Commercial Underwriter II (6 Month Term)

LOCATION: Manitoba/Saskatchewan (Hybrid/remote).

SCHEDULE: Full-time - 6 Month Term.                 

REPORTS TO:  Commercial Underwriting  Supervisor      

DIRECT REPORTS: N/A

COMPANY PROFILE:                                                               

Red River Mutual is a progressive insurance company with a focus on our customers and employees. We believe everyone has a right to feel safe and protected, and to know that someone is looking out for them.  So we treat our employees like family members – we’ll be honest with them, support them, offer a listening ear, admit when we’re wrong and be a positive force in their lives and in our communities.

PURPOSE OF POSITION:

This position is responsible for underwriting moderate to complex property/casualty policies to contribute to a profitable portfolio of business within Manitoba and Saskatchewan. They contribute to achieving projected objectives for brokers by monitoring and controlling quality of business underwritten. This position involves working closely with a group of brokers to leverage a strong relationship in creating new business opportunities.

KEY RESPONSIBILITY AREAS:

Underwriting:

• Review, quote and manage commercial mid-market requests for new business, endorsements, and renewals.
• Assess risk and apply effective underwriting practices to maximize profitability.
• Consult with management in unique risk scenarios to maintain quality and risk selection outside of established authority levels.
• Implement and negotiate facultative reinsurance.
• Influence the development and deployment of commercial lines products.
• Maintain knowledge of current market and industry trends, pricing levels and policy form amendments.
• Monitor review and report on activity and results.
• Request inspection based on Loss Prevention Guidelines
• Various projects/initiatives as required.
• Assist in training and mentoring of underwriters I.

Customer Service:

• Participate in insurance industry events and broker visits.
• Provide and maintain excellent levels of customer service.
• Frequent travel to broker offices to conduct in-person meetings.
• Cultivate relationships with brokers and reinsurance partners.
• Work cross-functionally within Red River Mutual departments (marketing, human resources, broker relations, loss prevention, claims etc.)   

QUALIFICATION AND SKILLS:

• 3-5 years’ underwriting experience or 5 years brokerage experience.
• Post Secondary education is considered an asset.
• CIP designation or working towards and/or equivalent qualification.
• Experience in all aspects of commercial lines underwriting and risk assessment.
• Experience in customer service.
• Proven leadership, teamwork and collaboration skills.
• Ability to work independently.
• Strong written and oral communication and presentation skills.
• High level of organization and attention to detail.
• Planning, analysis and problem-solving skills.
• Ability to adapt and innovate.
• Effective negotiating, judgment and decision-making skills.
• High stress tolerance.
• Valid Class 5 Driver’s License