Sr Specialist, Technical - Corporate Underwriting, Commercial Insurance
Location
India | India
Job description
Economical is part of Definity, which includes some of Canada's most long-standing and innovative insurance brands, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. With strong roots that date back to 1871, Definity has grown to become a digital leader in the insurance industry. We're proud to help our clients and communities adapt and thrive in a world of constant change.
Our promise to you: It's better here. Why Because we CARE, and we provide an employee experience that's collaborative, ambitious, rewarding, and empowering.
Our ambition is to be one of Canada's leading and most innovative P&C insurers. Come be a part of our journey, and love what you do.
Definity offers a flexible, hybrid work experience where employees work from the office and virtually depending on the type of work they are doing and who they are working with. Leaders partner with their teams to find the right balance of on-site and remote work that best meets the needs of their teams, colleagues, brokers and customers, while ensuring collaboration, teamwork and accountability for goals.
Your Responsibilities - Underwriting Quality and Risk Appetite: Acts as the key contact for P&C Corporate Underwriting for other departments and provide direction and support to the regions and/or divisions on underwriting matters. Engage in underwriting decision-making when risks fall outside the scope of regional authority. Elevate underwriting matters to the Director, Corporate Underwriting, as necessary.
- Product Development: Working closely with other Head Office Departments (Pricing, ERM, Corporate Communications, Claims, IT) in the development and introduction of new or amended products. Guide the development and implementation of procedures coincidental with such changes.
- Underwriting Guidelines: Identify and implement necessary changes to underwriting and pricing guidelines to support corporate objectives, underwriting philosophy and changes in the marketplace. Ensure that changes maintain the integrity of our pricing, policy and practices.
- Acts as the key contact for Corporate Underwriting for other departments and provide direction and support to the regions and/or divisions on compliance and regulatory matters. Engage in underwriting decision-making when risks fall outside the scope of regional authority. Elevate quality and compliance matters to the Director, Corporate Underwriting, as necessary.
- Placement of excess facultative reinsurance for Property and Casualty risks (as referred by Regional Underwriting). Underwrite risk in accordance with reinsurance guidelines and authority
- Portfolio analysis to understand trends, profitability and market competitors
Your Skills And Experience - The incumbent is expected to bring both strong technical Property/Casualty underwriting skills and management skills to this position. University degree or college diploma in a relevant discipline
- Strong organizational skills; Excellent problem-solving skills; able to gather information, analyze critically and cut through complexity to arrive at workable solutions and the ability to influence and effectively negotiate with internal and external stakeholders.
- Helps build and maintain a culture of high performance and sustained profitable growth by promoting and supporting an environment that encourages productivity, collaboration, teamwork, and a high level of professionalism.
- Strong customer service, verbal and written communication skills; excellent computer literacy and analytic skills
Salary Range is $74,100 - $136,500
Actual salary for the role may vary depending on work location of the successful candidate and other factors including but not limited to, skills, education, experience, working conditions and the local labour market. In addition to base pay, eligible employees may participate various incentive plans which are paid out at the discretion of the company and subject to individual and company performance.
We also take potential into consideration. If you don't have this exact experience, but you know you have what it takes, be sure to give us more insight through your application and cover letter.
Go ahead and expect a lot — you deserve it, and we've got it: - Hybrid work schedule for most roles
- Company share ownership program
- Pension and savings programs, with company-matched RRSP contributions
- Paid volunteer days and company matching on charitable donations
- Educational resources, tuition assistance, and paid time off to study for exams
- Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents
- Wellness and recognition programs
- Discounts on products and services
Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know by contacting: [email protected]
Background checks This role requires successful clearance of a background check (including criminal checks and leadership references).
Job tags
Salary