Insurance Underwriter

Job Description

We are seeking a meticulous Insurance Underwriter to assess risks and determine insurance terms. The successful candidate will analyze policy applications and offer several forms of coverage to clients, ensuring compliance with underwriter guidelines while minimizing risk.

Responsibilities

• Conduct risk assessments based on customer data and applications.
• Develop strategies to minimize risk exposure in underwriting.
• Consult with actuaries to derive risk-adjusted pricing.
• Assist with the training of junior underwriters and interns.

Requirements

Education

• Postgraduate qualifications in Risk Management or Insurance is a plus

Experience

• Experience with underwriting for personal or commercial lines is preferred.

Technical Skills

• Regulatory Knowledge
• Data Analysis Tools

Soft Skills

• Time Management
• Teamwork

Certifications

• Insurance Institute of Canada (IIC) Certificate

Languages

• English: Fluent

Advantageous

• Bilingual Skills: Ability to communicate in multiple languages can be beneficial.
• Experience with Actuarial Analysis: Background in actuarial analysis can provide a solid foundation for risk assessment.

Benefits

• Comprehensive health, dental, and vision insurance
• Annual performance bonuses
• Employee assistance programs
• Opportunities for career advancement

Company Culture

• Innovation Focus: We encourage creativity and innovation in problem-solving and decision-making.
• Work-Life Balance: We value work-life balance and offer flexible work arrangements to support our employees.
• Respect and Integrity: Our commitment to ethical practices governs our work and relationships with clients and each other.