Underwriting Specialist, Commercial Lines

Requisition Number: UNDER
006728

• Full-Time

Showing 1 location

Winnipeg, MB, CAN

Company:
Sovereign Insurance
Department:
Commercial Solutions

Employment Type:

Regular Full-Time
Work Model:
Hybrid (2 days in office)
Language:
This role operates in English.
Additional Information:
This/these role(s) is/are currently vacant

At Sovereign Insurance, a wholly owned subsidiary of The Co-operators General Insurance Company, we believe leadership is shaped by purpose, collaboration, and meaningful contribution. When you grow, we grow — your success crowns ours.

We value diverse perspectives, bold ideas, and people who lift others up. Here, your initiative matters, and your efforts help build the resilience of the Canadian businesses and communities we serve.

That shared commitment strengthens our culture and moves us forward — together. That’s the Crown Effect.

As an Underwriting Specialist, Commercial Lines you will review and evaluate large and complex account applications to determine risk, extent of coverage, and premiums. You will accept or reject applications based on established policies, procedures and standards, company philosophies and Authority Levels.

• Contributing to the profitable growth of a portfolio through underwriting expertise, service excellence, new business acquisition, renewal retention and endorsement activity, with accountability aligned to role level and authority, and in support of our target appetite and growth objectives.
• Develop and maintain new relationships with partners by marketing Sovereign’s unique value proposition and capitalizing on opportunities for viable insurance solution expansion. This includes attending client meetings, delivering presentations or workshops, attending events, as well as and engaging and connecting relevant internal stakeholders.
• Promoting, underwriting and quoting new business, renewals and endorsements in accordance with the company’s underwriting philosophy, rating, loss ratio objectives, service standards and authority levels.
• Negotiating coverage and rates and participating in underwriting audits.
• Completing necessary documentation in support of the business you handle.
• Developing and maintaining positive constructive relationships with brokers.
• Developing a team-oriented approach to meeting corporate and department goals and objectives; including written premium and profitability objectives.
• Handling branch underwriting referrals and provide mentoring / coaching to more junior underwriting team members
• Keeping current on market conditions and insurance regulations and emerging trends
• Participating in special projects in conjunction with various teams across Sovereign as required.

• You have 10+ years of Commercial Underwriting experience, with established broker relationships
• Proven experience working on both new business and renewal business
• You have experience in Construction, Project Business, Manufacturing & Processing, Wholesale, Warehousing and Transportation.
• Having Chartered Insurance Professional (CIP) designation an asset.

• You thrive on delivering our exceptional client experience through positive and engaging relationships; embracing accountability to achieve effective results.
• You ensure your day to day actions are in harmony with the company’s purpose, vision, and values even when challenged.
• You are open and adaptable to changing conditions with a natural curiosity to explore and try new approaches.
• You value cooperative and collaborative dialogue because diverse perspectives offer more creative and productive solutions.

• You will be subject to a Background check as a condition of employment, in the event you are the…