Pay at BrokerLink is about much more than just salary.- Flexible work arrangements
- Multiple benefits offered to support
physical and mental wellbeing, Wellness account and much more
- Share plan & other savings
Salary range (but not limited to):
87,200 - 106,600
Incentive planAnnual bonus: 10% target, based on the base salary, with a potential payout of up to 200% (subject to personal and company performance)
As part of our commitment to Win As A Team, we share our success with employees through our incentive programs and Employee Share Purchase Plan (ESPP) - with BrokerLink matching a portion of your contributions.
Our Group RRSP, with company matching DPSP offerings provide flexibility and long-term security for our employees beyond their careers.
Salary for the candidate will be determined taking into consideration a number of factors including: experience, skills, qualifications, anticipated contribution to role, internal equity, location etc. The salary range presented below is based on a 35-hour workweek and would represent a majority of different candidate profiles. However, we encourage candidates who may fall outside of this range to apply as well.
About the roleWe're looking for a Senior Underwriter to join our growing team!
What you'll do here:- The Senior Underwriter is responsible for the underwriting, oversight, and performance management of assigned insurance programs. The role works closely with program partners and internal stakeholders to ensure adherence to underwriting guidelines, delegated authority, and portfolio objectives, while identifying opportunities to enhance program performance and profitability.
- Develop long-term and meaningful relationships with brokers by providing legendary service and participating in broker visits, field underwriting, insurance industry functions, and marketing events.
- Assess and evaluate moderate to complex risks, analyzing requests for quotes, renewals and policy changes and recommend innovative solutions.
- Coach and mentor team members to develop their technical underwriting knowledge and to enhance broker relationships.
- Help shape the future of Commercial Lines Underwriting by providing creative solutions on process or workflow improvements to increase efficiency and elevate best practices
- Provide leadership to ensure that the regional underwriting service, production and profitability levels are achieved.
- Apply effective pricing and underwriting strategies in accordance with Company guidelines and personal underwriting authority limits.
- Within your level of authority, quote, negotiate, sell, and authorize the acceptance of moderate to complex new business, renewals, and endorsements to develop and retain profitable business according to the business plan established for the department.
- Work closely to develop and maintain positive business partnerships with brokers, and co-workers.
- Use the computer system for policy inquiry, electronic filing, underwriting and rating transactions.
- Some travel is required.
What you bring to the table:- Post-secondary education in Business, Insurance, Finance, or a related field, or an equivalent combination of education and relevant industry experience
- 5 to 7 years of underwriting experience
- Prior experience leading insurance programs an asset
- Chartered Insurance Professional (CIP) designation preferred
- Ability to provide mentorship and technical guidance to underwriting colleagues.
- Strong meeting facilitation and communication skills, with the ability to effectively engage internal and external stakeholders.
- Ability to execute portfolio strategy and translate objectives into actionable underwriting decisions.
- Strong analytical and problem-solving skills, with the ability to identify opportunities and make recommendations to improve portfolio performance, processes, and profitability.
- Maintain an expert and current understanding of all relevant Commercial Underwriting Guides and instructions related thereto
- Demonstrate the ability to handle complex risks
- Awareness of local community conditions and insurance issues
- Superior organization and demonstrated ability to handle multiple priorities and deadlines
- Exemplary and proactive customer service skills to identify needs, effectively negotiate, and provide tailored solutions to brokers
- Great communication skills (both written and verbal)
- Strong negotiating skills and business savvy
- Initiative and ability to work under pressure
- Sound knowledge of Microsoft Office products and computer tools
- No Canadian work experience required however must be eligible to work in Canada.
This role is a new member of our growing team.
