Director, Product and Underwriting NEW

3 weeks ago

Waterloo, Canada Definity Financial Corporation Full time

Reporting to the AVP, Product and Underwriting, the Director, Corporate Underwriting (Auto & Property) is responsible for leading the technical aspects of Personal Insurance Product and Underwriting area for both automobile and property lines of business. The Director is accountable for developing and building out the foundations for underwriting decisions making across all PI teams. Leading a small team of technical specialists, the Director will be responsible for bringing and underwriting lens to interactions between various teams, including the operational teams, claims, governance, and risk management. This role is also responsible for providing underwriting oversight and direction to the operations teams.

What can you expect in this role?

  • Deliver on the Personal Insurance business strategy as it relates to product and underwriting for property and automobile for all Definity companies.
  • Develop and enhance underwriting and risk appetite philosophies in line with Company and market conditions.
  • Develop and implement controls and strategies to support profitable growth, enhance underwriting quality and mitigate against risks.
  • Ensure underwriting decisions adhere to underwriting philosophy and maintain the integrity of the portfolio strategy, practices, and governance.
  • Oversee technical underwriting reviews and turn learnings into remediation actions to improve data quality and systems controls to improve risk selection.
  • Further advance underwriting licensing framework to create an appropriate delegated authority model supported by a robust audit process.
  • Oversee the underwriting participation in large loss committees, coverage conversations and create an effective interaction model with various stakeholders.
  • Provide high-level expertise and guidance on technical insurance matters for various stakeholders.
  • Work with other teams within Chief Underwriting Office to solve business problems such as: retention, growth, profitability, competitive positioning, and product development.
  • Develop technical underwriting framework to support referrals and exception handling to improve quality of the book and optimize retention.
  • Actively participate in the research and monitoring of the industry, market, and competitors to identify opportunities and threats as well as areas for improvement in operations.

As the successful candidate you will ensure the team is providing appropriate level service and support to our internal partners. This requires an innovative approach to instructional design, facilitation, knowledge management and quality monitoring priorities.

What do you bring to the role?

  • University Degree in a relevant discipline;
  • FCIP or actively pursuing FCIP is an asset
  • 7 to 10 years of relevant full-time personal insurance underwriting or related industry experience
  • Prior leadership experience required with an ability to lead and manage a team in a busy and changing environment while fostering positive performance and engagement.
  • Excellent communication skills (written/oral) required with the ability to foster positive relationships
  • Helps build and maintain a culture of high performance and sustained profitable growth by promoting and supporting an environment that encourages productivity, collaboration, teamwork, and a high level of professionalism.
  • People Management & Development including; Ensures team is staffed with appropriate skills and a capacity to deliver on mandates, Demonstrates strong leadership competencies, and supports and is an advocate for change
  • Ability to manage stakeholders through collaboration and cooperation at various levels across the organization
  • Strong organizational skills with the ability to prioritize multiple projects
  • Advanced decision-making skills
  • Excellent analytical and problem solving with the ability to select and implement best solution
  • Strong proficiency in Microsoft Office suite of products
#J-18808-Ljbffr

  • Director, Advanced Underwriting

    43 minutes ago

    Waterloo, Canada Sun Life Financial Full time

    Director, Advanced Underwriting page is loaded Director, Advanced Underwriting Apply locations Waterloo, Ontario Edmonton, Alberta Halifax, Nova Scotia Regina, Saskatchewan Montreal, Quebec time type Full time posted on Posted 9 Days Ago job requisition id JR00093

  • Analyst, Product

    2 days ago

    Waterloo, Canada Definity Full time

    Job ID : 6474 Category : Personal Insurance Brand : Definity Regular/Temporary : Regular Fulltime/Parttime : Full Time Location : Waterloo, Canada Definity includes some of Canada’s most long-standing and innovative insurance brands, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. With strong roots that...

  • Underwriter

    1 month ago

    Waterloo, Canada Equitable Full time

    At Equitable, we realize that your work life is not just about performing a job; it's about being part of a workplace that helps you grow and reach your full potential. Within our friendly and collaborative work environment, we recognize that the key to our growth and success is a dedicated, motivated and customer-responsive staff. Join Equitable...

  • Senior Commercial Underwriter

    7 days ago

    Waterloo, Canada Heartland Farm Mutual Inc. Full time

    Senior Commercial Underwriter – Waterloo, OntarioLocated in Ontario and Nova Scotia, Heartland Mutual Insurance strives to be the Best Mutual. Our team of talented and dedicated professionals challenge the norm and strives to be extraordinary. It’s all about fulfilling our promise with a personal approach. With our team, you’ll bring this purpose to...

  • Senior Commercial Underwriter

    7 days ago

    Waterloo, Canada Heartland Farm Mutual Inc. Full time

    Senior Commercial Underwriter – Waterloo, OntarioLocated in Ontario and Nova Scotia, Heartland Mutual Insurance strives to be the Best Mutual. Our team of talented and dedicated professionals challenge the norm and strives to be extraordinary. It’s all about fulfilling our promise with a personal approach. With our team, you’ll bring this purpose to...

  • Senior Commercial Underwriter

    7 days ago

    Waterloo, Canada Heartland Farm Mutual Inc. Full time

    Senior Commercial Underwriter – Waterloo, OntarioLocated in Ontario and Nova Scotia, Heartland Mutual Insurance strives to be the Best Mutual. Our team of talented and dedicated professionals challenge the norm and strives to be extraordinary. It’s all about fulfilling our promise with a personal approach. With our team, you’ll bring this purpose to...

  • Group Benefits Underwriter

    1 month ago

    Waterloo, Canada Simply Benefits Full time

    **GROUP BENEFITS UNDERWRITER** **Who we are** We’re a Kelowna based Third Party Administrator/Payor (TPA/TPP) improving the health benefits experience for employers, insurers and, well, everybody! Our team leverages digital-focused strategies to provide members with fast, easy and thoughtful benefits experiences. To put it simply, we provide group...

  • Commercial Property Underwriter II

    7 days ago

    Waterloo, Canada Heartland Farm Mutual Inc. Full time

    Commercial Property Underwriter II – Waterloo, OntarioLocated in Ontario and Nova Scotia, Heartland Mutual Insurance strives to be the Best Mutual. Our team of talented and dedicated professionals challenge the norm and strives to be extraordinary. It’s all about fulfilling our promise with a personal approach. With our team, you’ll bring this purpose...

  • Commercial Property Underwriter II

    7 days ago

    Waterloo, Canada Heartland Farm Mutual Inc. Full time

    Commercial Property Underwriter II – Waterloo, OntarioLocated in Ontario and Nova Scotia, Heartland Mutual Insurance strives to be the Best Mutual. Our team of talented and dedicated professionals challenge the norm and strives to be extraordinary. It’s all about fulfilling our promise with a personal approach. With our team, you’ll bring this purpose...

  • Commercial Property Underwriter II

    7 days ago

    Waterloo, Canada Heartland Farm Mutual Inc. Full time

    Commercial Property Underwriter II – Waterloo, OntarioLocated in Ontario and Nova Scotia, Heartland Mutual Insurance strives to be the Best Mutual. Our team of talented and dedicated professionals challenge the norm and strives to be extraordinary. It’s all about fulfilling our promise with a personal approach. With our team, you’ll bring this purpose...

  • Commercial Property Underwriter Ii

    5 days ago

    Waterloo, Canada Heartland Farm Mutual Inc. Full time

    Located in Ontario and Nova Scotia, Heartland Mutual Insurance strives to be the Best Mutual. Our team of talented and dedicated professionals challenge the norm and strive to be extraordinary. It’s all about fulfilling our promise with a personal approach. With our team, you’ll bring this purpose to life every day by living our values, being open to...

  • Underwriter, Intermediate

    2 months ago

    Waterloo, Canada Equitable Full time

    At Equitable Life of Canada, we realize that your work life is not just about performing a job; it's about being part of a workplace that helps you grow and reach your full potential. Within our friendly and collaborative work environment, we recognize that the key to our growth and success is a dedicated, motivated and customer-responsive staff. Join...

  • Underwriting Associate

    1 month ago

    Waterloo, Canada Sun Life Full time

    You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll...

  • Manager Underwriting

    7 days ago

    Waterloo, Canada Manulife Insurance Malaysia Full time

    time type Full time posted on Posted Yesterday job requisition id JR24030933 We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us...

  • Manager Underwriting

    7 days ago

    Waterloo, Canada Manulife Insurance Malaysia Full time

    time type Full time posted on Posted Yesterday job requisition id JR24030933 We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us...

  • Manager Underwriting

    7 days ago

    Waterloo, Canada Manulife Insurance Malaysia Full time

    time type Full time posted on Posted Yesterday job requisition id JR24030933 We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us...

  • Underwriter, Intermediate

    3 days ago

    Waterloo, Canada Equitable CA Full time

    At Equitable, we realize that your work life is not just about performing a job; it's about being part of a workplace that helps you grow and reach your full potential. Within our friendly and collaborative work environment, we recognize that the key to our growth and success is a dedicated, motivated and client-responsive staff. Join Equitable...

  • Group Underwriter

    1 month ago

    Waterloo, Canada Sun Life Full time

    You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll...

  • Underwriter, Senior

    3 days ago

    Waterloo, Canada Equitable Life of Canada Full time

    Underwriter, Senior Waterloo, ON, Canada Req #2277 Friday, May 31, 2024 At Equitable, we realize that your work life is not just about performing a job; it's about being part of a workplace that helps you grow and reach your full potential. Within our friendly and collaborative work environment, we recognize that the key to our growth and success is a...

  • Associate Group Underwriter

    1 month ago

    Waterloo, Canada Sun Life Full time

    You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll...