drjobs Underwriting Assistant I

Underwriting Assistant I

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Job Location drjobs

Toronto - Canada

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Title:

Underwriting Assistant I

Company:

Everest Insurance Company Of Canada

Job Category:

Underwriting Operations

Job Description:

Everest Group Ltd. (Everest) is a leading global reinsurance and insurance provider operating for nearly 50 years through subsidiaries in North America Latin America the UK & Ireland Continental Europe and Asia Pacific regions. Throughout our history Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities a strong balance sheet and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs mentoring opportunities flexible work arrangements and Colleague Resource Groups.

The Commercial Insurance Division of Everest Insurance Company of Canada is looking for an Underwriting Assistant to join the Underwriting Operations Team of our Toronto Ontario office.

As a key member of this team you will provide transactional underwriting support for multiple underwriting segments products and lines of business (e.g. Property Energy and Construction Aviation Cyber Surety Marine Casualty Automobile Financial lines Programs etc.). You will be accountable for the management of underwriting documentation transaction processing collaborating with the underwriting team on a regular basis and pro-actively and effectively communicating with our brokers to ensure that all information is accurate complete and up to date with respects to the underwriting process and Everest issued policy documents.

CORE RESPONSIBILITIES: NEW BUSINESS RENEWALS AND ENDORSEMENTS

  • Manage daily underwriting processing of accounts through Everests policy quote and issuance system.
  • Construct policy for underwriting review.
  • Management of renewal cycle; gather and preparation of renewal files.
  • Coordinate loss runs with Claims and provide loss runs to underwriters and brokers if required.
  • If the file is loss free communicate directly with broker for renewal information (updated exposure info total insured values etc.) as assigned or directed by Underwriter.
  • Issue all new renewal and endorsement policy documents and deal with brokers as needed on documentation queries.
  • Prepare compile and base rate new and renewal files for underwriters.

OTHER DUTIES AS NEEDED:

  • Review and prep referrals to underwriters as needed and issue certificates of insurance.
  • Issue registered letters of cancellation / reinstatement.
  • Generate and prepare business reports as directed which may involve some analysis.
  • Completion of M&S Insurance to Value calculators and pull Experian and other reports.
  • Ordering of loss control reports per guidelines and as directed by underwriter.
  • Review of property valuation data as needed.
  • Special projects and other duties or responsibilities as assigned.
  • Work on underwriting bordereaux CAT exposures etc.

SKILLS REQUIREMENT AND QUALIFICATIONS:

  • 1 year or more of experience in the insurance or financial industry is preferred.
  • Working knowledge of Property and Casualty and related Lines of Business preferred.
  • Quick learner and dedication to self-improvement and development is important.
  • Strong oral and written communication analytical and computer skills.
  • Ability to build and maintain excellent relations with brokers and provide superior service.
  • Team oriented and ability to work effectively with peers.
  • Strong time management and prioritization skills to meet daily demand and deadlines to fulfill all service requirements.
  • CIP designation or actively working towards completion of CIP courses.
  • Bilingualism (French and English) is an asset.
  • Proficiency in Microsoft Office applications is mandatory Excel Word Power Point etc.

#LI-Hybrid

#LI-VP1

What if I dont meet every requirement At Everest we are dedicated to building an inclusive and authentic workplace. So if you are excited about this role but your past experience doesnt align perfectly with every element in the job description we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

Our Culture

At Everest our purpose is to provide the world with protection. We help clients and businesses thrive fuel global economies and create sustainable value for our colleagues shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Clickhereto learn more about our culture.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues and the global communities we serve.

Type:

Regular

Time Type:

Full time

Primary Location:

Toronto - Insurance Canada

Additional Locations:

Employment Type

Full-Time

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