Underwriting Assistant
at XL Catlin
Toronto, ON, Canada -
Start Date | Expiry Date | Salary | Posted On | Experience | Skills | Telecommute | Sponsor Visa |
---|---|---|---|---|---|---|---|
Immediate | 23 Apr, 2025 | Not Specified | 24 Jan, 2025 | N/A | Interpersonal Skills,Subject Matter Experts,Endorsements,Key Performance Indicators,Management Skills,Excel,English,Outlook,Ethnicity,Adobe Standard,Shared Services,Underwriting,Service Centers,French,Diverse Groups,Regulatory Requirements | No | No |
Required Visa Status:
Citizen | GC |
US Citizen | Student Visa |
H1B | CPT |
OPT | H4 Spouse of H1B |
GC Green Card |
Employment Type:
Full Time | Part Time |
Permanent | Independent - 1099 |
Contract – W2 | C2H Independent |
C2H W2 | Contract – Corp 2 Corp |
Contract to Hire – Corp 2 Corp |
Description:
SHARE YOUR TALENT
We’re looking for someone who has these abilities and skills:
- Solid competency in MS Office applications: Word, Outlook, and Excel
- Competency in Adobe Standard or similar pdf conversion tool.
- Excellent interpersonal, written and oral communication skills.
- Strong interpersonal skills to work effectively and professionally with diverse groups.
- Excellent attention to detail.
- Proven organizational and problem-solving skills.
- Proven prioritization and time management skills with accurate results.
- Ability to work independent and a self-starter.
- Bilingual in English and French.
- Bachelor’s degree preferred.
- Some insurance experience and/or training, or equivalent combination of education and experience, preferable in Property related products.
- Knowledge of commercial insurance policy forms and regulatory requirements is a plus.
- CIP Designation preferred but not required.
Responsibilities:
- Liaise with Underwriters, Brokers and Reinsurers on behalf of the Underwriting Support Unit as needed to communicate account status and complete or follow up for outstanding subjectivities.
- Liaise with Underwriters to confirm policy issuance instructions for policies, endorsements, forms, notices, certificates, etc. and effectively process coding/issuance.
- Review and analyze informational reports to glean anecdotal information as required by Underwriters (e.g., summarize Loss Runs).
- Respond to internal and external client inquiries in a professional and timely manner.
- Act as an anchor between shared service centers and onshore Underwriting team to make sure the support to Underwriting is seamless.
- Rate premium changes for premium bearing change requests.
- Execute post-bind account management workflow and any handover to Shared Service teams.
- Quality control document output to ensure accuracy of work and that of shared services.
- Monitor the maintenance of electronic file for accounts as required.
- Maintain or exceed the company key performance indicators as required by Operations team.
- Develop outstanding working relationships and collaborate with Underwriters, Shared Services, and members of the Underwriting Support Unit.
- Assist with Account Receivable collections and troubleshoot as required to ensure payment received reconciles with premium bound.
- Assist with training and knowledge transfer with Shared Services.
- Potential to participate in projects where the Unit may be requested to provide Subject Matter Experts related to the Underwriting Support Unit.
- Potential to participate in projects that relate to process improvement, new system implementation or upgrade, and procedure documentation as required by the Underwriting Support Unit.
- Calculate base rating and apply experience modifications as part of Underwriting package completed by Underwriting Support Unit for Underwriter review – future responsibility
REQUIREMENT SUMMARY
Min:N/AMax:5.0 year(s)
Insurance
Banking / Insurance
Insurance
Trade Certificate
Liaise with underwriters to confirm policy issuance instructions for policies endorsements forms notices certificates etc.
Proficient
1
Toronto, ON, Canada