Underwriter I, Commercial Marine - Coast Underwriters Limited
Intact Financial Corporation is seeking an Underwriter I to join their Coast Underwriters team. This role involves analyzing insurance requests, managing policy transactions, and maintaining relationships with brokers to ensure sustainable growth in the commercial marine sector.
Responsibilities
- Analyze requests for quotes, renewals and policy changes, and recommend solutions
- Accept, reject, endorse, renew or cancel policies following Coast's underwriting guidelines and procedures, applicable laws and regulations and subject to authority level as specified by underwriting manager
- Support brokers regarding underwriting and rating policies
- Focus on sustainable profitable growth
- Use effective communication and negotiating skills to maintain healthy relationships within and outside the company
- Participate in broker visits, industry functions and marketing events
- Respond to broker requests and concerns in a timely manner
- Rate and prepare quotes for new business and renewals
- Handle policy transactions including renewals, endorsements and cancellations
- Support team members within Coast Underwriters Limited as well as other divisions at Intact
- Maintain great relationships with brokers and travel for meetings as required
Skills
- Minimum 1 year of Commercial Lines underwriting experience
- Strong customer service and time management skills
- Strong knowledge in Microsoft Office products
- Inquisitive, analytical and self-motivated individual with strong critical thinking skills
- Demonstrate initiative and ability to work under pressure and flexibility to change
- Team player possessing outstanding collaboration and communication skills
- Ability to develop and maintain excellent relationships with brokers
- Ability to make decisions in time sensitive situations, provide recommended course of action and take calculated risks
- Interested in and stay up to date on business trends or other developments impacting our industry
- No Canadian work experience required however must be eligible to work in Canada
- Candidates with prior marine insurance industry experience will be prioritized
- CIP designation or working towards it
Benefits
- Flexible work arrangements and a hybrid work model
- Possibility to purchase up to 5 extra days off per year
- Multiple benefits offered to support physical and mental wellbeing, including telemedicine, Wellness account and much more
- Share plan & other savings: up to 12% of salary or even more (ask how you could earn guaranteed income for life)
- Annual bonus target, based on the base salary, with a potential payout of up to double the target (subject to personal and company performance)
- Employee Share Purchase Plan (ESPP) – with Intact matching 50% of your net shares
- Pension offerings provide flexibility and long-term security for our employees beyond their careers
- Opportunity to receive guaranteed income for life via our defined benefit pension plan
Company Overview