Associate Underwriter (CL)
Job Summary
Job Description
Introduction
We are HUB Internationals MGA and Delegated Underwriting Authority Enterprise (DUAE) division insurance entrepreneurs united by a bold vision: to aggregate strengths and deliver unmatched value as Canadas largest DUAE.
We exist to satisfy insurance needs in our target markets faster better and even where others cant. We do this by consolidating the best underwriting talent and specialty expertise within one coast-to-coast division delivering speed service and solutions at a national scale.
But what truly sets us apart is our people. Here you will be part of a collaborative growing team that values innovation professional development and shared success. Our culture is built on entrepreneurial thinking open communication and a strong sense of purpose. We believe in empowering our employees to take ownership contribute ideas and grow their careers within a supportive and dynamic environment.
Together we are building more than a market leader we are building a place where talented professionals can thrive.
Job Overview
We are seeking an experiencedJunior Underwriter to join our team. This individual will play a key role in driving the companys growth and profitability. This position requires assessing the acceptability of business opportunities in line with company guidelines including reviewing and pricing new submissions renewal business and endorsements. The successful candidates will leverage their expertise creativity and entrepreneurial mindset to develop strong broker relationships and grow their book of business.
Our Senior Underwriters work closely with experienced practice leaders managers and executives supported by an extensive product range ample capacity and the empowerment needed to collaboration with colleagues and management they deliver 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 of a low to moderate complexity based on guidelines and retention goals of the company
- Handle endorsement requests within delegated authority. Independently engaging with brokers 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 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 methods and technologies
- Demonstrate effective communication and interpersonal skills both written and verbal
- Exhibit good decision-making and analytical skills
- Document assigned files ensuring completeness compliance and quality to meet the documentation standards. Keep paperless environment by uploading the documents into our company software
- Complete loss reports and post-claim underwriting reviews
Qualifications
Youre a good fit if you have:
- 1 - 2 years of relevant experience in commerciallines underwriting or brokering
- A Chartered Insurance Professional (CIP) and/or Canadian Accredited Insurance Broker (CAIB) designation(s) or actively pursuing
- A valid Broker license or ability to qualify for one within 90 days of employment
- Proficiency in Microsoft Office
- Familiarity with legal structures in Canada
Benefits
By joining HUB International youll 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 youllbenefit from:
- Dental care
- Extended health care
- Paid time-off
- RRSP match
- Vision care
Salary Range
The expected salary range for this position is from$50000 $60000and will be impacted by factors such as the successful candidates skills experience and working location as well as the specific positions business line scope and level. HUB International 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.
INTERESTED APPLY TODAY!
If you are looking to join a company where you can proudly bring your authentic self to work we invite you to apply today. Our commitment to diversity equity and inclusion means that whoever you are and whatever path youve taken to get here we value you at HUB International. We know that diversity of perspectives backgrounds interests and skills are essential to build a great community that serves ALL people. If you can help drive success and have fun while doing it we cant wait to meet you!
Department UnderwritingRequired Experience: 5-7 years of relevant experienceRequired Travel: Up to 25%We endeavor to make this website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process please contact the recruiting team. This contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.
Required Experience:
IC
About Company
HUB International is a leading North American insurance brokerage that provides employee benefits, business, and personal insurance products and services.