Location
Saskatoon, SK | Canada
Job description
We are on the search to fill a permanent, full-time Underwriter I-III (Farm/Commercial) position. Reporting to the Supervisor, Underwriting (Farm/Commercial), the successful candidate will be responsible for reviewing, evaluating, rating, and processing new business, renewals, and revisions that are routine in nature for varied lines of insurance.
As an Underwriter, YOU Will Be Responsible For:
-Reviewing applications, renewals, and revisions to existing policies for insurance to determine the nature and degree of the risk. -Researches and obtains additional information on risk if required.
-Determining if risk is acceptable, is acceptable with restrictions, or should be declined based on analysis and evaluation of all information pertinent to the risk within the authority limit guidelines of this position. Risks to be declined must be referred to a more senior underwriter.
-Determining action required to improve risk and recommends restrictions to coverages or revisions to deductibles or premiums based on analysis of the risk.
-Determining appropriate rates, applying applicable discounts, and surcharges and calculating premiums.
-Processing new applications, renewals, revisions, cancellations, and quotes.
-Answering inquiries orally and/or in writing and acting as a technical resource to brokers, insureds, and other employees on policy exclusions, wording, coverages, and premiums.
-Performing other related duties as assigned.
What We Need From YOU!
-Completion of Grade 12 education.
-Completion of at least one Insurance Institute Course along with a positive commitment towards the completion of the CIP designation, demonstrated by completing two Institute courses per year.
-One year of related insurance experience.
-Knowledge of the rating of policies and related underwriting practices.
-Ability to communicate effectively, verbally and in writing.
-Ability to lead, motivate and train other employees.
Job tags
Salary
$47.93k - $73.01k per year
