Senior Underwriter, Equipment Breakdown

Company: Sovereign Insurance
Department: Special Lines
Employment Type: Regular Full-Time

Language: Bilingualism in English and French is required.

Work Model: (2days/week in office)

The Opportunity:

As a wholly owned subsidiary of the Cooperators General Insurance company, Sovereign Insurance believes your experience matters. This is our promise to not only our clients but to our employees as well, because we know the strength of our company starts with our people. The smart, curious and collaborative people who bring their whole heart and passion to work each day. But you can't pour from an empty cup; we take care of the well-being of our people so that they are inspired to protect Canadian businesses and the lives, families and communities we impact. Join us and begin shaping your experience at Sovereign.

Reporting to the Manager, Equipment Breakdown, the successful candidate will use their technical skills along with strong business acumen to grow brand presence. The individual will be looked upon to build a book of business while working closely with the other line of business teams to provide clients with a comprehensive insurance solution. The ability to work independently, as well as collaboratively in a team, is paramount, as is the passion to develop creative ideas in seeking out new opportunities.

How you will create impact:

• Building the brand. Developing positive and constructive relationships with brokers and business partners with a focus towards expanding market penetration.
• Establishing and maintaining strong relationships with key clients to deliver account support, and customized client focused proposals.
• Underwriting and quoting new business and renewals in accordance with our underwriting philosophy and guideline, rating, loss ratio objectives, service standards to ensure a profitable book of business within established authority levels.
• Working with partners and peers to prepare quotations and negotiate coverage or rates as applicable, offering creative solutions that offer a mutually beneficial outcome.
• Actively monitor progress towards personal and business targets / goals.
• Support continuous improvement and product development by providing constructive feedback and insights on product offerings, tools and/or resources.

How you will succeed:

• You thrive on delivering our exceptional client experience through positive and engaging relationships; embracing accountability to achieve effective results and meaningful solutions.
• You actively seek out learning opportunities to support development and growth.
• You ensure your day-to-day actions are in harmony with the company's purpose, vision, and values even when challenged.
• Your competitive nature helps to drive you to successfully meet goals.
• You will support others through changing conditions and encourage the exploration of new opportunities or innovations.
• You value cooperative and collaborative dialogue because diverse perspectives offer more creative and productive solutions.

To join our team:

• An Insurance designation (or working towards) CIP/CRM is an asset.
• A minimum of 5 years of underwriting or broker experience in the commercial insurance space
• Proven experience working in the Equipment Breakdown, Construction, Manufacturing, and/or transportation and logistics segments
• Must be fully bilingual (French/English)

What you need to know:

• Detail oriented work that requires a high degree of concentration and versatility for extended periods of time.
• You will handle sensitive information where a high degree of confidentiality and discretion is required.
• You will be required to adhere to our hybrid work model, with a minimum of 2 days in office per week
• You may travel occasionally locally and across Canada

What's in it for you?

• The opportunity to take on challenging work and contribute your expertise, creativity, and passion in meaningful ways.
• A comprehensive total rewards package, including competitive salary, bonus, paid time off, pension and benefits.
• A holistic approach to your well-being, with physical and mental health programs and flexible work options.
• The opportunity to work on an inclusive team who inspire each other to explore and achieve what's possible.
• An organizational commitment to sustainability and charitable giving; positively impacting the social, environmental and economic well-being of Canadian businesses, families and communities.