Senior Underwriter-Financial Lines

The Opportunity

We are currently seeking a highly motivated and experienced Senior Underwriter, Financial Lines to join our team. Reporting to the Managing Account Executive, you will be responsible for producing and underwriting new and renewal Private and Non-Profit (PNP) business, driving profitable growth, and managing a specialized portfolio of Financial Lines products specifically for the Québec market. 

In this pivotal role, you will act as a key representative of Definity in the market, building and maintaining robust relationships with our broker partners, and delivering exceptional service and expertise. You will also serve as a local expert and a mentor for other team members in the region.

What to Expect

• Assess, price, and negotiate terms on complex new and renewal Financial Lines business in accordance with Definity’s underwriting guidelines.

• Make appropriate decisions within your underwriting authority and provide sound recommendations to leadership.

• Continuously manage your book of business to maintain quality and achieve superior financial results (premium, loss ratio, retention) and ensure all underwriting documentation is accurate and adheres to company standards.

• Develop and execute strategic sales plans to achieve business objectives with your assigned brokers in Québec, while cultivating and managing strong, proactive relationships with key broker partners through a high level of visibility and a disciplined sales management approach.

• Actively identify and pursue new business opportunities and cross-sell other Definity products while demonstrating superior customer service standards, including quick response times and deep product knowledge.

• Monitor industry trends, legal developments, and competitor activities within the Professional and Management Liability space, acting as a local, regional, or industry resident expert and capitalizing on market opportunities unique to Québec.

• Provide guidance, technical support, and mentorship to junior underwriters and support staff within the team, while actively participating in and leading regularly scheduled sales meetings.

   

What You Bring

• Minimum of 5 years of commercial/financial lines underwriting experience, with a strong preference for experience in Private and Non-Profit liability.

• University degree, preferably with a focus in Commerce, Economics, Finance, or Accounting.

• CIP, FCIP, or RPLU designation (or actively working towards completion) is strongly preferred.

• Thorough understanding of Financial Lines policy wordings, pricing models, risk assessment techniques, and current insurance trends.

• Exceptional negotiation, presentation, and communication skills tailored to building strong broker relationships.

Salary Range:$107,800-$157,800