Underwriting Assistant

1119099
  • Job type

    Contract
  • Location

    Toronto
  • Profession

    Office Professionals
  • Industry

    Insurance
  • Pay

    Competitive Salary

Underwriting Assistant - START ASAP

Your new company

Hays Specialist Recruitment has partnered with a insurance company located in Toronto (King Street). We are looking to hire a
Underwriting Assistant
to join their team on a contract basis of 12-18 months, which has the possibility of extension.

Your new role

  • Liaise with Underwriters, Brokers and Reinsurers on behalf of the Underwriting Support Unit as needed to communicate account status and complete or follow up for outstanding subjectivities.
  • Liaise with Underwriters to confirm policy issuance instructions for policies, endorsements, forms, notices, certificates, etc and effectively process coding/issuance.
  • Review and Analyze informational reports to glean anecdotal information as required by Undewriters (e.g., summarize Loss Runs).
  • Respond to internal and external client inquiries in a professional and timely manner.
  • Act as an anchor between shared service centres and onshore Underwriting team to make sure the support to Underwriting is seamless.
  • Rate premium changes for premium bearing change requests.
  • Execute post-bind account management workflow and any handover to Shared Service teams.
  • Quality control document output to ensure accuracy of work and that of shared services.
  • Monitor the maintenance of electronic file for accounts as required.
  • Maintain or exceed the company key performance indicators as required by Operations team.
  • Develop strong working relationships and collaborate with Underwriters, Shared Services, and members of the Underwriting Support Unit.
  • Assist with Account Receivable collections and troubleshoot as required to ensure payment received reconciles with premium bound.
  • Assist with training and knowledge transfer with Shared Services.
  • Potential to participate in projects where the Unit may be requested to provide Subject Matter Experts related to the Underwriting Support Unit.
  • Potential to participate in projects that relate to process improvement, new system implementation or upgrade, and procedure documentation as required by the Underwriting Support Unit.
  • Calculate base rating and apply experience modifications as part of Underwriting package completed by Underwriting Support Unit for Underwriter review – future responsibility.

What you'll need to succeed

  • Solid competency in MS Office applications: Word, Outlook, and Excel
  • Competency in Adobe Standard or similar pdf conversion tool.
  • Excellent interpersonal, written and oral communication skills.
  • Strong interpersonal skills in order to work effectively and professionally with diverse groups.
  • Excellent attention to detail.
  • Proven organizational and problem solving skills.
  • Proven prioritization and time management skills with accurate results.
  • Ability to work independent and a self-starter.
  • Bachelor’s degree preferred.
  • 2+ years related insurance experience and/or training; or equivalent combination of education and experience, preferable in Professional related products.
  • Knowledge of commercial insurance policy forms and regulatory requirements is a plus.
  • CIP Designation preferred but not required.


What you need to do now


If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.

If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion on your career.


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Apply for this job

Talk to Amanda Willis, the specialist consultant managing this position

Located in Toronto (EN), 8 King Street East, 20th FloorTelephone:  6046481721