assistant underwriter - insurance

NovaRisk Inc.; Toronto; On-site; CAD 50,000 - 70,000; Full time

Job summary

An insurance company in Toronto is seeking an Underwriter to assess applications for various insurance products. The role includes reviewing applications, ensuring compliance with regulations, and preparing detailed reports. Candidates should have a college diploma and experience in the field. This position requires a detail-oriented individual who excels in a fast-paced environment.

Qualifications

• 1-2 years experience in insurance underwriting.
• Knowledge of different insurance types like liability, business risk, and life insurance.
• Fast-paced, attention to detail, and ability to work under pressure.

Responsibilities

• Review individual and group applications for insurance.
• Evaluate applications to determine insurance risks and premiums.
• Prepare underwriting reports.

Skills

Attention to detail

Client focus

Reliability

Team player

Education

College or CEGEP diploma (1 to 2 years)

Tools

MS Word

MS Excel

MS Outlook

Job description

Overview

Languages

English

Education

• College, CEGEP or other non-university certificate or diploma from a program of 1 year to 2 years
  
  

Experience

1 year to less than 2 years

On site

Work must be completed at the physical location. There is no option to work remotely.

Responsibilities

Tasks

• Review individual and group applications for insurance
• Evaluate new and renewal applications to determine insurance risks, insurance premiums, extent of coverage and other conditions
• Use medical reports, rate tables and other documents to determine coverage
• Ensure compliance with government regulations
• Provide recommendations on individual or group insurance plan designs
• Answer inquiries from clients and other company personnel
• Prepare underwriting reports
  
  

Experience and specialization

Computer and technology knowledge

• MS Word
• MS Excel
• MS Outlook
  
  

Insurance experience

• Liability insurance
• Business risk insurance
• Automobile insurance
• Fire insurance
• Health insurance
• Life insurance products
• Property insurance
  
  

Additional information

Work conditions and physical capabilities

• Fast-paced environment
• Work under pressure
• Tight deadlines
• Attention to detail
  
  

Personal suitability

• Accurate
• Client focus
• Dependability
• Efficient interpersonal skills
• Organized
• Reliability
• Team player