Jobs

    Insurance Commercial Underwriter - Canada - Aviva plc

    Aviva plc
    Aviva plc Canada

    5 days ago

    Default job background
    $71,000 - $130,000
    Description
    Senior Surety Underwriter page is loaded Senior Surety Underwriter
    Individually these are just words, but together they are our Values – Care, Commitment, Community, and Confidence.

    We have an excellent career opportunity with our Contract Surety team in Vancouver for a Senior Surety Underwriter position.

    Under the guidance of the Bond Manager, the Senior Contract Underwriter produces an underwriting profit and protects against losses by proper risk selection and underwriting of all types of fidelity and surety bonds, primarily contract bonds, within authority limit.

    You will be responsible for maintaining, practicing and implementation of the Contract Surety policies, guidelines, procedures and operating process' for an assigned book of business assigned contracting accounts and already accredited Brokers.

    Maintenance and improvement of the Surety Contract business through the adherence to Surety and Aviva Corporate Strategic Plan is a key aspect of the role responsibilities.

    This position is expected to generate contract surety revenue through direct contract surety accounts, account acquisition and retention targets and maintenance a loss ratio or the yearly parameter set in the strategic objectives.

    This position has an increased level of complexity of accounts and business related issues than a Contract Surety Underwriter that could have a substantial financial impact both negative and positive on the performance of the department.

    The position is also responsible for providing mentoring and underwriting support to Contract Surety Underwriters.

    This position is responsible for the maintaining, practicing and implementation of the Contract Surety policies, guidelines, procedures and operating process' for the geographical area of responsibility including assigned contracting accounts and accredited Brokers of a higher complexity and reliance than the Contract Surety Underwriter.

    The position is further responsible for the maintenance and enhancement of the Surety Contract business through the adherence to Surety and Aviva Corporate Strategic Plan.


    Strategic Plan:

    Promotion of the short term Contract Surety Strategic plans through the implementation, monitoring and maintenance of the Contract Surety Strategic and Marketing plans to targeted and existing brokers, contractors and contracting accounts.

    Further to maintain enhance current surety relationships with key brokers and contractors under the supervision of The Contract Surety Supervisor.

    Assist where needed and required through policy, procedure, guideline, process interpretation, underwriting support and external business related issues to junior and other senior members of the department.

    5 years underwriting experience within a Surety organization to the comparable level of responsibilities, accounts and broker partners.
    ~ University Related Degree, preferably commerce, economics and or business co-op degree related educational background
    ~ Have a thorough knowledge of the issues and approaches to contract surety underwriting and business approaches, have a high degree of negotiating and presentation skills.
    ~ Have the ability to provide technical and business related assistance to other members of the department with emphasis on mentoring support to more junior members of the Surety Department.
    ~ This position requires a high degree of written and oral communication with external customers that require clear and concise responses given the high level of risk selection.
    ~ Compelling rewards package including base compensation, eligibility for annual bonus, retirement savings, share plan, health benefits, personal wellness, and volunteer opportunities.
    Employee driven programs focused on gender, LGBTQ+, origins, diversity and inclusion
    Corporate wellness programs to support our employees' physical and mental health
    Hybrid flexible work model

    Aviva Canada is committed to providing accommodations for people with disabilities during all phases of the hiring process including the application process.

    If you require an accommodation because of a disability, we will work with you to meet your needs.


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