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Intermediate or Senior Underwriter, Commercial Group Solutions

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Intact

2mo ago

  • Job
    Full-time
    Mid Level
  • Toronto

AI generated summary

  • You need post-secondary education, 3+ years in P&C insurance, strong analytical and customer skills, initiative under pressure, and excel proficiency. Eligibility to work in Canada is required.
  • You will underwrite policies, build broker relationships, provide guidance, negotiate effectively, review reports, communicate product changes, and mentor team members.

Requirements

  • Post-secondary education or any combination of equivalent education and experience
  • 3+ years of relevant experience in a P&C insurance environment
  • A CIP graduate, or are working towards it
  • Strong analytical and customer service skills
  • Demonstrates initiative, the ability to work under pressure, and are flexible to change
  • Strong analytical, negotiating skills and business savvy
  • Can develop and maintain excellent relationships with brokers
  • Can make decisions in time sensitive situations, address complex problems, provide recommended course of action and take calculated risks
  • Strong verbal and written communication skills
  • Sound knowledge of Microsoft Office products with an intermediate Excel proficiency
  • No Canadian work experience required however must be eligible to work in Canada.

Responsibilities

  • Accept, reject, endorse, renew or cancel policies following Intact underwriting guidelines and procedures, applicable laws and regulations and subject to authority level as specified by underwriting manager.
  • Develop business opportunities and long-term meaningful relationships with our broker partners by providing legendary service.
  • Support brokers regarding underwriting and rating policies
  • Use negotiating skills to maintain healthy relationships within and outside the company.
  • Answer inquiries and make recommendations to brokers and underwriters through verbal and written correspondence.
  • Participate in broker visits, industry functions and marketing events in support of broker relationship development.
  • Review underwriting reports and make recommendations as required.
  • Communicate changes related to product pricing, underwriting guidelines and new products.
  • Support and mentor team members within Specialty Solutions as well as other divisions at Intact.

FAQs

What is the primary role of the Intermediate or Senior Underwriter in Commercial Group Solutions?

The primary role involves analyzing, selecting, and underwriting commercial property and casualty business within the Specialty Solutions department while maintaining a strong customer-focused approach.

What qualifications are required for this position?

Candidates should have post-secondary education or equivalent experience, at least 3+ years of relevant experience in a P&C insurance environment, and preferably be a CIP graduate or working towards it.

Is Canadian work experience required for this role?

No, Canadian work experience is not required; however, candidates must be eligible to work in Canada.

What are the key responsibilities of the Underwriter?

Key responsibilities include accepting or rejecting policies, developing relationships with brokers, supporting broker inquiries, participating in industry functions, and mentoring team members.

What skills are important for this position?

Important skills include strong analytical and customer service skills, negotiation abilities, decision-making in time-sensitive situations, and strong verbal and written communication skills.

Do we have a program for employee development?

Yes, we offer a dynamic workplace learning ecosystem complete with learning journeys, interactive online content, and inspiring programs to support employee development.

Are there benefits related to mental and physical health?

Yes, we provide access to tools and resources to support physical and mental health, as well as an annual wellness account promoting an active and healthy lifestyle.

Is there a mentorship opportunity within the team?

Yes, the role includes supporting and mentoring team members within the Specialty Solutions division and other divisions at Intact.

How does the company recognize employee success?

The company has a financial rewards program that recognizes employee success, along with an industry-leading Employee Share Purchase Plan.

What is the work environment like?

The work environment is dynamic and collaborative, with a hybrid work model that balances remote work with meaningful in-person interactions.

Insurance is not about things. Insurance is about people. L’assurance s’intéresse aux personnes, pas aux choses.

Finance
Industry
10,001+
Employees
1809
Founded Year

Mission & Purpose

We are here to help people, businesses and society prosper in good times and be resilient in bad times. This is our purpose and the foundation of our company – it drives everything we do and gives meaning to our work.