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Insurance Risk Management Specialist
2 months ago
Job Overview
The Commercial Property Underwriter is a key role in our team, responsible for analyzing and evaluating risk to determine the acceptability of complex policies. As a senior member of our renewal services team, you will work closely with our sales force to maximize business opportunities and provide expert service to policyholders.
Job Responsibilities
- Analyze and evaluate risk using technology and external data sources for quoting, negotiating, and authorizing the acceptance of risk.
- Arrange reinsurance or subscribing companies as necessary.
- Determine eligibility for policy renewals based on company guidelines and retention goals.
- Maintain accurate records of decisions made and ensure completeness of policy data.
- Communicate decisions and respond to requests in a timely and professional manner.
- Act as a subject matter expert for insurance policies, processes, regulations, and audit.
- Mentor and train less experienced team members.
- Participate in periodic work reviews for quality assurance purposes.
- Support the development and implementation of business change initiatives.
- Ensure efficient handling of work assignments, including calls.
- Influence team members in a positive manner and provide effective short-term direction towards team goals.
- Foster positive working relationships with internal and external parties, including networking at industry events.
- Perform other duties as assigned.
Qualifications
- Minimum 3 years of experience in the Commercial Property and Casualty industry.
- Post-secondary education or related business experience.
- Bilingualism in French and English (written and spoken).
- Completed or actively pursuing a Property and Casualty Industry Designation.
- Working knowledge of Microsoft Office Suite.
- Excellent attention to detail with the ability to review information carefully and comprehensively.
- Excellent decision-making skills with the ability to provide justification.
- Excellent communication skills with the ability to present information in a convincing manner.
- Excellent customer service skills.
- Strong analytical and problem-solving skills with the ability to identify and implement solutions.
- Ability to adapt to change and perform effectively under pressure.
- Ability to multi-task and monitor progress to meet deadlines.
Salary Range: $70,000 - $100,000 per year, depending on experience and qualifications.