Hybrid Underwriting Trainee, Property & Casualty

at Liberty Mutual Canada

• Job title: Underwriting Trainee, Property & Casualty
• Job type: Contract
• Experience level: Entry level
• Salary: CA$58,000 - CA$65,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Toronto, Canada

About the role

• Underwriting Trainee with Liberty Mutual Canada analyzing risks and developing insurance solutions. Joining a collaborative underwriting team and training for an Underwriting career.

Responsibilities

• Successfully complete a 6 month Underwriting Training Program which includes: on-the-job training, classroom instruction, self-study, case studies, rating and underwriting activities.
• Develop judgment to accept, reject, or modify new/renewal business for various lines of business (with guidance and direction as needed from experienced underwriters or team leaders) to ensure a profitable book of business.
• Price business in a timely manner according to company underwriting and pricing guidelines.
• Market products to achieve company growth and profitability targets.
• Develop on-going relationships with internal and external customers; monitor profitability and quality of submissions; and be aware of underwriting and/or product changes.
• Review and develop a strong knowledge of: policy coverages, broker relationships, underwriting and team guidelines, processes and procedures and business strategy/organization.
• Other duties as assigned.

Requirements

• 0-2 years of work experience (not necessarily in insurance).
• Bachelor's degree preferably in business, mathematics, economics or finance.
• Strong interpersonal, written and verbal communication skills.
• Ability to provide information in a clear, concise manner with an appropriate level of detail and professionalism.
• Ability to build and maintain strong business relationships.
• Ability to gather information, analyze facts, and draw conclusions.
• Strong negotiation skills.
• Initiative driven and self-starter.
• Strong customer service orientation.
• Demonstrated organization skills and abilities.
• Willingness to complete professional designation(s) and continued insurance education.
• This position may require some travel to Liberty Mutual’s US office(s).

Benefits

• A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance.
• Competitive health & dental benefits plan
• Competitive time off policy
• Employee & Family Assistance Programs
• An opportunity to get involved and become a member of one of our national employee committees – social responsibility, employee engagement, diversity, equity & inclusion.