Job opportunity
Underwriter, Regional Underwriting
Definity
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.
The Opportunity
We're proud to help our customers, broker partners, employees, and communities adapt and thrive in a world of constant change. Our success in transforming into a leader in our industry is driven by a talented and engaged team with a passion for innovation and high performance.
What to Expect
You’ll assess, accept, and decline new business submissions
You’ll negotiate renewals and policy endorsements
You’ll make underwriting and pricing decisions on individual risks, as well as within the context of a broker's broader portfolio of business
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 leverage tools, resources and reports to appropriately evaluate risks and make effective underwriting decisions
You’ll manage multiple transactions within information system /programs, leveraging system functionalities to appropriately route and document processing of transactions
You’ll effectively coordinate with other underwriters to manage broker transactions that span across multiple product areas (e.g., fleet, property, casualty) or risk types (small business vs. mid-market)
You’ll manage adherence to relevant service level agreements, productivity levels, and profitability targets
You’ll participate in production calls on brokerage offices, as required
You’ll accompany brokers on field underwriting of accounts, as required
You’ll provide technical support to brokers
What you Bring
Post-secondary education and/or equivalent on the job experience in a pertinent domain
2+ years of experience in Commercial property and casualty underwriting
Completion or commitment to complete the CIP/FCIP designation
Strong customer service orientation, excellent verbal and written communication skills
Ability to work within and adapt to PC oriented environments, including advanced knowledge of Microsoft Office
Highly motivated and enthusiastic
A problem solver with strong negotiating skills and proven ability to create and maintain business relationships
Commitment to high standards of performance and goals
Ability to analyze situations and manage multiple and changing priorities
Experience in underwriting property/casualty, professional liability, or agriculture insurance is an asset
Salary Range : $51,300--$94,400
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 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?
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.
It's better here - but don't take our word for it. Definity was named by Great Place to Work as one of the Best Workplaces in Canada for women, for youth, and for inclusion.
Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know by [email protected].
As part of Definity’s commitment to reconciliation, we acknowledge that our work, meetings, and travel take place on the lands now known as Canada, and recognize the enduring presence, wisdom, and stewardship of the First Nations, Métis, and Inuit peoples who have long cared for these lands.
Background checks
This role requires successful clearance of background checks (including criminal checks and leadership references).
#J-18808-Ljbffr
Apply on source site 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.
The Opportunity
We're proud to help our customers, broker partners, employees, and communities adapt and thrive in a world of constant change. Our success in transforming into a leader in our industry is driven by a talented and engaged team with a passion for innovation and high performance.
What to Expect
You’ll assess, accept, and decline new business submissions
You’ll negotiate renewals and policy endorsements
You’ll make underwriting and pricing decisions on individual risks, as well as within the context of a broker's broader portfolio of business
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 leverage tools, resources and reports to appropriately evaluate risks and make effective underwriting decisions
You’ll manage multiple transactions within information system /programs, leveraging system functionalities to appropriately route and document processing of transactions
You’ll effectively coordinate with other underwriters to manage broker transactions that span across multiple product areas (e.g., fleet, property, casualty) or risk types (small business vs. mid-market)
You’ll manage adherence to relevant service level agreements, productivity levels, and profitability targets
You’ll participate in production calls on brokerage offices, as required
You’ll accompany brokers on field underwriting of accounts, as required
You’ll provide technical support to brokers
What you Bring
Post-secondary education and/or equivalent on the job experience in a pertinent domain
2+ years of experience in Commercial property and casualty underwriting
Completion or commitment to complete the CIP/FCIP designation
Strong customer service orientation, excellent verbal and written communication skills
Ability to work within and adapt to PC oriented environments, including advanced knowledge of Microsoft Office
Highly motivated and enthusiastic
A problem solver with strong negotiating skills and proven ability to create and maintain business relationships
Commitment to high standards of performance and goals
Ability to analyze situations and manage multiple and changing priorities
Experience in underwriting property/casualty, professional liability, or agriculture insurance is an asset
Salary Range : $51,300--$94,400
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 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?
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.
It's better here - but don't take our word for it. Definity was named by Great Place to Work as one of the Best Workplaces in Canada for women, for youth, and for inclusion.
Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know by [email protected].
As part of Definity’s commitment to reconciliation, we acknowledge that our work, meetings, and travel take place on the lands now known as Canada, and recognize the enduring presence, wisdom, and stewardship of the First Nations, Métis, and Inuit peoples who have long cared for these lands.
Background checks
This role requires successful clearance of background checks (including criminal checks and leadership references).
#J-18808-Ljbffr