At a Glance
- Tasks: Design innovative underwriting solutions and improve business processes in the insurance industry.
- Company: Join Heartland, a leader in the Property & Casualty Insurance sector.
- Benefits: Enjoy health coverage, a pension plan, and a hybrid work model.
- Other info: Countless opportunities for learning and collaboration with a supportive team.
- Why this job: Make a real impact on the future of insurance while growing your career.
- Qualifications: 5+ years in Property & Casualty Insurance; critical thinking and communication skills required.
The predicted salary is between 68000 - 102000 $ per year.
What you will do...
- Using knowledge of the Property & Casualty Insurance, products, rating, risk appetite, underwriting and broker/underwriting workflow, be responsible for designing underwriting and business development solutions and business requirements to deliver tangible value.
- In collaboration with Underwriting & Business Development units, drive the identification and documentation of business and system improvements, including underwriting rules, straight-through processing, Guidewire quality/efficiency improvements, Guidewire workflow optimization, and more.
- Provide business specifications for actuarial rate reviews.
- Work with IT in the creation of requirements for business and system improvements relating to Guidewire Policy Center suite plus integrations, as well as providing support/clarification on business-intent to system changes.
- In collaboration with IT, provide test-case coverage and user-acceptance on Guidewire Policy Center suite of changes.
- In collaboration with IT, support and conduct EBT, UAT, production testing as requested.
- Communicate and coach Underwriting & Business Development units on system functionality and business intent.
Provide and create resources/manuals where appropriate.
Communicate and understand current issues and provide/document valid workarounds.
- Support the prioritization of defects and changes. Proactively understand the business impacts of the changes to assist with scheduling.
- Maintain a log of future improvements.
- Clearly communicate business value and outline the expected benefits of implementing recommended solutions and validate that those benefits were realized.
- Maintain Heartland’s rating and underwriting manuals.
- Complete non-rating filings with the provincial regulatory boards.
- Identify, review and report on incorrectly rated policies in our book of business.
- Identify and report on competitive and industry trends.
- Monitor incoming new business and propose actions to align to risk-appetite including adjustments to Underwriting Rules.
What you will bring...
- Minimum of 5 years working in the Property & Casualty Insurance Industry in either a Business Systems Analyst, underwriting or underwriting-related role.
- Guide Wire Policy Center Certification is an asset.
- Proven ability to create and deliver insurance solutions; specifically with Underwriting rules, rating, and/or activities/workflows.
- Critical thinking skills to recognize assumptions, investigate issues, evaluate arguments, draw conclusions, and proactively propose solutions.
- Strong communication and negotiation skills.
- Excellent stakeholder management skills.
The salary range for this role is $68,000 - $102,000.
The salary for the successful candidate will be determined by various factors including but not limited to an individual’s relevant experience, knowledge, skills, along with internal equity, and market considerations.
What we offer...
In return, we'll give you countless opportunities to learn and grow.
You'll be empowered to be your best self, do your best work, and make a meaningful impact.
Here, you can help shape the future of insurance, win as a team, and grow with us.
At Heartland our benefits are great and include not only health and dental coverage, but also a generous pension plan.
All staff members share in our company's success through our incentive plan.
And with our hybrid work model, you get the best of both worlds - the ability to collaborate and connect with great colleagues and to enjoy the benefits of working from home.
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Underwriting Solutions Analyst in Kitchener employer: Heartland Mutual Insurance Company
Heartland Mutual Insurance is an exceptional employer that prioritizes employee growth and inclusivity, making it a fantastic place for Personal Lines Underwriting Specialists to thrive. With a strong focus on professional development and a supportive work culture, employees are encouraged to enhance their skills while making a meaningful impact in clients' lives. Located in a vibrant community, Heartland offers unique advantages such as flexible work arrangements and a commitment to work-life balance, ensuring that every team member feels valued and empowered.
Contact Details:
Heartland Mutual Insurance Company Recruitment Team