Commercial Lines Junior Underwriter
Introduction
Specialty Program Group Canada (SPGC) is a fast-paced insurance Managing General Agency (MGA) 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 MGA 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 300 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.
Job Overview
We are seeking a Commercial Lines Junior Underwriter to join our Hospitality team. This is a hybrid position with the expectation of in office 3 days per week and 2 days at home in either our Vancouver, BC or Toronto, ON offices.
As a Commercial Junior Underwriter, you will help drive the growth and profitability of SPGC. 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
In this position you will:
- Perform risk analysis using internal and external data resources for the purpose of quoting, negotiating and authorizing the renewal of existing policies of a low to moderate complexity based on guidelines and retention goals of the company;
- Handle endorsement requests within delegated authority. Independently engages with broker to clarify intent of the request or seek missing information;
- Develop and support professional business partnerships with brokers by providing prompt service, responding to inquiries, acting pro-actively and taking ownership of issues and resolving them with a solution-oriented approach;
- Communicate decisions and respond to requests in a prompt and professional manner;
- Build and maintain positive working relationship with internal and external parties, including attending industry related seminars and networking events as necessary;
- Negotiate coverage with brokers within and delegated authority parameters;
- Manage, strengthen, and grow a book of profitable business;
- Maintain compliance with established corporate guidelines and delegated authority parameters;
- Work independently to meet deadlines following company guidelines to accomplish goals;
- Take ownership of work-related activities and follow through on your commitments;
- Deal effectively with pressure, maintain a positive outlook and recover quickly from setbacks;
- Prioritize and complete tasks to deliver desired outcomes within allocated time frames;
- Take personal responsibility and action toward learning and implementing new ideas, method, and technologies;
- Demonstrate effective communication and interpersonal skills, both written and verbal;
- Exhibit good decisional making and analytical skills;
- Document assigned files ensuring completeness, compliance, and quality to meet the documentation standards. Keep paper free environment by uploading the documents on our company software; and
- Complete loss reports and post-claim underwriting reviews.
QUALIFICATIONS AND CHARACTERISTICS
You’re a good fit if you have:
- Have at least 1 year of commercial P&C underwriting or brokering experience, preferably with some Hospitality risk experience;
- Hold a Chartered Insurance Professional (CIP) designation (or are actively pursuing);
- Hold a Insurance Agent Level 1 or 2 license, or can qualify for a license within 90 days;
- Can type a minimum of 40 words per minute;
- Are proficient to an intermediate level on Microsoft Outlook and Word;
- Are familiar with the basic legal structures in Canada; and
- Can work in our Vancouver or Toronto offices at least three days a week.
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 NOW
Interested applicants are asked to send your cover letter and resume to careers@spgcanada. Please note that only those chosen for an interview will be contacted.