Senior Underwriter, Commercial Property & Casualty

LOVE WHAT YOU DO

Can a 150-year-old company think outside the box? Count on it. Deep experience is our springboard for innovation, whether that’s in how we work with our broker network, how we serve our customers, or how we support our employees.

Economical is part of Definity, a Canadian, multi-channel, property and casualty insurance company whose success is founded on our family of companies’ long history of delivering a superior experience for those who count on us. We’re proud to help our customers, broker partners, employees, and communities adapt and thrive in a world of constant change. Our success in transforming into a digital leader in our industry is driven by a talented and engaged team with a passion for innovation and high performance.

What can you expect in this role?

This role reports to the Manager, Commercial Underwriting and contributes to the Regional Underwriting Operations team by assessing, accepting, and declining new business submissions.

  • You’ll assess, accept, and decline new business submissions
  • You’ll re-underwrite and negotiate renewals, and policy endorsements
  • You’ll negotiate the terms and conditions of risk acceptance with brokers in writing, by telephone, electronic mail or in person
  • You’ll develop and maintain positive broker relations
  • You’ll participate in production calls on brokerage offices, as required
  • You’ll accompany brokers on field underwriting of accounts, as required
  • You’ll provide technical support to brokers

What do you bring to the role?

  • University degree in any discipline or a 2 year diploma from a publicly recognized and funded college or a completed CIP designation
  • Minimum of 6 years of experience in Commercial Lines underwriting
  • Experience underwriting complex property & liability accounts
  • Strong analytical skills; able to quickly interpret data, information, reports and come to a decision
  • Strong customer service, verbal and written communication skills
  • Strong computer literacy skills
  • Ability to influence and effectively negotiate with stakeholders
  • Excellent existing broker relationships and the proven ability to create and nurture new relationships

As part of the selection process, this role requires candidates to successfully clear a Criminal Background Check and a Credit Check. 

We also take potential into consideration. If you don’t have this exact experience, but you know you have what it takes, be sure to give us more insight through your application and cover letter.

Go ahead and expect a lot — you deserve it, and we’ve got it: 

  • Hybrid work schedule for most roles
  • Company share ownership program
  • Pension and savings programs, with company-matched RRSP contributions
  • Paid volunteer days and company matching on charitable donations
  • Educational resources, tuition assistance, and paid time off to study for exams
  • Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents
  • Wellness and recognition programs
  • Discounts on products and services

Background checks
This role requires successful clearance of a background check (including criminal checks and leadership references).

We also take potential into consideration. If you don’t have this exact experience, but you know you have what it takes, be sure to give us more insight through your application and cover letter.

Go ahead and expect a lot — you deserve it, and we’ve got it: 

  • Hybrid work schedule for most roles
  • Company share ownership program
  • Pension and savings programs, with company-matched RRSP contributions
  • Paid volunteer days and company matching on charitable donations
  • Educational resources, tuition assistance, and paid time off to study for exams
  • Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents
  • Wellness and recognition programs
  • Discounts on products and services

Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know by contacting: hrsharedservices@economical.com

Visit economical.com to learn more about us and what we’re up to.