Senior Commercial Underwriting Specialist

5 days ago


Guelph, Ontario, Canada Co-operators Full time
Company Overview

Federated is a leading Canadian financial services co-operative that prioritizes its people and strives to deliver on its strategy of being a catalyst for a sustainable and resilient society.

Compensation

The estimated annual salary for this role is $80,000 - $110,000 CAD, depending on experience and qualifications. Additionally, eligible employees benefit from a comprehensive total rewards package including group retirement savings plans, pension and benefits (health and wellness, dental, disability and life coverage), mental health support and an employee assistance program.

Job Description

As the Senior Commercial Underwriting Specialist, you will be responsible for underwriting risks for member organizations and other strategic clients. Your duties will include assessing associated risks, reviewing coverage, determining premiums, and ensuring policies are rated in alignment with risk selection guidelines and standards.

  • You will exercise sound judgment and provide recommendations for underwriting solutions, as well as respond to questions on policy interpretation, risk selection, rating, and exceptions.
Required Skills and Qualifications

To succeed in this role, you will need:

  • Three years of insurance experience in commercial underwriting or a related field.
  • A high school diploma.
  • Strong knowledge of underwriting practices and procedures.
  • Expertise analyzing risk information and working knowledge of insurance products.
  • Having the Chartered Insurance Professional (CIP) or Canadian Risk Management (CRM) designation(s) is an asset.
Benefits

This role offers:

  • Training and development opportunities to grow your career.
  • Flexible work options and paid time off to support your personal and family needs.
  • A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.
  • Paid volunteer days to give back to your community.


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