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Insurance Account Coordinator

1 week ago

Vaughan, Ontario, Canada Masters Insurance Limited Full time

Masters Insurance Limited is seeking a highly motivated and organized Insurance Account Coordinator to join our team. As an Insurance Account Coordinator, you will play a key role in supporting our account managers and clients by providing exceptional customer service and administrative support.

About the Role

This position involves working with our account managers to service and market our growing book of business. You will be responsible for preparing and issuing Certificates of Insurance, creating and updating Summaries of Insurance, and preparing proposals and Binders of Insurance.

Key Responsibilities
  • Prepare and issue Certificates of Insurance
  • Create and update Summaries of Insurance for new policies and policy renewal
  • Prepare proposals and Binders of Insurance
  • Create and periodically update price comparisons
  • Prepare renewal and claim reviews, review inspection reports and follow up for outstanding recommendations
  • Request, check and invoice policy endorsements, renewal documents and policy cancellations
  • Manage own abeyances and follow up with insurance underwriters and clients for outstanding information
  • Review insurance requirements in rental leases and contracts and issue requested Certificates of Insurance

You will also collaborate and negotiate with Insurance Underwriters and obtain information and answer questions from clients. Additionally, you will assist Account Managers with their book of business and set up premium financing for clients who want to finance their insurance premiums.

Candidate Qualifications
  • RIBO License - can be obtained within first 6 months of employment
  • Minimum of two (2) years work experience in a commercial lines department at an Insurance Brokerage and/or Insurance company in a similar role and/or with similar duties and responsibilities
  • Working knowledge of commercial lines products
  • Proficient in Microsoft Office Programs, including Outlook, Word and Excel