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Underwriting Assistant
3 months ago
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
Full time, Permanent
Working Hours:
Monday to Friday, 40 hours per week. This role is eligible for hybrid work once probation requirements have been met. Until then, the successful incumbent will be expected to work on-site, full-time.
Location:
Edmonton, Alberta
General Accountability
Key Accountabilities
Note:
This section is not intended to be an exhaustive list of duties and responsibilities - other duties and responsibilities may be assigned.
Administrative Support (45%)- Reviews and dispatches underwriting submissions (entire triage process)- Maintains filing systems.- Provides administrative support to the underwriting team.
Policy Processing (25%) Assists the underwriter by doing base rating service for new and renewal business.- Issuance of our small business and less complex policies- Reviews and evaluates less complex new business/renewal business as well as revisions to confirm the nature and degree of risk involved. Determines whether to accept, modify or escalate risks on less complex and small business accounts.
Broker Relationships (10%)- Explains underwriting criteria and decisions to brokers on small and less complex business (verbally and/or in writing).- Develops and maintains working relationships with brokers to generate a flow of profitable business and provide assistance in resolving any service matters.- Promotes and sells supporting products to brokers.- Negotiates conditions, premiums, and limitations for less complex renewal policies to balance business needs and underwriting guidelines in limited situations (in applicable positions only).
Leadership (10%)- Actively contributes to and supports a culture of a high performing workforce.- Participates in divisional succession plans, ensuring professional and career development and supports development in others.- Supports a culture of leadership and accountability to effectively deliver on strategic vision 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 (10%)- Enables the success of programs and policies that are in alignment with corporate 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- A 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:
May 5, 2024
