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Job

D&O/E&O Hybrid Underwriter – New Grad, Immediate Start - Ottawa

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Marsh McLennan

22d ago

💼 Graduate Job

Ottawa

AI generated summary

  • Fluently bilingual and a bachelor’s degree in insurance or related field preferred. Strong customer service, negotiation, and communication skills. Analytical and organized with computer proficiency. CIP or accounting designation is an asset. Experience in insurance industry preferred.
  • Analyze submissions, obtain necessary information, assess exposure, negotiate terms with brokers, prepare reports, service accounts, stay informed on claims/exposures, market conditions, and assist senior underwriters with administrative tasks.

Graduate Job

Business, Operations & StrategyOttawa

Description

  • The Underwriter will join our team of 13 colleague in our Directors & Officers Underwriting Department and will report directly to the Directors & Officers department leader. The Underwriter will also work closely with our team of 25 colleagues in our Special Risks, IT and Cyber Underwriting Department.

Requirements

  • Fluently bilingual in both written and oral French is an asset.
  • Completed a bachelor’s degree majoring in insurance, commerce, business, business administration, economics, finance, statistics, accounting, or mathematics is preferred.
  • Work experience in insurance or related industry is an asset.
  • Outstanding customer service and negotiation skills.
  • Excellent verbal and written communication skills.
  • Analytical, logical, organized, and decisive.
  • Strong interpersonal skills to effectively function in a team environment.
  • Computer literate in Word, Excel, and Outlook.
  • What makes you stand out?
  • Working towards or completion of CIP, or an accounting designation is an asset.
  • Victor Insurance Managers Inc. (Victor Canada) is a subsidiary of Victor Insurance Holdings and a leading managing general agent in Canada. Victor Canada has a rich history in specialty insurance and offers a unique range of products and programs distributed through independent brokers and advisors. The company is committed to empowering insurance professionals and their clients through innovation, specialized underwriting expertise, and a nimble, technology-oriented business approach. For more information, visit

Education requirements

Bachelors

Area of Responsibilities

Business, Operations & Strategy

Responsibilities

  • Review and analyze submissions.
  • Identify and obtain additional information required to conduct a proper analysis of risk including cross-referencing with other departments.
  • Assess exposure and determine rates, terms, and conditions of coverage in accordance with underwriting guidelines.
  • Negotiate terms and conditions with brokers.
  • Authorize transmittal of documents to brokers and markets as required.
  • Prepare and maintain periodic reports pertinent to the ongoing operation.
  • Service current accounts.
  • Develop and maintain an awareness of claims and exposures.
  • Maintain an awareness of market conditions, profitability initiatives and competitions.
  • Perform other related duties as requires.
  • Assist more experienced underwriters with administrative tasks and support.

Details

Work type

Full time

Work mode

hybrid

Location

Ottawa