Underwriting Assistant II

Everest Group

Not Interested
Bookmark
Report This Job

profile Job Location:

Toronto - Canada

profile Monthly Salary: Not Disclosed
Posted on: 2 days ago
Vacancies: 1 Vacancy

Job Summary

Title:

Underwriting Assistant II

Company:

Everest Insurance Company Of Canada

Job Category:

Underwriting Operations

Job Description:

Everest is a global leader in risk management rooted in a rich 50 year heritage of enabling businesses to survive and thrive and economies to function and flourish. We are underwriters of risk growth progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders who care deeply about our impact on communities and the wider world.

Commercial Underwriting Assistant Job Description

As a key member of the underwriting operations team you will provide transactional underwriting support for multiple underwriting segments products and lines of business (e.g. Property Casualty Automobile Financial lines Aviation Energy and Construction 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 respect 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; gathering 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:

  • Minimum 1 to 3 years of experience as a commercial underwriting assistant is preferred

  • Working knowledge of commercial casualty and property insurance preferred or knowledge of transaction processing in the financial industry

  • 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.

The base salary range for this position is CAD 43000 - CAD 6500 annually. The offered rate of compensation will be based on individual education experience qualifications and work location. All offers include access to a variety of benefits to employees including health insurance coverage an employee wellness program life and disability insurance retirement savings plan paid holidays and paid time off (PTO). This position is a current vacancy.

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.

  • Our Valuesare the guiding principles that inform our decisions actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
  • Our Colleague Behaviorsdefine how we operate and interact with each other no matter our location level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

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:


Required Experience:

Junior IC

Title:Underwriting Assistant IICompany:Everest Insurance Company Of CanadaJob Category:Underwriting OperationsJob Description:Everest is a global leader in risk management rooted in a rich 50 year heritage of enabling businesses to survive and thrive and economies to function and flourish. We are un...
View more view more

Key Skills

  • Employee Orientation
  • Data Entry
  • Organizational skills
  • Adobe Acrobat
  • Math
  • Microsoft Outlook
  • Microsoft Word
  • Office Experience
  • Workers' Compensation Law
  • Microsoft Excel
  • Underwriting
  • Administrative Experience

About Company

Company Logo

At Everest, we underwrite opportunity for all stakeholders with protection and peace of mind in an increasingly complex and uncertain world.

View Profile View Profile