Broker – Management Liability – FINEX

1 week ago

Old Toronto, Ontario, Canada Purves Redmond Limited Full time

Purves Redmond Limited (PRL) is recognized as one of the leading independent insurance advisory and brokerage firms in Canada. Established in 1959, PRL has grown exponentially to represent and service clients globally. With five offices in Canada (Toronto, Vancouver, Calgary, Montreal, and Sudbury), PRL is a mid-sized brokerage firm with highly experienced leaders joining from some of the top Insurers, Brokers and Risk Management departments in Canada. Our brokers are not only certified, but most are Chartered Insurance Professionals (CIPs) with commercial underwriting skills.

We have an exciting opportunity in our growing Toronto office for a Broker on our FINEX team (Management Liability, Kidnap & Ransom, Professional Liability, Cyber and Privacy Risks). This role will focus on Management Liability new and renewal business working on D&O, Crime, Fiduciary Liability and Employment Practices Liability insurance.

Role Description

As a Broker at PRL, the position includes, but is not limited to, the following duties:

  • Manage an existing portfolio of clients, handle the renewal process for Management Liability lines of coverage as relevant to their business, including open market placement of insurance policies, providing high-quality service, and risk management advice;
  • Negotiate terms and conditions of coverage and pricing with insurers on new and renewal business;
  • Present terms and conditions to clients as key part of the PRL team;
  • Review coverage(s) and recommend changes as necessary;
  • Work with PRL team members to produce client presentations relating to insurance terms and conditions;
  • Issue policy documents under the program and conduct technical review of all policy documents to ensure their accuracy prior to presenting them to the client in a timely manner;
  • Requesting policy and/or amendments from insurers;
  • Responding to client requests and inquiries in a prompt and professional manner;
  • Ensuring all client records are uploaded to our broker management system (EPIC) and shared drive;
  • Representing PRL at various industry and client events.

This job might be right for you if you:

  • Value a combination of a remote and office working environment;
  • 5+ years experience in Financial Lines insurance (Broking or Underwriting);
  • Have a University Degree or College Diploma in business or related studies;
  • Thrive on paying attention to details, and work well under the pressure of deadlines and multiple priorities;
  • Are focused and motivated to execute your responsibilities in an efficient, accurate, complete and timely manner;
  • Have excellent oral and written communication skills;
  • Obtain Possess a valid RIBO (Registered Insurance Brokers of Ontario) License;
  • Are a driven and enthusiastic learner who's always looking to improve and develop;
  • Enjoy collaborating and working closely with teams; and
  • Are committed to attaining or exceeding client expectations.

If this opportunity is right for you, please submit your resume and cover letter by Friday May 17, 2024 via email to: and reference the Job ID above in the title. We would like to thank all applicants for their interest but only those selected for an interview will be contacted.

At PRL we are an equal employment opportunity employer based on job-related skills and experience. If you require any accommodation during the hiring process or upon hire, please inform Human Resources and we will provide suitable accommodation that takes into account the applicant's accessibility.

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