Underwriter

We are hiring Underwriters (intermediate or senior) based in Markham, Ontario

The Role

We are looking for technical commercial property, construction, casualty and professional indemnity underwriters to support our growing small-medium enterprise business. We will consider all levels of experience.

Job Responsibilities

  • Working under limited direction underwrite new and renewal business on behalf of Lloyd’s Syndicates and Domestic markets, within designated underwriting guidelines and authority levels.

  • Ability to write multi-line and package business of various risk size and complexity.

  • Quickly and efficiently analyze new and renewal business for risk profitability by assessing exposures and hazards.

  • Underwrite risks through an in-depth review of the underwriting data, and according to underwriting guidelines, contract authority limits and company standards.

  • Profitably manage a renewal book with a focus on retaining desired business through appropriate risk selection, coverage negotiation, and pricing adequacy.

  • Maintain the long‐term profitability of a portfolio of accounts, regardless of market conditions, within the bounds of internal underwriting guidelines and individual underwriting authority.

  • Adhere to compliance guidelines, and procedures.

  • Manage relationships with brokers and act as a dedicated resource as needed and required.

  • Expeditiously respond to brokers to maintain our corporate customer service philosophy.

  • Participate in broker visits, and corporate functions as required. A strong broker network would be an asset.

  • Monitor and assess competitive factors in the market and keep informed of changing market conditions.

Qualifications:

  • Completion of University degree / College diploma / or equivalent insurance-related education and experience

  • Professional industry designation (e.g. CIP, FCIP, or CRM) or actively pursuing same, considered an asset

  • Minimum 2-5 years, or 10+ for a senior underwriter, of multi-line underwriting experience.

  • MGA experience is an asset

  • Strong sales and marketing skills a must, business acumen, interest in continued education and professional development

  • Demonstrated analytical and risk underwriting skills that applies directly to selection, pricing, account handling and book management, including industry trends, legal, regulatory and jurisdictional issues

  • Experience with policy wording development

  • A passion for continuous improvement and proven ability to lead and execute change successfully.

  • Business and client focus with a strong industry reputation

  • Strong analytical/logical thinking skills

  • Strong interpersonal, communication and negotiation skills

  • Knowledge and proficiency in the use of underwriting tools, applications, and guidelines

Customer Service Skills:

  • Provide exceptional service to our broker partners and act as a solution provider, and as a key contact to our client base to manage relationships and discuss quotes.

  • Demonstrated track record of customer service orientation and proven ability to foster strong business relationships

  • Comfortable communicating with clients (in person, email, and telephone inquiries.)

  • Answer telephones promptly and courteously.

  • Provide quotes and answer policy coverage questions in an efficient, professional and friendly manner.

  • Follow up with clients’ needs in a timely manner.

  • Maintain good relationships with broker clients.

Compensation:

  • Competitive compensation, bonus and benefits package is offered. 


Apply Now

Please send your resume to careers@excessunderwriting.ca