Underwriting Assistant

Vaco; Toronto; Hybrid; CAD 45,000 - 60,000; Full time

Job summary

Vaco Recruiter Services is sourcing an underwriting assistant for a 6-month contract, hybrid in Toronto. This role supports data entry, terms input, and financial processing within the insurance sector.

You will review contracts, enter terms, check accounts and claims, and flag ambiguities for approval. You’ll resolve discrepancies with internal teams, assist with lower complexity accounts, and help manage client cash flows under guidance of a senior manager.

Qualifications

• 3+ years of P&C insurance experience.
• Underwriting assistant experience.
• Proficient with reconciliations.
• Strong Excel skills (VLOOKUP, pivots).

Responsibilities

• Data entry of new contracts and transactions in accounting/ops systems.
• Enter terms and conditions into the accounting system with accuracy.
• Review contractual terms, route for approval, flag ambiguities.
• Check and process accounts and claims/invoice advices.
• Clarify discrepancies with internal specialists, clients, and intermediaries.
• Manage lower complexity accounts under guidance of a senior manager.
• Manage cash flows including setting up client accounts and processing payments.

Job description

About Our Client

Client Our client in the insurance sector is sourcing an underwriting assistant for a 6-month contract. The role is hybrid, based out of Toronto.

About the Opportunity

• Responsible for data entry of new contracts and/or individual transactions in the accounting and operations system/platforms and all further modifications
• Enter terms and conditions into the accounting system with accuracy
• Review contractual terms and conditions, submit them to relevant stakeholders for approval, and flag ambiguities or changes
• Check and process accounts and claims/invoice advices
• Clarify discrepancies on accounts and claims with internal specialists, clients, and intermediaries
• Manage lower complexity accounts following standard procedures under guidance of a senior manager
• Manage cash flows including setting up client accounts in the accounting system, processing outgoing/incoming payments, and following up on pending payments and open balances

About You

• 3+ years of P&C insurance experience
• Underwriting assistance experience
• Proficient with reconciliations
• Strong Excel skills - VLOOKUP’s, pivots

This position for employment is for a current vacancy with Vaco/Highspring’s client. You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.

Compensation and Benefits

• salary range for the role is noted in this job posting.
• The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan.