Description The Opportunity

This position is a Commercial Underwriter responsible for driving profitable growth by assessing and making decisions on recent business submissions, policy renewals, and endorsements, with a focus on Commercial Property Insurance. The role involves applying established underwriting guidelines and judgment to evaluate moderately complex risks, working under the guidance of senior team members.

Key responsibilities include building and maintaining strong relationships with brokers, providing exceptional customer service, and acting as a key point of contact for inquiries. The underwriter will effectively use policy administration and quoting systems to manage transactions, document decisions, and ensure data integrity. The ideal candidate will have 2-3 years of underwriting experience (commercial preferred), strong analytical and communication skills, and a collaborative, professional demeanor.

What to Expect

- Assesses risks and accepts, declines, or amends new business submissions, policy endorsements, renewals, etc.
- Understands and aligns decision making to Economical's Line of Business and segmentation strategies
- With some guidance, develops solutions to achieve profitable growth targets
- Leverages tools, resources and reports to appropriately evaluate risks and make effective Underwriting decisions
- Applies Underwriting judgment and relies on the guidance of senior staff and his/her Team Leader to process moderately complex risks effectively in accordance with Economical's corporate policies, Underwriting guidelines, standard operating procedures, and Line of Business and segmentation strategies




- Knows how and when to leverage Underwriting Technicians and when to refer or escalate specific transactions/issues to more senior Underwriting stakeholders, as required
- Reviews Claims activity and takes appropriate action within his/her Underwriting authority level, as required

Customer Experience

- Contacts Brokers, where required, to request additional information, communicate risk acceptances and terms, declines as well as quote follow ups (where applicable) to achieve target hit ratios - Provides exceptional service to Brokers for all interactions, and seeks to add value in every Broker interaction
- Acts as a point of contact for inquiries related to Commercial Property Insurance
- Routes/escalates Broker inquiries to alternative points of contact within Economical to enable effective and prompt resolution of inquiries, where appropriate
- System Expertise
- Effectively manages multiple transactions within the policy case management system, leveraging system functionalities to appropriately route and document processing of transactions
- Demonstrates deep understanding of the policy administration systems and quoting systems and how functionalities can be used to best respond to Broker inquiries and needs,



and completes all the required documentation in the system
- Applies knowledge of document management to access most up-to-date materials, guides and/or tools

What you Bring

- Professional Designation: Completion of the CIP (Chartered Insurance Professional) designation (known in Quebec as PAA – Professionnel d’assurance agréé) is required or considered a strong asset.
- Fluent in French and English required
- Excellent customer service skills. Interacts in a way that demonstrates genuine concern and respect for others
- 2- 3 years of underwriting experience insurance; commercial underwriter experience is preferred
- You’re professional, friendly and courteous in all your interactions, whether with customers or co-workers.
- You perform well in a busy operation and remain calm under pressure.
- You’re a team player who is adaptable to a changing environment.
- You have strong written and verbal communication skills.
- Your organization and time management skills are exceptional.
- You have excellent analytical and problem-solving skills.
- Excellent Sales Competencies
- Communicates ideas and concepts effectively, both verbally and in writing
- Demonstrates a team behavior including conflict resolution, personal and team accountability and commitment
- High level of initiative, self-motivated, and able to work independently
- Demonstrated ability to influence others

Salary Range: $51,300 - $94,400

High degree of proficiency with English required to service customers, both internal to the company and external, across Canada.

📌 Underwriter, Small Business (Montreal)
🏢 Definity
📍 Montreal