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Administrative Underwriting Assistant
1 month ago
Aon is looking for an Underwriting Assistant.
This is a hybrid role with the flexibility to work both virtually and from our Burlington office
Applicants must be legally authorized to work in Canada. This role is not eligible for sponsorship, and we are unable to sponsor or take over sponsorship of an employment visa or work permit.
Aon is in the business of better decisions
At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.
As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.
What the day will look like
Review and evaluate insurance applications and related documents, including inspection reports, financial statements, loss data, and other information needed to properly evaluate and classify the degree of risk in relation to proposed coverage limits. Obtain all relevant information not included with the initial submission to ensure a thorough evaluation of the risk. Review and evaluate renewal business and recommend appropriate actions to attain premium rate and loss ratio objectives. Approve the coverages requested within specified underwriting authority, either as submitted or on a modified basis, or decline the risk in its entirety; refer with recommended action if risk exceeds underwriting authority. Complete a variety of day-to-day client service transactions, including policy endorsements, certificates, binders, cancellations, or other necessary tasks as needed. Assist with completion of carrier and claims bordereaux and other spreadsheet reports as required. Assist underwriters in carrying out their essential duties and responsibilities to enhance the overall performance of the team through utilization of the systems and guidelines as provided. Complete a variety of underwriting projects at the direction of the Underwriting Director.How this opportunity is different
This role provides the opportunity for hands-on commercial underwriting training from seasoned industry professionals in the exciting niche of sports, leisure and entertainment. Our experienced and dedicated team of 12 are in constant communication even when working remotely, and support one other in achieving our shared goals. K&K insures the world’s fun, and it is a dynamic and ever-changing field of insurance specialization. This role rewards creative problem solving and thinking outside of the box to provide the best solutions for Insureds with complex risks, while staying within our authority at all times. We have strong relationships with major global carriers such as Aviva, Liberty and Lloyds. With the resources of a large corporation such as Aon, yet the flexibility of a small group, employees have the chance to learn different skill sets in quoting, binding and issuing a variety of insurance products that support the entertainment industry, with brokers across the country. They will report directly to the Underwriting Director and have a chance to expand their knowledge and expertise both internally and through onsite inspections of risks, industry events, and educational courses.
Skills and experience that will lead to success
Post-Secondary degree/diploma Insurance background is an asset At least 1 year of experience or attended Insurance courses CIP/RIBO is preferred or at least working towards it Must be technologically savvy and data-driven, including proficiency in Excel Commitment to ongoing learning and professional development including insurance courses and certifications. Attention to detail, refined organizational skills and the ability to multi-task; Proven ability to prioritize competing requirements and deadlines under pressure;How we support our colleagues
In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working
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