Full-Time Experienced Property Underwriter
Job Description
Experienced Property Underwriter
Experienced Property Underwriter provides detailed underwriting and risk analysis for Family Insurance’s HomeCover products. The incumbent will respond to product and procedural questions from underwriters and brokers, provide guidance for complex new business, participate in post-loss underwriting reviews, and review claim referral cases in accordance with Family’s philosophy. This position shares responsibility for risk selection, rating, and customer service with brokers and partners.
Who We Are
Family Insurance is a managing general agent for Economical Insurance. As one of the BC’s Top Employers for 2021, we strive to be a provider of choice for auto and home insurance and an employer of choice in our industry. Our insurance policies are distributed to British Columbians through a network of independent insurance brokers across the province.
Why You’ll Like It Here
- An incredible team of smart, collaborative, and supportive people to work with
- We are a company that values community, wellness and work-life balance.
- Competitive salary and benefits, including tuition reimbursement, company matched RRSP and fitness subsidies
- Generous time away, including vacation, personal leave and birthday leave
- Paid volunteer days and company matching on charitable donations
- Professional Development, tuition assistance, and paid time off to study for exams
- Two annual wellness campaigns — participants earn up to $300 each year to spend on almost anything supporting health and work-life balance (think things like spa days, daycare, pet grooming)
- An employee referral bonus program
- Flexible work schedule – Currently, we are working remotely which will re-integrate to hybrid work environment when the office reopens
- Discounts on products and services
Responsibilities
- Accept, reject, endorse, renew or cancel contracts following company underwriting policies/procedures, applicable laws and regulations, based on assigned authority level
- Answer inquiries and make recommendations to brokers through verbal and written correspondence
- Guide and direct brokers on the use of the functional application of Family’s Point of Sale system
- Develop and maintain relationships with assigned broker groups to develop a stable and profitable book of business
- Understand and communicate underwriting business rules and guidelines
- Participate in post-loss underwriting reviews and review of claims referral cases in accordance with Family’s philosophy
- Provide training to brokers on underwriting matters, as well as train junior underwriting staff on technical underwriting issues
- Assist management with special projects as assigned
Job Requirements
- Ability to proactively solve problems and recommend solutions to issues
- Strong ability to work independently as well as part of a team
- Ability to interpret and effectively communicate complex information
- Strong verbal and written communication skills
- Understand insurance practices and principles, current market trends, and the value of customer service relationships
Experience & Qualifications
- Minimum 3 years’ experience with personal lines underwriting or related experience
- CIP designation or actively pursuing a CIP designation or equivalent
- Must have a Broker Level 1 License, or be willing to obtain the license within the first 30 days of employment. Candidates will not be permitted to perform the duties of an underwriter until this license has been obtained (licensing costs will be covered by Family)
- A Broker Level 2 License is strongly preferred. Intermediate underwriters and above will be required to obtain this license within 18 months of commencing employment
- Demonstrated knowledge of MS Office suite (Word, Excel, Outlook)
How to Apply
Qualified candidates are asked to please apply at company website at https://www.familyins.com/pub/careers/ with a cover letter outlining your suitability for this opportunity and a copy of your resume in one document. Family’s office is located in the picturesque Coal Harbour area of downtown Vancouver, close to the seawall, Stanley Park, and public transit. The company offers a supportive and collaborative work culture with great employee perks. We would like to thank all candidates for showing interest in this role and our company; however only those selected for further consideration will be contacted. We are committed to providing an inclusive work environment that welcomes diversity and supports accessibility across the organization. If you require accommodation at any time during the recruitment process, please let us know by contacting accommodationrequest@familyins.com.221 total views, 1 today
