Skills & Experiences

Foundation

Foundation

Learning and applying insurance fundamentals

Core Skills

Time management; communication; interpersonal; resourcefulness; active listening

Key Experiences

Using available tools / resources to assess risk within the parameters set by your organization; providing advice and recommendations to brokers; completing required forms and documentation; understanding and applying legislative / regulatory framework to risks being underwritten

Building

Building

Building on your insurance fundamentals and experiences to date

Core Skills

Negotiation; building strong relationships (e.g. loss control, risk management, broker / agent network); initiative; multitasking; business communication

Key Experiences

Using more specialized knowledge and expertise; rating and rate making; working with policies with higher limits, number of exposures, customization etc. with minimal supervision

Enhancing

Enhancing

Enhancing your knowledge and expertise related to a particular business line / product

Core Skills

Problem solving; creativity; managing relationships to foster success; providing support / advice to team members; critical thinking

Key Experiences

Having oversight of key accounts; managing key policies, renewals, etc. independently; supporting new product development / frameworks for rating and rate making; leveraging relationships to support operations (e.g. securing of new business, revising wordings, etc.); advancing understanding of legal / regulatory considerations and industry drivers

Mastery

Mastery

Transitioning to technical consultant/leader of a team of underwriters with increased autonomy and decision making power

Core Skills

Strategic thinking; operational leadership; change management; teaching / coaching; conflict management

Key Experiences

Providing expert advice to Brokers / Agents; leading new product creation in response to market; serving as a key contributor to business development; facilitating knowledge transfer and / or effectively leading teams; mitigating or controlling risks through coverages, reinsurance, and continuity plans; working with superintendents of insurance; sitting on external committees / task forces to satisfy regulatory requirements; supporting key operational projects (e.g. technology support / systems)