Associate, Underwriter

BFL Canada; Southwestern Ontario; On-site; CAD 50,000 - 65,000; Full time

Benefits offered by this job

Generous medical and dental coverage

Telemedicine

Employee and family assistance program

retirement and savings programs

Hybrid work program

Job summary

BFL CANADA in Waterloo, ON is seeking an Associate, Underwriter to support the Senior Underwriter with daily tasks including processing lineage, premiums, and endorsements, and assisting with renewals.

The role requires a college/university diploma, a RIBO license within 3 months, 1–2 years of admin or customer service experience, and MS Office skills; insurance experience is a plus. Hybrid work and competitive benefits are offered.

Qualifications

• 1–2 years of administrative or customer service experience.
• Enthusiastic, reliable with strong organization and professionalism.
• Able to work independently and as part of a team.

Responsibilities

• Process monthly lineage, premiums and claims bordereaux and reconciliation.
• Invoice bond accounts by month/year end.
• Issue and send Insurance Policies and Endorsements.
• Assist with renewals; update information and prepare accounts.
• Collaborate with brokers and senior underwriter for daily maintenance of policy files.

Skills

Administrative experience

Customer service experience

Organizational skills

Independent worker

Team player

Education

College or university diploma

Tools

Microsoft Word

Microsoft Excel

PowerPoint

Job description

BFL - Waterloo, ON
Waterloo, ON N2J1R1, CAN

Description

We offer more than a job, we offer a career!

• We support our employees to shape their career by encouraging continuing education and investing in training and development.
• We put our employees at the center of what we do to allow them to grow personally and professionally, with projects and challenges that are motivating and rewarding.
• We inspire people to do what they are passionate about by believing in integrity, respect and recognition of diversity and community support.
• We are a dynamic team where entrepreneurship, innovation and collaboration are at the core of our values.
• We offer competitive salaries and a multitude of benefits starting day one including generous medical and dental coverage, telemedicine, employee and family assistance program, and retirement and savings programs.
• We recognize the importance of work-life balance with our hybrid work program, wellness allowance, and year-round social activities and events.

We are looking for an Associate, Underwriter to join our team in our Waterloo office!

As an Associate, Underwriter, you will be responsible to support the Senior Underwriter in their day-to-day tasks.

If you are career-minded and looking for a dynamic work environment with a growth mindset, you will love working among our team!

Your day as an Associate, Underwriter

• Process monthly lineage, premiums and claims’ bordereaux and reconciliation.
• Invoice bond accounts by month/year end.
• Issue and send Insurance Policies and Endorsements.
• Assisting with renewals; updated information, and account preparation
• Work with brokers and senior underwriter for daily maintenance of policy files regarding inquiries, policy changes, requests for applications, follow-ups, etc.
• Set up, re-create and edit policy wordings.
• Assist with receivables A/R’s.
• Prepare data for various reports as required for the contracts renewal and the audits.
• Assist in the preparation of regularly scheduled reports, as needed.
• Meeting service standard and turnaround time with respect to issuance of documents.
• College or university diploma is required.
• RIBO licensed or willing to obtain their RIBO license within three months of starting the position.
• 1-2 years of administrative experience or customer service experience.
• Experience in an insurance environment is an asset.
• Proficient in Microsoft Office Suite (Word, Excel and PowerPoint).
• Enthusiastic, reliable and has excellent sense of organization, professionalism and discretion.
• Able to work independently as well as collaborate with a team.
• Basic knowledge of the insurance industry, an asset
• Team player adaptable to a changing environment.

This posting is for a newly created position.

The expected salary for this role ranges from 50,000$ to 65,000$. Annual salary will be determined by factors including prior experience, location, business segment, and relevance of the candidate’s skills to the role.

Who we are

Founded in 1987 by Barry F.Lorenzetti, BFL CANADA is one of the largest employee-owned and operated Risk Management, Insurance Brokerage, and Employee Benefits consulting services firms in North America. The firm has a team of over1,450 professionals located in 27 offices across the country.Thanks to its Local International Office Network of independent brokers (LION), BFL CANADA provides clients with privileged access to insurance partners in over 140 countries, helping to support their operations both in Canada and globally.

BFL CANADA is an equal opportunity employer. We welcomeand encourage applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.

Offers of employment at BFL CANADA are conditional upon satisfactory results of background verifications.