Our employees are at the heart of what we do: helping people, businesses and society prosper in good times and be resilient in bad times. When you join our team, you are bringing this purpose to life alongside a passionate community.
Feel empowered to learn and grow while being valued for who you are. At Intact, we commit to supporting you in reaching your goals with tools, opportunities, and flexibility. It’s our promise to you.
Who We Are
At Intact Insurance Specialty Solutions, we are experts at what we do in protecting what makes businesses unique. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that’s aligned to our targeted customer groups.
Intact’s Global Specialty Lines business spans across more than 20 verticals in four distinct markets: U.S., Canada, UK and Europe. The following opportunity is for our U.S. team.
The opportunity
Responsibilities
We currently have an opportunity for a Corporate Underwriting Consultant to join our Enterprise Underwriting team in our Plymouth, MN office or remotely nationwide. This position is considered a technical expert (primarily Surety and Trade Credit) and provides corporate underwriting guidance and consultation to various departments and business units for North America enabling sound underwriting decisions and adoption of regulatory compliant practices for one or more lines of business. This position is instrumental in the coordination and execution of complex projects, processes and consultation on organization-wide projects which involve multiple departments. Corporate Underwriting Consultant responsibilities include but are not limited to:
- Consults with and assists business unit leaders and underwriters in North America to determine selection/ rejection and pricing of business by using personal expertise and the company’s underwriting rules and guidelines, insurance laws and regulations for one or more lines of business. (Contract Surety, Commercial Surety, and Trade Credit)
- Expert understanding of exposures and key coverage issues for Specialty products. Reviews exposures, price, deductibles, and losses to determine acceptability. Makes underwriting decisions to accept, decline, or modify risks. Implements underwriting decisions in compliance with state insurance regulations.
- Conducts research, performs analysis, and assists with major organization-wide projects and/or potential issues for existing systems and or processes. Provides business expertise and manages the development, testing and deployment of business, system, product and operational changes. Involved throughout the entire life-cycle of projects assigned. Offers alternatives throughout the process.
- Fully knowledgeable on the interrelationships between various departments, segments and systems within the North American structure. Works closely with other departments including claims, actuary, product development, regulatory, state filing in an effort to serve the needs of the organization.
- Coordinates system and processing changes with other departments such as IT, operations, product development, statistical reporting, and regulatory staff to ensure compliance with state law and regulatory reporting requirements.
- Manages external vendors and internal contract consultants to review, recommend and/or vet various vendors and associated contracts for corporate-wide underwriting tools, systems and services.
- Consultants on the identification of training needs across the organization including business units and operations. Develops guidelines, reference and training materials for work processes and systems.
- Executes underwriting strategy as determined by management which includes using expertise as a referral resource, and performing underwriting and compliance audits on business units, specific lines of business, and fronting arrangements.
- Leads line of business meetings with leadership, business units and other stakeholders, communicating internal developments, filings, and tools along with industry and insurance trends.
The expertise you bring
- Bachelor's degree
- 7-10 years of progressively more complex, Specialty Underwriting experience required
- Professional insurance designation is preferred (AICPCU, RPLU)
Our salary ranges are determined by many factors including location, role, experience and skillset of the candidate. The following ranges displayed reflect the target base salary for new hires, but your recruiter will share more specific compensation information with you during the hiring process. The typical base salary range for this position is: $118,000 – $157,000, based on the factors aforementioned. For candidates located in San Francisco, CA; Hoboken, NJ; and the New York City metro area, the base salary range is $138,000 -$161,000. In addition to base salary, full time Intact employees are also eligible for bonus potential and a full range of benefits to include but not limited to:
- Comprehensive medical, dental and vision insurance with no waiting period
- Competitive paid time off programs
- 401(k) savings and annual contributions of up to 12% of annual salary
- Mental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefits
Why choose Intact
We live our Values: We are committed to acting with the highest of ethical standards through our five core values: integrity, respect, customer driven, excellence and social responsibility.
Our commitment to Diversity: Founded in our values, we see diversity as a strength and aspire to create an environment where everyone can be themselves, grow and succeed. Together, we will stand up for what’s right to build an inclusive society.
Manage your Time: What you accomplish matters more than hours in the office. We are committed to creating a positive and supportive environment in which you perform your best. Our Time-Off and Flexible Work Arrangement options help foster a healthy work-life balance.
Check out our Glassdoor reviews to see why people love working for Intact!
Our promise to you
Our Values are foundational to our success at Intact. You’ll make a difference every day when you live our Values, do your best work, are open to change, and invest in yourself.
In return, we promise you support, opportunities, and performance-led financial rewards in a flexible work environment where you can:
- Shape the future: Help us lead an insurance transformation to better protect people, businesses, and society.
- Win as a team: Collaborate with inspiring people to do your best work every day and together, stand up for what is right.
- Grow with us: Refresh and reinvent your skills, learn from our diverse teams, lift others up, and grow.
About Intact
At Intact Insurance Specialty Solutions we are experts at what we do. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that’s aligned to our targeted customer groups. Today, we help protect over a dozen industries with tailored coverages and services.
