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Commercial Account Associate Jobs

Company

Masters Insurance | Financial

Address Vaughan, Ontario, Canada
Employment type FULL_TIME
Salary
Category Construction,Insurance
Expires 2023-09-26
Posted at 8 months ago
Job Description

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

  • Epic year-round employee events!
  • Wellness programs, including a special initiative for new moms
  • Full support of continuing education and growth opportunities, including career mentorship with senior management
  • Membership to an exclusive employee discount program
  • Opportunities to give back to our communities through philanthropic programs
  • Discounts to gym membership and select local retailers
  • Reimbursements of license fees and professional membership dues
  • Robust Group Retirement Savings program with company matching
  • Hybrid work schedule that supports work-life balance
  • Generous health and dental benefits program, including Healthcare Spending Account
  • Competitive compensation package


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:

  • Prepare renewal and claim reviews, review inspection reports and follow up for outstanding
  • Request, check and invoice policy endorsements, renewal documents and policy cancellations.
  • Review insurance requirements in rental leases and contracts and issue requested Certificates of Insurance
  • Recommendations.
  • Manage own abeyances and follow up with insurance underwriters and clients for outstanding
  • Prepare proposals and Binders of Insurance
  • Create and periodically update price comparisons
  • Successfully collaborate with Account Managers, assisting them with their book of business
  • Collaborate and negotiate with Insurance Underwriters and obtain information and answer questions from Masters’ Clients
  • Create and update Summaries of Insurance for new policies and policy renewal
  • Perform other related duties and projects, as required
  • Information
  • Set up premium financing for clients who want to finance their insurance premiums


Candidate Qualifications

Required:

  • Brokerage and/or Insurance company in a similar role and/or with similar duties and
  • Responsibilities
  • Proficient in Microsoft (MS) Office Programs, including Outlook, Word and Excel
  • Working knowledge of commercial lines products
  • Minimum of two (2) years work experience in a commercial lines department at an Insurance
  • RIBO License - can be obtained within first 6 months of employment

An Asset:

  • CIP and/or CAIB designation
  • Previous business experience in operating own business or running a business for others
  • Working knowledge and/or understanding of construction insurance
  • Knowledge of construction, retail or manufacturing industries
  • Familiarity with The Agency Manager (TAM) and Compu-quote


Skill Sets Required

  • Effective verbal and written communication skills
  • Flexibility to work in a fast-paced and dynamic environment with changing priorities
  • Self-motivation with ability to problem-solve with limited supervision
  • Good negotiating and critical thinking skills
  • Ability to work independently and in a team environment
  • Accurate data entry skills with extra attention to detail and overall accuracy
  • Excellent organizational and time management abilities