Underwriting Assistant II - Toronto

Everest Re Group,; Toronto; On-site; CAD 45,000 - 75,000; Full time

Job summary

An established industry player seeks a detail-oriented Underwriting Assistant II to join their dynamic team in Toronto. In this role, you will support underwriters by managing documentation and processing transactions while ensuring seamless communication with brokers. This position offers a unique opportunity to develop your skills in a collaborative environment, where your contributions will help drive the success of the underwriting process. With a commitment to professional development and a culture of inclusion, this firm values its employees and provides a supportive atmosphere for growth. If you are passionate about the insurance industry and eager to learn, this is the perfect opportunity for you.

Benefits

Generous tuition reimbursement

Flexible work arrangements

Professional development opportunities

Mentoring opportunities

Qualifications

• 1-3 years of insurance experience in Programs business preferred.
• Strong communication and analytical skills are essential.

Responsibilities

• Provide underwriting support and manage documentation for underwriters.
• Communicate effectively with brokers to ensure accurate information.

Skills

Insurance Experience

Communication Skills

Analytical Skills

Time Management

Bilingualism (French and English)

Education

CIP designation or working towards it

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Job description

Title: Underwriting Assistant II - Toronto

Company: Everest Insurance Company Of Canada

Job Category: Underwriting

Job Description:

Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

As a key member of our Underwriting Operations Team, you will provide underwriting support to our Underwriters. You will be accountable for the management of underwriting documentation, transaction processing, collaborate with the underwriting team on a day-to-day basis, and pro-actively and effectively communicate with our brokers to ensure that all information is accurate, complete and up to date with respect to the underwriting process and Everest issued policy documents.

CORE RESPONSIBILITIES:

NEW BUSINESS, RENEWALS AND ENDORSEMENTS

1. Handle daily underwriting processing of accounts through Everest’s policy quote and issuance system with greater focus on Program business
2. Management of bordereaux intake and processing during new business and renewal cycles; gather and prepare program renewals or individual renewal files as needed
3. Coordinate loss runs with Claims and provide loss runs to brokers if required
4. Communicate directly with broker for renewal information (updated exposure info / updated application, etc.) as assigned or directed by Underwriter
5. Process and issue all new, renewal and endorsement policy documents and deal with brokers as needed on documentation queries
6. Prepare, compile and base rate new and renewal files for underwriters

OTHER DUTIES AS NEEDED:

1. Review and prep referrals to underwriters as needed and issue certificates of insurance
2. Issue registered letters of cancellation / reinstatement
3. Generate and prepare business reports as directed which may involve some analysis
4. Completion of M&S Insurance to Value calculators
5. Ordering of loss control reports per guidelines and as directed by Underwriter
6. Review of property valuation data as needed
7. Special projects and other duties or responsibilities as assigned
8. Work on underwriting bordereaux, CAT exposures, etc.
9. Work on premium reconciliation and adjustments with underwriters, brokers and finance as needed

SKILLS REQUIREMENT AND QUALIFICATIONS:

1. 1 to 3 years of insurance experience preferably in Programs business and/or as a Commercial underwriting assistant with another insurer or MGA
2. Knowledge of commercial casualty and property insurance preferred
3. Strong oral and written communication, analytical and computer skills – Proficient in Excel and working with bordereaux
4. Ability to build and maintain excellent relations with brokers and provide superior service
5. Team oriented and ability to work effectively with peers
6. Quick learner and dedication to self-improvement and development is important
7. Strong time management and prioritization skills to meet daily demand and deadlines to fulfill all service requirements
8. CIP designation or actively working towards completion of CIP courses
9. Bilingualism (French and English) a requirement
10. Proficiency in Microsoft Office applications is mandatory – Excel, Word, Power Point, etc.

Our Culture:

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders, and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors.

Our Values: are the guiding principles that inform our decisions, actions, and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity, and Inclusion.

Our Colleague Behaviors: define how we operate and interact with each other no matter our location, level, or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day-to-day interactions with fellow colleagues, and the global communities we serve.

Type: Regular

Time Type: Full time

Primary Location: Toronto - Insurance Canada

Additional Locations: Everest Canada. Privacy Notice | Everest (everestglobal.com)