Underwriting Operations Lead
- Vancouver, BC, Canada
- Greater Vancouver, BC, Canada
$135,000 to $160,000 CAD / year · Full-time
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Job details
- Pay
- $135,000 to $160,000 CAD / year
- Job type
- Full-time
- Apply by
- Experience
- 10+ years experience underwriting commercial P&C insurance.
- Posting language
- English
- Posted
Original job description
POSITION OVERVIEW
The Underwriting Operations Lead is responsible for the operational leadership, scalability, and governance of the organization's in-house Property & Casualty underwriting platform. Working closely with BC Region Enterprise operations and alongside the other Underwriting leaders within property & casualty and business development, the role ensures underwriting operations deliver exceptional service, regulatory compliance, operational efficiency, and support profitable growth.
This is a hybrid role with the flexibility to work in-office or in-branch based on the needs of the role and/or as required by management. Preference will be given to candidates that can work hybrid in Burnaby (primary) or Vancouver. Occasional travel in BC may be required.
RESPONSIBILITIES:
Operations Management & Performance
- Lead underwriting operations strategy, execution, and continuous improvement initiatives.
- Oversee service delivery, workflow management, quality assurance, and operational performance across the underwriting function with specific responsibility for ongoing technical DUA management and support.
- Drive technology adoption, process automation, and data-driven decision-making to enhance productivity and client experience.
- Ensure compliance with DUA and regulatory requirements, DUA guidelines, and internal controls. Lead ongoing updates to control framework resulting from audit recommendations.
- Develop operational metrics, dashboards, and reporting to measure performance, efficiency, and service standards.
- Manage operational team, budgets, project resource planning, and earthquake aggregate capacity management to support business growth.
Leadership & Stakeholder Collaboration
- Build and lead high-performing teams, fostering a culture of accountability, collaboration, and continuous improvement.
- Partner with underwriting, business development, insurer partners, and corporate functions to align operational capabilities and operationally launch/deliver new products with strategic objectives.
Additional duties and responsibilities may be added during the course of employment.
Requirements:
- 10+ years experience underwriting commercial P&C insurance.
- Strong leadership skills with a successful track record in various lines of insurance.
- Demonstrated ability to analyze complex information and develop effective underwriting strategies.
- Skill in navigating a heavily regulated environment while ensuring compliance.
- High-level preparation and deep knowledge of current and future trends in property and casualty insurance.
- A proven track record of generating strong and sustainable business outcomes over the long term.
- Proven experience building and managing relationships with major brokers and distribution partners.
- Deep knowledge of P&C policy wordings and claims implications, particularly for complex property risks.
- Strong analytical and decision-making skills with a profitability mindset and disciplined risk selection approach.
- Demonstrated ability to influence stakeholders and collaborate across multidisciplinary teams with a focus on cross-selling and account rounding.
- Effective at change management and adapting to new systems and processes.
- Strong communication, negotiation, organizational, time management and presentation skills.
- Post-secondary and Insurance designations (CIP, FCIP) or equivalent are considered assets.
- Experience mentoring or leading others preferred.
Navacord is deeply committed to fostering a workplace that embraces diversity, equity, and inclusion. We honour and respect the unique backgrounds, experiences, and perspectives of all individuals. We actively encourage women, Indigenous peoples, members of visible minorities, people with disabilities, and LGBTQ2+ persons to apply.
If you require accommodations during the recruitment process or in the workplace due to a disability or other needs, please let us know. We will work with you to ensure the necessary arrangements are in place to support.
The salary range for this role is $135,000 to $160,000 per year plus bonus. Compensation is determined by a combination of factors including a candidate’s experience, job-specific knowledge, and skills. Internal equity to ensure fairness across the organization and region/location is also considered.
Qualified candidates are invited to email their resume and cover letter to: bc.careers@navacord.com
More about this job
Responsibilities
Lead the strategy, performance, governance, and continuous improvement of underwriting operations, including delegated underwriting authority management, compliance, quality assurance, technology adoption, reporting, budgets, and earthquake aggregate capacity. Build and develop high-performing teams and collaborate with underwriting, business development, insurer partners, and corporate functions to support product launches and profitable growth.
Requirements
Requires 10 or more years of commercial property and casualty underwriting experience, strong leadership, analytical and decision-making skills, and deep knowledge of policy wordings, complex property risks, claims implications, and regulatory compliance. Candidates should have a record of sustainable business results and strong broker relationships; post-secondary education and CIP or FCIP designations are assets, as is experience mentoring or leading others.
Skills
- Underwriting Operations
- Commercial Property And Casualty Insurance
- Operational Leadership
- Workflow Management
- Quality Assurance
- Regulatory Compliance
- Delegated Underwriting Authority Management
- Process Automation
- Data-Driven Decision-Making
- Performance Metrics And Reporting
- Budget Management
- Earthquake Aggregate Capacity Management
- Team Leadership And Mentoring
- Stakeholder Collaboration
- Broker And Distribution Partner Relations
- Risk Selection And Profitability
Visa sponsorship
Not detected in the job text
Categories
- Management & Leadership
- Finance & Accounting
- Customer Service & Support
Keywords
- Commercial Property And Casualty Insurance
- Underwriting Operations
- Delegated Underwriting Authority
- Regulatory Compliance
- Internal Controls
- Audit Recommendations
- Quality Assurance
- Workflow Management
- Process Automation
- Technology Adoption
- Operational Performance
- Data-Driven Decision-Making
- Operational Metrics
- Dashboards
- Budget Management
- Project Resource Planning
- Earthquake Aggregate Capacity
- Product Launches
- Policy Wordings
- Claims Implications
- Complex Property Risks
- Risk Selection
- Profitability
- Broker Relationships
- Distribution Partners
- Change Management
- CIP
- FCIP