Intact Financial Corporation

Underwriter, Management Liability (D&O) and Crime

Intact Financial Corporation • $74K — $91K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • University degree or college diploma, or equivalent education and experience
  • 1+ years of relevant insurance experience
  • Strong knowledge in Excel, preferred
  • Excellent analytical skills and self-motivated
  • Ability to thrive under pressure
  • Outstanding collaboration and communication skills
  • Interest in industry trends; CIP designation or progress towards it

Responsibilities

  • Analyze quotes, renewals, and policy changes; recommend solutions
  • Support brokers with underwriting and rating inquiries
  • Negotiate and maintain relationships internally and externally
  • Participate in broker visits and marketing events
  • Recommend process improvements to expand department
  • Rate and prepare quotes for new business and renewals
  • Manage policy transactions including renewals and cancellations

Benefits

  • Annual bonus plan with potential payout up to double the target
  • Employee Share Purchase Plan (ESPP) with 50% company match
  • Flexible pension offerings for long-term security
  • Guaranteed income for life via defined benefit pension plan
Full Job Description
Salary range (but not limited to): 74,800 - 91,400 Annual bonus target, based on the base salary, with a potential payout of up to double the target (subject to personal and company performance): 7.5% As part of our commitment to Win As A Team, we share our success with employees through our annual bonus plan and Employee Share Purchase Plan (ESPP) - with Intact matching 50% of your net shares. Our pension offerings provide flexibility and long-term security for our employees beyond their careers. We are one of the few companies offering the opportunity to receive guaranteed income for life via our defined benefit pension plan. Salary for the candidate will be determined taking into consideration a number of factors including: experience, skills, qualifications, anticipated contribution to role, internal equity, etc. The salary range presented above 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 A career with Intact Specialty Solutions is an opportunity to deepen your expertise in the insurance industry and grow your skillset across a wide variety of lines of business spanning 180 countries. Being part of Canada's largest P&C insurer and leading provider of global specialty insurance means learning from industry experts and expanding our capabilities. Here you'll develop not only your career, but also establish Intact's reputation as a leader in Specialty Solutions across the globe. We're looking for an Underwriter, Specialty Solutions, to join our growing team! Based on the experience, skills and qualifications of the selected candidates, we are open to different job level: Junior, intermediate or Senior Underwriter. What you'll do here:
  • Analyze requests for quotes, renewals and policy changes, and recommend solutions
  • Support brokers regarding underwriting and rating policies
  • Use negotiating skills to maintain healthy relationships within and outside the company
  • Participate in broker visits, industry functions and marketing events
  • Provide ongoing support in expanding the department, and make recommendations for process improvements
  • Rate and prepare quotes for new business and renewals
  • Handle policy transactions including renewals, endorsements and cancellations.
  • As directed, generate letters and memos to brokers from the system.
  • Support team members within Specialty Solutions as well as other divisions at Intact
What you bring to the table:
  • University degree/College diploma or any combination of equivalent education and experience
  • Minimum 1 years of relevant experience in Insurance
  • Strong knowledge in Excel is an asset
  • Analytical, self-motivated and strive to deliver at a high standard
  • Initiative and ability to work under pressure
  • Strong team player, with outstanding collaboration and communication skills
  • Can develop and maintain excellent relationships with brokers
  • Interested in and stay up to date on business trends or other developments impacting our industry
  • CIP designation or working towards it
  • No Canadian work experience required however must be eligible to work in Canada.
Please note that the posted salary range applies to the Intermediate role. However, we also encourage Junior and Senior Underwriter candidates to apply, as we are open to considering profiles at all three levels. #LI-Hybrid Il s'agit d'un nouveau rôle au sein de notre équipe en pleine croissance | 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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