Full-Time FI – Sr. Underwriter/Underwriter
Job Description
Job Summary:
To underwrite the relevant line of business within agreed business plan parameters, in line with underwriting authority, in order to achieve agreed combined ratio targets.
Company overview:
Markel Canada Limited is an insurance company established in 1966, with Canadian offices in Toronto, Vancouver and Montreal. We pride ourselves on being a leader in liability with sector specialties. Our educated underwriters work with clients to offer optimal risk management solutions, and our dedicated claims team ensure each claim is handled promptly, professionally and fairly.
Your success is our success — that’s the Markel Style.
Our parent company, Markel International, is a subsidiary of Markel Corporation (NYSE- MKL), a US-based holding company for insurance and investment operations with over 60 offices in 20+ countries around the world.
Find out more by visiting our websites:
http://www.markelinternational.com/regions/canada/markel-canada/
Department overview:
Professional & Financial Risks (PFR) in Canada focus on Canadian domiciled business and can deploy capacity of $15M on any one risk. We provide excellent service via our expert underwriters who are available in local offices across Canada. Underwriters have a flexible and innovative approach to underwriting that ensures that we can provide the product required for our customers. This role is based in the PFR team with special focus on supporting and developing out our strategy within the Financial Institutions sector.
Duties and accountabilities
The successful candidate will:
- Work with the PFR Canada Product Line Leader, senior management and actuarial to implement the underwriting strategy and keep them informed of progress and developments
- Provide technical leadership for underwriting/marketing of FI products (D&O, E&O, Crime)
- Confidently and positively demonstrate the discipline of our chosen underwriting approach
- Effectively balance the demands of underwriting with the challenges of maintaining customer relationships
- Demonstrate sound and conservative underwriting judgement whilst continuously scrutinizing performance against plan and adjust approach if required
- Prioritise the team’s underwriting strategy and diligently adhere to it at all times
- Apply appropriate underwriting practices including authority and guidelines control
- Apply appropriate risk management practices including aggregations and guideline controls and any measures required to limit Markel’s exposure
- Travel to represent Markel as required by PFR Management
- Actively keep knowledge and skills up-to-date through courses and seminars, where appropriate.
Skills, knowledge and experience
The successful candidate will have the following qualifications:
- Minimum of 2 years of FI underwriting experience
- Successful completion of a university or college level degree
- Have a detailed understanding of the Canadian Financial Institutions insurance market
- Demonstrate strong numerical and analytical ability
- Excellent IT skills including Microsoft Word and Excel
Markel competencies
Pursuit of excellence
- Consistently provides quality work products
- Adapts behaviour to reflect the style of others to foster effective working relationships
- Finds the most efficient and practical means of overcoming challenges
Customer focus
- Actively looks for solutions to customer problems
- Seeks to further knowledge of customer needs
- Builds relationships with customers and responds to needs by demonstrating tact, empathy and professionalism
Business results
- Seeks the best and most direct option to accomplish tasks
- Demonstrates effective organisation skills
- Applies logic and draws accurate conclusions from information
Collaboration
- Helps others succeed
- Approaches change in a positive manner
- Listens for and acts on key information
Strong foundations
- Holds self and others accountable to ethical standards
- Takes ownership and accountability for own development
- Shows accountability and resilience in achieving goals
How to Apply
Apply here: https://markelcorp.wd5.myworkdayjobs.com/en-US/GlobalCareers/job/Toronto-Ontario---CAN/FI-Underwriter_R0007694717 total views, 1 today
