Senior Commercial Auto Underwriter

Senior Commercial Auto Underwriter – Waterloo, Ontario Heartland Mutual Insurance is seeking an experienced Senior Commercial Auto Underwriter to manage a diverse underwriting portfolio, make sound risk decisions, and support the company’s financial and strategic goals. What You’ll Do Underwrite and negotiate medium complexity new business, renewals, and policy endorsements for IRCA, Fleet, and Garage lines of business. Assess and evaluate risk using technical aspects of insurance to make empowered decisions. Seek full understanding of risks, and when facts are missing, use additional underwriting tools, applications, reports, discussions, and correspondence to gain increased knowledge. Participate in or provide training and development initiatives to continuously enhance decision-making quality. Use specialized knowledge of own products and pricing to interpret and provide guidance to others (co‑workers and distributors). Provide guidance and training to junior staff where underwriting authorities require referral to senior staff. Know when to seek guidance from leadership when considering variance from established guidelines or underwriting risks outside a high knowledge area. Prepare own analysis and recommendations as a basis for discussion with the leadership team. Fully understand coverages and recognize gaps or exposure to loss using knowledge of common terms, conditions, and exclusions of policy coverages. Ensure compliance of own product line with established principles, based on understanding of political, legal, regulatory, and social influences on underwriting. Refer to other product line underwriters, using awareness of acceptance rules for related lines of business, to work with them on an overall account approach. Explain factors affecting loss ratios, severity, and frequency and utilize this knowledge to profitably underwrite risks. Research additional background information on potential customers from sources beyond what is provided in proposals or applications. Analyze all relevant data using appropriate software, underwriting judgment, and risk analysis tools to determine whether the level of risk is acceptable. Prepare the terms and conditions of insurance quotations and policies. What You’ll Bring Minimum 5 years’ property casualty underwriting experience, with a focus on commercial automobile underwriting. General knowledge of other product lines, particularly commercial property. Comprehensive knowledge of government regulations. Post–secondary degree or diploma. CIP and/or FCIP designation is an asset. Familiarity with Guidewire is an asset. Effective negotiation and interpersonal skills. Good verbal and written communication skills. Analytical, critical thinking and problem‑solving skills. Ability to work with customers and colleagues from a range of backgrounds. Attention to detail. Goal‑oriented, with a growth mindset. Ability to influence decisions and negotiate strategically. Enthusiastic learner who thrives within a team or independently. Ability to determine how to grow business profitability through assessment and analysis of individual risks. What’s In It For You Supportive team culture that values knowledge sharing and celebrating wins. Competitive compensation package including health and wellness benefits, pension plan, paid time off, and more. Career growth and development opportunities with continuous learning and stretch assignments. Impactful role helping customers navigate challenging situations with empathy and expertise. Inclusive culture that embraces diversity, equity, inclusion, and belonging. Accommodation is available on request for candidates taking part in all aspects of the selection process. Seniority level Mid‑Senior level Employment type Full‑time Job function Finance and Sales Industries Insurance #J-18808-Ljbffr