Underwriting Specialist
Zurich Insurance
full-time
Posted on:
Location Type: Hybrid
Location: Toronto • 🇨🇦 Canada
Visit company websiteSalary
💰 CA$110,000 - CA$130,000 per year
Job Level
Mid-LevelSenior
About the role
- Proactively seek renewal and new account opportunities.
- Complete detailed opportunity assessment with key distributors to identify growth opportunities.
- Qualify accounts to meet with the organization's appetite, balanced with sound business opportunity.
- Make agent/broker/customer and on-sight calls with a planned and well-prepared purpose.
- Negotiate Terms & Conditions and close deals.
- Cross-Sell other lines of business to increase product density with the account.
- Participate in Sales Team meetings as related to assigned brokers and/or territory.
- Proactively engage in the target account process, managing a qualified list of opportunities 90 to 120 days prior to effective date.
- Update required systems with details of broker/client visits and account status within specified time frame.
- Serve as key contact for assigned target accounts.
- Develop strong broker and client networks as related to industries underwritten by Business Unit.
- Calculate Target Price accurately by utilizing underwriting tools appropriately.
- Measure exposure/analyze risk.
- Initiate product development idea.
- Assist in training and developing staff.
- Provide expertise on coverage issues with claims programs and guidelines.
- Contribute to development of u/w manuals, programs and guidelines.
- Approve/place facultative purchases.
- Develop and lead marketing presentations to new and current agents/brokers.
- Promote the organization's products and services in order to increase penetration within agency plant.
- Ensure the successful completion of projects by maintaining continuing dialogue with business unit sponsors during implementation of major projects.
- Diagnose and develop recommendations to solve unique business unit and customer problems.
- Lead complex technical or long-term (over 6 months) business projects to implement new or changed systems, programs or products.
- Investigate, recommend and implement leading edge technical solutions when they meet customer needs.
- Bilingual in French/English is a must
Requirements
- Bachelor Degree and 5 or more years of experience in the Commercial Underwriting or Market Facing area.
- High School Diploma or Equivalent and 10 or more years of experience in the Commercial Claims or Commercial Underwriting Support area
- Knowledge of Microsoft Office
- Experience working on time restraints for quotes on new and renewal business
- Experience working in a team environment
- French proficiency is a mandatory requirement for this role, English proficiency is an asset.
Benefits
- Comprehensive health/benefits plan with varying levels of coverage
- Four weeks of vacation per year
- Four personal days per year
- Access to a comprehensive range of training and development opportunities
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
Commercial UnderwritingMarket FacingCommercial ClaimsUnderwriting toolsRisk analysisProduct developmentNegotiationSalesAccount managementProject management
Soft skills
CommunicationTeamworkProblem-solvingNetworkingLeadershipTrainingCustomer engagementAnalytical thinkingTime managementPresentation skills
Certifications
Bachelor DegreeHigh School Diploma or Equivalent