Economical is part of Definity, which includes some of Canada's most long-standing and innovative insurance brands, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. Our ambition is to be one of Canada's leading and most innovative property and casualty insurers. We can't do that without our people, so we embrace and encourage a culture that's collaborative, ambitious, rewarding, and empowering.
We offer a flexible, hybrid work experience where employees work from the office and virtually depending on the type of work they are doing and who they are working with. Bring your true self and be a part of our journey. It's better here.
What to expect
This role will report to the Manager, Technical Specialists for the Ontario Region Administration in our Economical Commercial Insurance Business Unit
You will be joining a team of passionate insurance professionals focused on driving profitable growth through rigorous underwriting and collaborative broker relationship management in Commercial Insurance
Acts as first point of contact beyond their Manager for Mid Market Property & Casualty Underwriters seeking guidance and support to enable high quality underwriting - including clarification of underwriting products, appetite, guidelines, best practices, processes and system functionality
Applies deep understanding of the commercial property & casualty industry and to provide underwriting, workflow and ways of working direction and guidance to UWs at all levels
Acts as an expert resource to support Underwriters to build effective underwriting solutions and advise on technical underwriting question to ensure terms, conditions, rating and pricing align with both customer needs and commercial insurance strategy
Informs and actively participates in supporting annual performance review cycles; identifies growth and development opportunities for Underwriting resources and support underwriters with the design and delivery of case studies for Outcome-Focused Learning sessions
Champions the CI Quality Underwriting (QUEST) principles in interactions at a management, team, and individual level to encourage the development and sustainment of a strong underwriting quality culture
Conducts underwriter file reviews to assess underwriting compliance, documents actions required and engages underwriters in supportive feedback discussions
Participates in developing regional and national quality review reports, identification of ongoing trends and the definition and implementation of appropriate action plans
Uses each interaction point with UWs as a coaching opportunity to teach UWs where and how to find the information they need to address similar cases in the future
Supports in the onboarding training of new joiners
Contributes to the design and delivery of training to support key department goals (for example, training to introduce new products or guidelines, learning sessions to reinforce key underwriting guidelines, and address region-specific training needs)
Builds relationships at all levels and across underwriting teams to enable the identification, understanding, and appropriate action planning to improve underwriting quality and team performance within their Region
Contributes to knowledge sharing with Technical Specialists from other regions to learn from and share best practices and ensure new insights/ methods spread in a timely manner
Works closely with Head Office to enable consistent training opportunities and experiences across regions
What you bring
Highly energetic, outcomes focused and able to balance of mix of short-term and long-term priorities
Enjoys supporting staff and leaders both 1:1 and in group sessions to build a deeper understanding of farm underwriting; able to communicate complex concepts in a simple, engaging way
University degree in any discipline or a 2 year diploma from a publicly recognized and funded college or a completed CIP designation
Industry-related certification is required (CIP/FCIP/CRM or equivalent)
7+ years' experience in commercial property & casualty underwriting; preference for new business experience or experience on structuring and negotiating large, complex renewals
Strong underwriting knowledge in one or more lines of business including wordings, underwriting procedures and policy terms and conditions
Possesses foundational knowledge of adult-education principles
Demonstrated interest and experience in coaching and talent development
Developing coaching and training skills, including the ability to influence stakeholder behaviour and communicate complex or nuanced concepts in a clear and tangible way
Strong computer literacy skills - including use of Policy Administration System(s), Case Management tool(s), Pricing tools and algorithms, and Excel
Strong proficiency in Microsoft Office suite of products
Excellent ability to multi-task and monitor progress to meet deadlines
Strong analytical skills: able to quickly interpret data, information, reports and come to a decision quickly
Strong customer service, verbal, and written communication skills
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