Construction Undwriter

  • Company:
  • Location:
  • Salary:
    negotiable / monthly
  • Job type:
  • Posted:
    3 months ago
  • Category:
    General Labour

Construction UnderwriterAONis looking for a Construction Underwriter with experience writing Course of Construction, Liability Wrap and Contractors business.Primary Duties• Strong understanding of the Canadian Construction marketplace including strong working knowledge of policy wordings, appropriate covers and rating• Underwrite new business and renewal business according to guidelines and authority limits. Refers files along with summary and recommended course of action for those accounts outside of underwriting authority and exceptions to guidelines.• Ability to work collaboratively with brokers, account executives and markets to ensure positive underwriting outcomes• Ability to underwrite to ensure profitability• Assist in developing, enhancing and maintaining underwriting protocols, including recommendations on rating, pricing and wording.• Negotiates and binds terms, conditions and premium for new and renewal accounts within individual assigned portfolio and authority level.• Responsible for production to generate new business opportunities and retain existing accounts in accordance with the established business goals and targets• Maintaining bordereau’s and logs as required by binding authorities for the purposes of policy and aggregate tracking and claims management.• Provide forecasting for new and renewal business under designated binding authorities.• Participates in self-development activities to improve or develop knowledge of underwriting or business-related subjects.• Maintain strong working relationships with insurers and capital providers• Keep up to date on changes in the marketplace and with competitorsQualifications & Experience• College Diploma/University degree• RIBO license/ Level 2 broker license is a must (or to be acquired within 6 months of joining)• CIP designation would be an asset• Minimum 5 years or more experience in Commercial Property/Casualty underwriting with experience underwriting Builders Risk, Wrap Up and Contractors lines of coverage.• Preference will be given to candidates with experience in an MGA or Insurance Company• Sound knowledge of policy wordings.• Strong analytical, mathematical, decision making and negotiating skills• Excellent interpersonal and communication skills.• Proficient computer skills in: MS Word, Excel• Aggressive, committed team player.• Automobile underwriting experience and bilingual English/French an asset.• Works independently and makes decisions on individual risk selection and acceptance.• Willing to travelWe offer youAcompetitivetotal rewards package, continuing education & training, and tremendous potential with agrowingworldwide organization.Our Colleague Experience:From helping clients gain access to capital after natural disasters, to creating access to health care and retirement for millions, Aon colleagues empower results for our clients, communities, and each other every day. They make a difference, work with the best, own their potential, and value one another. This is the Aon Colleague Experience, defining what it means to work at Aon and realizing our vision of empowering human and economic possibility. To learn more visit Aon Colleague Experience.About Aon:Aon plc (NYSE:AON)is a leading global professional services firm providing a broad range of risk, retirement and health solutions.Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.By applying for a position with Aon, you understand that, should you be made an offer, it will be contingent on your undergoing and successfully completing a background check consistent with Aon”s employment policies. Background checks may include some or all of the following based on the nature of the position: SSN/SIN validation, education verification, employment verification, and criminal check, search against global sanctions and government watch lists, fingerprint verification, credit check, and/or drug test. You will be notified during the hiring process which checks are required by the position.Aon is committed to a diverse workforce as an Employment Equity employer (Women, People with Disabilities, Aboriginal Peoples, and Visible Minorities).DISCLAIMER: Nothing in this job description restricts management”s right to assign or reassign duties and responsibilities to this job at any time.