Manager, Commercial Underwriting (Property and Casualty)
Top Benefits
About the role
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. Our ambition is to be one of Canada’s leading and most innovative property and casualty insurers. We can’t do that without our people, so we embrace and encourage a culture that’s collaborative, ambitious, rewarding, and empowering.
We offer 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. Bring your true self and be a part of our journey. It’s better here.
What can you expect in this role?
- Drive the profitable growth of Definity's commercial auto and property insurance business in the region.
- Lead a team of underwriters in selecting mid to large market auto and property risks that generate an underwriting profit.
- Maintain a profitable mid-market commercial insurance portfolio.
- Achieving profitable growth targets within the West Region.
- You’ll support the Regional Director in effectively communicating and successfully implementing Commercial Insurance strategy for mid-market and large market underwriting.
- You’ll develop, coach/mentor and manage the performance of Direct Reports, including identification of areas where performance improvement plans are needed to ensure achievement of business, functional and individual productivity levels, profitability targets, service level agreements, and KPIs.
- Ensure adherence to corporate underwriting and quality control initiatives to ensure the achievement of Return-on-Equity targets.
- You’ll help build 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.
- You’ll ensure that your team is compliant with federal and provincial regulations as related to Auto and Property Insurance.
- You’ll collaborate with the Vice President, and the Business Development team to define and execute a regional broker relationship management strategy to drive profitable and sustainable growth of the commercial insurance portfolio within the Region.
- You’ll support direct reports in building and managing relationships with assigned brokers and the broader broker network within the region.
What do you bring to the role?
- University degree or a college diploma or the CIP designation is required
- Minimum of 5 years Commercial Property & Casualty underwriting experience
- Minimum of 2-3 years leadership experience (formal or informal) would be an asset
- Proven ability to develop and maintain positive broker relations
- Exceptional customer service, verbal and written communication skills
- Strong management and leadership skills with the ability to build and maintain effective relationships with business partners and Brokers
- Leadership experience in guiding a team through sustained organizational change
- Strong ability to influence and effectively negotiate with stakeholders
Salary range: $87,400 - $161,000
Interested in this role, but don't meet every requirement? We encourage you to apply! We know from experience that a candidate doesn't need 100% of the qualifications listed to bring incredible value to our team. We're actively seeking diverse backgrounds and perspectives to help us make insurance better. At Definity, inclusion, diversity, and equity aren't just "nice to have" — they're essential to our success.
What's in it for you?
- 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
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 in various incentive plans which are paid out at the discretion of the company and subject to individual and company performance.
Go ahead and expect a lot — you deserve it. It's better here — but don't take our word for it. Definity was named by Great Place to Work® as one of the Best Workplaces™ in Canada for women, for youth, and for inclusion.
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 background checks (including criminal checks and leadership references).
About Economical Insurance
Economical Insurance is part of Definity.
We make one simple promise to our customers: We'll be there when you need us most. When the unexpected happens, you can count on Economical to take care of the details so you can get on with your life.
Customers are at the heart of everything we do, and our strong and diverse teams rally together to deliver reliable solutions for homes, vehicles, farms, and other complex commercial operations. With brands like Sonnet™ offering a radically simple, digital insurance experience and Petline™ making sure everyone in the household’s looked after, our family of companies helps a million-plus Canadians when they need us most.
A long history of innovation inspires us as we continue on our journey toward becoming a publicly-traded company — we’ve come a long way since we started in 1871! We are truly making history as we speak, being the first national Property and Casualty (P&C) insurer to pursue demutualization.
We are a proud Employer Partner of the Canadian Centre for Diversity and Inclusion (CCDI), focused on making our workplace inclusive and free of prejudice and discrimination.
Economical Insurance includes the following companies: Economical Mutual Insurance Company, Family Insurance Solutions Inc., Sonnet Insurance Company, Petline Insurance Company. ©2019 Economical Insurance. Economical and Economical Insurance are registered trademarks of Economical Mutual Insurance Company. All Economical intellectual property belongs to Economical Mutual Insurance Company. All other intellectual property is the property of their respective owners.
