Personal Lines Underwriter II

Overview

Personal Lines Underwriter II - Waterloo, Ontario. The purpose of this role is to underwrite and manage a portfolio of business by assessing and negotiating medium complexity renewals, endorsements, and new submissions. The incumbent will apply sound underwriting judgment and company philosophy to evaluate risk, set appropriate terms and conditions, and ensure compliance with regulatory standards.

• Underwrite and negotiate medium complexity renewals, policy endorsements, and new business.
• Gather background information on potential customers and analyze all relevant data to determine risk levels.
• Prepare terms and conditions of insurance policies.
• Underwriting portfolio management, working within the company operational plan to understand and apply underwriting philosophy to write a profitable book of business.
• Provide exemplary customer experience and manage the development of internal and external stakeholders.
• Negotiate terms and conditions of risk acceptance with brokers.
• Ensure day-to-day underwriting practices conform to all necessary regulatory obligations.
• Product and pricing management, understanding and implementing company marketing strategies; assist management in development of products, pricing, and services.
• Identify and communicate trends to management.
• Participate in, or provide, training and development initiatives.
• Prepare the terms and conditions of insurance policies.

• Experience with in the insurance industry with a solid understanding of Personal Lines contracts.
• Proven decision-making and analytical skills, including the ability to grow business profitability through assessment and analysis of individual risks.
• Post-secondary education or equivalent experience.
• CIP designation is preferred.
• Previous experience in underwriting and rural business, dealing with or as a broker would be an asset.

• Join a supportive team that values knowledge sharing and collaboration.
• Comprehensive total rewards package including health and wellness benefits, pension plan, paid time off, and more.
• Career growth and development opportunities.
• Make an impact by helping customers navigate challenging situations with empathy and expertise.
• Inclusive culture that embraces diversity, equity, inclusion and belonging.

At Heartland Mutual Insurance, you’re empowered to thrive. We’ve got you covered.

• Entry level

• Full-time

• Finance and Sales

• Insurance