Insurance Underwriter
1 month ago
About the Role
We are seeking a highly skilled and motivated Underwriter I to join our team. As an Underwriter I, you will be responsible for evaluating and rating personal lines insurance risks, ensuring that our customers receive the best possible coverage.
Key Responsibilities
- Evaluate and rate personal lines insurance risks, taking into account various factors such as customer information, policy details, and industry trends.
- Develop and maintain relationships with brokers to build lasting and profitable relationships, which involve regular communication and collaboration.
- Collaborate with internal and external stakeholders to discuss risk acceptance and policy wording interpretation, ensuring that our customers receive the best possible coverage.
- Maintain accurate records of decisions made and ensure completeness of policy data, adhering to established procedures and guidelines.
- Provide work review and approval to staff in less senior positions, mentoring and guiding them to ensure they meet the required standards.
Requirements
- A two-year diploma from an accredited post-secondary education institution in a relevant field of study, such as Business, or defined equivalency.
- 1-3 years' experience in underwriting, with a strong understanding of insurance products and related provincial/federal legislation.
- Proficient knowledge of the coverages of insurance products and related provincial/federal legislation applicable to Personal Lines (Auto and Property).
- Proficient knowledge of the Principles & Practices of Insurance, with a strong focus on customer needs.
What We Offer
- A competitive salary range of $54,000 - $68,184.00.
- A dynamic and supportive work environment, with opportunities for growth and development.
- A comprehensive benefits package, including health, dental, and vision coverage.
How to Apply
As you prepare to submit your application, please highlight the achievements that demonstrate why you're a great candidate for this role. We look forward to reviewing your application and learning more about your qualifications.
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