Intact Financial Corporation

Senior Underwriter, Commercial Lines

Intact Financial Corporation$87K — $106K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of commercial underwriting experience
  • Post-secondary education
  • Exceptional customer service skills
  • Strong negotiation and business savvy
  • Proven ability to handle multiple priorities independently
  • Demonstrated expertise in underwriting complex risks
  • Completion of or working towards CIP designation is an asset
  • No Canadian work experience required, but must be eligible to work in Canada

Responsibilities

  • Underwrite various commercial lines submissions for brokers
  • Ensure proper underwriting and documentation of complex new business submissions
  • Work within established underwriting authority limits
  • Build strong relationships with brokers to provide effective insurance solutions
  • Make recommendations for departmental efficiency improvements

Benefits

  • Flexible work arrangements
  • Wellness account for physical and mental wellbeing
  • Employee Share Purchase Plan (ESPP) with company matching
  • Group RRSP with company matching
  • Annual bonus incentive up to 200% based on performance
Full Job Description

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 plan

Annual 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 role

We have an exciting opportunity to join our National Underwriting MGA, Risk-Can, as a Senior Commercial Underwriter on a permanent, full-time basis.


If you have previous commercial underwriting experience and are looking to broaden your skills in a department which handles complex risks, this is the opportunity for you! This role offers a hybrid working model.

What you'll do here:

  • Underwrite various commercial lines submissions with the intent to offer insurance solutions for our brokers within department guidelines and contribute to a profitable portfolio of business
  • Ensure proper underwriting, pricing, authorizing and documentation of moderate to complex new business submissions
  • Work within established underwriting authority limits, structured parameters, rating matrices, and defined guidelines given under our contracts
  • Build strong relationships with our brokers by offering insurance solutions that assist them in their front-line sales and customer relationships
  • Make recommendations to improve the department and increase its efficiency


What you bring to the table:

  • Previous MGA experience is an asset
  • Exceptional customer service skills and ability to develop strong relationships with our brokers
  • Strong negotiation skills and business savvy
  • Demonstrated ability to handle multiple priorities, work independently with guidelines and show initiative
  • Ability to problem-solve and make decisions
  • Post-Secondary education
  • 5+ years of commercial underwriting experience
  • Completion of or working towards a Chartered Insurance Professional (CIP) designation an asset
  • Demonstrated expertise in underwriting complex, large, and/or non-standard risks.
  • Proven experience providing technical leadership and mentorship to junior underwriters.
  • Above average computer proficiency in – Excel, MS Office, Outlook
  • No Canadian work experience required however must be eligible to work in Canada.

This role is a new member of our growing team.

About Intact Financial Corporation

Intact Financial Corporation is a Canadian insurance company that provides property and casualty insurance to individuals and businesses. The company operates in Canada and the United States and offers a range of insurance products, including auto, home, and commercial insurance. Intact Financial Corporation was founded in 1809 and is headquartered in Toronto, Canada.
Learn more about Intact Financial Corporation
Size
16,000 employees
Industry

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