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Lloyd's Underwriter

NFP Corp15 days ago
Hamilton, ON
Mid Level
full_time

Top Benefits

Hybrid environment approach
Annual bonus plan for all employees
Matching RRSP plan of 5% of salary

About the role

Business Line: Personal Risk, Henry Equestrian Division

Hours Per Week: 35 (Full-Time)

Location: Hamilton – Hybrid Setting (https://www.nfp.ca/about-nfp/find-an-office)

Job Duration: Full-Time, Permanent

About the Role

At NFP, the brokers in our Henry Equestrian Division provide clients with expert insurance coverage. Injuries, illness and euthanasia are all things that will break any horse owner’s heart and insurance can help to make sure it doesn’t break the bank as well. With over 30 years of experience and a team of equestrians as our brokers & underwriters, we help clients navigate the process from start to finish and make sure that they end up with a policy that has been custom-tailored to their needs. From trail buddies to investment sales horses and everything in between, Henry Equestrian has one of the most comprehensive portfolios available for horse owners.

We’re looking for a horse enthusiast to join our team as a Lloyds Underwriter for the Henry Equestrian Division. The UW will provide quotes for our Equine products (Mortality & Liability) while collaborating with both internal and external stakeholders to provide fair and competitive quotes that fit the client’s needs. The UW will also oversee and review claims for the Lloyds market to ensure that the risks submitted by the claims adjuster fit within the program.

What You’ll Do

  • Qualify and underwrite new and renewal Equine Insurance accounts through understanding the needs and risk characteristics of the customer while ensuring both top-line growth and bottom-line profitability
  • Analyze risks to identify fair and sensible solutions that fit within the program guidelines
  • Help identify areas of concern regarding loss ratios, risk trends, or other discrepancies, applying remediation strategies as appropriate
  • Confirms coverage of claims by reviewing policies and documents submitted in support of claims
  • Manage the underwriting workflow from quote to policy issuance
  • Maintain knowledge of industry trends, developments, and regulatory changes

What You Bring

  • Typically, more than 3-5 years of professional experience within the insurance industry preferably with knowledge property underwriting
  • Solid understanding of Property underwriting is preferred
  • Knowledge of Lloyd’s underwriting practices is an asset
  • Proven success in providing a high level of customer service in a fast-paced and challenging environment
  • Strong written and oral communication skills
  • Ability to analyze and convey summaries of complex issues; recognize alternative approaches and develop action plans, both orally and in written form
  • Remarkable collaboration, negotiation and influencing skills
  • Ability to develop and maintain long-term relationships with brokers, clients and internal partners
  • Proficiency in Microsoft Office - Outlook, Word, Excel
  • Excellent attention to detail and sensible judgement
  • Exceptional problem-solving, decision making and analytical skills
  • Effective time management and organizational skills
  • Professional designation such as CIP is an asset

Who We Are

NFP, an Aon company, is a multiple Best Places to Work award winner in Business Insurance who has also earned the 5-Star Diversity, Equity and Inclusion (DEI) award from Insurance Business magazine and the WORK180 employer endorsement. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach.

Our personal commitment to our team and our clients have created long-lasting and successful relationships across our growing 300+ Canadian, U.K, and U.S. office locations. To learn more, please visit https://nfp.ca

What’s In It For You

NFP’s PeopleFirst culture offers a multitude of benefits to employees and is a great place to call home.

  • A hybrid environment approach that keeps the best interests of our staff and our clients in mind
  • Annual bonus plan for all employees
  • Matching RRSP plan of 5% of salary
  • Referral Commission Plan
  • Generous benefits plan including Health Care Spending Account starting on the first day of employment
  • Full support for continuing education & internal opportunities to grow as an insurance professional to advance career
  • Reimbursement of license fees and professional membership dues
  • A global team of industry leaders focused on employee retention, client growth, industry innovation and collaboration

Our employees are the foundation of our success.

NFP is a big company — a growing, inclusive team of individuals supporting each other’s passions and engaging with the community.

Building a diverse, collaborative and innovative team requires leadership, deliberate action, and ongoing measurement. We actively support the well-being of our employees with benefits and programs driven by recognition, community, financial wellness tools, development and inclusion, fostering personal and professional growth that keeps us moving forward.

Beyond our office walls, we’re dedicated to serving the community around us. Every day we make proactive choices to take care of the communities in which we live and work. We contribute to different organizations, including Women in Insurance Cancer Crusade (WICC), Food Banks Canada, Indspire Canada and many more. From charity drives and community service outings to other company-sponsored events, our employees donate their time and raise funds on behalf of great causes across the country.

Our business is built on the personal level. Whether it’s in our offices, on a call, out in the field or anywhere you can find us in the world, we’re starting the conversations that create a more secure future for everyone.

Accommodations are available on request for candidates taking part in all aspects of the selection process.

About NFP Corp

Insurance Agencies and Brokerages
5001-10,000

NFP is a leading insurance broker and consultant providing specialized property and casualty, corporate benefits, retirement, and individual solutions through its licensed subsidiaries and affiliates. NFP enables client success through the expertise of over 7,400 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors, and financial institutions. NFP is the 5th largest benefits broker by global revenue, 5th best place to work in insurance and 6th largest US-based privately owned broker (Business Insurance); 9th commercial lines agency by P&C commercial lines revenue and 10th largest property and casualty agency (Insurance Journal); and 12th largest global insurance broker (Best's Review).