Renewal Underwriter
Join an exciting and fast paced workplace at Special Risk Insurance Managers Ltd.
SUMMARY
Managing renewal business and endorsements by gathering information, quoting and negotiating with brokers on renewals with the support, guidance and mentorship of Underwriters.
ESSENTIAL DUTIES & RESPONSIBILITIES
Include the following:
- Work collaboratively with underwriters within a dynamic team structure
- Perform underwriting support functions
- Manage renewal business for underwriters by gathering information, quoting, and negotiating with brokers on renewals with the guidance and mentorship of underwriters
- Use company strategy to retain existing business, and contribute to team goals
- Handle endorsements & cancellations including accurate premium calculation
- Communicate with brokers via e-mail and telephone
- Other duties as assigned
CERTIFICATES, LICENSES & REGISTRATION
Level 1 General Insurance License (or actively pursuing)- REQUIRED
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Strong organization, prioritization, and time management skills to complete assignments efficiently and within structured timelines
- An eye for detail to handle renewals and policy changes with a high degree of accuracy
- Ability to work under pressure and meet deadlines
- Positive, driven, and disciplined attitude
- Self-motivated to meet competitive individual and team-related targets
- Strong independent work ethic
- Ability to work harmoniously in a team environment
- Strong written language, and professional communication skills
- Flexible and adaptable to change
- Understanding of Microsoft Office Suite and Google Sheets an asset
- Salary Range: $45,000-$52,000 CAD annually
COMPETENCIES
- Adaptability – Adapts to changes in the work environment; manages competing demands; changes approach or method to best fit the situation; able to deal with frequent change, delays, or unexpected events.
- Attendance/Punctuality – Is consistently at work and on time; ensures work responsibilities are covered when absent; arrives at meetings and appointments on time.
- Decision Making Skills – Identifying and understanding issues, problems and opportunities; comparing data from different sources to draw conclusions; using effective approaches for choosing a course of action or developing appropriate solutions; taking action that is consistent with available facts, constraints and probable consequences.
- Dependability – Follows instructions, responds to management direction; takes responsibility for own actions; keeps commitments; commits to long hours of work when necessary to reach goals; completes tasks on time or notifies appropriate person with an alternative plan.
- Initiative – Takes independent actions and calculated risks; Looks for and takes advantage of opportunities; Asks for and offers help when needed.
- Problem Solving – Identifies and resolves problems in a timely manner; gathers and analyzes information skillfully; develops alternative solutions; works well in group problem solving situations; uses reason even when dealing with emotional topics.
- Quality – Demonstrates accuracy and thoroughness; looks for ways to improve and promote quality; Applies feedback to improve performance; monitors own work to ensure quality.
- Quantity – Meets productivity standards; completes work in a timely manner; strives to increase productivity; works quickly.
- Teamwork – Balances team and individual responsibilities; exhibits objectivity and openness to others’ views; gives and welcomes feedback; contributes to building a positive team spirit; puts success of team above own interests; able to build morale and group commitments to goals and objectives; supports everyone’s efforts to succeed.
