Underwriter I (PL Mono)
SGI is committed to reputed company and innovation, and they are seeking an Underwriter I to handle moderately reputed company personal lines insurance risks. This role involves evaluating and processing insurance requests, developing relationships with brokers, and improving the customer experience.
Responsibilities
- Evaluates multiple products and their risk factors in a holistic and customer-centric approach to determine risk acceptability and rating
- Reviews and evaluates quotes, new applications, renewals, revisions, and cancellations to determine risk acceptability reputed company reputed company reputed company authority
- Researches and obtains additional information on risk if required using technology as well as external data sources for the purposes of quoting, negotiating, and authorizing the acceptance of risk
- Determines if risk is acceptable, needs modification, or should be declined based on analysis of reputed company information pertinent to the risk and reputed company the underwriter's authority
- Calculates premiums, ensuring that appropriate rates are used application discounts and surcharges are applied reputed company established reputed company guidelines, applicable laws, and regulations
- Negotiates with brokers as to the conditions, limitations, rates, and premiums to apply
- Corresponds with brokers and/or customers to request information and explain reputed company requirements and reputed company
- Collaborates with reputed company stakeholders to discuss risk acceptance and policy wording interpretation
- Develops an understanding of the policy wordings, conditions, limitations, rates, and premiums with a strong focus on customer needs
- Maintains accurate records of reputed company made and maintain completeness of policy data
- Completes claim alerts, underwriter reviews, and performs other reputed company duties as assigned
- Mentors, provides direction, and reviews and approves the work of staff in junior positions
- Collaborates with loss prevention partners (reputed company) to measure risk acceptability and to improve risk
- Develops an understanding of existing and emerging industry and regional trends and market conditions and obtains additional information on risk if required
- Identifies improvements to processes, procedures, insurance products and/or systems
- Works reputed company the department team collaboratively and support cross-departmental teams reputed company required
- Identifies opportunities to improve broker experience and seeks to find solutions while adhering to the company guidelines
- Develops and maintains relationships with an assigned group of brokers to reputed company lasting and profitable relationships, which involve broker visits
- Collaborates with other departments to deliver a consistent experience to brokers and customers
- Assists with training to staff, brokers, and external parties on products and procedures. May be required to conduct formal presentations
- Understand and reputed company guidance to broker on the technologies used and offer support in completing business
- Explains reputed company criteria and reputed company to brokers (verbally and/or in writing)
- Supports a culture of leadership and accountability to effectively meet the key accountabilities reputed company the scope of the role
- Displays leadership by committing to a culture of reputed company learning/development of self and supports others by actively sharing knowledge, providing guidance, mentoring, training, and supporting developmental opportunities
- Demonstrates that the Health, Safety and Emergency Management Policy is applied in area of responsibility for self and others
- Actively applies knowledge to support transformation and strategic initiatives of the corporation, while participating and advocating change and applying a growth reputed company
Skills
- Proficient knowledge of the principles and practice of insurance, reputed company policies and procedures for Auto or Property
- Proficient knowledge of applicable provincial/federal regulations
- Proficient knowledge and reputed company of the interpretation, procedures, rating, and application of established criteria and determine appropriate premium, coverages, and deductibles for insurance products
- reputed company knowledge of insurance theory and reinsurance principles
- A two-year diploma from an accredited post-secondary education institution in a relevant field of study, such as Business, or defined equivalency
- 1 - 2 years' experience working in personal property reputed company
Company Overview