Underwriter

ARAG Services Corporation; Toronto; Hybrid; CAD 60,000 - 80,000; Full time

Job summary

A leading insurance company in Toronto seeks an Underwriter to evaluate legal expense insurance requests and monitor profitability. The ideal candidate will have 1-3 years of underwriting experience and strong Microsoft Excel skills. This position offers a competitive salary with bonuses and provides a blend of remote work and office presence in Toronto's Financial District.

Benefits

Competitive Base Salary including annual bonus plan

Generous Employer Paid Benefits Plan

RSP matching & Fitness Credit

Qualifications

• 1-3 years of insurance underwriting experience required.
• High proficiency in Microsoft Office, particularly Excel.
• Bilingual in French & English considered an asset.

Responsibilities

• Evaluate new business requests for legal expense insurance quotes.
• Monitor the profitability of existing insurance accounts.
• Enhance processes and develop new tools for the Underwriting Department.

Skills

Insurance underwriting experience

Customer service

Communication skills

Problem-solving mindset

Team collaboration

Education

College diploma or University degree in a quantitative field

Tools

Microsoft Excel

R programming language

SQL

Microsoft PowerBI

Job description

Overview

Underwriter

ARAG Legal Solutions Inc., part of the ARAG Group, is a global leader in legal expense insurance operating in 20 countries offering an innovative and comprehensive range of legal expense products and services for brokers, underwriting agents and insurers across Canada.

As part of our strategy to expand and strengthen our presence across Canada, we are looking for an energetic and creative person to join us as an Underwriter in Toronto.

Reporting to the Director of Underwriting, the Underwriter will be responsible for evaluating new business requests for legal expense insurance quotes, rate risks and finalize quotations within underwriting authority.

Responsibilities

• Monitor, analyse and interpret exposure and profitability of existing legal expense insurance accounts and rate renewal quotations.
• Take responsibility for policy wordings and diligent literature management, ensuring all contractual obligations are carried out in a timely fashion.
• Identify any concerns or trends that could impact ARAG, our products / services, or product performance, and communicate findings through appropriate channels.
• Enhance processes, develop new tools and act as a technical referral point for the Underwriting Department.
• Coach and mentor members of the Underwriting Department.
• Focus on retaining and developing existing business, through excellent customer service.
• Build effective working relationships with key internal and external stakeholders.
• Manage your time to ensure that all work is completed on time and to the highest standard, delivering what you have promised to our internal and external customers.
• Where required attending customer meetings, potentially at customer\'s premises.

About You

• 1-3 years of insurance underwriting experience with detailed knowledge of technical principles, procedures, and systems.
• College diploma or University degree or equivalent work experience, preferably in a quantitative field like mathematics, mathematical economics, natural sciences, or related
• High proficiency in Microsoft Office, in particular Microsoft Excel
• Excellent customer service and written and verbal communication skills
• Ability to work as a member of a team as well as independently with minimal supervision and a problem-solving mindset.

Not required, but considered an asset

• Bilingual in French & English
• First experience with R programming language, SQL or Microsoft PowerBI.

We Offer

• Competitive Base Salary including annual bonus plan
• Generous Employer Paid Benefits Plan, including RSP matching & Fitness Credit
• Location is a combination of remote work from home and from our head office in the heart of Toronto’s Financial District

For more information about ARAG Canada please visit: www.arag.ca/en/

Equal Opportunity Employer

ARAG Legal Solutions Inc., are proud to be an equal opportunity workplace and employer. We are committed to equal employment opportunity regardless of citizenship, race, place of origin, ethnic origin, colour, ancestry, disability, age, creed, sex / pregnancy, family status, marital status, sexual orientation, gender identity, gender expression, receipt of public assistance (in housing) and record of offences (in employment) as outlined by the Ontario Human Rights Code.

ARAG Services Corporation is committed to providing employment in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act. Any assessments and selection materials or processes used during the recruitment process will be available in an accessible format to applicants with disabilities, upon request. If contacted for an interview, please advise the Human Resources Manager if you require disability-related accommodation.