Personal Lines Underwriter II 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: Personal Lines Underwriter II, Attention: [email protected] or call: (647) 598 1825

Position#: 241xxx
Position: Personal Lines Underwriter II
Position Type: Permanent
No. of Positions: 1
Location: Waterloo, ON

Why join:

• Competitive Salary and Bonus
• RRSP matching up to 5% for future planning
• Comprehensive benefits including health, dental, and vision care
• Growth Possibilities: Opportunity for career progression

Responsibilities

• Learn the technical aspects of insurance: assessing and evaluating risk to make empowered decisions;
• Seeks full understanding of risks, and where facts may be missing, uses additional underwriting tools, apps, reports, inspections to gain increased knowledge of risk
• Participate in, or provide training and development initiatives to constantly enhance the quality of decision making;
• Underwrite and negotiate medium complexity renewals, policy endorsements and new business.
• Has full knowledge of own products area and basic knowledge of other product lines; underwrites accordingly
• Knows when to seek guidance from senior staff when considering variance from the established guidelines.
• Prepares own analysis and recommendations as a basis for discussion
• 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
• Participate in, or provide training and development initiatives to constantly enhance the quality of decision making;
• Gathering background information on potential customers from information provided in proposal forms for insurance;
• Analyzing all relevant data using appropriate software to determine whether the level of risk is acceptable;
• Preparing the terms and conditions of insurance policies.

Qualifications

• 3 to 5 years of experience in the insurance industry
• Post-secondary education, working towards CIP designation
• Exemplary analytical skills and can make informed decisions.
• Skilled communicator who can adapt your approach to your audience.
• Influence decisions and negotiate strategically.
• Enthusiastic learner who thrives within a team or independently.
• Effective communication and interpersonal skills, both written and verbal.
• 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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