Commercial Lines Junior Underwriter – Small Business

Home » Careers » Commercial Lines Junior Underwriter SB

INTRODUCTION

Specialty Program Group Canada (SPGC) is a fast-paced insurance Managing General Underwriter (MGU) that provides innovative underwriting solutions for our network of brokers across Canada through our trade brands: Cansure, Beacon, i3 Underwriting, Totten Group, Anderson McTague & Associates, and Specialty Claims Canada. Our success as Canada’s largest MGU is based on our innovation, hospitality-level service, and living our values every day. We are a thriving, growing organization, providing stable and fulfilling careers for over 500 people across Canada.

We are leading supplier of property and casualty insurance in Canada, providing innovative underwriting solutions to licensed brokers across Canada. We offer a broad range of products servicing business in one of our core segments: Hospitality, Recreation & Resorts, Construction (COC), Contractors, Professional Insurance, Real Estate, Transportation and more. Our underwriting expertise and facilities let us write even the toughest risks or solve that small wrinkle in what might otherwise be a standard risk.

overview

We are seeking a Commercial Lines Junior Underwriter to join our Small Business team focused on delivering quick and consistent service with competitive terms to brokers across Canada. This is a hybrid position with the expectation of in office 3 days per week in our Toronto office.

As a Commercial Junior Underwriter, you will help drive the growth and profitability of Cansure. You will build broker relationships and leverage your expertise, creativity, and entrepreneurial spirit to build your book of business. Surrounded by a team of experienced practice leaders, managers, and executives, you’ll have access to a broad array of products, ample capacity, and the empowerment needed to enable your success.

In this role, you are responsible for analyzing the acceptability of business opportunities according to company guidelines—including reviewing and pricing new submissions, renewals, and endorsements. You will work collaboratively with your team leader and colleagues to deliver value-added expertise and exceptional service to our broker partners.

responsibilities

This position will:

  • Deliver quick and consistent service with competitive terms to brokers across Canada;
  • Perform risk analysis using internal and external data resources for the purpose of quoting, negotiating and authorizing the acceptance of risk of a low to moderate complexity;
  • Build and maintain positive working relationships with internal and external parties, including attending industry related seminars and networking events as necessary;
  • Negotiate coverage and price with brokers within established corporate guidelines and delegated authority parameters;
  • Communicate decisions and respond to requests in a prompt and professional manner;
  • Manage, strengthen and grow a book of profitable business;
  • Maintain compliance with established corporate guidelines and delegated authority parameters;
  • Keep accurate records of decisions made and maintain completeness of policy data; and
  • Complete loss reports and post-claim underwriting reviews.

qualifications

You’re a good fit if you have: 

  • At least a minimum of 1 year of commercial P&C underwriting experience;
  • An understanding of commercial underwriting theory and the ability to apply this knowledge in day-to-day practice;
  • A passion for delivering exceptional customer experiences and value in every interaction;
  • Effective communication and interpersonal skills, both written and verbal;
  • Good decisional making and analytical skills;
  • Strong organizational skills and a thorough approach to completing tasks;
  • A Chartered Insurance Professional designation (CIP) (or are actively pursuing);
  • Ability to obtain a RIBO level 1 or 2 license within 90 days of hire; and
  • Work out of our Toronto office minimum 3 days per week and 2 days at home.

benefits

By joining Specialty Program Group Canada, you’ll become part of a rapidly growing company focused on providing innovative insurance solutions to support independent brokers in Canada. As a member of our team, you’ll benefit from: 

  • Dental care 
  • Extended health care 
  • Paid time-off 
  • RRSP match 
  • Vision care 

salary range:

The expected salary range for this position is from $50,000 – $60,000 and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level.  Specialty Program Group Canada and affiliated brands are proud to offer comprehensive benefit and total compensation packages which include extended health and dental benefits, disability insurance, RRSP matching, paid time off benefits, and a variety of potential bonus opportunities. 

apply today:

Interested applicants are asked to send your cover letter and resume to careers@spgcanada.ca. Please note that only those chosen for an interview will be contacted.