Commercial Underwriter
1 month ago
**Overview**
**Duties**
- Evaluate new business opportunities and assigned renewals according to authority level, risk appetite, and rating matrices.\
- Negotiate policy terms and conditions to ensure adherence to Company’s underwriting guidelines and best practices.
- Assist with “portfolio” underwriting initiatives utilizing in-house quick quote portal.
- Develop and maintain relationships with Company’s broker network, providing exceptional customer service, adhering to Company SOPs and KPIs.
- Provide technical expertise and instruction to underwriting services team for accurate post-bind policy issuance, billing, and processing requirements.
- Remain current in industry trends to identify potential opportunities and emerging risks.
- Other duties as assigned.
**Qualifications & Experience**:
- Strong analytical skills with a focus on risk assessment and management.
- Proficiency in mathematics for calculating premiums, coverage, and financial evaluations.
- Excellent negotiation skills to facilitate agreements between clients and the company.
- Experience in data collection methods to gather relevant information for underwriting decisions.
- Knowledge of financial services principles and practices related to underwriting processes.
- Attention to detail to ensure accuracy in assessments and documentation.
- 5+ years of experience in the P&C Insurance Industry required.
- Prior MGA and Lloyd’s Coverholder experience considered an asset.
- CAIB, CIP and/or equivalent industry designation preferred but not required.
Pay: $60,000.00-$67,500.00 per year
**Benefits**:
- Dental care
- Extended health care
- Paid time off
Flexible language requirement:
- French not required
Schedule:
- Monday to Friday
Work Location: Remote
Application deadline: 2024-12-20
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