Financial Products Underwriter - Bilingual French and English

Great American Insurance Group - Toronto, ON (5 months ago)

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Be here. Be great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group, a member of American Financial Group, is a Fortune 500 company consistently recognized as a top place to work. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty property and casualty operations and a variety of financial services, there are always opportunities here to learn and grow.

Our Executive Liability Division underwrites Directors’ and Officers’ Liability Insurance, Employment Practices Liability Insurance, and Fiduciary Liability Insurance for public, private and not for profit companies.

The Executive Liability Division is searching for an Underwriter for our office located in Toronto, Ontario. The role of the Underwriter is to market, underwrite and produce profitable business. The position will entail marketing, and underwriting new and renewal business in accordance with Company objectives and policies. The Underwriter must have the ability to relate to people easily in order to develop effective customer partnerships. Must be bi-lingual in English and French. Please note that “fluent” means you must be able to speak, read and write in both languages.

Responsible for an assigned book of business in which account information is evaluated, underwritten and priced within authority guidelines. Has responsibility for risk selection/rejection, retention, growth and profitability within scope of authority and per divisional objectives.
The position requires the ability to assess a variety of transactions (including IPO’s, mergers and acquisitions, bankruptcy emergence), life cycle phases (from start-up to mature/declining) and levels of sophistication (sole proprietorships to Fortune 500)
The underwriter is expected to perform in depth financial statement and securities valuation analysis of prospective risks and make recommendations on pricing and terms consistent with underwriting guidelines.
Maintains a high level of customer service. Communicates directly with Brokers to develop and maintain strong relationships. Promptly issues quotes, policies and endorsements.
Degree/Diploma in Business or equivalent business experience. Analytical skills; comfortable reading and analyzing financial statements.
6 months to 3 years of industry experience preferred.
Must be bilingual in French and English (able to speak, read and write in both languages).
Proficient in MS Word, Excel, and Outlook.
High level of organizational skills, ability to establish priorities and meet deadlines.
Strong verbal and written communication skills and have the ability to relate well with people in order to leverage excellent customer relationships.
Must be open to travel, including occasional overnight travel.