Zensurance

Senior Underwriter - Construction (Remote First)

Toronto, Ontario, Canada

Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
InternshipJob Type
UnknownVisa
Insurance, Risk ManagementIndustries

Requirements

Candidates should possess 5-7 years of commercial underwriting experience specializing in construction risks, with experience underwriting heat application roofing and commercial snow removal risks being an asset. A CIP, CRM, or FCIP designation is preferred, along with experience working with an MGA or program specific division of an insurance company, and a track record of achieving premium and bind ratio targets.

Responsibilities

The Senior Underwriter - Construction will underwrite and manage a book of construction risks, meeting premium and bind ratio targets while maintaining a disciplined underwriting approach. They will contribute to operational efficiency, collaborate with leadership to shape the growth and profitability strategy, provide input on pricing strategy, and collaborate on underwriting guidelines and wordings. Furthermore, they will develop and strengthen relationships with Zensurance brokers, act as a trusted partner, and mentor and guide fellow team members, sharing their expertise and fostering their professional growth.

Skills

Underwriting
Construction Risks
Heat Application Roofing
Commercial Snow Removal
CIP
CRM
FCIP
MGA
Program Specific Division
Premium Targets
Bind Ratio Targets
Pricing Strategy
Wordings

Zensurance

Simplifies commercial insurance for small businesses

About Zensurance

Zensurance simplifies the process of obtaining commercial insurance for small businesses in Canada. Acting as a brokerage, it connects small business owners with various insurance providers to offer products like liability insurance, cyber liability insurance, and commercial auto insurance. By utilizing advanced technology, Zensurance reduces operational costs, allowing them to provide competitive rates and a streamlined purchasing experience. Unlike many competitors, Zensurance offers 24/7 support through a dedicated claims team, ensuring clients receive assistance whenever needed. The company's goal is to empower small businesses by making insurance accessible and affordable, while also providing educational resources to help owners understand their insurance needs.

Key Metrics

Toronto, CanadaHeadquarters
2016Year Founded
$13.2MTotal Funding
ACQUISITIONCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Benefits

Remote Work Options
Hybrid Work Options
Comprehensive and Flexible Health and Dental Plans
Health Savings Account/Flexible Spending Account
Parental Leave
Home Office Stipend

Risks

Increased competition from InsurTech startups may erode market share.
Rising customer expectations require continuous innovation in technology and services.
Potential regulatory changes in Canada could impact operations and compliance costs.

Differentiation

Zensurance simplifies insurance for small businesses with a tech-driven approach.
They offer curated insurance packages tailored to specific industry needs.
Zensurance provides 24/7 claims support, enhancing customer satisfaction and loyalty.

Upsides

AI-driven underwriting enhances personalized insurance offerings for small businesses.
Embedded insurance trends offer new distribution channels for Zensurance.
Growing demand for cybersecurity insurance aligns with Zensurance's product expansion.

Land your dream remote job 3x faster with AI