Senior Underwriter
hybrid
38 East Main Street, Welland, Ontario, Canada, L3B 3W3
full-time . June 21, 2024
Description
Billyard Insurance Group (BIG) is a leading force in the insurance industry, committed to attracting the best insurance professionals and equipping them with cutting-edge technology, tools, and unwavering support to thrive in today's dynamic insurance landscape. With a strong presence and continuous growth, we boast over 80 locations across Canada. Our dedication to excellence has earned us prestigious recognition, including being featured on Insurance Business Canada's esteemed Top Brokerages list for the past three years and securing a spot as one of Canada's Top Growing Companies in the renowned Globe and Mail's Report on Business. At Billyard Insurance Group, our mission is clear: to establish a nationally recognized insurance brokerage brand that empowers brokers and leads the digital insurance revolution.
The Senior Underwriter is responsible for completing an in-depth evaluation of new business submissions, as well as uploading the new business to our valued market partners through their company portal. This position stays updated with industry regulations and market trends to effectively manage risks and comply with legal standards to ensure adherence to underwriting guidelines, market appetite, while maintaining the highest level of professionalism and accuracy.
What does the Senior Underwriter do?
- Evaluates and analyzes insurance applications to determine risk, eligibility, and completion
- Ensure Brokers are strictly following BIG & Market underwriting guidelines and that the submissions are timely and accurate
- Demonstrate excellent customer service when interacting with all Brokers & Market Partners
- Process an average of 15 submissions daily, ensuring all New Business is uploaded within 5 business days
- Address Broker or Market escalations, attempting to deescalate the situation & resolve the issue
- Handles Administrative tasks associated with the Underwriting Team, when required (Change of Broker Codes, Binder List, etc.)
- Initiate contact with our brokers to obtain any missing information or documentation required for the submission.
- Initiate outgoing phone calls to our market partners with submission inquiries
- Address, and ensure any submission inaccuracies are amended
- Monitor & action emails, voicemails, phone calls, and Teams messages
- Onboard & train or facilitate the training of new Underwriters
- Onboard & support team members in training of Underwriters
- Assist the Assistant Underwriting Manager to complete tasks or projects, as needed
- Participate in Underwriting team meetings, as needed
- Participate in Personal Lines team meetings, as necessary
Does this sound like you?
- Highly developed verbal and written communication skills with the ability to respond in a clear, concise, and professional manner
- Excellent organizational and time management skills
- Strong understanding of Insurance Act
- Comfortable making decisions independently
- Ability to manage workload effectively, especially during times of high activity and tight timelines
- Ability to motivate and lead a team
- Strong attention to detail
Qualifications:
- Completion of secondary education diploma or equivalent
- A minimum of at least 3+ years of experience working as a Personal Lines underwriter
- 1-2 years’ experience managing others
- Post-secondary education in Insurance, Business/Office Administration, Economics, Law, Finance, or related field an asset
- RIBO license an asset
- Chartered Insurance Professional (CIP) professional designation an asset
- Canadian Accredited Insurance Broker (CAIB) professional designation an asset
What We Offer
- People-focused company culture
- Comprehensive benefits including medical, vision, dental, and Employee Assistance Program (EAP)
- 3 weeks’ of paid vacation in the first year of employment; 4 weeks’ in year 2
- Birthday day off
- Hybrid work from home / in-office environment
- Retirement savings programs, with company-matched RRSP contributions
Our Commitment to Diversity, Inclusion and Belonging
Billyard Insurance Group is committed to building a transparent environment where everyone feels heard, welcomed, and included. We believe Diversity, Inclusion, and Belonging are fundamental in our vision to be the leading insurance platform in Canada. BIG is a proud, equal-opportunity workplace that is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, or gender identity.
Our Commitment to Accessibility
Billyard Insurance Group is committed to developing an inclusive, barrier-free recruitment process and work environment. Should you require any accommodation, please inform us and we will work with you to meet your accessibility needs. For any accessibility-related assistance, requests for information in accessible alternative formats or to report any accessibility problems, please contact us at recruitment@thebig.ca or 905.346.2190 ext. 10212.