As an Underwriter you will service a portfolio of commercial insurance business requiring a proven underwriting ability and a dedication to customer service perfection. You will be involved in the underwriting of small commercial property and casualty accounts, with premiums up to $7,500, as well an opportunity to showcase your commercial underwriting knowledge. We are interested in speaking with insightful business minded underwriters. You will champion excellent relationships through daily management of an assigned broker portfolio.
What you will do :
- Qualify and underwrite deal through understanding needs and risk characteristics of the customer, ensuring benefit from both top-line and profitability perspective.
- Develop and maintain relationships cross-functionally and external stakeholders, to deliver exceptional broker and customer service.
- Act as a point of escalation for more junior underwriters to refer Middle Market risks, and authorize risks within own established authority levels.
- Maintain the quality and profitability of the portfolio, and refer all risks outside established authority level to Specialist.
- Provide insight on market research and analysis; develop business cases for pricing, coverage and / or product improvements.
- Contribute to the introduction and communication of pricing, coverage and / or product changes on time, including creating underwriter bulletins, contributing to the development of underwriting guidelines, procedures, and manuals.
- Help identify areas of concern regarding loss ratios, risk trends, or other discrepancies, applying remediation strategies as appropriate.
- Build knowledge of all Information Systems / Programs within Commercial Insurance.
- Support maintenance of a compliant underwriting environment in relation to filed rates and rules.
- Participate in regulatory filings for rate changes and build filings for forms and underwriting
- Maintain knowledge of industry trends, developments, and regulatory changes.
What you will bring :
At least 2-4 years’ experience in commercial Insurance underwritingPost-secondary education (Business or related discipline) or equivalent practical experienceCIP / FCIP preferredStrong knowledge of underwriting, pricing and product in key segments, i.e. Wholesaling, Manufacturing and / or ContractorsWorking knowledge of other functional areas (i.e. Claims, Risk Management, Accounting, etc.).Strong level of understanding of underwriting philosophy, policy contracts, rating programs, risk information sources, underwriting / technical manual information, statuary constraints, and computer workflow procedures.Proficiency with Microsoft Office Suite, RTM, Commercial systems and other related systems.Ability to interact in a professional manner to develop long-term relationships with brokers and customers.Ability to work with internal business partners to deliver a great broker and customer experience.Ability to be self-motivated and proactively pursue potential business opportunities with brokers and customers.Ability to listen to broker and customer needs in order to effectively and efficiently meet them.What you’ll get :
Compelling rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.
Outstanding Career Development opportunities.
We’ll support your professional development education.
Competitive vacation package with the option to purchase 5 extra days off per year
Employee driven programs focused on gender, LGBTQ+, origins, diversity and inclusion
Corporate wellness programs to support our employees’ physical and mental health
Hybrid flexible work model
Please note that we may use AI tools to help us through the recruitment process. This is a position which has been posted both internally & externally.
Aviva Canada has an accommodation process in place to provide accommodations for employees with disabilities. If upon commencement of employment you require a specific accommodation because of a disability, please contact your Talent Acquisition Partner so that an appropriate accommodation can be arranged. This process applies throughout your career with Aviva Canada.