Senior Portfolio Underwriter – Property and Casualty

Senior Portfolio Underwriter – Property and Casualty

The Senior Portfolio Underwriter will be responsible for meeting or exceeding the commercial insurance

growth and profit goals for assigned brokers.

• Work as a team with the Sr. Production Underwriter to manage your assigned brokers and ensure that excellent broker relationships are maintained.
• Work as a team with the Sr. Production Underwriter and manage your assigned brokers to underwrite and service the renewal portfolio, endorsements, cancellations, certificates etc. to ensure they are completed within service standards in accordance with company guidelines and within assigned authority.
• Assist the Sr. Production Underwriter with new business inputting, rating, issuing and documentation to ensure the correct procedures are followed and service standards are met.
• Develop and maintain strong broker relationships and market our insurance products and services.
• Analyze and evaluate results for your portfolio and use individual or collaborative judgment to ensure that profit and growth goals are met.
• Communicate results, outstanding issues, opportunities to Director of Commercial Insurance.
• Record underwriting information for the purpose of evaluation, assessment, audit and profitability.
• Assist with training and coaching of other staff as required.
• Additional duties as assigned by the Director of Commercial Insurance.

Required Experience, Qualifications, and Expectations:

8+ years of experience in commercial Property/Casualty underwriting including senior-level experience in this area, CIP designation, strong knowledge of Microsoft Word and Excel.

• Strong property and casualty product knowledge, and the ability to make sound underwriting decisions for mid-market and larger complicated accounts.
• Possess excellent oral and written communication skills and superb time management and organizational skills.
• Ability to work well independently as well as part of a team
• Accountability, customer-centric thinking, teamwork and a commitment to excellence.
• Possess strong team building, coaching and leadership skills

Please forward resume to [email protected]

Corporate Underwriter – Special Risks, Toronto

Corporate Underwriter – Special Risks – Downtown Toronto

JOB PURPOSE

The Corporate Underwriter is responsible for the evaluation and servicing highly complex and

unique accounts within the Fronting segment of Specialty Risk, in accordance with established

guidelines and business objectives. The incumbent will be expected to solve highly complex

problems by applying a breadth of expertise to identify innovative solutions as well as develop

and refine contract wordings.

RESPONSIBILITIES

1 Responsible for the successful management and pricing of designated portfolio of fronting and net risk accounts.

• Maintain the long term profitability of a significant portfolio of Fronting accounts regardless of market conditions. This includes the ability to successfully negotiate terms, conditions and pricing to achieve new business, renewal and profitability targets.
• Execute risk selection decisions within the assigned authority and in accordance to corporate guidelines for correct pricing techniques.
• Refer and redirect requests for risk selection for unique or unusual risks beyond personal authority, along with recommendations.

2.  Develop contract wording for new product proposals and business plans.

• Review and manage existing contracts.
• Develop new contract wordings.
• To ensure products and service are delivered in the most effective manner to achieve profit and growth objectives.
• Work with external clients, general counsel and reinsurance departments on contract wordings.

 

3.  Collaborate with and support Specialty Risk team in the development of products and pricing strategies to achieve profitable growth.
4.  Understand and apply best business practices towards compliance, internal control and

operational risk controls in accordance to national standards and regulatory standards and policies.

• Monitor trends and developments identifying areas of concern regarding loss ratios, risk trends, or other discrepancies.

5.  Develop and maintain a knowledge and understanding of company operations and procedures, including demographic, economic, and social characteristics to increase market share.

• Fully supports and understands corporate and Regional financial and underwriting goals and objectives and ensures all underwriters are knowledgeable as to these goals and objectives.
• Participate in the development of business plans to contribute to corporate objectives and assist in the presentation of proposals as required.

6.  Work collaboratively with Supervisors and/or Managers on special projects and assignments requiring advanced technical skills and knowledge when required.
7.  Other duties as assigned.

QUALIFICATIONS & SKILLS

• Proficient in creating and understanding contract wordings; proficiency in the use of Microsoft Word.
• Proficient in creating and maintaining Microsoft Excel-based spreadsheets and workbooks.
• Accurate and detail oriented.
• Commitment to high standards of performance and goals.
• Strong verbal and written communication skills.
• Demonstrated presentation skills.
• Ability to foster and build good working relationships with brokers, customers and business areas inside and outside the work unit.
• Ability to influence decisions and gain agreement and/or support on sensitive issues.
• Strong analytical and decision-making skills.
• Post-secondary school education in legal/accounting preferred and/or equivalent on the job experience.
• Minimum 7-10 years’ experience in underwriting property and casualty insurance risks or senior level experience in Special Risks – warranty and service contract experience is preferred, including data analysis, coverage review and form creation.
• Existing relationships within the industry are valued.
• Basic knowledge of insurance accounting principles, including earning factors, reserves, account receivables and account payables.
• Broad knowledge and understanding of underwriting discipline and pricing models.
• Working knowledge of company underwriting philosophy, policy contracts, rating programs, risk information sources, underwriting/technical manual information, statuary constraints, and computer workflow procedures.
• Ability to work within and adapt to PC oriented environments, including familiarity with e-mail and Internet skills. Advanced knowledge of Microsoft Office.
• Completion of the CIP/FCIP designation an asset.

