Executive Commercial Underwriter, EIL
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.
We are seeking an Executive Underwriter who specializes in Environmental Liability (EIL) to lead this growing department.
overview
As an Executive Commercial Underwriter for EIL, you are responsible for analyzing the acceptability of business opportunities according to company guidelines. This includes reviewing and pricing new submissions, renewal business, and endorsements.
In this role, 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. Supported by a team of experienced practice leaders, managers, and executives, we provide an extensive range of products, ample capacity, and empowerment to enable your success. In this role, you will work collaboratively with your colleagues to provide value-added expertise and exceptional service to our broker partners.
responsibilities
This position will:
- Perform risk analysis using internal and external data resources for the purpose of quoting, negotiating and authorizing the renewal of existing policies and acceptance of new opportunities for risks of a moderate to high complexity based on guidelines and retention goals of the company;
- Lead a team of underwriters, writing EIL-centric package policies, handling complex risk and escalations;
- 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;
- Pursue and achieve production targets;
- Travel occasionally to meet with brokers and others to promote our business and identify business opportunities;
- Make decisions based on imperfect information;
- Communicate decisions and respond in a prompt and professional manner;
- Build and maintain positive working relationships 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;
- Take accountability to meet deadlines and production targets, following company guidelines;
- 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;
- Take personal responsibility and action toward learning and implementing new ideas, methods, and technologies;
- Demonstrate effective communication and interpersonal skills, both written and verbal;
- Exhibit good decisional making and analytical skills;
- Mentor, train, and develop less experienced team members;
- Think strategically, formulate objectives and set priorities, and implement plans consistent with the long-term interests of the company;
- Document assigned files ensuring completeness, compliance, and quality to meet the documentation standards. Support a paperless environment by uploading the documents on our company software; and
- Complete loss reports and post-claim underwriting reviews.
qualifications
You’re a good fit if you have:
- Have at least 10 years experience in Commercial P&C Underwriting, with at least 5 years of Environmental Liability Underwriting;
- Hold a Chartered Insurance Professional (CIP) designation, CAIB designation, or equivalent;
- Hold a Level 2 Insurance General Agent License, or can qualify for a license within 90 days;
- Have existing relationships within the industry you can leverage to attract business opportunities and grow your portfolio;
- Have advanced knowledge in Environmental Liability and associated risks;
- Can lead a business development meeting with a broker to strengthen the existing relationship and prospect for new opportunities;
- Exhibit supervisory leadership traits to lead a team;
- Attend insurance industry events, such as broker conventions and networking events;
- Are technically proficient to successfully navigate our computer programs.
- Prior MGA experience preferred.
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 for this position starts at $100,000+ 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 benefits 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.