Underwriting Assistant
JOB_53132651119099Job type
ContractLocation
TorontoProfession
Office ProfessionalsIndustry
InsurancePay
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.
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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Underwriting AssistantJOB_531326511190992025-04-252025-07-25
Talk to Amanda Willis, the specialist consultant managing this position
Located in Toronto (EN), 8 King Street East, 20th FloorTelephone: 6046481721JOB_53132651119099