Underwriter Ii

Do you value integrity and innovation? How about passion and caring? Great Us too, and that's why you'll fit right in. Our intentional culture promotes trust and participation, encouraging you to bring your heart and mind to work every day.

In Scope

Location: Regina or Saskatoon - This role is eligible for hybrid work at the manager’s discretion - this means you’ll have the flexibility of working from home and in the office (in Regina or Saskatoon), on a scheduled rotation once probation requirements have been met. Until then, the successful incumbent will be expected to work on-site, full-time.

Work hours: Full time, Monday - Friday

Posting Closes: July 31, 2023

The Underwriter II (Commercial Auto, Commercial Property or Farm) is responsible for underwriting complex commercial lines insurance risks. This position reviews, evaluates, rates, and process insurance requests for, Commercial Property, Commercial Auto or Farm insurance products. The Underwriter II is customer-focused and looks for innovative ways to improve the customer experience. The Underwriter II develops and maintain relationships with brokers to develop lasting and profitable relationships. The Underwriter II trains, mentors, provides training, technical guidance, work review and approval to staff in junior positions.

KEY ACCOUNTABILITIES
- Note: This section is not intended to be an exhaustive list of duties and responsibilities - other duties and responsibilities may be assigned._

Underwriting Operations- Researches and obtains additional information on risk if required.- Determines if risk is acceptable, needs modification, or should be declined based on analysis of all information pertinent to the risk and within the underwriter’s authority.-
- Negotiates with brokers as to the conditions, limitations, rates, and premiums to apply.- Corresponds with brokers to request information and explain underwriting requirements and decisions.- Mentors, provides direction, and reviews and approves requests that fall outside the authority levels of junior staff.- Provides input into changes and/or improvements to wordings for policies, rate and procedure manuals, forms, product brochures, and systems enhancements.- Collaborates with internal stakeholders to discuss underwriting risks. Collaborates with loss prevention partners (internal and external) to measure risk acceptability and to improve risk.- Determines SGI percentage of involvement on subscription policies and/or arranges for reinsurance.- Understands existing and emerging industry trends and market conditions.- Interprets and applies policy wordings, conditions, limitations, rates, and premiums, with a strong focus on customer needs.

Broker Experience and Relationship Management- Consults with and visits brokers to discuss underwriting issues, build relationships and becomes a trusted advisor.- Develops and maintains working relationships with brokers to generate a flow of profitable business and provides assistance in resolving any service matters.- Identifies opportunities to improve broker experience and seeks to find solutions while adhering to the company guidelines.- Collaborates with claims and other departments to deliver a consistent experience to brokers and customers.- Assists with training to staff and brokers on products and procedures. May be required to conduct formal presentations.- Understands the technology brokers use and offers tailored approaches to deliver on the ease of doing business mandate.

High Performance Team & Culture- Supports a culture of leadership and accountability to effectively meet the key accountabilities within the scope of the role.- Displays leadership by committing to a culture of continuous learning/development of self and supports others by actively sharing knowledge, providing guidance, mentoring, training, and supporting developmental opportunities.- Demonstrates that the Health, Safety and Emergency Management Policy is applied in area of responsibility for self and others.TECHNICAL KNOWLEDGE & SKILLS- Knowledge of operations and related assets of appropriate business area (Commercial Auto, Commercial Property or Farm).- Knowledge of the coverages of insurance products and related provincial/federal legislation applicable to the appropriate business area (Commercial Auto, Commercial Property or Farm).- Knowledge of the Principles & Practices of Insurance-
- Knowledge of reinsurance procedures and requirements.- Knowledge of other lines of insurance.

EDUCATION & CERTIFICATIONS- A two-year diploma from an accredited post-secondary education institution in a relevant field of study such as Business, or defined equivalency.

EXPERIENCE- 3 - 5 years’ experience in underwriting

Pay Range:$64,776.00 - $81,744.00

Posting Close Date:
July 31, 2023