Senior Underwriter, Special Lines

Company: CGIC
Department: Commercial and Farm
Employment Type: Temporary Full-Time (12 months)
Work Model: Hybrid (2 days in office)
Language: English is required, French is an asset.
Additional Information: This/these role(s) is/are currently vacant

The Opportunity:

We are a leading Canadian financial services co-operative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy. That’s why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose. The best part is that you will work with people that care passionately about you, our clients and our communities.

Our Farm & Commercial insurance team aspires to be the industry leader by meeting the evolving needs of Canadian businesses and farm operations. Our passionate team is committed to enhancing the client experience and delivering operational efficiencies by investing in leading edge technology and leveraging analytics to achieve strategic objectives.

As a Senior Underwriter, Special Lines you will support the organizations goals in achieving profitability, client engagement and co-op experience by providing professional underwriting expertise and support while managing complex risks for our clients and the organization. You will respond directly to inquiries from stakeholders and exercise sound underwriting judgment, and creativity in response to questions on policy interpretation, risk selection, rating, and exceptions. You will coach and mentor others on the team as well as stakeholders.

How you will create impact:

• Coaching, training and developing team members and providing timely feedback to achieve department objectives.
• Collaborating with advisors & front-line staff to identify attractive risk segments and developing go-to-market strategies.
• Working with cross-functional team daily to resolve outcome-oriented business problems while leveraging information, technical expertise, and inputs from access to the underwriting function.
• Assisting in the development of team members through coaching, mentoring, and guidance in risk assessment.
• Analyzing, evaluating, and negotiating terms and conditions for renewals, new business, and policy changes within their assigned authority.
• Amending policy coverages, premiums, or canceling policy based on applying underwriting decision-making following underwriting rules or guidelines or underwriting discretion.
• Calculating and negotiating Treaty/Facultative reinsurance as required.

To join our team:

• You have 5 years of experience in underwriting commercial or farm risks.
• You have completed a post-secondary degree in a related field.
• You are actively pursuing CIP designation.
• You have advanced knowledge of underwriting practices, insurance products, risk assessments, and competitor landscape.
• You have strong critical and logical thinking skills.
• You have the ability to work independently as well as in a team environment.

How you will succeed:

• You influence change and are committed to continuous improvement, in order to exceed client expectations.
• You leverage critical thinking skills to identify problems and proactively propose solutions.
• Your strong communication skills allow you to clearly convey messages.
• You’re an effective team player who shares knowledge to support our peers.

What you need to know:

• You will be subject to a Background check as a condition of employment, in the event you are the successful candidate.

What’s in it for you?

• Training and development opportunities to grow your career.
• Flexible work options to support personal and family needs.
• A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.
• Volunteer opportunities to give back to your community.

Salary information

Expected salary $60,574.00to$100,956.00CAD

Salary placement

The salary amount for the successful candidate is determined by Co-operators in its discretion and will vary depending on several criteria including but not limited to: local market conditions, geography and relevant job-related factors such as knowledge, skills, qualification, experience and education.

Employees may also have the opportunity to participate in incentive programs and earn additional compensation tied to individual and/or business performance, or other business metrics.