Executive Underwriter

We’re Northbridge Insurance. We’re proud to work with Canada’s most trusted commercial broker networks. We have a reputation for being one of Canada’s leading commercial insurance providers. Our employees are dedicated to understanding the needs of our customers and creating solutions that help Canadian businesses have a safer and brighter future. We’re a company of passionate people who put people first. Do you want to join a team that believes in working hard - and having fun at work - all while making a difference? Look no further than Northbridge.

KEY ACCOUNTABILITIES:

- Underwriting:_- Execute renewal rate and exposure, retention, and rate adequacy guidelines.- Responsible for the successful evaluation, documentation, selection, negotiation, and pricing for assigned policies in order to ensure a profitable book of business within established underwriting authority- Refer and redirect requests for pricing decision and risk selection for risks beyond personal authority, along with recommendations.- Ensure endorsements, renewals, reissues, and cancellations are reviewed and analyzed in accordance with standards and guidelines.- Analyze new business for risk profitability by assessing exposures and hazards as determined by review of underwriting data and referring as required.- Monitor trends and developments identifying areas of concern regarding loss ratios, risk trends, or other discrepancies.-
- Maintain working knowledge of all Information Systems/Programs within underwriting, and analyze/recommend improvements to work processes and procedures.- Identifies, investigates, and develops new business/expansion opportunities for assigned segment.- Evaluates, selects and establishes/negotiates proper rate and ITV levels for risks in order to ensure a profitable book of business within established underwriting guidelines.- Develop and maintain a knowledge and understanding of company operations and procedures.- Maintain the long term profitability of a significant portfolio of accounts regardless of market conditions. This includes the ability to successfully negotiate terms, conditions and pricing to achieve new business, renewal and profitability targets.- Conduct price monitoring, risk selection and data quality performance reviews.- Oversee the completion of file reviews and participate in audits as required.
- Sales/Negotiations:_- Develop and maintain a professional relationship with brokers and/or customers to enhance understanding of the target market and to contribute to quality service, problem solving, and risk selection.- Collaborate with brokers and customers to assist in business retention and customer satisfaction through regular interactions, including in person interactions.- Investigate customers’ risk factors relative to corporate pricing approach to gain support, agreement and enhance relationships.- Participate in the communication and education of brokers concerning the corporate underwriting philosophy, policies, and procedures as required.- Maintain knowledge of industry trends, developments, and regulatory changes including competitive analysis and information, and ensure all necessary broker management systems are updated and current.- Provide quality customer service to assigned brokers including clarification of coverage, wordings, and claims history.- Understand and adhere to service standards in accordance with company guidelines.- Forge new business relationships and solicit new business opportunities.
- Coaching/Mentoring:_- Mentor and train less experienced underwriters- Provide support staff with clear instructions and explanations for data entry to ensure accuracy and service standards are maintained.- Support the completion of peer file reviews and audits.- Act as a resource on risks outside of the authority level for less experienced Underwriters, and authorize risks within own established authority levels.- Provide training, development, and technical guidance to colleagues regarding products, systems, and processes as required.- Collaborate with and support corporate underwriting teams in the development of products and pricing strategies to achieve profitable growth.- Coach and counsel underwriters in respects to risk evaluation, rating and the implementation of internal procedures.- Assess staff training and development needs and provide recommendations for training opportunities to build a competent staff capable of performing all underwriting functions within the unit.
- Operational Leadership:_- Provide input to their Manager/Division Head and/or Corporate Underwriting on various underwriting, strategic, staffing and other issues as requested.- Assist in developing Underwriting guidelines and procedures.- Consult with Corporate Underwriting regarding development of new products and changes to existing policy wordings.
- Other:_- Work collaboratively on special projects and assignments when required.- Other duties as assigned.

QUALIFICATIONS:
- Post-s