Intermediate or Senior Underwriter, Financial Institutions

Our employees are at the heart of everything we do. Together, we help people, businesses, and society prosper in good times and be resilient in bad times.

Our employee promise represents Intact’s commitment to you in exchange for living our Values, striving to do your best work, being open to change and investing in your career. In return, we promise to provide support, opportunities and performance-led financial rewards at a workplace where you can shape the future, win as a team and grow with us.

Pay at Intact is about much more than just salary.

• Flexible work arrangements and a hybrid work model
• Possibility to purchase up to 5 extra days off per year
• Multiple benefits offered to support physical and mental wellbeing, including telemedicine, Wellness account and much more
• Share plan & other savings: up to 12% of salary or even more (ask how you could earn guaranteed income for life)

Salary range (but not limited to):

94,200 - 115,200

Annual bonus target, based on the base salary, with a potential payout of up to double the target (subject to personal and company performance):

12%

As part of our commitment to Win As A Team, we share our success with employees through our annual bonus plan and Employee Share Purchase Plan (ESPP) – with Intact matching 50% of your net shares.

Our pension offerings provide flexibility and long-term security for our employees beyond their careers. We are one of the few companies offering the opportunity to receive guaranteed income for life via our defined benefit pension plan.

Salary for the candidate will be determined taking into consideration a number of factors including: experience, skills, qualifications, anticipated contribution to role, internal equity, etc. The salary range presented above is based on a 35-hour workweek and would represent a majority of different candidate profiles. However, we encourage candidates who may fall outside of this range to apply as well.

About the role

A career with Intact Specialty Solutions is an opportunity to deepen your expertise in the insurance industry and grow your skillset across a wide variety of lines of business spanning 180 countries. Being part of Canada’s largest P&C insurer and leading provider of global specialty insurance means learning from industry experts and expanding our capabilities. Here you’ll develop not only your career but also establish Intact’s reputation as a leader in Specialty Solutions across the globe. 

We are looking for an Intermediate or Senior Underwriter to support our growing Financial Institutions team within Specialty Lines!

The incumbent acts as Financial Institutions’ underwriter with production responsibilities, handling and consulting on Financial Institutions risks involving Specialty Solutions lines of business including Directors and Officers Liability (D&O), Professional Liability, Financial Institution Bonds (FIBs) and ancillary lines renewals and new business.  There will be opportunities for the role and responsibilities to expand with the growth of the business.   

What you’ll do here: 

• Has underwriting responsibility for a book of new and renewal business. Analyze requests for quotes.  Executes underwriting strategy as determined by management including decisions to accept, decline or modify risks.
• Develops superior relationships with producers to successfully promote achievement of mutual operating goals and supply appropriate products and services.
• Participate in broker visits, insurance industry functions and marketing events in support of broker relationship development.
• Participates in account management, planning and marketing meetings to best position the business for the future.
• Collaborates with team members to manage work inventories and all production activities to provide accurate and timely service in accordance with business unit standards. Processes underwriting decisions. Documents files and reports via automated desktop systems and tools.
• Collaborate on growth initiatives and relations with the brokerage network.
• Participate and collaborate in the development of new products or improvement of existing products and forms that support the objectives of growth and profitability of the company.
• Provide creative solutions on how to improve the department and increase efficiencies.

What you bring to the table: 

• Experience: minimum 2 years for intermediate and 4 years for senior role in D&O, Professional Liability, and/or Financial Institution Bonds and ancillary lines underwriting experience preferred, with familiarity with underwriting Financial Institutions preferable.
• Certified Insurance Professional (CIP) Designation (or in the process of completing Designation) preferred.
• Excellent organizational skills, ability to work towards achieving company goals and adapt to changes and a fast pace of work – including learning new products and forms.
• Have initiative and autonomy while integrating into teamwork.
• Good work ethic, ability to think proactively.
• Relationship builder understanding the importance of cultivating trusting relationships.
• Team builder understanding the importance of being engaged and committed to the success of the Financial Institutions Team at Intact.
• Knowing how to get out of habitual thought patterns and take responsibility.
• Be ready to collaborate with teams across Canada and the United States.
• Excellent verbal and written communication skills.
• Undergraduate university degree or any relevant equivalent experience.
• Bilingual (French and English), spoken and written is an asset. Need to interact on a regular basis with English speaking clientele and colleagues across the country.
• Proficient with Microsoft office (Word, Excel, PowerPoint, Teams).
• Occasional trips within Canada and to the United States.
• No Canadian work experience required however must be eligible to work in Canada.

Please note that the posted salary range is for the senior underwriter role.  Final salary offer to the candidate will be determined based on a number of factors including but not limited to experience, skills, knowledge, qualifications and internal pay equity.

#LI-Hybrid

Il s'agit d'un nouveau rôle au sein de notre équipe en pleine croissance | This role is a new member of our growing team.

We are an equal opportunity employer

At Intact, our Value of respect is founded on seeing diversity as a strength. We strive to create an accessible workplace where employees feel valued, included and encouraged to share their unique perspectives.

We encourage applications from individuals who are members of equity-deserving groups, including but not limited to women, Indigenous peoples, persons with disabilities, Black people, and members of the 2SLGBTQI+ community.

As part of Intact’s commitment to reconciliation, we acknowledge that we work, meet and travel across the land currently called Canada, originally inhabited by First Nations, Metis and Inuit people. This history extends through many centuries and continues to evolve today.

We have policies to ensure equal access and participation for people with disabilities, including providing workplace adjustments (accommodations). A copy of applicable policies is available on request.

If we can provide a specific adjustment to make the recruitment process more accessible for you, please let us know when we reach out about a job opportunity. We’ll work with you to meet your needs.

Learn more about our recruitment process and your candidate journey here.

Please note that Intact does not provide sponsorship or other support for immigration-related matters including but not limited to employer-specific closed work permits. Candidates must be eligible to work in Canada from the anticipated start date and throughout their employment and are solely responsible for maintaining their work eligibility.

If you are an employee of Intact or belairdirect, please apply for this role on Internal Career Site.