Commercial Underwriter

Job Description

Indulge your passion for problem-solving and embrace the thrill of addressing risk head-on at Gallagher's global brokerage team. Join a family of diverse minds, united by a relentless pursuit of excellence. As part of our team, you'll be the architect of protection, safeguarding businesses and empowering their ambitions. Together, we'll build a legacy of trust and triumph in the dynamic world of risk management.

We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.

Excess Underwriting is a leading MGA headquartered in Markham Ontario. Consisting of four key divisions, Excess does business coast-to-coast. Reporting to our Assistant Vice-President Commercial Property & Casualty, the Commercial Underwriter will be driving the growth and development of the company's specialized portfolio, being responsible for the full underwriting process end-to-end including; leading the underwriting process for new clientele, leading all aspects of compliance to binding authority framework and management reporting. The role works collaboratively with the broker partners, you will maintain underwriting and service standards.

Work Environment: Hybrid (Agile) – We, at Excess and Gallagher, enjoy the benefits of working remotely while also collaborating and interacting with each other in the office.

How Will You Affect the Business?

• Oversee and develop sound underwriting standard & run underwriting process
• Underwrite new business, endorsements and renewals in accordance to guidelines and authority for each insuring partner
• Facilitate the processing of renewals by working with broker partners and the team
• Within your level of authority, quote, negotiate, sell, and authorize the acceptance of new business, renewals, and endorsements to develop and retain profitable business according to the business plan established for the team
• Review risks for acceptability, secure additional information as required and decide on appropriate course of action
• Recommend solution when requiring approval and referring to company underwriters
• Nurture relationships with brokers by phone, email and other forms of communication
• Provide support and suggestions to brokers in conjunction with other teams as required
• Report development and educational opportunities as experienced in day to day broker interaction and by attending tradeshows
• Render approval/decline decisions on incoming applications for new businesses consistent with internal and insurer policies
• Responsible for ensuring all files, forms and client details are updated

Education and Experience

• 3+ years of commercial underwriting experience
• College or University Degree or commensurate experience required
• Insurance Designations an asset (CAIB, CRM etc.) with a strong preference for the CIP
• Positive demeanour, enthusiasm and drive
• Strong written and oral presentation skills
• Competency with the MS Office suite of software
• Strong, established market relationships
• Ability to handle change effectively
• Strong leadership and management skills

What Makes You Successful

• Your entrepreneurial approach enables you to think beyond your immediate priorities - ensuring every step taken is in the direction of long-term business growth.
• Strong communication and interpersonal skills enable you to develop deep relationships with clients and find ways to partner with colleagues quickly. People love working with you, and you with them!
• Being in a fast-paced, dynamic environment brings out the best in you.
• You’re always able to prioritize effectively which allows you to exceed client expectations every time!
• Always maintaining a keen eye for detail comes easy and is key part of what has made you successful as an Underwriter in the past.
• High level of tech literacy, with the ability to learn new systems, tools and processes with ease

What We Offer You:

• Competitive salaries and bonus plans.
• Medical & dental coverage to meet your household's needs
• Life, Dependent Life and AD & D Insurance options
• Pension & group savings plans
• Employee stock purchase plan
• Educational expense reimbursement
• Employee assistance programs
• Discounted gym membership
• Opportunity for flexible work hours
• Paid sick days & personal days,
• Employee education recognition program
• Employee referral bonus program and more