About the Role
The Underwriting Specialist, Equipment Breakdown will use their technical skills along with strong business acumen to grow brand presence. The Specialist will be looked upon to build a book of business while working closely with the other line of business teams to provide clients with a comprehensive insurance solution. The ability to work independently, as well as collaboratively in a team, is paramount, as is the passion to develop creative ideas in seeking out new opportunities.
Responsibilities
- Manage and grow a profitable portfolio in accordance with underwriting philosophy and guidelines, rating, and loss ratio objectives, with accountability for new business, renewal retention, and endorsements, aligned to target appetite and growth objectives.
- Build the brand by developing positive and constructive relationships with brokers and business partners to expand market penetration.
- Establish and maintain strong relationships with key clients to deliver account support and customized client-focused proposals.
- Work with partners and peers to prepare quotations and negotiate coverage or rates, offering creative solutions for mutually beneficial outcomes.
- Monitor progress towards personal and business targets/goals.
- Support continuous improvement and product development by providing constructive feedback and insights on product offerings, tools, and resources.
Requirements
- 7+ years of experience in the Equipment Breakdown or P&C space with proven experience underwriting new business.
- Proven experience building lasting relationships with broker partners.
- Strong analytical skills with an understanding of specific metrics to support effective portfolio management analysis.
- Proven project and change management skills with the ability to deliver on deadlines and adapt to changing priorities.
- Subject to a Background check as a condition of employment.
- Detail-oriented work requiring a high degree of mental concentration for extended periods.
Skills
- Technical skills
- Business acumen
- Analytical skills
- Project management skills
- Change management skills
- Communication skills
- Critical thinking skills
- Innovative mindset
Location
- Hybrid
Work Type
- Regular Full-Time
- Hybrid (2 days in office)
Experience Level
- 7+ years
Education Level
- CIP/CRM designation an asset
Salary/Compensations
- $83,774 - $133,700+
Benefits
- Training and development opportunities
- Flexible work options
- Paid time off
- Holistic approach to well-being
- Physical and mental health programs
- Supportive workplace culture
- Paid volunteer days
- Competitive salary and incentive programs
- Comprehensive total rewards package
- Group retirement savings plans
- Pension and benefits (health and wellness, dental, disability and life coverage)
- Mental health support
- Employee assistance program
About the Company
- Sovereign Insurance is a wholly owned subsidiary of The Co-operators General Insurance Company.
- We value diverse perspectives, bold ideas, and people who lift others up.
- Our initiative matters, and our efforts help build the resilience of Canadian businesses and communities.
