Senior Advisor, Corporate Underwriting & Coverages – National Personal Lines

Desjardins • Aurora, CO

6d • Hybrid

About The Position

As a senior corporate underwriting advisor, you help define the corporate appetite through assessment and development of underwriting rules and guidelines on a national basis, across all distribution channels, to create an outstanding client experience while managing our profit and loss. You play an active role in the development of personal lines insurance solutions by being the owner of the product offers, their creation, development, and evolution and you leverage data to monitor and optimize our performance while continuously improving the quality of our offer, rules and products. You serve as specialist advisor and subject matter expert, as well as resource person and coach for decision-making bodies. More specifically, you will be required to: Own the development, execution and maintenance of personal lines insurance products Develop new coverages, new business rules, and leverage the use of applications to meet emerging member/client needs while supporting profitability Creation and maintenance of the pre-configured recommended insurance package offers Identify and establish insurance risks and intentions on a portfolio basis, and promote their understanding, interpretation and application by the operational sectors Maintain, update, and develop insurance wordings, documents and validation of legal insurance documents Oversee the realization of recommendations by adequately leveraging underwriting expertise and seeking support from our partners within the organization for the development of solutions in their area of expertise Continually monitor the existing book of business and market trends to ensure that our coverages and products continue to evolve to meet the current and emerging needs of our members and clients, while maintaining adequate controls Maintain an expert role in insurance within the organization by advising leadership, partners, and facilitating the transfer of knowledge to other departments of the organization when underwriting expertise is required Ensure that underwriting guidelines and products meet regulatory and compliance requirements and be responsible for all the provincial filing Liaise with decision-making and regulatory bodies that set industry rules and influence stakeholders with respect to insurance products and practices

Requirements

• Bachelor's degree in Business, Actuarial Science or Finance
• A minimum of seven years of relevant experience in property and casualty
• Experience in Omni-channel client and the digital channel shift
• CIP, FCIP or CRM designations
• Ambiguity, Collaborates, Decision quality, Resourcefulness, Strategic mindset

Responsibilities

• Own the development, execution and maintenance of personal lines insurance products
• Develop new coverages, new business rules, and leverage the use of applications to meet emerging member/client needs while supporting profitability
• Creation and maintenance of the pre-configured recommended insurance package offers
• Identify and establish insurance risks and intentions on a portfolio basis, and promote their understanding, interpretation and application by the operational sectors
• Maintain, update, and develop insurance wordings, documents and validation of legal insurance documents
• Oversee the realization of recommendations by adequately leveraging underwriting expertise and seeking support from our partners within the organization for the development of solutions in their area of expertise
• Continually monitor the existing book of business and market trends to ensure that our coverages and products continue to evolve to meet the current and emerging needs of our members and clients, while maintaining adequate controls
• Maintain an expert role in insurance within the organization by advising leadership, partners, and facilitating the transfer of knowledge to other departments of the organization when underwriting expertise is required
• Ensure that underwriting guidelines and products meet regulatory and compliance requirements and be responsible for all the provincial filing
• Liaise with decision-making and regulatory bodies that set industry rules and influence stakeholders with respect to insurance products and practices

Benefits

• Competitive salary and annual bonus
• 4 weeks of flexible vacation starting in the first year
• Defined benefit pension plan that provides predictable, stable income throughout retirement
• Group insurance including telemedicine
• Reimbursement of health and wellness expenses and telework equipment

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees