Personal Lines Underwriting Specialist

4 days ago


Waterloo, Ontario, Canada Heartland Farm Mutual Inc. Full time
About Us:

Heartland Mutual Insurance is a leading provider of personal lines insurance, dedicated to delivering exceptional service to our customers. Our team of talented professionals is passionate about challenging the norm and striving to be extraordinary. We're committed to fulfilling our promise with a personal approach, making a meaningful impact in the communities we serve.

Job Description:

This role offers the opportunity to work in a dynamic environment where you can apply your skills and knowledge to drive business growth and success. As a Personal Lines Underwriter II, you will play a key role in underwriting and negotiating medium complexity renewals, policy endorsements, and new business. You will also have the opportunity to participate in training and development initiatives, helping to shape the future of our organization.

Responsibilities:
- Underwrite and negotiate medium complexity renewals, policy endorsements, and new business.
- Gather background information on potential customers and analyze all relevant data to determine risk levels.
- Prepare terms and conditions of insurance policies.
- Manage underwriting portfolio, working within the company operational plan to understand and apply underwriting philosophy to write a profitable book of business.
- Provide excellent customer experience and manage the development of internal and external stakeholders.
- Negotiate terms and conditions of risk acceptance with brokers.
- Ensure day-to-day underwriting practices confirm to all necessary regulatory obligations.
- Manage product and pricing, understanding and implementing company marketing strategies; assist management in development of products, pricing, and services.
- Identify and communicate trends to management.
- Participate in or provide training and development initiatives.

Requirements:
- 3-5 years of experience working in the insurance industry.
- Post-secondary education, working towards CIP designation.
- Excellent analytical skills and ability to make informed decisions.
- Effective communication and interpersonal skills, both written and verbal.
- Negotiation and interpersonal skills, with the ability to influence decisions and negotiate strategically.
- Analytical and critical thinking skills, including the ability to determine how to grow business profitability through assessment and analysis of individual risks.
- Excellent math and statistics skills.
- Ability to work with customers from a range of backgrounds.

What We Offer:
In return, we'll give you countless opportunities to learn and grow. You'll be empowered to be your best self, do your best work, and make a meaningful impact. Here, you can help shape the future of insurance, win as a team, and grow with us.

We offer a comprehensive benefits package, including health and dental coverage, a generous pension plan, and an incentive plan that rewards staff members for their contributions. Our hybrid work model allows you to balance your work and personal life while enjoying the benefits of working from home.

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