Intermediate Underwriter :: Ref# FIS-UNDERWR-172
Employment Type:Permanent Full-Time
Description:Family Insurance has been offering our Auto and Home insurance products in B.C. for over a decade. Family Insurance is a Vancouver based member of The Economical Insurance Group. Economical Mutual Insurance Company is the insurer on all Family polices, Economical is one of the largest insurance companies in Canada, is 100% Canadian owned and was founded in 1871.
The function of the Intermediate Underwriter is to provide detailed underwriting and risk analysis for Family Insurances personal line products. As the Intermediate Underwriter you will respond to product/procedural questions from underwriters and brokers; providing guidance for complex new business, participate in post-loss underwriting reviews, and review claim referral cases in accordance with the Companys philosophy. The Intermediate Underwriter shares responsibility for risk selection, rating, and customer service with brokers and partners.
Accept, reject, endorse, renew or cancel contracts following company underwriting policies/procedures, applicable laws and regulations, based on assigned authority level
Answer inquiries and make recommendations to brokers through verbal and written correspondence
Responsible for guiding and directing brokers on the use of the functional application of the Companys point of sale system
Develop and maintain relationships with assigned broker group to develop a stable and profitable book of business
Understand and communicate underwriting business rules and guidelines
Participate in post-loss underwriting reviews and review of claim referral cases in accordance with Companys philosophy.
Provide training to brokers on underwriting matters; to junior underwriting staff on technical underwriting issues
Assist manager with special projects as assigned
Pro-active problem-solver and able to recommend solutions
Work independently and as part of a team
Interpret and effectively communicate complex information
Strong verbal and written communication skills across all communication settings
Understand insurance practices and principles, current market trends and the value of customer service relationships
Minimum 3 to 5 years experience with personal lines underwriting or related experience
CIP designation or actively pursuing a CIP designation or equivalent
Demonstrated knowledge of MS Office suite (Word, Excel, Outlook)
How to Apply:Submit your resume and cover letter to email@example.com. Include Ref# FIS-UNDERWR-172 in subject field. We thank you for your interest in advance, however only those under consideration will be contacted.