Personal Insurance Underwriter - Richmond Hill, Canada - Brokerteam Insurance Solutions Inc.

Brokerteam Insurance Solutions Inc.

Verified Company

Richmond Hill, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Primary Responsibilities:

Administer and monitor underwriting rules and guidelines, rating manual rules and insurance laws and regulations to review, underwrite and document new and renewal policy transactions, within authority.
Order, review and take appropriate action on required reports, endorsement requests, service requests and general correspondence.
Analyze individual risk pricing for new business submissions and renewals against template expectations, and assists making appropriate changes within authority.
Communicate with brokers to obtain information needed to underwrite risks, respond to questions and address issues.
Underwrite new business, renewals and endorsements by assessing the acceptability of the risk, and factors affecting the potential for loss.
Maintain service levels, achieve your performance targets, and have the ability to comprehensively discuss and plan with your leader for optimal performance.
Contribute to continuous improvement of work processes and procedures.
Maintain accurate records of decisions made and maintain completeness of policy data
Determine eligibility for policy renewals based on guidelines and retention goals of the company.
Communicate decisions and respond to requests in a prompt and professional manner
Understand rating procedures, wordings, underwriting policies and regulations
Handle work assignments efficiently
Work effectively towards the goals of the team
Build positive working relationships with internal and external parties
Perform other duties as assigned

Personal & Organizational Development**:

Keeps informed regarding industry information, legislation, coverages and technology to continuously improve knowledge and performance.
Interacts with others effectively by utilizing good communication skills, and providing information and guidance as needed to achieve the business goals of the company.

Personal Attributes:

Experienced working knowledge of personal insurance, rating, and underwriting guidelines.
Dedicated to continuous improvement of self and team.
Strong communication and organizational skills.
Ability to creatively and proactively problemsolve.
Motivated to continually develop technical and soft skills.

Associate Broker