Commercial Underwriter

Underwriting · Victoria, British Columbia
Department Underwriting
Employment Type Full-Time
Minimum Experience Experienced

About the Role


The Commercial Underwriter provides underwriting support and service to commercial producers, under the direction of the Commercial Underwriting Manager.


The Commercial Underwriter reports to the Commercial Underwriting Manager and has functional relationships with the commercial producers, processors and assistants within the company.


Position Duties


  • Execute individual pricing and risk selection decisions within the assigned underwriting authority and in accordance to company guidelines
  • Collect background information and assessments of risk
  • Analyze statistical data using specialist computer programs
  • Make sensible underwriting judgements and negotiations
  • Determine premiums and prepare competitive quotes
  • Prepare insurance policy terms and conditions to be approved by senior underwriters
  • Work effectively within a team to achieve efficient operations, business improvements, and profitable underwriting results
  • Keep detailed records of policies underwritten and decisions made
  • Review claims on file and underwrite files accordingly
  • Follow applicable insurance laws
  • Other duties essential to the position as directed.


KNOWLEDGE, SKILLS, AND ABILITIES


Knowledge

The incumbent must have proficient knowledge in the following areas:


  • CIP designation or working towards one is an asset
  • At least 5 years of proven underwriting knowledge
  • The Agency Manager (TAM)
  • Commercial Liability
  • Excellent knowledge of insurance policies
  • Microsoft Excel and Word
  • Commercial Property



Skills

The incumbent must demonstrate the following skills:


  • Analytical and problem-solving skills
  • Good judgement and decision making skills
  • Organizational and planning skills
  • Effective verbal, presentation, and listening communication skills.
  • Attention to detail
  • Effective written communication skills
  • Computer skills, including the ability to operate all software used at the firm
  • Time management skills
  • Strong working knowledge of Microsoft Excel



Abilities

The incumbent must demonstrate the following abilities:


  • Honesty and trustworthiness
  • Respectfulness
  • Ability to multi-task
  • Reliability
  • Ability to work collaboratively and / or independently
  • Cultural awareness and sensitivity
  • Flexibility



WORKING CONDITIONS


The incumbent will be based out of the Brentwood office but there is the potential for remote work for the right candidate. Being based in Greater Victoria or the lower mainland area is preferable. Hours of work will fall into the office’s opening hours (8:00 am to 5:30 pm), although there may be some allowance made to work outside of these hours, with permission from management.


Occasionally, an opportunity may arise to work overtime hours.  All overtime hours must be pre-approved by a supervisor or manager.  Unauthorized overtime is not permitted and will not be compensated.


Vacation time must be coordinated with the Commercial Underwriting Manager to ensure the department maintains coverage at all times. Salary is negotiable.


If you believe that you are the right fit, please apply with your most recent resume. 


We look forward to hearing from you.

Thank You

Your application was submitted successfully.

  • Location
    Victoria, British Columbia
  • Department
    Underwriting
  • Employment Type
    Full-Time
  • Minimum Experience
    Experienced