Product Underwriting Specialist, Auto

Posted 4ds ago

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Job Description

Auto insurance product and underwriting specialist developing BC products, underwriting guidelines, and regulatory responses. Supporting Square One’s online insurance growth through analysis, research, and cross-functional collaboration.

Responsibilities:

  • Develop and implement internal underwriting strategies, product offerings, and responses to regulatory changes or compliance audits
  • Create and maintain updated underwriting guides, rules, and resource libraries
  • Review and analyze complex files to provide expert support for claims and legal teams
  • Interpret and leverage data insights for informed decision-making and strategic prioritization
  • Conduct in-depth research on emerging markets, innovative products, and evolving risk landscapes
  • Evaluate and approve complex underwriting files and high-level decisions as appropriate
  • Build and execute remediation plans for system errors and manage regulatory reporting documentation
  • Monitor market trends, industry shifts, and regulatory announcements
  • Track and report product performance for long-term growth and stability
  • Collaborate with leadership and cross-functional teams including product and underwriting management, marketing, claims, and operations

Requirements:

  • A degree or diploma in business, commerce, economics, insurance or marketing or equivalent work experience
  • A minimum of 3 years of continuous personal lines automobile insurance underwriting or product development experience
  • Specific experience with ICBC Autoplan and optional coverage in BC
  • Working knowledge of the insurance legislation and regulatory framework in the province of experience
  • Experience conducting wording analysis to identify coverage gaps and develop new wording in plain language
  • Experience working on projects in a cross-functional fast-paced environment
  • Experience developing supplementary resources or training materials
  • High proficiency with Microsoft Office applications and ability to learn new technologies
  • CAIB, CIP, or FCIP designation preferred
  • Fluency in English; French desirable

Benefits:

  • 3 weeks of vacation to start and an additional week after 3 years
  • Flexible medical, dental, vision and extended health care coverage
  • Long-term disability coverage
  • In-house and external training paid by Square One
  • Full remote work option
  • A company profit share plan
  • Competitive compensation and benefits plan