Sr Underwriter, Regional Auto at Definity, Montreal

AI Summary

This Senior Underwriter, Regional Auto role at Definity in Montreal, Quebec involves assessing and negotiating new business submissions and renewals. Key duties include providing technical support to brokers and contributing to profitable business growth for the company. Candidates are required to have a university degree or CIP designation, along with 2-3 years of Commercial Automobile Fleet & Garage underwriting experience and strong communication skills.

About the Opportunity

As a Senior Underwriter, Regional Auto at Definity, you will play a critical role in evaluating and managing commercial automobile insurance portfolios. Your primary responsibilities will include assessing, accepting, and declining moderate to complex new business submissions within your assigned underwriting authority, ensuring careful consideration of all associated risk factors. This position requires a strong ability to re-underwrite and negotiate renewals and policy endorsements, collaborating closely with brokers to establish favourable terms and conditions. You will frequently interact with brokers, both in writing and through various communication channels, to manage expectations and secure profitable business. A key aspect of this role involves ordering necessary inspections, financial reports, and other critical underwriting information to inform your analysis of potential risk hazards and decision-making processes. Furthermore, you will actively participate in production calls on brokerage offices as required, contributing to the profitable growth of the business by identifying underlying factors that influence profitability. Demonstrating strong market knowledge and visibility within the industry, you will partner with brokers to cultivate a thriving portfolio of insurance business, making informed underwriting and pricing decisions on individual risks within the broader context of a broker's overall business. You will be accountable for the precise selection and proper rating of mid-market property insurance transaction types. This role offers the opportunity to mentor less experienced team members, providing essential technical support and contributing to the collective knowledge and capabilities of the underwriting department.

What You Bring to Definity

To succeed in this Senior Underwriter position, a university degree or a college diploma, or the Chartered Insurance Professional (CIP) designation, is required. Candidates must possess a minimum of two to three years of Commercial Automobile Fleet & Garage underwriting experience, demonstrating a proven track record in the field. A high degree of proficiency with English is required to effectively service customers, both internal to Definity and external across Canada, ensuring clear and precise communication in all interactions. You should be proficient in Microsoft Word and Excel, utilizing these tools for analysis and documentation. We are seeking an individual who is professional, friendly, and courteous in all interactions, maintaining composure and performing well in a busy environment while remaining calm under pressure. This role demands a team player who is adaptable to a changing environment and possesses strong written and verbal communication skills. Furthermore, strong problem-solving abilities and a strong sales orientation are essential for negotiating with brokers and contributing to business growth. Proven ability to develop and maintain positive broker relations is also a critical requirement, as building and nurturing these partnerships is central to the role's success.

Life at Definity

Definity stands as the parent company to some of Canada’s most long-standing and innovative insurance brands, including Economical Insurance and Sonnet Insurance, aiming to be one of Canada's leading property and casualty insurers. Our success is intrinsically linked to our people, and we foster a collaborative, ambitious, rewarding, and empowering culture. We embrace a flexible, hybrid work experience, allowing employees to balance office and virtual work based on their tasks and team needs. This inclusive environment welcomes diversity and supports accessibility, ensuring all team members can bring their true selves to work. Definity is committed to making insurance better through diverse backgrounds and perspectives. We have been recognized by Great Place to Work® as one of the Best Workplaces™ in Canada for women, youth, and inclusion. Joining Definity means being part of a journey where your experience and contributions are valued, helping us to achieve our ambition in the competitive Canadian insurance market. We believe it's better here, offering an environment where strong professionals can thrive and make a tangible impact on the business.