Manager, Commercial Lines Underwriting Permanent

VTRAC Consulting Corporation
Intelligent Solutions

Thank you for applying to VTRAC opportunities. Please e-mail your resume as a MS-WORD document in confidence Subject: Manager, Commercial Lines Underwriting, Attention: [email protected] or call: (647) 598- 1825

Position#: 24194
Position: Manager, Commercial Lines Underwriting
Position Type: Permanent
No. of Positions: 1
Location: Waterloo, ON

Description
As Manager of Underwriting you will take on a leadership role by providing support, guidance, and mentoring to team members while helping develop and execute business unit priorities. The Manager of Underwriting ensures the department is operating at maximum efficiency, productivity, and profitability to achieve corporate goals, objectives and service levels.

Responsibilities

• Support the VP and senior leadership team on special projects, requiring advanced technical skills and knowledge as needed.
• Manage the productivity of the underwriting team, ensuring efficient and effective workflow is achieved.
• Collaborate with the leadership team on the development and prioritization of strategic initiatives.
• Maintain working knowledge of all Information Systems/Programs with underwriting, and analyze/recommend improvements to work processes and procedures.
• Manage escalations from agent/brokers and act as point of contact for them when necessary.
• Ensure departmental guidelines, procedures policies and risk objectives are updated and followed.
• Participate in relationship management activities.
• Attract, coach, mentor and train team members to develop them according to their personal abilities and development plan.
• Act as the lead person on all special projects and initiatives as may be required.
• Assist in the development and delivery of technical and non-technical Underwriting training to internal staff and external brokers and business partners.
• Coordinate training initiatives both in group and in one on one settings as well as developing training materials
• Manage Service to ensure corporate service standards are met on a weekly basis.
• Support new technology initiatives.
• Responsible for Performance Management including new hires, promotions and disciplinary actions up to and including terminations.
• Responsible for implementation and adherence to corporate policies within the department.
• Has specialized knowledge of own products and pricing to interpret and provide guidance to others (co-workers and distributors)
• Fully understands the common terms, conditions and exclusions of policy coverage’s and can recognize gaps in coverage, or exposure to loss
• Understands the political, legal and social influences on underwriting own product line, and ensures compliance with established principles.
• Aware of acceptance rules for other related lines of business
• Refers to other product line underwriters accordingly
• Can explain factors affecting loss ratios, severity and frequency
• Analyzing all relevant data using appropriate software to determine whether the level of risk is acceptable;

Qualifications

• Have 10+ years of complex underwriting experience
• Post-secondary education, CIP designation
• You have exemplary analytical skills and can make informed decisions.
• You are a skilled communicator who can adapt your approach to your audience.
• You can influence decisions and negotiate strategically.
• You are an enthusiastic learner who thrives within a team or independently.
• Effective communication and interpersonal skills, both written and verbal.
• You have proven decision-making and analytical skills, including the ability to determine how to grow business profitability through assessment and analysis of individual risks.

We thank all candidates in advance. Only selected candidates for interviews will be contacted. For other exciting opportunities, please visit us at www.vtrac.com. VTRAC is an equal opportunity employer.

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