Insurance Account Manager

2 days ago


Toronto, Ontario, Canada Purves Redmond Limited Full time

We are seeking a highly skilled Insurance Account Manager to join our team at Purves Redmond Limited in Toronto. In this role, you will be responsible for managing a portfolio of Small Business Enterprise (SME) accounts and providing exceptional client service.

Job Overview

The ideal candidate will have 2-5 years of experience in insurance brokering or underwriting, with a valid Registered Insurance Brokers of Ontario (RIBO) license. They should possess excellent communication and problem-solving skills, with the ability to manage competing priorities and deadlines effectively.

Key Responsibilities
  • Provide exceptional client service while managing a high volume of SME and International accounts
  • Conduct research and analysis to understand clients' operations thoroughly
  • Prepare renewal files 90+ days in advance, including loss runs and required documents
  • Draft key insurance documents, including Broker of Record letters, underwriting submissions, quote comparisons, renewal reports, binders, and policy summaries
  • Assist with client proposals, reports, analysis, and presentations
  • Ensure compliance with company workflows, including maintaining accurate records and client information in the broker management system
  • Manage market placements and respond to client coverage questions and concerns
  • Process policy amendments, cancellations, and follow-ups, including reviewing all insurance documents and endorsements for accuracy
  • Oversee day-to-day account management, liaising with internal teams and clients
  • Review insurance contract terms and indemnity provisions
  • Foster strong relationships with clients and underwriters
  • Coordinate issuance of invoices, premium finance quotes, Auto Liability Pink Slips/Cards, and Certificates of Insurance
  • Track receivables to ensure timely collections
Requirements
  • Valid RIBO license
  • 2-5 years of experience in insurance brokering or underwriting
  • Excellent communication and problem-solving skills
  • Ability to manage competing priorities and deadlines effectively
  • Self-motivated and eager to learn
  • Team player with collaborative approach
Compensation

We offer a competitive salary range of $65,000 - $80,000 per year, depending on experience. Additionally, we provide opportunities for professional growth and development.



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