Job description
INTROUCTION
Specialty Program Group Canada is a fast-paced Insurance Managing General Agency (MGA) that provides innovative underwriting solutions for our network of brokers across Canada. Our success has been based upon our leadership, integrity, innovation, and service. Our i3 brand is seeking a Junior Underwriter to join our growing team. This is a hybrid opportunity for candidates based out of Atlantic Canada.
At i3 Underwriting, we are leading supplier of property and casualty insurance in Canada, providing innovative underwriting solutions to licensed brokers across Canada. Our underwriting expertise and facilities let us write even the toughest risks or solve that small wrinkle in what might otherwise be a standard risk.
We are looking for a Jr. Underwriter, preferably based out of Atlantic Canada.
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 engages with broker 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 and 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, method, and technologies;
- Demonstrate effective communication and interpersonal skills, both written and verbal;
- Exhibit good decisional making and analytical skills;
- Document assigned files ensuring completeness, compliance, and quality to meet the documentation standards. Keep paper free environment by uploading the documents on our company software; and
- Complete loss reports and post-claim underwriting reviews.
You’re a good fit if you:
- Have at least 1 - 2 year of relevant experience in commercial underwriting or commercial brokering experience.
- Actively working towards an insurance designation (Level 2, CIP or CAIP preferred);
- Must hold a broker license (Level 1).
- Can type a minimum of 40 works per minute; and
- Technical competency with office equipment including printers, scanners. Intermediate level knowledge of Microsoft products, including Outlook, Word, and Excel. Have existing relationships within the industry you can leverage to attract business opportunities and grow your portfolio.
The expected salary range for this position is $50,000-$55,000k will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope, and level. Specialty Program Group Canada and affiliated brands is 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.
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 you’ve taken to get here, we value you at SPGC. 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 can’t wait to meet you!
Interested applicants are asked to send your cover letter and resume. You can also send your resume to [email protected]. Please note that only those chosen for an interview will be contacted.
Job Type: Full-time
Pay: $50,000.00-$55,000.00 per year
Benefits:
- Dental care
- Extended health care
- Paid time off
- RRSP match
- Vision care
Schedule:
Experience:
- underwriting: 1 year (preferred)
Job Type: Full-time
Pay: $50,000.00-$55,000.00 per year
Benefits:
- Dental care
- Extended health care
- Paid time off
- RRSP match
- Vision care
Schedule:
Work Location: Hybrid remote in Toronto, ON M5H 3Y2
