Senior Construction Underwriter

    • Oakville, Canada

Position Overview:
Totten Insurance Group is growing and we are looking for a dynamic Senior Construction Underwriter for our Construction Team at our Oakville or Toronto Office.
Choose a career with Totten Insurance Group and take the first step toward creating a future that combines a diverse, challenging work environment with financial security and satisfaction. By joining Totten Insurance Group you will become part of rapidly growing company that offers significant opportunity for advancement and growth. Totten Insurance Group is a company where your contributions will make a difference.
Job Responsibilities:

  • Analyzes new business and renewals for risk profitability by assessing exposures and hazards as determined by a review of the underwriting data, and according to underwriting guidelines, contract authority limits and company standards.
  • Maintains the long term profitability of a portfolio of accounts regardless of market conditions within the bounds on internal underwriting guidelines and individual underwriting authority. This includes the ability to successfully negotiate terms, conditions and pricing to achieve new business, renewal and profitability targets.
  • Develops and maintains positive business relationships within the brokerage community. Solicits new business opportunities. Participates in production trips and broker visitations, and corporate functions as required. Managing relationships with brokers and acting as a dedicated resource as needed and required.
  • Delegating appropriate tasks to Underwriting Assistants and to oversee the preparation of accurate policy documentation, premium processing, and data entry for coding and processing and documentation issuance.
  • Maintains knowledge of company Underwriting policies, philosophy, procedures and standards and understand and execute segment strategies to produce budgeted results.
  • Monitors and assesses competitive factors in the market and keep informed of changing market conditions to report to management.
  • Maintains a high service level to brokers and responding to brokers inquiries on a timely basis.
  • Proactively involved in the learning and development of underwriting skills, including coverages, wordings, exposures, pricing and factors that affect Construction.
  • Delivers underwriting profit, organic growth, and target revenue budgets.
Qualifications and Experience:
  • Construction Underwriting experience 5+ years (Builders Risks, EAR/CAR, Wrap Up etc. )
  • Post-Secondary School education or equivalent training and experience
  • Working towards AIIC/CIP Designation
  • Proven ability to exercise sound judgment in risk selection
  • Strong decision making skills and ability to bring creativity to underwriting risks
  • Knowledgeable insurance professional
  • Develops and maintains productive working relationships with peers, clients, and industry personnel
  • A strong work ethic, good organizational skills and the ability to work within a team environment.
  • Strong communication skills (Written and Verbal)
  • Strong Time Management skills, Goal oriented, Self-directed, Interpersonal relationship skills.
  • Proficient in MS Office: Word, Excel, and Outlook
Core Values:
  • Entrepreneurship - encouraging innovation and educate risk taking
  • Integrity - doing things right every time
  • Teamwork - working together to maximize results
  • Accountability - measure and take responsibility for outcomes
  • Service - serving customers, communities, and colleagues
Totten Insurance Group is Canada's leading national MGA provider of niche products and innovative solutions. Totten Group is committed to servicing brokers across the country and is comprised of six divisions: Personal Lines; Commercial Property; Commercial Casualty; Hospitality; Construction and Professional Liability. With offices across Canada, Totten Group's corporate office resides in Toronto ON, and has other locations in Oakville ON, Dartmouth NS, Winnipeg MB, Montreal QC, and Vancouver BC. Learn more at www.tottengroup.com .
Department Underwriting
Required Experience: 5-7 years of relevant experience
Required Travel: Up to 25%
Required Education: Diploma

HUB International provides property and casualty, life and health, employee benefits, and investment and risk products as an insurance brokerage with offices around the globe.

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