Underwriting Assistant

Vaco by Highspring; Toronto; Hybrid; CAD 50,000 - 67,000; Full time

Job summary

Vaco by Highspring is seeking an underwriting assistant for a 6-month contract based in Toronto. The role is hybrid, with responsibilities spanning data entry in accounting/operations systems and processing contract terms and conditions.

You will review terms for accuracy, submit for stakeholder approval, and flag ambiguities. You will handle accounts, invoices, and payments while clarifying discrepancies with internal teams and clients.

Qualifications

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

Responsibilities

• Data entry of new contracts and transactions in accounting/operations systems.
• Enter terms and conditions into the accounting system with accuracy.
• Review contractual terms and submit for approval; flag ambiguities or changes.
• Check and process accounts and invoice advices.
• Clarify discrepancies on accounts and claims with internal specialists, clients, and intermediaries.
• Manage lower complexity accounts under senior guidance.
• Manage cash flows including client accounts, payments, and open balances.

Skills

P&C insurance experience

Underwriting assistance

Reconciliations

Excel (VLOOKUP, pivots)

Tools

Accounting platforms

Job description

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