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Definity Financial

Canadian P&C insurer with digital channels

Underwriter - Regional Underwriting, Fleet

UnderwritingPosted on Nov 11
Full-timeCalgary, AB, Canada$51.3k - $94.4kIn-person

About the Job

Requirements

  • Post-secondary education or equivalent on-the-job experience in a pertinent domain.
  • At least 2 years of experience in commercial automobile or garage underwriting.
  • Completion of, or commitment to complete, the CIP/FCIP designation.
  • Ability to work within and adapt to PC-oriented environments, including advanced knowledge of Microsoft Office.
  • Strong conflict resolution skills.
  • Negotiating skills and a demonstrated ability to create and maintain business relationships.
  • Ability to analyze situations and manage multiple, changing priorities.

Responsibilities

  • Assess, accept, and decline new business submissions.
  • Negotiate renewals and policy endorsements.
  • Make underwriting and pricing decisions on individual risks and within the context of a broker's broader portfolio of business.
  • Negotiate the terms and conditions of risk acceptance with brokers in writing, by telephone, electronic mail, or in person.
  • Develop and maintain positive broker relations.
  • Use tools, resources, and reports to evaluate risks and make underwriting decisions.
  • Manage multiple transactions within information systems and programs, using system functionality to route and document transaction processing.
  • Coordinate with other underwriters on broker transactions spanning multiple product areas, including fleet, IRCA, property, and casualty, or risk types, including small business and mid-market.
  • Manage adherence to relevant service-level agreements, productivity levels, and profitability targets.
  • Participate in production calls with brokerage offices, as required.
  • Accompany brokers on field underwriting of accounts, as required.
  • Provide technical support to brokers.

Desired Qualifications

  • Experience in underwriting property/casualty, professional liability, or agriculture insurance is an asset.

About the Company

Definity Financial

Canadian P&C insurer with digital channels

Definity Financial is a Canadian property and casualty insurer that serves individuals and businesses through multiple channels, offering a broad range of coverage options. Its products are delivered via a mix of direct, broker, and digital channels, and the company emphasizes continuous improvement and innovation to meet evolving needs. The business model relies on insurance premiums and strategic investments, with a focus on transforming into a digital leader and expanding market capabilities to grow reach and profitability. Definity differentiates itself through its long-standing heritage from Economical Insurance, its multi-channel distribution, and its commitment to leveraging technology and investments to better serve customers, broker partners, employees, and communities in a changing market.

Company size
1,001-5,000
Company stage
IPO
Headquarters
Canada
Founded
1871

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