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 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.
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:
RegularTime Type:
Full timePrimary Location:
Toronto - Insurance CanadaAdditional Locations:
Required Experience:
Junior IC
At Everest, we underwrite opportunity for all stakeholders with protection and peace of mind in an increasingly complex and uncertain world.