Underwriting

Underwriters assess the financial risk of insuring prospective and current clients. This involves identifying, evaluating, and estimating the level of risk involved, establishing premiums matched to the risk and recommending coverage. Our underwriters consult and interact with our agents and brokers on a daily basis to create insurance policies that best meet our clients' needs.

The heart of the insurance process

Our underwriters are integral to our long-term success and financial viability. By choosing a career in underwriting, our diverse lines of insurance and our ongoing support for your career development will give you the opportunity to gain a wealth of industry expertise.

Underwriters are active in different lines of insurance business throughout The Co-operators, including auto, home, commercial and farm insurance, individual life and group life and health. There are multiple levels within the underwriting career stream, allowing you to progress to roles with increasingly more complex assessment and higher authority limits, from underwriting assistant, junior and senior underwriters, to special risks underwriter, underwriting trainer, underwriting consultant, development manager and director of underwriting operations.

Your qualifications

• Most roles require post-secondary education in business, commerce, insurance studies, math, statistics, actuarial science, kinesiology, health studies or related degrees.
• Knowledge of medical fundamentals and terminology is an asset for some roles in life and health underwriting.
• Additional qualifications include insurance designations, such as Chartered Insurance Professional (CIP), Fellowship of the Chartered Insurance Professionals (FCIP), Certified Risk Manager (CRM); Fellow, Life Management Institute (FLMI), Academy of Life Underwriters (ALU/FALU).
• Negotiation skills.
• Analytical, logical and investigative skills.
• Flexibility to adapt to work effectively in different situations.
• Independent decision making.

Interested in this career?

Find out if there's an available opportunity near you, or send us your resumé.