Commercial Lines Underwriter

Founded as a farmers' mutual in 1936, the company is now one of the larger mutual insurers in Canada.

Overview

Joining the Small Commercial team in Hamilton. Remote within the region is possible after the first year. The Commercial Lines Underwriter reviews and prices commercial insurance submissions from independent agents and decides what to write, and on what terms.

Day to day

• Mentor underwriting assistants and trainees.
• Re-underwrite renewals for loss trends, exposure changes and rate adequacy.
• Track production, hit ratio and loss ratio for your book monthly.
• Refer accounts above your authority with a clear recommendation.
• Review submissions for risk quality, completeness and appetite fit.
• Visit agencies to build relationships and explain our appetite.
• Document underwriting decisions in the policy file.
• Quote, bind and issue policies within your letter of authority.

What you need

• 2+ years of commercial lines underwriting experience.
• Bachelor's degree in business, finance, risk management or a related field.
• Familiar with Guidewire, Duck Creek or a similar policy system.
• Working knowledge of commercial property, liability and auto coverage forms.
• Strong judgment on risk selection and pricing.
• Comfortable negotiating with agents.
• Able to travel up to 20% for agency visits.

Preferred qualifications

• Prior agency or brokerage experience.
• Construction or manufacturing account experience.
• Excel modeling for pricing.
• CPCU, AU or CIC designation.

Salary: $78,000 - $101,000/year

Benefits

• Health spending account.
• RRSP matching.
• Parental leave top-up.
• Wellness spending account.
• Paid vacation.
• Tuition reimbursement.
• Extended health and dental benefits.

Start dates are flexible, usually within a few weeks of an offer.

Start: Immediately.

Demo job created on 11jobs for testing and demonstrations. It is not an actual opening at Hamilton Insurance Agency.