Wholesale Insurance Broker

6 days ago


Vancouver, Canada Tsw Management Full time

We offer more than a job, we offer a career

  • We support our employees to shape their career by encouraging continuing education and investing in training and development.
  • We put our employees at the center of what we do to allow them to grow personally and professionally, with projects and challenges that are motivating and rewarding.
  • We inspire people to do what they are passionate about by believing in integrity, respect and recognition of diversity and community support.
  • We are a dynamic team where entrepreneurship, innovation and collaboration are at the core of our values.
  • We offer competitive salaries and a multitude of benefits starting day one including generous medical and dental coverage, telemedicine, employee and family assistance program, and retirement and savings programs.
  • We recognize the importance of work life balance with our hybrid work program, wellness allowance, and year-round social activities and events.

WHO WE ARE

TSW Management Services Inc. is a national Lloyd’s Managing General Agent and Wholesale Broker specializing in complex commercial insurance placements. At TSW, we also act as a “retail broker” through our competitive Broker’s E&O program.

TSW Management Services Inc. exists to assist retail brokers in their growth of commercial business beyond their current capabilities. Our goal is to become one of Canada’s leading MGA commercial insurance wholesalers through our product offerings, integrity, intelligence and delivery of outstanding service. In doing so, we “partner” with our brokers, sharing in their success.

TSW Management Services is looking for a full time Wholesale Insurance Broker

If you are looking to work on a wide variety of complex commercial accounts for a well established and growing wholesale/MGA, then TSW is the place to be

The primary purpose of this position is to manage and grow a book of business by using skillful marketing techniques, developing and maintaining excellent broker and underwriter relationships, with a focus on developing new business and maximizing retention.

YOUR DAY AS A WHOLESALE BROKER

  • Markets and quotes new business to retail brokers. Responsibilities include prequalifying and enhancing the brokers’ submissions to obtain the best possible results.
  • Manages and maintains a book of renewal business that includes soliciting renewal applications well in advance of the renewal date.
  • Retains existing accounts by working closely with the broker to ensure the account renews. This may include remarketing of the account when required.
  • Provides advice to brokers on commercial insurance issues to add value to their organization.
  • Reviews and compares policy wordings with a focus on critical coverage concerns.
  • Creates cover notes, invoices, certificates of insurance, letters and other documentation as required.
  • Requests and follows up with brokers and insurers for outstanding information, endorsements and/or policy documentation in a timely and organized manner.
  • Reviews Declarations, wordings and endorsements for accuracy and completeness on each account, with appropriate follow up to correct any errors.
  • Responds to telephone calls and emails from brokers and underwriters in a prompt and professional manner.
  • Develops and maintains extensive market relationships.
  • Proactively assists in the development of products and marketing strategies.
  • Participates in industry functions and targeted public relations activities.
  • Maintains expiry lists, records, and policy files to ensure that they are organized and up to date.
  • Follows corporate policies and procedures.
  • Performs other appropriate functions as required.

OUR IDEAL CANDIDATE

  • Level 2 license
  • Prefer at least five (5) years of experience as a commercial broker or client service manager
  • Excellent communication skills, both verbal and written
  • Professional designation preferred (CIP or CAIB)
  • Must have good technical knowledge of commercial insurance
  • Must be client focused
  • Must work well in a small team and with others throughout the organization
  • Good knowledge of markets and their policy wordings
  • Able to operate in Microsoft Office
  • Creative application of products, markets, and alternatives

OFFICE INFORMATION

Our Vancouver office is situated in Coal Harbour, half a block from the world renowned Seawall. Employees often enjoy activities along the Seawall during their lunch break with Stanley Park being close by. Our office is easily accessible for employees by car and public transit and there are bike storage lockers in our building.

Let’s stay in touch: follow us on LinkedIn to get privileged access to our activities and see our other job opportunities.

TSW Management Services Inc. is an equal opportunity employer.

We welcome and encourage applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.

Offers of employment at TSW Management Services Inc . are conditional upon satisfactory results of background verifications.

2021 TSW Management Services Inc. All rights reserved

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