Commercial Underwriter - Construction

Senior Underwriter, Construction

Company Overview:

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Our client offers a broad suite of commercial insurance products and solutions to mid-size and large Canadian companies with Canadian, North American and/or multinational risks. Our promise to you is a culture that is collaborative, rewarding and empowering. We are committed to attracting and retaining employees across all dimensions of diversity and believe that recognizing, appreciating, and applying the unique insights, perspectives and backgrounds of each person cultivates an atmosphere of trust and respect.

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We offer:

·       A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance

·       Competitive health & dental benefits plan

·       Market-leading pension plan

·       Competitive time off policy

·       External education & tuition reimbursement programs

·       Employee & Family Assistance Programs

·       An opportunity to get involved and become a member of one of our national employee committees – social responsibility, employee engagement, diversity, equity & inclusion

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The Opportunity:

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We’re looking for a Senior Underwriter or Underwriter to join our growing team! This role will be accountable for underwriting and profitably growing our construction business in the Canadian market. The successful incumbent will also play a role in coaching, mentoring, and training other members of the team to ensure their ongoing professional development. They will manage relationships with select broker partners and clients.

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Duties and Responsibilities:

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• Underwrite and negotiate policy terms and conditions on target new first-party Construction business, providing mentorship to other underwriters as needed.
• Expand and maintain broker/client relationships to facilitate profitable growth of Construction products through independent sales calls, attending client meetings and representing at industry events.
• Continuously develop and expand expertise in mainly first party product lines and claims trends, providing recommendations for improvement, as appropriate.
• Collaborate with other business units in the identification of cross-marketing opportunities.
• Develop our position as a “go to” insurer with target brokers through service excellence and superior underwriting acumen.
• Liaise with the Construction Practice Leader/Management to ensure consistency with underwriting protocols and product strategies.
• Demonstrate effective prioritization of workload.

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Skills & Qualifications:

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• Minimum 2 years related insurance industry experience.
• Experience in underwriting construction and/or energy property insurance required.
• University degree with a focus in business, engineering or applied science considered an asset.
• Self-starter with proven analytical skills and a proven track record in a solutions-oriented approach to underwriting that drives profitable growth.
• Experience working within a guideline framework, underwriting authorities and protocols.
• Demonstrated broker relationships with global, national and regional brokers.
• Able to successfully identify, facilitate and execute portfolio rollover opportunities, market or sector segmentation opportunities and target accounts.
• Comfortable with critical thinking and a growth mindset, with thoughtful consideration of diverse perspectives during decision-making and respectful of differences.
• Able to respectfully give and receive positive and constructive feedback.
• Effective at managing internal and external meetings with professionalism and clarity while driving mutual accountability for results.
• Effective at change management and adapting to new systems and processes.
• Helps drive innovation through a growth mindset, viewing roadblocks as opportunities for growth and supporting new idea testing, training, and ongoing monitoring of changes.
• Excellent communication, organizational and time management skills.

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