At a Glance
- Tasks: Support underwriting processes with administrative, technical, and marketing assistance.
- Company: Join Swiss Re, a global leader in insurance and risk management.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Collaborative environment with potential for cross-training and exposure to various functions.
- Why this job: Make an impact in a dynamic team while learning about commercial insurance.
- Qualifications: Entry-level candidates welcome; strong computer skills and attention to detail required.
The predicted salary is between 60000 - 80000 $ per year.
Support the Engineering & Construction Underwriting team by delivering timely and accurate business-processing, administrative, technical, and marketing support to the underwriting process for Insurance & Specialty Underwriters and Client Managers. Duties and responsibilities directly impact productivity, process efficiency, timeliness, profitability, and accuracy of the underwriting process.
High interaction and coordination with Underwriting and other functional areas including, but not limited to Products, Accounting, Finance, and Claims. Regular interaction with internal and external customers.
- Review, update, and maintain account information, data, records, and other documentation as needed.
- Conduct preliminary deal analysis; prepare applicable account data for review by Underwriters.
- Assist the Underwriters with drafting and preparing contractual documents and invoices, and compose business correspondence as needed.
- Support Underwriters in organizing and preparing data for client/broker meetings.
- Actively participate on special projects, as assigned.
- There may be an opportunity for cross-training/exposure to other lines.
This role is a part of a team of Underwriting Associates and Analysts, reporting into an Operations Lead, Canada. It requires high interaction and coordination with underwriting, near-shore/off-shore, and other functional areas including, but not limited to Products, Finance, Claims, Compliance, and Policy Processing.
About You
- Knowledge and understanding of commercial insurance principles and practices are a plus. Entry level will be considered.
- Excellent computer skills - Microsoft Office Suite with emphasis on Microsoft Word, Excel, and Outlook.
- Strong attention to detail with the ability to accurately perform routine calculations related to insurance premiums, rates, policy changes, and coverage extensions including Total Insured Value (TIV) increases and extensions, using established formulas and tools.
- Experience managing underwriting documentation, including quotes, binders, policies, and records, while supporting administrative and accounting reconciliation activities.
- Proven ability to deliver high-quality service and meet established quality and turnaround standards.
- Proven ability working in globally located team situations, understanding, and demonstrating sensitivity toward cultural differences.
- Demonstrated success working collaboratively in a matrix environment.
- Ability to establish priorities and to plan, coordinate, and monitor personal work plan maintaining status and oversight of multiple submissions.
- Strong interpersonal skills and ability to build and maintain effective working relations in a multi-cultural environment.
- Excellent listening, reading, written, and verbal communication skills.
- French language skills would be an asset.
- Strong customer focus and service orientation.
- Adaptability to changes in tasks and priorities.
- Post-secondary education or equivalent is a plus.
The base salary hiring range for this existing position is CAD $60,000 - $80,000. The specific base salary offered for this or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget.
Swiss Re is one of the world’s leading providers of reinsurance, insurance, and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.
Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
Underwriting Associate in Toronto employer: Swiss Re
Swiss Re is an exceptional employer that fosters a collaborative and innovative work culture, particularly for the Data-Driven Senior R&D Actuary role. With a strong emphasis on employee growth, you will have access to continuous learning opportunities and the chance to influence key business strategies across North America. The company's commitment to data-driven decision-making in life insurance ensures that your contributions will be meaningful and impactful, all while working in a dynamic environment that values diverse perspectives.