Manager, Commercial Underwriting (Property and Casualty)
Top Benefits
About the role
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. Our ambition is to be one of Canada’s leading and most innovative property and casualty insurers. We can’t do that without our people, so we embrace and encourage a culture that’s collaborative, ambitious, rewarding, and empowering.
We offer 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. Bring your true self and be a part of our journey. It’s better here.
What can you expect in this role?
- Drive the profitable growth of Definity's commercial auto and property insurance business in the region.
- Lead a team of underwriters in selecting mid to large market auto and property risks that generate an underwriting profit.
- Maintain a profitable mid-market commercial insurance portfolio.
- Achieving profitable growth targets within the West Region.
- You’ll support the Regional Director in effectively communicating and successfully implementing Commercial Insurance strategy for mid-market and large market underwriting.
- You’ll develop, coach/mentor and manage the performance of Direct Reports, including identification of areas where performance improvement plans are needed to ensure achievement of business, functional and individual productivity levels, profitability targets, service level agreements, and KPIs.
- Ensure adherence to corporate underwriting and quality control initiatives to ensure the achievement of Return-on-Equity targets.
- You’ll help build 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.
- You’ll ensure that your team is compliant with federal and provincial regulations as related to Auto and Property Insurance.
- You’ll collaborate with the Vice President, and the Business Development team to define and execute a regional broker relationship management strategy to drive profitable and sustainable growth of the commercial insurance portfolio within the Region.
- You’ll support direct reports in building and managing relationships with assigned brokers and the broader broker network within the region.
What do you bring to the role?
- University degree or a college diploma or the CIP designation is required
- Minimum of 5 years Commercial Property & Casualty underwriting experience
- Minimum of 2-3 years leadership experience (formal or informal) would be an asset
- Proven ability to develop and maintain positive broker relations
- Exceptional customer service, verbal and written communication skills
- Strong management and leadership skills with the ability to build and maintain effective relationships with business partners and Brokers
- Leadership experience in guiding a team through sustained organizational change
- Strong ability to influence and effectively negotiate with stakeholders
Salary range: $87,400 - $161,000
Interested in this role, but don't meet every requirement? We encourage you to apply! We know from experience that a candidate doesn't need 100% of the qualifications listed to bring incredible value to our team. We're actively seeking diverse backgrounds and perspectives to help us make insurance better. At Definity, inclusion, diversity, and equity aren't just "nice to have" — they're essential to our success.
What's in it for you?
- 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
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 in various incentive plans which are paid out at the discretion of the company and subject to individual and company performance.
Go ahead and expect a lot — you deserve it. It's better here — but don't take our word for it. Definity was named by Great Place to Work® as one of the Best Workplaces™ in Canada for women, for youth, and for inclusion.
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 background checks (including criminal checks and leadership references).
About Economical Insurance
Economical Insurance is part of Definity.
We make one simple promise to our customers: We'll be there when you need us most. When the unexpected happens, you can count on Economical to take care of the details so you can get on with your life.
Customers are at the heart of everything we do, and our strong and diverse teams rally together to deliver reliable solutions for homes, vehicles, farms, and other complex commercial operations. With brands like Sonnet™ offering a radically simple, digital insurance experience and Petline™ making sure everyone in the household’s looked after, our family of companies helps a million-plus Canadians when they need us most.
A long history of innovation inspires us as we continue on our journey toward becoming a publicly-traded company — we’ve come a long way since we started in 1871! We are truly making history as we speak, being the first national Property and Casualty (P&C) insurer to pursue demutualization.
We are a proud Employer Partner of the Canadian Centre for Diversity and Inclusion (CCDI), focused on making our workplace inclusive and free of prejudice and discrimination.
Economical Insurance includes the following companies: Economical Mutual Insurance Company, Family Insurance Solutions Inc., Sonnet Insurance Company, Petline Insurance Company. ©2019 Economical Insurance. Economical and Economical Insurance are registered trademarks of Economical Mutual Insurance Company. All Economical intellectual property belongs to Economical Mutual Insurance Company. All other intellectual property is the property of their respective owners.