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Definity Financial

Canadian P&C insurer with digital channels

Intermediate Underwriter - Regional

UnderwritingUpdated on Nov 14
Full-timeMontreal, QC, Canada$51.3k - $94.4kIn-person

About the Job

Requirements

  • A university degree in any discipline, a two-year diploma from a publicly recognized and funded college, or a completed Chartered Insurance Professional (CIP) designation is required.
  • Professional proficiency in both English and French, orally and in writing, is required to service internal and external customers across Canada.
  • A minimum of 1–3 years of experience in commercial lines underwriting is required.
  • Strong analytical skills and the ability to quickly interpret data, information, and reports are required.
  • Strong customer service, verbal and written communication, and computer literacy skills are required.
  • The ability to influence and effectively negotiate with stakeholders is required.
  • The ability to weigh complex factors, make sound decisions, and explain the rationale is required.
  • Strong problem-solving abilities are required.

Responsibilities

  • Manage a portfolio of commercial insurance business by assessing new submissions, underwriting renewals, and negotiating policy terms and conditions with brokers.
  • Make risk-based underwriting decisions and provide technical expertise to support profitable growth.
  • Assess, accept, and decline new business submissions.
  • Re-underwrite and negotiate renewals and policy endorsements.
  • Negotiate terms and conditions of risk acceptance with brokers in writing, by telephone, electronic mail, or in person.
  • Develop and maintain positive broker relationships.
  • Participate in production calls at brokerage offices, as required.
  • Provide technical support and ongoing underwriting guidance to brokers.
  • Participate in broker visits and production discussions.

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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