Job title: Commercial Underwriter, Level 1

Job location: Remote

Who we ar

e:The Commonwell Mutual Insurance Group is not just another insurance company; we are a P&C Mutual company with solid grass roots within our community. We’re proud to be a leader within the P&C industry offering a Mutual experience rich with history, opportunity and exceptional customer service. We are committed to profitable growth, team development, ingenuity, built on strong connections in our remote first work environment. We encourage a work-life balance and we are serious about what we d

**o.

Our promise to y**

ou:Here at The Commonwell, we are all abo ut Protecting Individuals, Togethe r! Our vision is to continue to build an environment that develops and attracts the very best by empowering everyone to foster a workplace where everyone can perform at their very best, be their authentic self and bring their whole self to wo

**rk.

The Opportun**

ity:This purpose of this position is to review, analyze, and evaluate commercial property and liability business at all transactional touchpoints to determine risk level by using different methods of investigation. Working within a team environment, the incumbent will provide calculations for policies and support to our broker force. The incumbent must evaluate policies based on acceptability of risk with a focus on reducing claim exposure while promoting new business and retention for the comp

**any.

Who you**

• are: Supports the technical development of support staff within the underwriting department through training and mento
• rshipActive working relationship within the property underwriting
• linesDevelop working relationships within all other underwriting
• linesYou will be highly Organized and have excellent Time Management s
• killsYou will demonstrate excellent Written and Verbal Communication S
• killsYou are great at Problem-Solving and Critical Thi
• nkingYou will be Adaptable and open to changing environ
• mentsYou value and encourage others to have cooperative and collaborative conversations because diverse perspectives offer more creative solu

**tions

How you will create an i**

• mpact:Accountable for underwriting at all transaction levels including, New Business submissions, renewals, endorsements, and inspection evaluations – requires support for risks with greater comp
• lexityReview claims risks alerts and takes action, where necessary – receives support, where required, in managing complex

**alerts

What you will**

• bring:Completion of Ontario Secondary School Diploma is r
• equiredGreat organizational skills and ability to multitask is r
• equiredThorough attention to detail is a must to ensure accuracy of policy do
• cumentsAbility to perform moderatemathematical calculations is r
• equiredEffective communication skills: verbal, non-verbal and
• writtenSound morals, ethics, and confidentiality with ability to develop trusting and effective working relationships with peers, employees and business p
• artnersStrong computer literacy, proficiency in all Microsoft Office programs and Internet nav
• igationWorking knowledge of construction, occupancy, protection, exposures relatingcommercia
• l risksWorking knowledge in underwriting packageclasses of b
• usinessWorking knowledge in underwriting non-package classesof business, requiring support in areas of more comple
• x risksWorking knowledge of commonCommercial Liability exposuresincluding appropriate risk identification, assessment, loss control and underwriting pr
• ocessesWorking understanding of exposure base of Commercial Fire rate and liability rate methodologies and ability to complete complex rate
• workupSome understanding in the use of Xrate, Urate and manualrating method
• ologiesWorking knowledge of Commercial property risk management including typical propertyrisk exposures in low to medium hazard commercial property occupancies requiring support for high hazard commercial p
• ropertyWorking knowledge in readingand interpreting all relevant policywordings, including Commercial General Liability, Business Interruption and Umbrella liability relevant to commercial business w
• ordingsSome understanding on reinsurance products, specifically those available, as well as the necessary process for facultative cession,a working knowledge of restrictions and provisions of reinsurance
• treatyWorking knowledge of relevant regulations, including the Insurance Act and applicable buildin
• g codesSome understanding of the financial sta
• tementsEfficiency in the use of the PolicyAdministration system for all policytransactions and solid understanding of item coverage structure and rate and rule op
• erationUnderstanding of the broker distribution channel, the various tools utilized by the broker and the process interaction between insurer and

**broker.

Perks of being a Commonwell Crew**

• Member:Remote work env
• ironmentFlexible Work arra
• ngementsCompetitive Compensation
• PackageTraining and Development Oppor
• tunitiesPension and savings
• programsPaid volunt
• eer daysWellness and Recognition programs/P

latforms

JOIN THE #Commonw ell Crew! We saved yo

u a spot!