Insurance Underwriter

6 days ago


Vancouver, British Columbia, Canada Co-operators Full time
Job Overview

Sovereign Insurance is seeking a highly skilled Commercial Underwriting Specialist to join its team. As a valued member of our organization, you will play a critical role in reviewing and evaluating large and complex account applications to determine risk, extent of coverage, and premiums.

Key Responsibilities:
  • Promoting, underwriting, and quoting new business, renewals, and endorsements in accordance with the company's underwriting philosophy, rating, loss ratio objectives, service standards, and authority levels.
  • Negotiating coverage and rates and participating in underwriting audits.
  • Completing necessary documentation in support of the business handled.
  • Developing and maintaining positive, constructive relationships with brokers.
  • Developing a team-oriented approach to meeting corporate and department goals and objectives, including written premium and profitability objectives.
  • Handling branch underwriting referrals and providing mentoring/coaching to more junior underwriting team members.
  • Keeping current on market conditions and insurance regulations and emerging trends.
Requirements:
  • 7+ years of commercial underwriting experience with strong mid-market expertise.
  • Experience in construction, manufacturing, wholesale, and/or transportation and logistics segments.
  • Chartered Insurance Professional (CIP) designation an asset.
What We Offer:
  • A comprehensive total rewards package, including competitive salary, bonus, paid time off, pension, and benefits.
  • A holistic approach to your well-being, with physical and mental health programs and flexible work options.
  • The opportunity to work on an inclusive team who inspire each other to explore and achieve what's possible.
Estimated Salary Range:

$86,250 - $143,750 per year.*

*Salary range may vary depending on local market conditions, geography, and relevant job-related factors.


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