Int Underwriter, Regional Underwriting
- Montreal, QC, Canada
Salary Range: $51,300 - $94,400 · Full-time
Applications open in a new tab.
Job details
- Pay
- Salary Range: $51,300 - $94,400
- Job type
- Full-time
- Apply by
- Experience
- Minimum of 1-3 years of experience in Commercial Lines underwriting
- Posting language
- English
- Posted
Original job description
The Opportunity
This role is responsible for managing a portfolio of commercial insurance business by assessing new submissions, underwriting renewals, and negotiating policy terms and conditions with brokers. The successful candidate will make risk-based underwriting decisions, provide technical expertise, and build strong relationships with broker partners to support profitable growth.
Key responsibilities include reviewing and evaluating commercial risks, negotiating coverage and pricing, maintaining strong broker relationships, participating in broker visits and production discussions, and providing ongoing underwriting support and guidance.
What To Expect
- You’ll assess, accept, and decline new business submissions
- You’ll re-underwrite and negotiate renewals, and policy endorsements
- You’ll negotiate the terms and conditions of risk acceptance with brokers in writing, by telephone, electronic mail or in person
- You’ll develop and maintain positive broker relations
- You’ll participate in production calls on brokerage offices, as required
- You’ll provide technical support to brokers
- University degree in any discipline or a 2 year diploma from a publicly recognized and funded college or a completed CIP designation
- Profession communication in both English and French, oral and written is a must
- High degree of proficiency with English required to service customers, both internal to the company and external, across Canada
- Minimum of 1-3 years of experience in Commercial Lines underwriting
- Strong analytical skills; able to quickly interpret data, information, reports - Strong customer service, verbal and written communication skills
- Strong computer literacy skills - Strong ability to influence and effectively negotiate with stakeholders
- You’re professional, friendly and courteous in all interactions, with both customers and co-workers
- You perform well in a busy environment and remains calm under pressure
- You’re a team player that is adaptable to a changing environment
- You have strong written and verbal communication skills in French and good English skills
- You have strong problem solving abilities - You have well developed analytical skills
- You can weigh many complex factors to ultimately make sound decisions, and explain your rationale
- Your work ethic drives you to take on challenges and see them through to completion
- You collaborate well will others, sharing your ideas, and listening to and integrating those of others
High degree of proficiency with English and French required to service customers, both internal to the company and external, across Canada.
About Us
Actual salary for the role may vary depending on work location of the successful candidate and other factors including but not limited to, skills, education, experience, working conditions and the local labour market.
This position is being posted to fill an existing vacancy.
Interested in this role, but don’t meet every requirement? We encourage you to apply! We know from experience that a candidate doesn’t need 100% of the qualifications listed to bring incredible value to our team. We’re actively seeking diverse backgrounds and perspectives to help us make insurance better. At Definity, inclusion, diversity, and equity aren’t just “nice to have” - they’re essential to our success.
What’s in it for you?
- Hybrid work schedule for most roles
- Company share ownership program
- Incentive Program - Eligible employees may participate in various incentive plans which are paid out at the discretion of the company and subject to individual and company performance.
- Pension and savings programs, with company-matched RRSP contributions
- Paid volunteer days and company matching on charitable donations
- Educational resources, tuition assistance, and paid time off to study for exams
- Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents
- Wellness and recognition programs
- Discounts on products and services
It’s better here - but don’t take our word for it. Definity was named by Great Place to Work® as one of the Best Workplaces™ in Canada for women, for youth, and for inclusion.
Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know by contacting accessibility@economical.com.
As part of Definity’s commitment to reconciliation, we acknowledge that our work, meetings, and travel take place on the lands now known as Canada, and recognize the enduring presence, wisdom, and stewardship of the First Nations, Métis, and Inuit peoples who have long cared for these lands.
Background checks
This role requires successful clearance of background checks (including criminal checks and leadership references).
About The Team
Economical is part of Definity, which includes some of Canada’s most long-standing and innovative insurance brands, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. Our ambition is to be one of Canada’s leading and most innovative property and casualty insurers. We can’t do that without our people, so we embrace and encourage a culture that’s collaborative, ambitious, rewarding, and empowering.
We offer a flexible, hybrid work experience where employees work from the office and virtually depending on the type of work they are doing and who they are working with. Bring your true self and be a part of our journey. It’s better here.
More about this job
Responsibilities
Assess and underwrite new commercial insurance submissions, renewals, and policy endorsements, making risk-based decisions and negotiating coverage, pricing, and terms with brokers. Maintain broker relationships, participate in production discussions and visits, and provide technical underwriting support and guidance.
Requirements
Requires a university degree in any discipline, a two-year diploma from a publicly recognized and funded college, or a completed CIP designation, along with 1–3 years of Commercial Lines underwriting experience. Professional written and spoken English and French are required, as are strong analytical, communication, negotiation, customer service, and computer skills.
Skills
- Commercial Lines Underwriting
- Risk Assessment
- Underwriting Decisions
- Renewal Underwriting
- Policy Negotiation
- Commercial Insurance
- Analytical Skills
- Negotiation
- Customer Service
- Written Communication
- Verbal Communication
- French Language
- English Language
- Problem Solving
- Computer Literacy
Benefits
- Hybrid Work Schedule
- Company Share Ownership Program
- Incentive Program
- Pension and Savings Programs
- Company-Matched RRSP Contributions
- Paid Volunteer Days
- Charitable Donation Matching
- Educational Resources
- Tuition Assistance
- Paid Exam Study Time
- Wellness Programs
- Recognition Programs
- Product and Service Discounts
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Sales
- Customer Service & Support
Keywords
- Commercial Insurance
- Commercial Lines Underwriting
- Risk Assessment
- Risk-Based Decisions
- New Business Submissions
- Renewal Underwriting
- Policy Endorsements
- Coverage Negotiation
- Pricing
- Terms and Conditions
- Broker Relationships
- Broker Visits
- Production Discussions
- Technical Underwriting Support
- Portfolio Management
- English
- French
- CIP Designation
- Analytical Skills
- Customer Service
- Written Communication
- Verbal Communication
- Computer Literacy
- Stakeholder Influence
- Problem Solving