IG
Team Lead, Commercial Underwriting
Insight Global · Etobicoke, ON, Canada · $110,000 to $150,000 CAD / year
Team Lead, Commercial Underwriting
$110,000 to $150,000 CAD / year · Contract
Within 25 km of Vaughan · About 22.1 km from the city centre
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Job details
- Pay
- $110,000 to $150,000 CAD / year
- Job type
- Contract
- Posted
Original job description
Required Skills & Experience
• Bachelor's Degree in a relevant field
• One or more of the following designations: Fellow Chartered Insurance Professional (FCIP), Chartered Insurance Professional (CIP), Canadian Risk Management (CRM)
• 7+ years of Commercial Underwriting experience
• 1+ years of Hospitality-specific commercial underwriting (Underwriting for liquor licensed restaurants, bars, food trucks, etc.).
• 3+ years of underwriting management experience (leading direct reports).
• Proficient in Microsoft Office Suite (Word, Excel, Outlook).
Strong broker negotiation skills
Nice to Have Skills & Experience
• Brokering license (RIBO ideally)
Job Description
Key Responsibilities:
Provide day-to-day leadership and support to team members.
Serve as a subject matter expert for Hospitality underwriting.
Lead team performance through coaching, development, and performance appraisals.
Conduct risk assessments and underwriting tasks within established guidelines.
Coach brokers and enhance underwriting capabilities.
Maintain portfolio profitability through risk analysis and recommendations.
Negotiate policy terms and rates with clients.
Foster positive relationships with brokers and promote business development.
Ensure proper file documentation and technical knowledge development.
Support team innovation and collaboration.
Role Expectations:
Foster a collaborative team culture and provide constructive feedback.
Remove obstacles to team success.
Participate in hiring and talent development.
Lead the team to achieve business results and manage operational needs.
Define technical development priorities and identify training needs.
Requirements:
Strong leadership, coaching, and mentoring skills.
Thorough understanding of insurance industry operations and strategies.
More about this job
Responsibilities
The Team Lead will lead and coach underwriting team members, conduct risk assessments and negotiate policy terms with clients. They will also maintain portfolio profitability and build relationships with brokers.
Requirements
Candidates need a bachelor's degree, an FCIP, CIP or CRM designation, 7+ years of commercial underwriting and 1+ year of hospitality underwriting. They also need 3+ years of underwriting management experience and strong broker negotiation skills.
Skills
- Commercial underwriting
- Hospitality underwriting
- Risk assessment
- Underwriting guidelines
- Broker negotiation
- Policy terms and rate negotiation
- Team leadership
- Coaching
- Mentoring
- Performance appraisals
- Hiring and talent development
- Training needs analysis
- Portfolio management
- Profitability analysis
- Business development
- File documentation
- Insurance industry knowledge
- Microsoft Excel
- Microsoft Word
- Microsoft Outlook
- Microsoft Office Suite
Categories
- Insurance
- Finance & Accounting
- Management & Leadership
Keywords
- commercial underwriting
- underwriting team lead
- hospitality underwriting
- liquor licensed restaurants
- bars
- food trucks
- insurance underwriter
- team leadership
- coaching
- mentoring
- performance appraisals
- risk assessment
- broker negotiation
- policy negotiation
- FCIP
- CIP
- CRM
- RIBO
- Microsoft Office
- Excel
Tools
- Microsoft Word
- Microsoft Excel
- Microsoft Outlook
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