Junior Underwriter 

Junior Underwriter - MGA programs

Burlington, ON
 

Company:

Modern Specialty Insurance Ltd. (MSI) is an independent Canadian owned MGA with program specific opportunities targeting the Transportation and Niche Habitational sectors. Through our close relationships with our broker partners, we have identified the need in both these categories and have crafted leading edge programs to provide further value to brokers and their clients.

Position Description:

This is an entry level position to assist with the underwriting of Niche Habitational, Commercial Automobile, Property and Casualty accounts.  The incumbent will collaborate internally with all operating areas and externally with the Brokers. This is a growth opportunity for the incumbent to learn and eventually move forward to an Underwriting role.

 

Reports to Underwriting Team Lead

 

Primary Responsibilities: (consists of but not limited to)

  • Manage tasks associated with policy issuance, endorsement underwriting and processing, premium transaction billing, data entry documentation using the MSI Policy Management system.

  • Provide an eloquent and efficient message to the broker along with product information as requested.

  • Coordination of all data collection associated with account submissions received from Brokers.

  • Gathering of all pertinent submission or renewal information for underwriting analysis.

  • Ensure that all workflows, procedures, and underwriting guidelines and service standards are being adhered to.

  • Adhere to all Company policy and all Insurance regulations.

  • Understanding of the MSI Strategy and Product Value in order to articulate to distribution partners.

  • Assist with the underwriting of claims as they occur to ensure the ongoing acceptability of risk and/or need to assist the insured in mitigating future claims.

  • Risk Inspections – ordering, follow up on inspections, attachment of completed inspection and follow up on recommendations to ensure compliance.

  • Other duties as required from time to time
     

Key Competencies:

  • Ability to commute to the office located in Burlington, Ontario, Canada (hybrid set-up)

  • Insurance Program Co-Op student or Graduate

  • Understanding and usage of a company operating system or broker management system is preferred

  • Competency using Google Suite or MicroSoft Office products for spreadsheets, presentations and documents.

  • Excellent verbal and written communication skills

  • High energy, organized, self-starter

  • Strong work ethic, goal oriented

  • Collaborative team player

The above reflects management’s definition of essential functions for this position but does not restrict the tasks that may be assigned. The above responsibilities are representative only; management may modify the duties and responsibilities to this position at any time.