Commercial Underwriting Assistant

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About Everest:

Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.

Job Summary:

As a key member of the underwriting operations team, you will provide transactional underwriting support for multiple underwriting segments, products, and lines of business (e.g., Property, Casualty, Automobile, Financial lines, Aviation, Energy and Construction, Programs, etc.). You will be accountable for the management of underwriting documentation, transaction processing, collaborating with the underwriting team on a regular basis and pro-actively and effectively communicating 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

• Manage daily underwriting processing of accounts through Everest’s policy quote and issuance system

• Construct policy for underwriting review

• Management of renewal cycle; gathering and preparation of renewal files

• Coordinate loss runs with Claims and provide loss runs to underwriters and brokers if required

• If the file is loss free, communicate directly with broker for renewal information (updated exposure info, total insured values, etc.) as assigned or directed by Underwriter

• Issue all new, renewal and endorsement policy documents and deal with brokers as needed on documentation queries

• Prepare, compile, and base rate new and renewal files for underwriters

Other Duties as needed

• Review and prep referrals to underwriters as needed and issue certificates of   insurance

• Issue registered letters of cancellation / reinstatement

• Generate and prepare business reports as directed which may involve some analysis

• Completion of M&S Insurance to Value calculators and pull Experian and other reports

• Ordering of loss control reports per guidelines and as directed by underwriter

• Review of property valuation data as needed

• Special projects and other duties or responsibilities as assigned 

• Work on underwriting bordereaux, CAT exposures, etc.

Qualifications, Education & Experience:

• Minimum 1 to 3 years of experience as a commercial underwriting assistant is preferred

• Working knowledge of commercial casualty and property insurance preferred or knowledge of transaction processing in the financial industry

• Quick learner and dedication to self-improvement and development is important

• Strong oral and written communication, analytical and computer skills

• Ability to build and maintain excellent relations with brokers and provide superior service

• Team oriented and ability to work effectively with peers

• Strong time management and prioritization skills to meet daily demand and deadlines to fulfill all service requirements

• CIP designation or actively working towards completion of CIP courses

• Bilingualism (French and English) is an asset

• Proficiency in Microsoft Office applications is mandatory – Excel, Word, Power Point, etc.

The base salary range for this position is CAD 50,000 - CAD 65,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. All offers include access to a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, retirement savings plan, paid holidays and paid time off (PTO).  This position is a current vacancy.
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What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

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. Click here to learn more about our culture. 

• 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. Inclusion and Belonging.
• 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. 

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