Commercial Insurance Underwriter and Risk Specialist
3 days ago
Aviva Canada Inc. has an exciting opportunity in our commercial insurance business unit. Our Ontario Nationals Commercial Insurance Branch is looking for a Senior Underwriter/Underwriting Specialist to drive profitable growth through quality underwriting with a middle market commercial focus.
The role involves collaborating with internal partners to identify new business opportunities, providing technical expertise to brokers and customers, and mentoring junior underwriters. You will be responsible for qualifying and underwriting new and renewal Mid-Market Property & Casualty accounts, acting as a point of escalation for junior underwriters, and maintaining the quality and profitability of the Middle Market portfolio.
Key Responsibilities:
- Qualify and underwrite new and renewal Mid-Market Property & Casualty accounts through understanding customer needs and risk characteristics.
- Act as a point of escalation for more junior underwriters and authorize risks within established authority levels.
- Maintain the quality and profitability of the Middle Market portfolio and refer risks outside established authority levels to the appropriate resource.
- Provide insight on market research and analysis and help identify areas of concern regarding loss ratios, risk trends, or other discrepancies.
- Build knowledge of all Information Systems/Programs within Commercial Insurance and participate in Quality Reviews and audits as required.
Requirements:
- 7+ years' experience in commercial Insurance underwriting.
- Post-secondary education (Business or related discipline) or equivalent practical experience, CIP/FCIP preferred.
- Expert knowledge of underwriting, pricing, and product in key segments, i.e., Wholesaling, Manufacturing, and/or Contractors.
- Strong understanding of underwriting philosophy, policy contracts, rating programs, risk information sources, underwriting/technical manual information, statutory constraints, and computer workflow procedures.
- Proficiency with Microsoft Office Suite, RTM, Commercial systems, and other related systems.
What We Offer:
- An estimated salary range of $90,000 - $120,000 per year.
- A comprehensive rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.
- Employee-driven programs focused on diversity, equity, and inclusion.
- Corporate wellness programs to support employees' physical and mental health.
- A hybrid flexible work model.
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