Commercial Underwriter - Toronto, Canada - Zensurance

Zensurance

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Zensurance is a scale-up InsurTech company that is disrupting the commercial insurance market.

At Zensurance, we want to empower small businesses across Canada to thrive by offering an honest, simplified, and modern approach to insurance.

Our main recipe is a combination of modern technology and insurance industry expertise powered by our talented team members.

Being a technology-forward company, we utilize various tools and platforms to create fun, engaging and meaningful work experiences for our employees, as a remote-first company.

We are boldly going where no insurance broker has gone before

Our underwriting team focuses on automating excessive administrative and data entry tasks to allow our underwriters to focus on building strong relationships with their brokers and insurance partners.

Utilizing data and insights, you will be responsible for maintaining and growing our underwriting authority by binding policies through our internal facilities.

This is a remote role, and the team member can work from anywhere in Canada. #LI-Remote

Responsibilities:

Own referral underwriting of multiple lines of business, including professional lines and medical malpractice.
Work closely with the broking team to provide quotes, guidance and place risks within our inhouse facilities.
Partner with the Insurance Analytics team to review Zensurance's binding authority programs.
Have access to program data in realtime to understand current performance and make datadriven recommendations in terms of expanding authority.
Negotiate with partner insurers on terms and conditions that fall outside our authority.
Proactively identify causeandeffect relationships and explore alternative solutions to support sound decisionmaking.
Maintain data integrity to support the underwriting processes and help the team's objectives.
Adhere to underwriting standards and good practices to minimize risk.
Ensure full understanding of inhouse program underwriting requirements, including endorsements and limits.
Assist in auditing inhouse policies for adherence to our underwriting guidelines.
Own referral underwriting of multiple lines of business, including professional lines and medical malpractice.
Assist with wording comparisons across different insurance companies.
Partner with Senior Underwriters, Underwriting Specialists and the Director of Underwriting in the process of evaluating new program opportunities, creating the desired underwriting guidelines, and comparing current coverage offerings in the market.
Keep up to date with industry trends to deliver excellence in underwriting and continuously build expertise.
Where appropriate, escalate difficult or complex items and customer complaints or inquiries to Senior Underwriters or the Director of Underwriting.
Perform other duties as assigned.

Requirements:

University degree or college diploma in a recognized technical, vocational or academic program or equivalent work experience.
Minimum 1 year of commercial underwriting experience.
Technical underwriting experience in professional services and or medical malpractice risks.
Working towards or completing of CIP/ CAIB/ CRM courses would be considered an asset.
Indepth knowledge of Commercial wording and pricing.
Advanced MS Office Suite, including Word, PowerPoint and Excel.
Proficiency with Google Workspace, Zoom and Slack, or similar office tools.
Proficiency with Adobe and Salesforce.
Exceptional problemsolving and analytical skills.
Able to communicate effectively with stakeholders, both verbally and written.
Able to collaborate with team members and take the lead in group settings.
Ability to maintain confidentiality and exercise discretion.

Perks we offer at Zensurance:

Opportunity to work for Canada's fastestgrowing #insurtech scaleup
Primarily remote work environment available to everyone
Laptop, extra monitor and main accessories are provided
Extra home office and supplies allowance to help with workfromhome set up
Comprehensive and flexible health and dental plans to suit all lifestyles, including mental health
Health/Personal Spending Accounts to subsidize your healthy habits and purchases
Parental Leave Top Up
Work from anywhere opportunities up to 60 days per occurrence
Weekly Friday companywide huddles for casual catchups with other departments
Build nextlevel relationships with your peers through scheduled companywide virtual and inperson teambuilding events
Be a part of something special.

We are confident you won't find any other insurance company like us :
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Who we are. What we're building.
Business is hard work, insurance doesn't have to be

At Zensurance we believe that

teamwork makes the

dream work.

We are passionate about providing business owners with the best insurance solutions at great rates through an online and easy-to-use platform.

Our secret sauce is all about our culture. H