Posting Description:
Business Line: Personal Risk
Hours Per Week: 35 (Full-Time)
Location: Ontario - Hybrid Setting (https://www.nfp.ca/about-nfp/find-an-office)
Job Duration: Full-Time, Permanent
Wage Transparency: The base salary range for this position is $55,000 to $75,000. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. Actual base salary offered will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
About the Role
At NFP, our brokers provide clients with expert insurance coverage. We are looking for a Personal Lines Property Underwriter to support our brokers and grow our book within the Lloyd’s market.
The successful candidate will manage a portfolio of personal property risks within our standard and non-standard contracts, including homes, rentals, seasonals, condos and tenants packages. The UW will analyze risks and provide quotes for our home products while collaborating with internal brokers to provide fair and competitive rates that fit the client’s needs. They will also support other Underwriting functions within the Quality and Underwriting team as the need arises.
What You’ll Do
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Underwrite and provide quotes for new and renewal personal property risks, within delegated authority limits
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Help identify areas of concern regarding loss ratios, risk trends, or other discrepancies, applying remediation strategies as appropriate
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Manage the underwriting workflow from quote to policy issuance
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Analyze risks to identify fair and sensible solutions that fit within the program guidelines
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Maintain knowledge of industry trends, developments, and regulatory changes
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Apply underwriting guidelines, risk appetite, and sound judgement when reviewing submissions and making underwriting decisions
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Work closely with brokers and internal partners to gather required information, clarify risk details, and support timely underwriting outcomes
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Document underwriting decisions clearly and consistently to support transparency, file quality, and future reference
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Support the broader Underwriting team as needs arise, including assisting with file reviews, workflow priorities, coverage questions, risk assessments, process improvements, and cross-team collaboration with brokers, claims, quality, and other internal partners
What You Bring
- Typically, five (5)+ years of professional experience within the insurance industry preferably with advanced knowledge of property underwriting
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Solid understanding of Property underwriting is preferred
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Knowledge of Lloyd’s underwriting practices is an asset
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Proven success in providing a high level of customer service in a fast-paced and challenging environment
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Strong written and oral communication skills
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Ability to analyze and convey summaries of complex issues; recognize alternative approaches and develop action plans, both orally and in written form
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Remarkable collaboration, negotiation and influencing skills
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Ability to develop and maintain long-term relationships with brokers, clients and internal partners
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Proficiency in Microsoft Office - Outlook, Word, Excel
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Excellent attention to detail and sensible judgement
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Exceptional problem-solving, decision making and analytical skills
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Effective time management and organizational skills
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Professional designation such as CIP is an asset
Who We Are
NFP, an Aon company, is a multiple Best Places to Work award winner in Business Insurance who has also earned the 5-Star Diversity, Equity and Inclusion (DEI) award from Insurance Business magazine and the WORK180 employer endorsement. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach.
Our personal commitment to our team and our clients have created long-lasting and successful relationships across our growing 300+ Canadian, U.K, and U.S. office locations. To learn more, please visit https://nfp.ca
What’s In It For You
NFP’s PeopleFirst culture offers a multitude of benefits to employees and is a great place to call home.
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A hybrid environment approach that keeps the best interests of our staff and our clients in mind
- Annual bonus plan for all employees
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Matching RRSP plan of 5% of salary
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Referral Commission Plan
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Generous benefits plan including Health Care Spending Account starting on the first day of employment
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Full support for continuing education & internal opportunities to grow as an insurance professional to advance career
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Reimbursement of license fees and professional membership dues
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A global team of industry leaders focused on employee retention, client growth, industry innovation and collaboration
Our employees are the foundation of our success.
NFP is a big company — a growing, inclusive team of individuals supporting each other’s passions and engaging with the community.
Building a diverse, collaborative and innovative team requires leadership, deliberate action, and ongoing measurement. We actively support the well-being of our employees with benefits and programs driven by recognition, community, financial wellness tools, development and inclusion, fostering personal and professional growth that keeps us moving forward.
Beyond our office walls, we’re dedicated to serving the community around us. Every day we make proactive choices to take care of the communities in which we live and work. We contribute to different organizations, including Women in Insurance Cancer Crusade (WICC), Food Banks Canada, Indspire Canada and many more. From charity drives and community service outings to other company-sponsored events, our employees donate their time and raise funds on behalf of great causes across the country.
Our business is built on the personal level. Whether it’s in our offices, on a call, out in the field or anywhere you can find us in the world, we’re starting the conversations that create a more secure future for everyone.
Accommodations are available on request for candidates taking part in all aspects of the selection process.
Artificial Intelligence Disclosure: A.I. is not being used to screen, assess, or select applicants for the position.
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