Position Summary
The successful candidate will be working with a supportive, industry-leading team of Account Managers to service and market an active, growing book of business. The position will allow you to gain exposure in commercial risks for small to medium size accounts in the Construction, Realty and Manufacturing segments. Individual must be highly motivated, remain flexible to changing job priorities, and strive to create exceptional service experiences.
Benefits
- Competitive compensation package
- Generous health and dental benefits program, including Healthcare Spending Account
- Robust Group Retirement Savings program with company matching
- Reimbursements of license fees and professional membership dues
- Full support of continuing education and growth opportunities, including career mentorship with senior management
- Hybrid work schedule that supports work-life balance
- Epic year-round employee events!
- Wellness programs, including a special initiative for new moms
- Opportunities to give back to our communities through philanthropic programs
- Membership to an exclusive employee discount program
- Discounts to gym membership and select local retailers
Masters assist employees by paying for work related courses, as well as annual licensing and
designation fees, including RIBO, CAIB, CRM and CIP designations!
Key Accountabilities
- Prepare and issue Certificates of Insurance
- Work efficiently with Microsoft Excel and Word, as well as TAM (Broker Management System) to perform the following tasks:
- Create and update Summaries of Insurance for new policies and policy renewal
- Prepare proposals and Binders of Insurance
- Create and periodically update price comparisons
- Prepare renewal and claim reviews, review inspection reports and follow up for outstanding
- recommendations.
- Request, check and invoice policy endorsements, renewal documents and policy cancellations.
- Manage own abeyances and follow up with insurance underwriters and clients for outstanding
- information
- Review insurance requirements in rental leases and contracts and issue requested Certificates of Insurance
- Collaborate and negotiate with Insurance Underwriters and obtain information and answer questions from Masters’ Clients
- Successfully collaborate with Account Managers, assisting them with their book of business
- Set up premium financing for clients who want to finance their insurance premiums
- Perform other related duties and projects, as required
Candidate Qualifications
Required:
- RIBO License - can be obtained within first 6 months of employment
- Minimum of two (2) years work experience in a commercial lines department at an Insurance
- Brokerage and/or Insurance company in a similar role and/or with similar duties and
- responsibilities
- Working knowledge of commercial lines products
- Proficient in Microsoft (MS) Office Programs, including Outlook, Word and Excel
An Asset:
- CIP and/or CAIB designation
- Familiarity with The Agency Manager (TAM) and Compu-quote
- Working knowledge and/or understanding of construction insurance
- Previous business experience in operating own business or running a business for others
- Knowledge of construction, retail or manufacturing industries
Skill Sets Required
- Effective verbal and written communication skills
- Excellent organizational and time management abilities
- Self-motivation with ability to problem-solve with limited supervision
- Flexibility to work in a fast-paced and dynamic environment with changing priorities
- Ability to work independently and in a team environment
- Accurate data entry skills with extra attention to detail and overall accuracy
- Good negotiating and critical thinking skills
Masters Insurance Limited is an equal opportunity employer committed to an inclusive workplace. We will accommodate the needs of applicants in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act throughout all stages of the recruitment and selection process. If you require accommodation, please contact us at (416) 637-5699.