Personal Lines Underwriter I (12-month contract)

Personal Lines Underwriter I    This role is designed to build foundational underwriting expertise by supporting the assessment and evaluation of low complexity risks. The incumbent will learn and apply technical insurance knowledge, including product guidelines, rating tools, and policy terms, while developing sound decision-making skills. Through hands-on experience and training, they will gather and analyze customer information, prepare policy terms, and negotiate endorsements and renewals.   What you will do... Learn the technical aspects of insurance: assessing and evaluating risk to make empowered decisions; Understands and can apply basic knowledge of own product area (guidelines and rules, philosophies, services, ratings and available tools); Recognizes limitations in knowledge of risks and seeks assistance as required; Understands and can explain the basic terms, conditions and exclusions for the policy coverage provided in own specific areas of expertise; 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 low complexity renewals and policy endorsements. 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. What you will bring... 1 to 3 years of experience in the insurance industry Post-secondary education, working towards 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. The salary range for this role is $49,500- $59,400. The salary for the successful candidate will be determined by various factors including but not limited to an individual’s relevant experience, knowledge, skills, along with internal equity, and market considerations.