Underwriter
6 months ago
**We offer more than a job, we offer a career**
- We support our employees to shape their career by encouraging continuing education and investing in training and development.
- We put our employees at the center of what we do to allow them to grow personally and professionally, with projects and challenges that are motivating and rewarding.
- We inspire people to do what they are passionate about by believing in integrity, respect and recognition of diversity and community support.
- We are a dynamic team where entrepreneurship, innovation and collaboration are at the core of our values.
- We offer competitive salaries and a multitude of benefits starting day one including generous medical and dental coverage, telemedicine, employee and family assistance program, and retirement and savings programs.
- We recognize the importance of work-life balance with our hybrid work program, wellness allowance, and year-round social activities and events.
**We are looking for an Underwriter to join our team in our Waterloo office**
As an Underwriter, you will be responsible for developing and growing business by writing new business, managing a renewal portfolio, and bringing existing products across Canada while maintaining profitability, and delivering exceptional response time.
If you are career-minded and looking for a dynamic work environment with a growth mindset, you will love working among our team
**Your day as an Underwriter**
- Underwrite basic to moderately complex books of commercial P&C products, coverage, pricing, production and delivery, risk management, and managing local brokerage plans.
- Evaluate risks and make underwriting decisions based on company guidelines, risk appetite, and pricing strategies.
- Develop and maintain relationships with brokers and clients, providing exceptional customer service and delivering value-added solutions.
- Manage the submission, quoting, and binding processes for new and renewal business, ensuring accuracy, efficiency, and timeliness.
- Collaborate with other underwriters, brokers, and internal teams to drive profitable growth and achieve assigned monthly sales goals.
- Negotiate policy terms and conditions with brokers and clients, ensuring compliance with underwriting guidelines and regulatory requirements.
- Analyze data and trends to identify new business opportunities and develop marketing strategies to attract new business.
- 3 to 5 years of experience in P&C underwriting, with a focus on commercial lines and preferably with an MGA.
- Proven record of accomplishment of underwriting profitability and growth targets.
- Good knowledge of the MS Office Suite.
- Proficiency in data analysis and Excel. Experience in data visualization tools; an asset.
- Strong analytical and problem-solving skills with the ability to think strategically and translate insights into action.
- Effective time management and organizational skills.
- Strong attention to detail and precision.
**Who we are.**
TSW Management Services Inc. is a national Lloyd’s Managing General Agent and Wholesale Broker specializing in complex commercial insurance placements. At TSW, we also act as a “retail broker” through our competitive Broker’s E&O program.
TSW Management Services Inc. exists to assist retail brokers in their growth of commercial business beyond their current capabilities. Our goal is to become one of Canada’s leading MGA commercial insurance wholesalers through our product offerings, integrity, intelligence, and delivery of outstanding service. In doing so, we “partner” with our brokers, sharing in their success.
**Let’s stay in touch**: Follow us on LinkedIn to get privileged access to our activities and see our other job opportunities.
- Offers of employment at TSW Management Services Inc. are conditional upon satisfactory results of background verifications._
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