Cyber Broker, FINEX

at  Purves Redmond

Toronto, ON, Canada -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate04 Jan, 2025Not Specified06 Oct, 20245 year(s) or aboveCyber,Underwriting,Finance,Computer Science,Email,Communication SkillsNoNo
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Description:

FINEX

As a Cyber Broker, FINEX at Purves Redmond Limited, you will manage an existing portfolio of clients, specializing in Cyber Insurance lines. You will oversee the renewal process, negotiate terms and pricing, provide risk management advice, and ensure the highest level of service to clients. This role requires close collaboration with internal teams.

ACCOUNTABILITIES:

  • Manage the renewal process for Cyber lines of coverage, ensuring policies meet clients’ business needs, including market placement of insurance policies and risk management advice
  • Negotiate terms, conditions and pricing of coverage with insurers for new and renewal business
  • Review coverage and recommend adjustments as necessary to optimize protection
  • Conduct technical reviews of policy documents, ensuring accuracy before presenting them to clients
  • Request and follow-up on policy documents and amendments from insurers
  • Work with internal stakeholders to produce client presentations on insurance terms and conditions
  • Present terms and conditions of coverage to clients, working closely with internal stakeholders
  • Respond promptly to client inquiries and requests, ensuring exceptional customer service
  • Maintain accurate and up-to-date client records in the broker management system (EPIC) and shared drives
  • Represent Purves Redmond Limited at industry and client events to build and maintain relationships

THE IDEAL CANDIDATE MEETS THE FOLLOWING REQUIREMENTS:

  • 5 years of experience in Cyber and/or Financial Lines Insurance, either in Broking or Underwriting, is an asset
  • Degree or diploma in Business, Finance, or a background in Computer Science is preferred
  • Certifications and designations such as Certified Information Systems Security Professional (CISSP), Cyber Professional Liability Practitioner (CPLP), Certified Cyber Insurance Specialist (CCIS) and CompTIA Security+ are considered valuable assets
  • Proficient with Microsoft Office Suite
  • Possess a valid Registered Insurance Brokers of Ontario (RIBO) License, or willing to obtain
  • Detail-oriented with the ability to work effectively under pressure, managing multiple priorities
  • Strong commitment to client service excellence, with the ability to meet or exceed expectations
  • Excellent oral and written communication skills
  • Proactive learner, motivated to develop and grow professionally
  • Enjoys teamwork and collaborating
    If this opportunity is right for you, please submit your resume and cover letter by email to careers@purvesredmond.com and reference the Job ID above in the title. We would like to thank all applicants for their interest but only those selected for an interview will be contacted.
    At PRL, we are an equal employment opportunity employer based on job-related skills and experience. If you require any accommodation during the hiring process or upon hire, please inform Human Resources and we will provide suitable accommodation that takes into account the applicant’s accessibility

Responsibilities:


REQUIREMENT SUMMARY

Min:5.0Max:10.0 year(s)

Insurance

Banking / Insurance

Insurance

Diploma

Computer Science, Business, Finance

Proficient

1

Toronto, ON, Canada