Insurance Underwriting Specialist

2 weeks ago


Old Toronto, Canada H. W. Kaufman Full time

We are seeking an experienced Insurance Underwriting Specialist to join our team in Downtown Toronto.

As an Insurance Underwriting Specialist, you will play a key role in supporting our Commercial Property and Casualty Team with a strong focus on account retention and underwriting renewal business.

About the Role

This is a hybrid position that requires regular office presence at our downtown location. Your primary responsibilities will include:

  • Maintaining existing broker relationships to solicit renewals and generate new business opportunities
  • Driving client satisfaction and loyalty by ensuring prompt and courteous client service to all brokers
  • Developing and maintaining knowledge and understanding of company operations and procedures
  • Utilizing other offices via referrals to place business and provide comprehensive solutions
Key Responsibilities

Your key responsibilities will include:

  • Maintaining knowledge of carriers' underwriting guidelines and/or domestic and international markets
  • Obtaining adequate underwriting information for quoting, binding, and issuing
  • Reviewing coverage requirements, prices, and conditions
  • Negotiating prices, terms, and conditions
  • Submitting quality submissions to markets
  • Providing consultation to brokers regarding differences between quotes and coverages
  • Promptly reviewing inspections to verify quality of risk
  • Ensuring all renewal business is reviewed and quoted appropriately
  • Ensuring all files are documented properly to avoid potential E&Os
  • Maintaining carrier relationships
  • Staying abreast of underwriting practices and maintaining licenses and certifications
Qualifications

To be successful in this role, you will need:

  • A Bachelor's degree or equivalent combination of education and experience
  • Minimum 2 years of full-time underwriting experience, MGA experience preferred
  • Hold a CIP, CRM, or comparable designation or actively pursuing
  • Hold a broker license (Level 1 or 2), or can qualify for a license within 90 days
What We Offer

We offer a competitive base compensation package, including a salary range of $80,000 - $110,000 per year, depending on experience, plus bonus opportunities and a comprehensive group benefits plan.

We also offer employer-paid continuing education, courses, and designations, as well as extensive internal training and development opportunities through Kaufman Institute, H.Kaufman Group's world-class learning and development center.



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