Job title: Underwriting Specialist, Mid – Market
Company: The Co-operators
Job description: Description :Company: Sovereign InsuranceDepartment: SOV – Commercial UnderwritingEmployment Type: Regular Full-TimeWork Model: Hybrid (2 days/week in office)Language: This role operates in English.The Opportunity:As a wholly owned subsidiary of the Cooperators General Insurance, believes your experience matters. This is our promise to not only our clients but to our employees as well, because we know the strength of our company starts with our people. The smart, curious and collaborative people who bring their whole heart and passion to work each day. But you can’t pour from an empty cup; we take care of the well-being of our people so that they are inspired to protect Canadian businesses and the lives, families and communities we impact. Join us and begin shaping your experience at Sovereign.As a Underwriting Specialist, Mid – Market you will review and evaluate large and complex account applications to determine risk, extent of coverage, and premiums. You will accept or reject applications based on established policies, procedures and standards, company philosophies and Authority Levels.How you will create impact :
- Promoting, underwriting and quoting new business, renewals and endorsements in accordance with the company’s underwriting philosophy, rating, loss ratio objectives, service standards and authority levels.
- Negotiating coverage and rates and participating in underwriting audits.
- Completing necessary documentation in support of the business you handle.
- Developing and maintaining positive constructive relationships with brokers.
- Developing a team-oriented approach to meeting corporate and department goals and objectives; including written premium and profitability objectives.
- Handling branch underwriting referrals and provide mentoring / coaching to more junior underwriting team members
- Keeping current on market conditions and insurance regulations and emerging trends
- Participating in special projects in conjunction with various teams across Sovereign as required.
How you will succeed :
- You thrive on delivering our exceptional client experience through positive and engaging relationships; embracing accountability to achieve effective results.
- You ensure your day-to-day actions are in harmony with the company’s purpose, vision, and values even when challenged.
- You will support and guide others through changing conditions and encourage the exploration of new opportunities or innovations.
- You value and encourage others to have cooperative and collaborative dialogue because diverse perspectives offer more creative and productive solutions.
To join our team :
- You have 7+ years of Commercial Underwriting experience, with strong mid market experience
- You have experience in Construction, Manufacturing, Wholesale, and/or Transportation and Logistics segments.
- Having Chartered Insurance Professional (CIP) designation an asset.
What you need to know :
- Detail oriented work that requires a high degree of mental concentration for extended periods of time.
- You will provide support to clients who are experiencing a personal or financial loss. A high degree of confidentiality and discretion is required.
What’s in it for you?
- The opportunity to take on challenging work and contribute your expertise, creativity, and passion in meaningful ways.
- A comprehensive total rewards package, including competitive salary, bonus, paid time off, pension and benefits.
- A holistic approach to your well-being, with physical and mental health programs and flexible work options.
- The opportunity to work on an inclusive team who inspire each other to explore and achieve what’s possible.
“Expected Salary Range: $86,250 – $143,750
*The salary amount for the successful candidate is determined by Co-operators in its discretion and will vary depending on several criteria including but not limited to: local market conditions, geography and relevant job-related factors such as knowledge, skills, qualification, experience and education.
Employees may also have the opportunity to participate in incentive programs and earn additional compensation tied to individual and/or business performance, or other business metrics.
Expected salary: $86250 – 143750 per year
Location: Vancouver, BC
Job date: Fri, 09 Aug 2024 03:08:29 GMT
Apply for the job now!