Intermediate Underwriter
Description
Stratford Underwriting Agency Inc, located at 329 Railway St #500, Vancouver, BC V6A 1A4 has a full time and permanent vacancy for an Intermediate Underwriter.
Duties
• Reporting to the Underwriting Manager, this position will successfully evaluate and select policy risks that ensure profitable growth.
• Execute individual risk selection decisions in accordance to established underwriting authority.
• Negotiate terms and conditions of risk acceptance with brokers through the broker telephone and online support.
• Analyze new, modified and renewal business for eligibility by assessing exposures and hazards.
• Apply best business practices towards compliance, risk management and operational risk controls in accordance with corporate enterprise risk management framework and regulatory standards and policies.
• Execute underwriting support tasks including renewal preparation, claim history & driver abstract processing, phone queue, email queue, as well as other underwriting support tasks as required.
• Underwriting support, supporting the department with procedural understanding and analysis.
Experience
• Relevant underwriting insurance experience.
• Demonstrate and foster a drive-for-results mentality, strong commitment, and accountability while making sound decisions and achieving goals.
• Focus on exceptional customer relationship management.
• Fluent English communication skills which include oral and written communication.
• Computer competency.
Education
• Willingness to obtain a BC General Insurance Licence
Wage
$40.50 per hour for 30 hrs per week
Benefits:
• Great Health Benefits: Take care of yourself and your family from Day 1. Dental, Vision and Extended Health, Life Insurance
• Wellness Program: 100% reimbursement to a maximum yearly, pro-rated limit. Receive a reimbursement on any fitness related memberships, passes or equipment.
• RRSP: Company-matched RRSP contributions from Day 1.
• Professional Membership, License and Course Reimbursements: Reimbursement for any job-related memberships and license fees, as well as job-related tuition reimbursement.
• Vacation & Personal Needs Day
• Competitive Salary: With potential for an annual raise and discretionary bonus.
• Hybrid Work Schedule – 3 in-office 2 WFH
• Casual Dress
• Team bonding events
How to apply
Please send the following to stratfordinsurance1@gmail.com
• Resume
• Cover letter
• Three written references
• Answers to the following questions:
o Describe the typical a priori factors you’ve seen in your experience underwriting commercial auto?
o Describe the nuances of declared value, agreed value and actual cash value.
o A house in a flood plain was flooded during a regional flooding disaster. It had an overland flooding endorsement and so was covered for the loss and the insurer paid out demolition and repair of $50k. You’re underwriting the policy for its coming renewal. Describe the factors you’re considering and the tools you expect your employer, the insurer, to put at your disposal, in this task.
o Describe a typical claims process, from end to end.
o Name and define the top five metrics in insurance portfolio management.
- Job type: Full-Time
- Company: Stratford Underwriting Agency Inc
jobs | other
2023-06-23