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Commercial Insurance Senior Underwriter

3 months ago


Mississauga, Ontario, Canada Able Insurance Brokers Ltd. Full time $50,000 - $75,000
Able Insurance is a fast-growing full-service insurance brokerage. Our company's strength is derived from the diversity and vast array of experience brought amongst our employees and brokers.

He/she should have a good understanding of the insurance marketplace and be able to build and maintain good working relationships with insurance carriers.

Strong negotiating and technical skills are required to analyze information and prepare effective proposals and reports. Coach and mentor producers to increase sales in Commercial property and IRCA business.
Negotiates terms for new business, renewals and mid-term changes with insurance carriers
Which accounts should be sent to market
Prepares insurance summaries, underwriting proposals and cover notes for the production team
Analyzes and Reviews policy wordings to ensure the proper coverages are in place
Ongoing monitoring of the insurance marketplace. Maintains a current database of changing company "appetites"
Perform other specific duties and projects as assigned by management
Binding of coverage, prepares documentation, certificates of insurance, mid-term changes, etc. Strong technical knowledge and experience working with and interpreting insurance policies
Minimum 3 years of relevant industry experience with a focus on commercial property
Powerbroker and Policy Works experience an asset

Job Type:
Full-time

Flexible Language Requirement:
~ French not required

Monday to Friday

Bachelor's Degree (preferred)

Language:
~ English (preferred)