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Definity Financial

Canadian P&C insurer with digital channels

Global Underwriter

UnderwritingConfirmed live in the last 24 hours
Full-timeToronto, ON, Canada$51.3k - $94.4kIn-person

About the Job

Requirements

  • A bachelor's degree or college diploma in a relevant field.
  • Six years of relevant underwriting experience, including commercial lines experience.
  • Deep knowledge of commercial lines products, the regulatory environment, and the local insurance market.
  • Ability to proactively identify underwriting, marketing, or financial challenges and analyze available information to make timely decisions aligned with the company's risk appetite.
  • Ability to negotiate in difficult situations with managing companies and brokers.
  • Strong attention to detail and ability to manage multiple priorities simultaneously.
  • CIP, FCIP, or CRM designation.

Responsibilities

  • Manage the profitability, growth, and retention of an assigned book of business.
  • Underwrite and negotiate complex customer accounts to minimize risk and maximize profitability while adhering to service levels.
  • Cultivate and maintain relationships with INI partners within the business unit and across the organization to fulfill sales plans and identify cross-selling opportunities.
  • Foster and maintain relationships with external partners by regularly meeting in person with brokers to market and cross-sell products, with the goal of writing and retaining accounts consistent with the company's risk appetite.
  • May assist in training and mentoring less experienced underwriters.
  • Perform other duties as assigned.

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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