Underwriting Technician, Full-Time New Graduate (September 2023 Start Date)

Definity is the parent company to some of Canada’s most long-standing and innovative insurance brands, including Economical Insurance, Sonnet Insurance, Family Insurance Solutions, and Petline Insurance. Our ambition is to be one of Canada’s leading and most innovative property and casualty insurers. We can’t do that without our people, so we embrace and encourage a culture that’s collaborative, ambitious, rewarding, and empowering.

We offer a flexible, hybrid work experience where employees work from the office and virtually depending on the type of work they are doing and who they are working with. Bring your true self and be a part of our journey. It’s better here.

YOUR NEXT STEPS AS NEW GRADUATES – 

From classroom to career, every step of your journey has an impact on your future. That’s why it makes sense to choose a company that offers truly rewarding work and real-life experience. At Definity®, your contributions, creativity, and energy will be put to good use, and you’ll get to be involved with initiatives that support our strategic goals and use your skills in a supportive team environment.

If you’re looking for a company that takes care of its people — full time and part time alike — and has a track record of doing big things, get ready to love it here.

Start Date: September 2023

Duration: Full-time position

What you’ll be doing

• Underwrite different types of transactions, including (but not limited to) renewals and policy changes depending on your level of authority.
• Work with the team to maintain a profitable insurance portfolio.
• Develop and apply knowledge of product solutions, types of risks and Economical processes.
• Provide exceptional service to broker partners in all interactions.
• Contribute to the achievement of established service level agreements and operational service level agreements.
• Constantly meet expectations in terms of production and quality of the subscription.
• Demonstrate an excellent understanding of underwriting guidelines and standard operating procedures, risk exposure factors, pricing structures, types of guarantees, reinsurance structures and hazards in order to assess risks. class and rate transactions.
• Ensure that insurance policies are priced according to company guidelines and that the rate is adequate in the relevant policy management system.
• Ensure compliance with provincial auto insurance regulations.
• Identify and escalate gaps in SharePoint, case management system, policy management systems and phone system performance, as well as help find opportunities for continuous improvement to maximize efficiency and broker experience.

What you bring 

• Completed high school diploma and relevant work experience.
• Preference will be given to applicants who have post-secondary credential (s) or the CIP designation.
• Preference will be given to applicants with experience in a commercial underwriting support position.
• Professional, friendly and courteous in all interactions, both with clients and colleagues.
• Ability to perform tasks well in a busy period and to maintain composure under pressure.
• Team spirit and ability to adapt well to a changing environment.
• Excellent written and verbal communication skills.
• Excellent organizational and time management skills.
• We also take potential into consideration. If you don’t have this exact experience, but you know you have what it takes, be sure to give us more insight through your application and cover letter.

Did you know?

• We care about our new graduates: Definity’s students are considered the best pipeline of talent for our full-time, permanent positions. 
• We care about students: Definity distributes $85,000 in scholarships to students across Canada each year. 
• We care about our community: Definity donates more than $1 million every year to causes that drive true change in the neighbourhoods in which we live and work. 

What can Definity offer you?

• Meaningful work forwarding our purpose of building a better world by helping our clients and communities adapt and thrive in their hardest times of need.
• Culture of accountability, empowerment, and collaboration.
• Opportunities to support personal and professional growth through real-life experience and unique learning opportunities. Our Leadership Essentials program builds knowledge and skills to Team Leaders to Directors
• Opportunity to join our employee groups - focused on women's empowerment, LGBTQ+, anti-racism and cultural equity, and environmental activism
• Determined to create positive change for our environment, our people, and our communities, now and in the future. Check our ESG work!
• Company share ownership program
• Pension and savings programs, with company-matched RRSP contributions
• Paid volunteer days and company matching on charitable donations
• Educational resources, tuition assistance, and paid time off to study for exams
• Wellness and recognition programs
• Discounts on products and services

Visit www.definityfinancial.com to learn more about us and what we’re up to. 

Work Location: Hybrid – any location  

 How to apply: Submit a cover letter, resume, and transcript   

We also take potential into consideration. If you don’t have this exact experience, but you know you have what it takes, be sure to give us more insight through your application and cover letter.

Go ahead and expect a lot — you deserve it, and we’ve got it: 

• Hybrid work schedule for most roles
• Company share ownership program
• Pension and savings programs, with company-matched RRSP contributions
• Paid volunteer days and company matching on charitable donations
• Educational resources, tuition assistance, and paid time off to study for exams
• Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents
• Wellness and recognition programs
• Discounts on products and services

Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know by contacting: [email protected]

Background checks
This role requires successful clearance of a background check (including criminal checks and leadership references).

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