Paralegal - Insurance Administration

4 weeks ago

Toronto ON, Canada Livingston International Full time

The Paralegal will play a key role in the administration of the insurance portfolio. Including annual insurance, recommendations for optimal coverage, cost terms, budgeting & forecasting, litigation assistance, and claim settlement assistance for all the organization's assets and business units. Day in the life: Manage the administration and placement of the organizations company's multi-line corporate insurance portfolio (Property, General liability, Cyber, Auto, Workers Comp, Truck Fleet, Environmental, AD&D, D&O, Fiduciary, Marine, Cargo & Storage, Charters Liability, Umbrella layers, etc) Liaise with the Insurance Broker to prepare and deliver all annual renewal applications and information Maintain ongoing contact with the Insurance Broker and Insurance companies and various internal business partners regarding insurance needs, insurance certificates, managing claims and litigation, and ensuring all invoices are paid Review and recommend edits to vendor and client contracts with respect to insurance liability and coverage clauses Prepare annual insurance budgets, maintain monthly forecasts, and provide variance analysis to senior management Prepare reports and analysis for Senior Management as needed Provide support, manuals and training to business teams interacting with the insurance programs Lead and organize claim submissions and participate in projects, as required Assist legal department with some general contract reviews What you bring to the table: Minimum of five years' experience in the insurance industry or providing paralegal support within an insurance law practice Strong knowledge of insurance principles, policies, and regulations, with the ability to interpret and apply insurance concepts Track record of managing insurance programs for large organizations, preferably in a multinational or corporate setting Well-developed communication, presentation, and influencing skills to effectively collaborate across all levels within and outside the organization Ability to think critically and recommend ideas for improvement of existing policies and practices, optimize coverage and cost Pragmatic approach to problem-solving and analytical review with superior attention to detail, accuracy, and completeness Excellent communication (oral and written) and interpersonal skills Outstanding time management and organizational capabilities with the ability to work independently in a dynamic environment, dealing with competing priorities and deadlines Proactive, action-oriented with a high degree of initiative Why you'll love working here: Career Growth: Build specialized expertise within the legal team, gaining exposure to senior leadership and high-level projects. Work-life Balance: Enjoy a stable role with structured responsibilities and the flexibility to manage priorities effectively. Recognition and Impact: Your analysis and recommendations directly influence strategic decisions and protect the organizations most valuable assets. Autonomy: You'll have the autonomy to manage your work independently Culture: Global in reach, personal in approach — you'll never feel like just a number here.

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