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Commercial Lines Underwriter

3 months ago


Old Toronto, Ontario, Canada Wawanesa Full time

Position Overview

We are seeking a dedicated and motivated individual to join our team as a Field Underwriter. This role is pivotal in driving new business growth by fostering and maintaining robust relationships with brokers.

Key Responsibilities

  • Act as the primary representative for the company, establishing strong partnerships and managing a portfolio to meet profitability and revenue targets.
  • Serve as the main point of contact for designated brokers.
  • Meet sales objectives by identifying and generating new business opportunities.
  • Proactively build a pipeline of new accounts ahead of expiration dates to ensure profit and revenue goals are achieved.
  • Regularly discuss potential accounts in the pipeline, reviewing strategies and establishing underwriting relationships with brokers.
  • Underwrite and oversee a commercial lines portfolio for the assigned territory.
  • Collaborate on underwriting new and renewal commercial lines accounts, pre-qualifying members, and working with the production team to evaluate new business prospects.
  • Maintain comprehensive records of accounts and conduct post-analysis on accounts that were not secured to enhance sales strategies and competitive insights.
  • Facilitate effective communication regarding underwriting practices, growth, and profitability objectives.
  • Review loss control assessments, engage in underwriting procedure improvement projects, and provide recommendations to enhance departmental outcomes, including coverage and pricing adjustments.
  • Participate in industry and broker events.
  • Travel within the assigned territory using a company vehicle, which may require short-notice travel or daily driving tasks.
  • Perform additional duties as required.

Qualifications

  • A minimum of five years of experience in the Property and Casualty insurance sector.
  • Post-secondary education or relevant business experience.
  • Completion or active pursuit of a Property and Casualty Industry Designation.
  • Proficient in Microsoft Office Suite.
  • Exceptional attention to detail with the ability to analyze information thoroughly.
  • Strong decision-making skills with the capacity to provide rationale.
  • Excellent communication abilities to present information effectively.
  • Robust analytical and problem-solving skills with the capability to identify and implement solutions.
  • Ability to adapt to change and perform effectively under pressure.
  • Capacity to manage multiple tasks and monitor progress to meet deadlines.
  • Self-sufficient with sound decision-making capabilities.
  • Willingness to travel regularly to meet with brokers within the designated territory.

Commitment to Diversity, Equity & Inclusion

Wawanesa is an equal opportunity employer, dedicated to fostering a diverse workforce that is equitable and inclusive for all. We provide equal employment opportunities to all employees and applicants without regard to any protected status.

If you are interested in this opportunity, we encourage you to apply with your resume.