Senior Underwriter, Regional Commercial-Farm

Definity Financial$59K — $109K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • University degree in any discipline or a 2-year diploma from a recognized college or completed CIP designation
  • 3-5 years experience in Farm/Commercial Lines underwriting
  • Strong customer service and communication skills
  • Analytical skills to interpret complex data
  • Ability to perform well under pressure in a busy environment
  • Strong problem-solving abilities and decision-making skills
  • Team player with adaptability to change

Responsibilities

  • Underwrite and service a national farm and commercial portfolio
  • Assess and decide on new business submissions
  • Re-underwrite and negotiate policy renewals and endorsements
  • Negotiate risk acceptance terms with brokers
  • Develop and maintain strong broker relationships
  • Participate in brokerage production calls
  • Provide technical support to brokers
  • Utilize tools and resources for effective risk evaluation

Benefits

  • Hybrid work schedule
  • Company share ownership program
  • Incentive program based on performance
  • Pension and savings programs with company-matched RRSP contributions
  • Paid volunteer days and matching charitable donations
  • Tuition assistance and paid study time off
  • Focus on inclusion with various employee support programs
  • Wellness and recognition programs
  • Discounts on products and services
Full Job Description
Job Description

The Opportunity

As a Senior Commercial Farm Underwriter, you will be responsible for managing a portfolio of farm property risks, either in a new business or renewal underwriting capacity. While previous farm underwriting experience is an asset, it is not required. If you have a solid understanding of commercial risks, we offer a comprehensive training program that will equip you with the technical knowledge and expertise needed to underwrite agricultural risks effectively.

What to Expect
  • You will be responsible for underwriting and servicing a national Farm and commercial portfolio.
  • You'll assess, accept, and decline new business submissions
  • You'll re-underwrite and negotiate renewals, and policy endorsements
  • You'll negotiate the terms and conditions of risk acceptance with brokers in writing, by telephone, electronic mail or in person
  • You'll develop and maintain positive broker relations
  • You'll participate in production calls on brokerage offices, as required
  • You'll provide technical support to brokers
  • You'll build a pipeline for new and renewal business
  • You'll leverage tools, resources and reports to appropriately evaluate risks and make effective Underwriting decisions


What you Bring
  • University degree in any discipline or a 2-year diploma from a publicly recognized and funded college or a completed CIP designation
  • Minimum of 3-5 years of experience in Farm/Commercial Lines underwriting
  • Strong customer service, verbal, and written communication skills
  • Strong analytical skills; able to quickly interpret data, information, reports
  • You perform well in a busy environment and remains calm under pressure
  • You're a team player that is adaptable to a changing environment
  • You have strong problem-solving abilities and well-developed analytical skills
  • You can weigh many complex factors to ultimately make sound decisions, and explain your rationale
  • Your work ethic drives you to take on challenges and see them through to completion
  • You collaborate well will others, sharing your ideas, and listening to and integrating those of others


Salary Range: $59,300-$109,200

Actual salary for the role may vary depending on work location of the successful candidate and other factors including but not limited to, skills, education, experience, working conditions and the local labour market.

This position is being posted to fill an existing vacancy.

Interested in this role, but don't meet every requirement? We encourage you to apply! We know from experience that a candidate doesn't need 100% of the qualifications listed to bring incredible value to our team. We're actively seeking diverse backgrounds and perspectives to help us make insurance better. At Definity, inclusion, diversity, and equity aren't just "nice to have" - they're essential to our success.

What's in it for you?
  • Hybrid work schedule for most roles
  • Company share ownership program
  • Incentive Program - Eligible employees may participate in various incentive plans which are paid out at the discretion of the company and subject to individual and company performance.
  • Pension and savings programs, with company-matched RRSP contributions
  • Paid volunteer days and company matching on charitable donations
  • Educational resources, tuition assistance, and paid time off to study for exams
  • Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents
  • Wellness and recognition programs
  • Discounts on products and services

Go ahead and expect a lot - you deserve it.

#LI-Hybrid

About the Team

Economical is part of Definity, which includes some of Canada's most long-standing and innovative insurance brands, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. Our ambition is to be one of Canada's leading and most innovative property and casualty insurers. We can't do that without our people, so we embrace and encourage a culture that's collaborative, ambitious, rewarding, and empowering.

We offer a flexible, hybrid work experience where employees work from the office and virtually depending on the type of work they are doing and who they are working with. Bring your true self and be a part of our journey. It's better here.

About Definity Financial

Definity Financial Careers

Joining Definity Financial presents an unparalleled opportunity to become part of a leading team of professionals in the financial services industry. This is a prime time for candidates to explore the diverse job opportunities at Definity Financial, a company renowned for its commitment to innovation, leadership, and professional growth.

Explore Career Opportunities

Definity Financial is actively seeking talented individuals for various positions across the company. From entry-level roles to senior leadership positions, Definity Financial offers a dynamic work environment where career growth is encouraged and supported by comprehensive benefits and diversity training programs.

Innovation and Professional Growth

At Definity Financial, innovation isn't just a buzzword; it's the cornerstone of the company's operations. Employees are encouraged to bring fresh ideas and perspectives to the table, driving the company forward in the competitive financial sector. Professional growth is facilitated through targeted training programs, leadership development opportunities, and active networking events that connect employees with industry leaders.

Cultivating a Diverse and Inclusive Culture

Definity Financial is committed to fostering a diverse and inclusive culture where all team members feel valued and respected. The company believes that diversity fuels innovation and enhances the team's ability to address client needs effectively. Through comprehensive diversity training and inclusive hiring practices, Definity Financial ensures that all employees have the opportunity to succeed.

Internship Programs and Entry-Level Positions

For those starting their careers, Definity Financial offers robust internship and entry-level positions that provide hands-on experience in the financial sector. Interns at Definity Financial gain invaluable insights into the industry, working alongside seasoned professionals and participating in projects that have real-world impact.

Benefits and Employee Well-being

Employees at Definity Financial enjoy a range of benefits designed to support their health, well-being, and financial security. The company's benefits package includes health insurance, retirement plans, and flexible working arrangements, ensuring that employees can balance professional and personal commitments effectively.

Join the Definity Financial Team

Definity Financial is hiring! Explore open positions that match your skills and interests. The company is looking for passionate, curious, and solution-driven team players. Whether you are refining your resume, preparing for an interview, or seeking to advance your career, Definity Financial offers a supportive environment where your ambitions can take flight.

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