Senior Underwriter, Regional (Fleet)

Definity Financial$59K — $109K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • University degree, college diploma, or CIP designation required
  • Minimum 5 years of experience in Commercial Automobile Fleet & Garage underwriting
  • Proficient in Microsoft Word and Excel
  • Strong written and verbal communication skills
  • Demonstrated problem-solving abilities
  • Strong sales orientation
  • Proven ability to develop and maintain positive broker relations

Responsibilities

  • Assess new business submissions and determine acceptance or declination
  • Re-underwrite and negotiate renewals and endorsements
  • Order inspections and financial reports for risk analysis
  • Negotiate terms and conditions with brokers via various communication methods
  • Participate in production calls with brokerage offices as required
  • Provide technical support and mentorship to team members
  • Contribute to the profitable growth of the business through strategic broker engagement

Benefits

  • Hybrid work schedule for most roles
  • Company share ownership program
  • Incentive program based on performance
  • Pension plan with company-matched RRSP contributions
  • Paid volunteer days and matching charitable donations
  • Educational resources and tuition assistance
  • Wellness and recognition programs
  • Discounts on products and services
Full Job Description
Job Description

The Opportunity

What to Expect

  • Assessing, accepting, and declining moderate to complex new business submissions, within assigned underwriting authority
  • Re-underwriting and negotiating renewals and policy endorsements
  • Ordering of inspections, financial reports, or other underwriting information for use in your analysis of critical risk hazards and decision making
  • Negotiating the terms and conditions of risk acceptance with brokers in writing, by telephone, electronic mail or in person
  • Participating in production calls on brokerage offices, as required
  • Providing technical support to brokers
  • Actively participating in weekly internal production meetings
  • Mentoring and providing technical support to less experience team members
  • Contribute to the profitable growth of the business by identifying the underlying factors that contribute to the profitability of a risk while demonstrating the ability to constructively engage, influence and negotiate to exceed broker needs and expectations.
  • Demonstrate a strong market knowledge and visibility in the industry as a respected collaborator able to partner with brokers for the purpose of growing a profitable portfolio of business.
  • Make underwriting and pricing decisions on individual risks, as well as underwriting the individual risk within the context of a broker's broader portfolio of business.
  • Be accountable for the selection and proper rating of mid-market property insurance transaction types (e.g., applications, endorsements, renewals, cancellations, voids, reinstatements, etc.).


What you Bring
  • University degree or a college diploma or the CIP designation is required
  • Minimum of 5 years Commercial Automobile Fleet & Garage underwriting experience
  • Proficient in Microsoft Word and Excel
  • Professional friendly and courteous in all interactions, with both customers and co-workers
  • Performs well in a busy environment and remains calm under pressure
  • Team player adaptable to a changing environment
  • Strong written and verbal communication skills
  • Strong problem-solving abilities
  • Strong sales orientation
  • Proven ability to develop and maintain positive broker relations


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 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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