Underwriting Specialist, Commercial Lines
Top Benefits
About the role
Company: Sovereign Insurance
Department: SOV - Commercial Underwriting
Employment Type: Regular Full-Time
Work Model: Hybrid (2 days/week in office)
Language: This role operates in English.
Additional Information: This/these role(s) is/are currently vacant.
The Opportunity:
As a wholly owned subsidiary of the Cooperators General Insurance, believes your experience matters. This is our promise to not only our clients but to our employees as well, because we know the strength of our company starts with our people. The smart, curious and collaborative people who bring their whole heart and passion to work each day. But you can’t pour from an empty cup; we take care of the well-being of our people so that they are inspired to protect Canadian businesses and the lives, families and communities we impact. Join us and begin shaping your experience at Sovereign.
As an Underwriting Specialist, Commercial Lines you will review and evaluate large and complex account applications to determine risk, extent of coverage, and premiums. You will accept or reject applications based on established policies, procedures and standards, company philosophies and authority levels.
How you will create impact :
- Promoting, underwriting and quoting new business, renewals and endorsements in accordance with the company’s underwriting philosophy, rating, loss ratio objectives, service standards and authority levels.
- Negotiating coverage and rates and participating in underwriting audits.
- Completing necessary documentation in support of the business you handle.
- Developing and maintaining positive constructive relationships with brokers.
- Developing a team-oriented approach to meeting corporate and department goals and objectives; including written premium and profitability objectives.
How you will succeed :
- You thrive on delivering our exceptional client experience through positive and engaging relationships; embracing accountability to achieve effective results.
- You ensure your day-to-day actions are in harmony with the company’s purpose, vision, and values even when challenged.
- You will support and guide others through changing conditions and encourage the exploration of new opportunities or innovations.
- You value and encourage others to have cooperative and collaborative dialogue because diverse perspectives offer more creative and productive solutions.
To join our team :
- You have 7-10 years of commercial underwriting experience with proven experience underwriting new business
- You have experience in mid market commercial underwriting ( such as construction and manufacturing risks)
- Having Chartered Insurance Professional (CIP) designation an asset.
- You have proven experience building lasting relationships with broker partners
What you need to know :
- You will be subject to a Background check as a condition of employment, in the event you are the successful candidate.
What’s in it for you?
- The opportunity to take on challenging work and contribute your expertise, creativity, and passion in meaningful ways.
- A comprehensive total rewards package, including competitive salary, bonus, paid time off, pension and benefits.
- A holistic approach to your well-being, with physical and mental health programs and flexible work options.
- The opportunity to work on an inclusive team who inspire each other to explore and achieve what’s possible.
About Sovereign Insurance
The Sovereign General Insurance Company (Sovereign Insurance) empowers Canadian businesses to succeed by developing and distributing risk solutions they trust and value. Sovereign is passionate about protecting Canadian businesses and the communities they serve and is driven by the belief that whether you’re a partner, client or employee, your experience matters. Sovereign operates in six offices across Canada and is proud to carry an AM Best A- (Excellent) rating.
To learn more, visit sovereigninsurance.ca.
Underwriting Specialist, Commercial Lines
Top Benefits
About the role
Company: Sovereign Insurance
Department: SOV - Commercial Underwriting
Employment Type: Regular Full-Time
Work Model: Hybrid (2 days/week in office)
Language: This role operates in English.
Additional Information: This/these role(s) is/are currently vacant.
The Opportunity:
As a wholly owned subsidiary of the Cooperators General Insurance, believes your experience matters. This is our promise to not only our clients but to our employees as well, because we know the strength of our company starts with our people. The smart, curious and collaborative people who bring their whole heart and passion to work each day. But you can’t pour from an empty cup; we take care of the well-being of our people so that they are inspired to protect Canadian businesses and the lives, families and communities we impact. Join us and begin shaping your experience at Sovereign.
As an Underwriting Specialist, Commercial Lines you will review and evaluate large and complex account applications to determine risk, extent of coverage, and premiums. You will accept or reject applications based on established policies, procedures and standards, company philosophies and authority levels.
How you will create impact :
- Promoting, underwriting and quoting new business, renewals and endorsements in accordance with the company’s underwriting philosophy, rating, loss ratio objectives, service standards and authority levels.
- Negotiating coverage and rates and participating in underwriting audits.
- Completing necessary documentation in support of the business you handle.
- Developing and maintaining positive constructive relationships with brokers.
- Developing a team-oriented approach to meeting corporate and department goals and objectives; including written premium and profitability objectives.
How you will succeed :
- You thrive on delivering our exceptional client experience through positive and engaging relationships; embracing accountability to achieve effective results.
- You ensure your day-to-day actions are in harmony with the company’s purpose, vision, and values even when challenged.
- You will support and guide others through changing conditions and encourage the exploration of new opportunities or innovations.
- You value and encourage others to have cooperative and collaborative dialogue because diverse perspectives offer more creative and productive solutions.
To join our team :
- You have 7-10 years of commercial underwriting experience with proven experience underwriting new business
- You have experience in mid market commercial underwriting ( such as construction and manufacturing risks)
- Having Chartered Insurance Professional (CIP) designation an asset.
- You have proven experience building lasting relationships with broker partners
What you need to know :
- You will be subject to a Background check as a condition of employment, in the event you are the successful candidate.
What’s in it for you?
- The opportunity to take on challenging work and contribute your expertise, creativity, and passion in meaningful ways.
- A comprehensive total rewards package, including competitive salary, bonus, paid time off, pension and benefits.
- A holistic approach to your well-being, with physical and mental health programs and flexible work options.
- The opportunity to work on an inclusive team who inspire each other to explore and achieve what’s possible.
About Sovereign Insurance
The Sovereign General Insurance Company (Sovereign Insurance) empowers Canadian businesses to succeed by developing and distributing risk solutions they trust and value. Sovereign is passionate about protecting Canadian businesses and the communities they serve and is driven by the belief that whether you’re a partner, client or employee, your experience matters. Sovereign operates in six offices across Canada and is proud to carry an AM Best A- (Excellent) rating.
To learn more, visit sovereigninsurance.ca.