Job Description

Title: Senior Underwriter (Small Business Unit)

Location: Downtown Toronto

Responsibilities:

  • Implement 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.
  • Assist in the price monitoring, risk selection and data quality performance reviews.
  • Participate in audits as required.
  • Identifies, investigates, and develops new business/expansion opportunities for assigned segment.
  • 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.
  • Participate in the communication and education of brokers concerning the corporate underwriting philosophy, policies, and procedures as required.
  • Forge new business relationships and solicit new business opportunities.
  • Provide support staff with clear instructions and explanations for data entry to ensure accuracy and service standards are maintained. 

 

Qualifications:

  • Post-secondary school education and/or equivalent on the job experience.
  • Completion of the CIP or working towards
  • Minimum 3 years’ underwriting experience in the property and casualty industry
  • Working knowledge of company underwriting philosophy, policy contracts, rating programs, risk information sources, underwriting/technical manual information, statuary constraints, and computer workflow procedures.
  • Ability to work within and adapt to PC oriented environments, including familiarity with e-mail and Internet skills. Working knowledge of Microsoft Office.
  • Sound knowledge and understanding of underwriting discipline and pricing models.

 

Compensation:

Competitive base salary, bonus, benefits and pension plan

Interested candidates please contact Maurice Reichberg at 416.868.6711 x.232 or forward your resume in confidence to maurice@dgacareers.com.  If you are working with another DGA recruiter, feel free to ask them about this position.

Founded in 1986, DGA Careers specializes in providing insurance recruiting services to major insurers, insurance brokerage firms and independent adjusting firms. DGA Careers assists qualified professionals in claims, underwriting, sales, customer service, and more, connect with the Canadian insurance industry at all levels. We endeavour to respond to each applicant in a timely manner.

Job Posting Details

Job Type

Full-Time

Market Segment

Property Casualty Insurance

Company Type

Recruiting Consultants

Languages Required

English

Education Required

CIP Partial Completion
Post Secondary Education

Minimum Experience Required

3 to 4 Years

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