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28 Jul 2016

Full-Time Senior Corporate Underwriting Specialist

Insurance Career Network posted by Elaine Kinsella – Posted by Insurance Career Network Inc. –  Mississauga, Ontario, Canada

Job Description

Insurance Career Network is a recruitment firm focused exclusively on the insurance industry.  Our relationships, knowledge and leading experience enable us to connect leading insurers, brokerage firm and independent adjusting firms with the most talented candidates for each role.

All inquiries are CONFIDENTIAL

Senior Corporate Underwriting Specialist

Our client is a successful Insurance company in the Mississauga area that offers  a very good compensation package. Be part of a Team that works together.

Responsibilities

  • The profitable growth of the Commercial Lines department by accepting acceptable risks with acceptable conditions at adequate pricing levels.
  • Managing the training requirements of the commercial department.
  • Ensuring that audits are completed as per the audit guidelines and submitting an audit report to AVP Commercial.
  • Ensuring department adheres to corporate underwriting standards, reinsurance treaty restrictions, limit capacity and Insurance Act regulations.
  • Assist or develop new product lines of business including appropriate wordings, underwriting rules and rates.
  • Provide required KPI reports to AVP.
  • Evaluate ‘program’ opportunities, recommend appropriate action plan and develop/manage all programs as directed by management.
  • Collect and analyze competitor technical information and data and recommend any appropriate product changes or realignment of risk appetite.

Activities:

  • Work with the commercial underwriting staff to successfully underwrite and price accounts to achieve profitable growth.
  • Implement the corporate goals that have been established.
  • Review the key management reports to determine what corporate goals are working effectively and what goals are not and submit a recommended action plan to AVP commercial.
  • Implement the established corporate strategies in order to achieve our corporate goals.
  • Use in-depth product and market knowledge to successfully underwrite and price accounts for profit and growth.
  • Implement the new products or services that have been developed to successfully meet the needs of our customers.
  • Technical responsibility for establishing line limits, ensuring appropriate capacity to support product development.
  • Identify business opportunities including what competitive product offerings are required to keep us competitive in the market place.
  • Complete underwriting audits as per the audit guidelines.
  • Conduct training secessions.
  • Act as a technical resource for underwriting, claims, brokers, IT and management for the intent and interpretations of relevant legislation, wordings and corporate guidelines.
  • Work with the Technical Committee to develop system improvements and underwriting guidelines.
  • Review invoices for usage and approval of assigned vendors.
  • Additional duties as assigned.

Knowledge, Qualifications, Skills:

  • In depth technical knowledge and experience and the ability to apply that knowledge in order to work with managers and staff including other departments to achieve corporate goals.
  • In depth knowledge of underwriting principles and practices, concepts and methodologies and how they are applied for the successful achievement of corporate goals.
  • In depth knowledge of commercial rates and pricing to effectively underwrite the types of business written.
  • Effective oral and written communications skills.
  • Effective IT skills to effectively manage corporate systems such as: IIS, OPUS, Word, Excel, PowerPoint and Outlook.
  • Excellent customer service and business skills.
  • Excellent coaching and mentoring skills.
  • Excellent presentation skills.

Education and Experience:

  • University / College degree, CIP, CRM designation.
  • 10 + years management / underwriting experience.

 

 

How to Apply

Call Elaine at 416-703-5120 ext 204 or email resume to elaine@insurancecareernet.com When you work with Insurance Career Network, you are working with an entire team of Insurance Recruiters. Our team has the contacts to help you find your next great opportunity Only qualified candidates will be contacted.

Job Categories: Commercial. Job Types: Full-Time. Job Tags: commercial underwriter, Corporate, and property and casualty.

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