Insurance Underwriter Job at YOUNGS INSURANCE BROKERS INC.

YOUNGS INSURANCE BROKERS INC. Niagara Falls, ON

$45,000–$52,000 a year

Description:

As a Personal Lines Underwriter, you will review, approve, and process new applications for automobile and home insurance policies. In this position you will work with our production and service staff to assist in the placement of insurance for our customers. You will develop good working relationships with our insurance partners and their underwriting departments to ensure that insurance policies are issued promptly and within approved guidelines.

What you will do:

  • Triage a high volume of incoming applications.
  • Review and assess applications for completeness, accurate rating, and pricing.
  • Collect missing information required to underwrite new applications.
  • Ensure records and relevant documentation is collected to assist in the application approval or decline process.
  • Review and analyze insurance history reports to confirm rating accuracy.
  • Ensure compliance with binding authority.
  • Maintain rating integrity and appropriate risk classification when issuing policies.
  • Develop an understanding of core insurance products and company guidelines.
  • Data entry to issue insurance policies through company online systems.
  • Work collaboratively with all departments and team members to ensure expected service levels are maintained.
  • Main source of contact for staff related underwriting questions.

Qualifications & Experience:

  • Post-secondary education
  • Insurance industry experience is preferred.
  • Familiarity with insurance products and industry systems would be considered an asset.
  • Critical thinking with an analytical mindset and exemplary attention to detail.
  • Sound judgment and the demonstrated ability to make independent decisions.
  • Ability to collaborate with peers as well as the ability to work well independently.

What we look for:

We look for new hires who want to grow with the company and have a genuine desire to contribute to workplace culture and the success of the business.

  • A willingness to learn and to develop in the role.
  • Self-motivation with exceptional organizational and time management skills.
  • Proven ability to work well under pressure in a fast-paced, high-volume setting.
  • Computer savvy, Microsoft Office proficiency, excellence in keyboarding.

Company

As the largest independent brokerage in Ontario, with a history of over 100 years of excellence in customer service, and as an equal opportunity employer, Youngs Insurance Brokers Inc. offers rewarding career opportunities, on going training and development coupled with a professional and comfortable work environment. Our staff values the community in which we live, actively supporting many charitable organizations throughout Ontario. At Youngs Insurance we are mindful of the trust our client's place in us to handle their portfolio of insurance, to achieve the highest level of client satisfaction.

Job Types: Full-time, Permanent

Salary: $40,000.00-$50,000.00 per year

Benefits:

  • Casual dress
  • Company events
  • Dental care
  • Disability insurance
  • Employee assistance program
  • Extended health care
  • Life insurance
  • On-site parking
  • Paid time off
  • RRSP match
  • Store discount
  • Vision care

Flexible Language Requirement:

  • French not required

Schedule:

  • Monday to Friday
  • No weekends

Supplemental pay types:

  • Commission pay

Ability to commute/relocate:

  • Niagara Falls, ON L2J 1A1: reliably commute or plan to relocate before starting work (required)

Work Location: In person




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