Please forward resume to [email protected]

Bilingual Claims Adjuster – GTA East $45,000

Bilingual Claims Adjuster – Life, Accident and Health

Comma Recruitment are looking for a Junior / Intermediate Life, accident and Health disability claims adjuster, 1+ years experience in similar claims and must be bilingual in French and English

·         Adjudicate all lines of Life, Accident and Health claims

·         Approve, deny, or inquire further for necessary information from  claimants, doctors, or hospital to assess claimant’s eligibility for benefits.

·         Interprets and administers policy provisions including, but not limited to, eligibility and investigations.

·         Review incoming correspondence concerning existing claims.

·         Refer files for special investigation, if required.

·         Discuss and explain benefit payments to claimants by telephone.

·         Document claim file actions and telephone conversations appropriately.

·         Review claims on diary and send follow up reminders in a timely manner.

·         Refer activity outside of authority level to Senior Adjusters or Claims Manager where appropriate

QUALIFICATIONS REQUIRED

·         Completion of College diploma;

·         1-2 years of claims adjudication experience;

·         Bilingual (Fluent in French and English);

·         Good communication skills, both verbal and written;

·         Aptitude for figures;

·         Possess a logical mind and an understanding of the insurance Industry;

·         Knowledge of medical terminology;

·         Good computer skills;

·         Ability to make sound judgments and good decision-making skills;

·         Strong cross-functional team skills with the ability to work independently;

·         Previous disability management experience, assessing disability claims would be an asset;

·         Previous knowledge of disability products would be an asset.

 

Please forward resume to [email protected]

Special Risks Underwriter – Toronto

Special Risks Underwriter – Entertainment / Sport and Leisure

Comma Recruitment are looking for a Special Risk Underwriter, the purpose of this position is to provide underwriting for specialized markets including Sport and Leisure, risk classification and compliance to established standards.

Experience with Lloyds markets is a great asset.

Underwriters are responsible for evaluating & selecting profitable new risks, based on our underwriting appetite and principles, while developing and maintaining value-driven relationships with brokers.  Experience growing a book of business and technical underwriting knowledge is required.

This is a full time role with excellent vacation, benefits and salary package

Qualifications:

• A minimum of 4 years underwriting experience, Brokerage experience a great asset
• Experience with Lloyds markets or special risks preferred
• College or university degree or equivalent work experience
• Excellent written and verbal communication skills
• Working towards, or have attained, the CIP designation
• Ability to collaborate with peers and subordinates as well as the ability to work well independently

Please forward resume to [email protected]

Bilingual Auto PD / Liability Adjuster – Toronto

Comma Recruitment are looking for a Senior Auto PD with Liability experience.

This position  is  responsible  for  investigating,  negotiating  and  settling  Auto PD claims, product liability, warranty and manufacturing claims.  The adjuster will be responsible for direct file handling and communication with all involved parties.

Bilingual French and English is required.

 

• Confirm valid coverage.
• Fully investigate liability.
• Fully investigate serious injuries & exposure.
• Develop relationship with clients, manage high profile accounts
• Provide instruction and direction to external vendors i.e.: independent adjusters, legal counsel, engineers.
• Calculate ultimate probable exposure and reserve accordingly.
• Properly maintain a diary system to monitor files.
• Actively participate in settlement initiatives along with both private and mandatory mediations.

 

REQUIRED EXPERIENCE AND QUALIFICATIONS

• Minimum 5 years of experience adjusting claims
• Fully Bilingual, French and English
• Detail oriented and well organized individual.
• Strong oral and written communication skills.
• Superb interpersonal skills and leadership qualities/potential.
• Work well individually or as a part of a team.
• Computer literacy with strong working knowledge of Microsoft programs.
• High School Diploma  or  equivalent  and  University  or  College  Degree;  have  or  working  towards  CIP designation.

Please forward resume to [email protected]

Marine Underwriter – Toronto

Intermediate and Senior  Marine Underwriters

Comma Recruitment are looking for Intermediate and Senior Marine Underwriters with 2 -5 years progressive experience. You will be responsible for underwriting within the marine lines unit.

Underwriters are responsible for evaluating & selecting profitable new risks, based on our underwriting appetite and principles, while developing and maintaining value-driven relationships with brokers.  Experience growing a book of business and Ocean Marine technical underwriting knowledge are required.

Based Downtown Toronto we offer an amazing package with the best bonuses in the industry.

 

• Responsible for the successful evaluation, selection, negotiation, and pricing for assigned policies in order to ensure a profitable book of business within established underwriting authority.
• Develop and maintain a professional relationship with brokers and/or customers to enhance understanding of the target market and to contribute to quality service, problem solving, and risk selection.
• Understand and apply best business practices towards compliance, internal control and operational risk controls in accordance to national standards and regulatory standards and policies.
• To monitor business performance, review progress and enable timely corrective or other appropriate actions to be taken with our partners.
• Develop and maintain a knowledge and understanding of company operations and procedures.
• Mentor and train less experienced underwriters and support staff.
• Work collaboratively on special projects and assignments when required.

 

Comma Recruitment are looking for:

• Post-secondary school education and/or equivalent on the job experience.
• Minimum 2 years experience for intermediate and seniors with 5+ years experience underwriting with a sound technical knowledge of Ocean Marine
• Broad knowledge and understanding of underwriting discipline and pricing models.
• Ability to work within and adapt to PC oriented environments, including familiarity with e-mail and Internet skills. Advanced knowledge of Microsoft Office.
• Completion of the CIP/FCIP designation or working towards.

Please forward resume to [email protected]