About Company
Ready to shape the future of risk assessment? Career.zycto offers a dynamic and supportive environment where Commercial Underwriters thrive. We empower our team members to leverage their analytical prowess and strategic insight, making significant contributions to our diverse portfolio. Join us to refine complex underwriting strategies, work alongside innovative minds, and grow your career in a collaborative setting that values expertise and continuous learning. We believe in fostering an inclusive culture where every underwriter can achieve their full potential and impact business success.
Job Description
Career.zycto is actively seeking a highly skilled and experienced Commercial Underwriter to join our vibrant team in Downtown Milton. In this pivotal full-time role, you will be instrumental in evaluating, assessing, and pricing commercial insurance risks across a diverse range of industries and business sizes. We are looking for a professional who possesses a keen analytical mind, a deep understanding of commercial insurance products, and an unwavering commitment to accuracy and strategic thinking. You will be responsible for meticulously reviewing applications, analyzing financial statements, and assessing various risk factors to make informed underwriting decisions that align with our company’s risk appetite and profitability targets. This position offers a unique opportunity to contribute to our growth strategy, engage with brokers, and play a crucial role in building robust and sustainable client relationships. If you are passionate about risk management, excel in a fast-paced environment, and are eager to apply your expertise to complex commercial challenges, we encourage you to apply and become a vital part of our success story.
Key Responsibilities
- Evaluate commercial insurance applications, assessing risk exposures and making sound underwriting decisions.
- Analyze financial statements, credit reports, and other relevant data to determine risk eligibility and appropriate pricing.
- Negotiate terms, conditions, and pricing with brokers while adhering to underwriting guidelines and company policies.
- Develop and maintain strong relationships with insurance brokers and clients, providing exceptional service and technical support.
- Identify opportunities for process improvement and contribute to the development of new products or underwriting strategies.
- Ensure compliance with all regulatory requirements and internal underwriting standards.
- Collaborate with claims, actuarial, and sales teams to provide comprehensive solutions and support business objectives.
- Provide mentorship and guidance to junior underwriters or support staff as needed.
Required Skills
- Minimum 3 years of experience in commercial underwriting.
- Strong analytical and problem-solving abilities.
- Excellent negotiation and communication skills (written and verbal).
- Proficiency in risk assessment and financial analysis.
- Demonstrated knowledge of commercial insurance products, coverages, and policy language.
- Ability to work independently and manage a diverse book of business.
- Proficient in Microsoft Office Suite (Excel, Word, Outlook).
Preferred Qualifications
- Bachelor's degree in Business, Finance, Economics, or a related field.
- Professional insurance designation (e.g., CIP, FCIP, CRM).
- Experience with various commercial lines segments (e.g., Property, Casualty, Auto, Professional Liability).
- Familiarity with local market dynamics in Ontario.
- Proven track record of managing complex accounts and achieving profitability targets.
Perks & Benefits
- Competitive salary and performance-based bonuses.
- Comprehensive health, dental, and vision benefits package.
- Generous paid time off and holiday schedule.
- Opportunities for professional development and continuous learning.
- Employer-matched retirement savings plan.
- Supportive and collaborative work environment.
- Modern office space in vibrant Downtown Milton.
- Employee assistance program.
How to Apply
Eager to advance your career as a Commercial Underwriter with a forward-thinking company? Please click on the application link below to submit your resume and cover letter directly. We look forward to reviewing your qualifications!
