokers to negotiate terms and provide responsive service
- Monitor portfolio performance and contribute to underwriting strategy and profitability targets
- Ensure compliance with regulatory requirements and internal underwriting standards
- Provide mentorship and technical guidance to junior underwriters
- Participate in product development and refinement of underwriting guidelines
- Maintain accurate documentation and underwriting files
- Represent the MGA at industry events and broker meetings
What You Bring - Minimum of 5-7 years of underwriting experience in commercial property and liability insurance, preferably within an MGA or insurer
- Strong knowledge of commercial underwriting practices
- Excellent analytical, negotiation, and decision-making skills
- Strong communication and relationship-building abilities
- Proficiency in underwriting systems and portfolio management tools
- Bilingual (French and English) is an asset, especially for Canadian MGAs
What's In It For YouNFP's PeopleFirst culture offers a multitude of benefits to employees and is a great place to call home.
- A hybrid environment approach that keeps the best interests of our staff and our clients in mind
- Annual bonus plan for all employees
- Matching RRSP plan of 5% of salary
- Referral Commission Plan
- Generous benefits plan including Health Care Spending Account starting on the first day of employment
- Full support for continuing education & internal opportunities to grow as an insurance professional to advance career
- Reimbursement of license fees and professional membership dues
- A global team of industry leaders focused on employee retention, client growth, industry innovation and collaboration
