Underwriting Assistant

2 weeks ago


Toronto, Ontario, Canada Saskatchewan Government Insurance Full time

Do you value integrity and innovation? How about passion and caring? Great Us too, and that's why you'll fit right in.

Our intentional culture promotes trust and participation, encouraging you to bring your heart and mind to work every day.

Out-of-Scope

Business Unit/Location:

  • Toronto West/East

Work Location:
This role is eligible for hybrid work.

This means you'll have the flexibility of working from home and in the office (in Toronto only) on a scheduled rotation.

Key Accountabilities

Note:

This section is not intended to be an exhaustive list of duties and responsibilities - other duties and responsibilities may be assigned.


Policy Processing- Triages incoming underwriting submissions for property and auto and determines whether to accept, modify, or escalate risks.- Ensures that product and customer service levels are maintained.


Insurance Underwriting Calculates premiums, ensuring that appropriate rates are used and that applicable discounts and surcharges are applied.- Issuance of less complex policies.- Places business within the rules and restrictions of subscription, reinsurance, and legislative guidelines.


Broker Relationships- Explains underwriting criteria and decisions to brokers (verbally and/or in writing).- Develops and maintains working relationships with brokers to generate a flow of profitable business and assists in resolving any service matters.- Negotiates conditions, premiums, and limitations for routine renewal policies to balance business needs and underwriting guidelines in limited situations (in applicable positions only).- Promotes and educates brokers on supporting products.

Administrative Support- Maintains filing systems.- Provides administrative support to the underwriting team.


Leadership- Actively contributes to and supports a high performing workforce.- Participates in divisional succession plans, ensuring ongoing profession and career development and supports development in others.- Supports a culture of leadership and accountability to effectively deliver on strategic and corporate strategies.- Is actively committed to leadership development across the company, supporting team and workforce readiness through mentoring, training, and developmental opportunities.


Corporate Management- Enables the success of programs and policies that are in alignment with corporate, strategic and divisional strategies.- Manages risk in area of authority.- Ensures that the Health, Safety and Emergency Management Policy is applied in area of responsibility.


Education & Experience- One-year certificate from an accredited post-secondary education institution in a relevant field of study such as Business or Office Administration years' experience in an insurance industry office environment.


Knowledge, Skills and Abilities- Knowledge of office procedures and office equipment.- Knowledge of computers and Microsoft Word and Excel.- Knowledge of underwriting procedures.- Knowledge of the principles and practice of insurance.


Posting Close Date:
March 6, 2023
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