Commercial Insurance Broker

6 hours ago

Waterloo, Ontario, Canada BFL Canada Full time

Role Overview

We are seeking a highly skilled Commercial Insurance Broker to join our team in our Waterloo office. As a Commercial Insurance Broker, you will be responsible for maintaining and servicing a profitable book of business based on the company's objectives and individual business plans.

Key Responsibilities

  • Request and follow up with insurers and/or clients for outstanding information, endorsements or policy documentation.
  • Prepare proposals for renewals and new business.
  • Respond to telephone calls and written inquiries from clients and underwriters.
  • Work with the Client Executives and Client Service Managers in negotiating with Insurers and/or changes, renewals and new business where applicable.
  • Review policy wordings and other documentation for accuracy and completeness and as required, notes and corrects errors.
  • Create abeyance and follow up for outstanding items from underwriters, markets and clients.
  • Market own new business and renewals when necessary.
  • Monitor and follow up on outstanding client's receivables.
  • Create and streamline processes.
  • Responsible for monthly Bordeaux, where required
  • Invoice and manage receivables.
  • Other miscellaneous duties and special projects as required.

Requirements

  • Minimum 3 years industry related experience
  • Professional designation required (RIBO)
  • Good knowledge of markets and their policy wordings
  • Strong verbal and written communication skills
  • Ability to work well independently, as part of a team
  • Customer focused and service oriented.
  • Bilingual with strong verbal and written communication skills in French and in English.
  • Good knowledge of the MS Office Suite (Excel, Outlook, and Word)
  • Strong analytical and problem-solving skills.
  • Effective time management and organizational skills.

About Us

BFL CANADA is one of the largest employee-owned and operated Risk Management, Insurance Brokerage, and Employee Benefits consulting services firms in North America. We have a team of over 1300 professionals located in 27 offices across the country. Our employees have free rein to demonstrate their creativity, leadership and entrepreneurial skills since we believe in each one of them. BFL CANADA is a founding Partner of Lockton Global LLP, a partnership of independent insurance brokers who provide Risk Management, Insurance and Benefits Consulting services in over 140 countries around the world.

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