Underwriter
Underwriter
Posted on :
11-05-2025
Employer Active
1 Vacancy
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Share
Send me jobs like this
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Job Description
Billyard Insurance Group (BIG) is a leader in the insurance industry dedicated to building a culture that reflects our core values. At BIG we Think BIG by exceeding expectations and creating lasting value for our clients industry and communities. We Act with Integrity by upholding honesty transparency and respect in everything we do. Our clients are at the center of our decisions as we embrace a Client First Always mindset. We believe in the power of teamwork to Achieve More Together combining strengths to deliver meaningful solutions. Finally we Innovate with Purpose by leading the digital insurance revolution consistently driving quality enhancing client service and empowering brokers.
With over 80 locations across Canada and recognition as one of Canadas Top Growing Companies BIG is shaping the future of insurance. Join us as we continue to redefine the industry with innovation collaboration and excellence.
The Underwriter plays a crucial role in conducting thorough evaluations of new business submissions of personal lines insurance products. This position is responsible for uploading new business information to our market partners through their company portals and ensuring compliance with industry regulations and internal underwriting guidelines. The Underwriter will contribute to our organizational values by managing risks effectively while fostering a culture of innovation and accountability.
What does the Underwriter do
- Conduct comprehensive assessments of new insurance applications to determine risk levels and coverage suitability ensuring adherence to underwriting guidelines.
- Analyze and interpret data to evaluate risk exposure contributing to sound decisionmaking that supports the companys growth objectives.
- Ensure Brokers are strictly following BIG & Market underwriting guidelines and that the submissions are timely and accurate
- Prepare and issue policies accurately and in a timely manner reinforcing our commitment to customer satisfaction and operational efficiency.
- Upload new business information through various insurance company portals facilitating smooth transactions and maintaining strong relationships with market partners.
- Efficiently manage and follow up on abeyances and Service Improvement Opportunities (SIOs)
- Address Broker or Market escalations attempting to deescalate the situation & resolve the issue
- Maintain organized records of underwriting processes decisions and communications to support auditing and review activities.
- Liaise with branch offices to address underwriting queries and provide support ensuring alignment with organizational goals.
- Generate and present underwriting reports to management offering insights into risk management and business performance.
- Ensure all underwriting decisions are consistent with company policies and market appetite which helps maintain the integrity of the underwriting process.
- Work closely with branch teams to support clients in understanding their coverage options enhancing client experience and trust.
- Address and resolve underwritingrelated issues promptly showcasing our commitment to integrity and customer service.
- Actively seek and implement feedback from management and branch teams to improve underwriting processes and efficiency.
- Utilize Microsoft Office and proprietary underwriting platforms effectively to streamline operations and improve productivity.
- Monitor personal performance against established metrics to identify areas for improvement and support career growth.
- Stay updated with industry regulations and legal standards to ensure all underwriting activities meet compliance requirements thereby protecting the organization from potential liabilities.
- Engage in ongoing professional development and training to enhance underwriting skills and knowledge of market trends.
Does this sound like you
- Proficient understanding of underwriting principles and practices.
- Ability to evaluate and assess risk factors effectively.
- Familiarity with insurance regulations and compliance standards.
- Proficient use of Microsoft Word Excel and PowerPoint.
- Ability to maintain organized documentation and records.
- Willingness to learn and adapt to new technologies and tools.
- Awareness of industry regulations and compliance standards.
- Ability to analyze and interpret data to inform underwriting decisions.
- Familiarity with insurance policy terminology and documentation.
- Strong verbal and written communication skills to interact effectively with internal and external stakeholders.
- Ability to work collaboratively within the underwriting team and with branch offices.
- Strong commitment to delivering exceptional service to clients and colleagues.
- Proactive approach to identifying and resolving issues.
- Ability to adjust to changing priorities and work in a fastpaced environment.
- Strong ethical standards and accountability in all business dealings.
- Demonstrated ability to understand and support colleagues and clients in challenging situations.
- Openness to receiving and acting on constructive feedback.
Qualifications
- Completion of a high school diploma or equivalent.
- A minimum of 12 years of experience in insurance underwriting or a related field.
- Post secondary education in Insurance finance business administration or a related field is preferred.
- Appropriate licensing as an insurance broker by a relevant regulatory body an asset
- Chartered Insurance Professional (CIP) professional designation an asset
- Canadian Accredited Insurance Broker (CAIB) professional designation an asset
What We Offer
- Peoplefocused company culture
- Comprehensive benefits including medical vision dental and Employee Assistance Program (EAP)
- 3 weeks of paid vacation in the first year of employment; 4 weeks in year 2
- Birthday day off
- Hybrid work from home / inoffice environment
- Retirement savings programs with companymatched RRSP contributions
Our Commitment to Diversity Inclusion and Belonging:
Billyard Insurance Group is committed to building a transparent environment where everyone feels heard welcomed and included. We believe Diversity Inclusion and Belonging are fundamental in our vision to be the leading insurance platform in Canada. BIG is a proud equalopportunity workplace that is committed to equal employment opportunity regardless of race colour ancestry religion sex national origin sexual orientation age citizenship marital status disability or gender identity.
Our Commitment to Accessibility:
Billyard Insurance Group is committed to developing an inclusive barrierfree recruitment process and work environment. Should you require any accommodation please inform us and we will work with you to meet your accessibility needs. For any accessibilityrelated assistance requests for information in accessible alternative formats or to report any accessibility problems please contact us at or 905.346.2190 ext. 10211.
Employment Type
Full-Time
Key Skills
Report This Job
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.
