Underwriter, P&C Programs

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Position Summary:

The Underwriter – P&C Programs manages a portfolio of Commercial Property, Casualty and related program products for accounts ranging from SME to high-TIV business. The Underwriter fosters strong relationships with partner brokers and MGAs, delivers excellent service and ensures the sound underwriting of referral business under delegated authority arrangements. The Underwriter is tasked with nurturing existing partner relationships and developing new relationships in order to grow the book while maintaining underwriting discipline with a strong focus on profitability. The Underwriter is experienced in making sound underwriting decisions based on individual risk characteristics, exposure analysis, hazard recognition and controls within their individual underwriting authority framework. This position is intended for a candidate seeking learning experiences and growth opportunity in a dynamic organization.

The candidate must be self-motivated with a strong entrepreneurial work ethic and attention to detail.  The Underwriter – P&C Programs reports to the Head of Programs Underwriting. The position is located in Toronto, ON but consideration will be given for qualified candidates.

Responsibilities and Accountabilities:

• Solicit and review new and renewal account information required to evaluate a risk
• Underwrite and price products, to include internal control and exposure analysis
• Underwrite, price and prepare proposals based on objective and subjective risk characteristics and input from various internal departments
• Operate within Arch Underwriting Guidelines and individual Underwriting Authority Statement
• Take responsibility for delivering excellent service to partner brokers and MGAs
• Manage book to achieve targeted policy retention, rate and profitability
• Develop, expand, and enhance broker and client relationships through high external visibility and frequent broker engagement
• Collaborate with Program Management Team to deliver presentations to partners on book performance and recommend profitability enhancements, language revisions or changes to underwriting approach
• Collaboration with internal stakeholders including Claims, Ceded Re, Actuarial and Programs Management in conjunction with the Head of Programs Underwriting

Required Skills/Experience:

• Strong work ethic and desire to achieve, grow and learn
• Exemplary oral and written communication skills
• Analytical, with a keen ability to think through complex issues
• Solid understanding of programs underwriting, the P&C business, underwriting and risk analysis principles and policy language 
• Strong customer service focus
• Able to organize and prioritize to meet multiple demands and commitments
• Strong work ethic and team player
• Effective negotiation skills
• Proficient in MS Word, Excel and Outlook

Education:

• Bachelor’s Degree
• Must have 3+ years of P&C insurance underwriting or broking experience

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For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

85,000 - 105,000 CAD

• Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.

• Arch is committed to helping employees succeed through our comprehensive benefits package that includes medical plus dental, vision and prescription drug coverage; a competitive retirement plan with generous matching; Vacation plus 4 Lieu Days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Off plus 8 Sick Days per year; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Maternity Leave top up of up to 18 weeks and Parental leave top up of 6 weeks; and Tuition Reimbursement.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

15200 Arch Insurance Canada Ltd.