Job title: Underwriting Analyst (6 Month Contract)

Company: Liberty Mutual Canada

Job description: Department: Alternative Risk Solutions & Programs

Location: Toronto

Reports To: Head of Alternative Risk Solutions & Programs

Company Overview:

Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance products and solutions to mid-size and large Canadian companies with Canadian, North American and/or multinational risks. Liberty Mutual Canada has over 250 employees and services its clients coast-to-coast from our regional offices in Vancouver, Calgary, Edmonton, Toronto, Montreal, and Halifax.

At Liberty Mutual Canada, diversity is about all of us. Our promise to you is a culture that is collaborative, rewarding, and empowering. We are committed to attracting and retaining employees across all dimensions of diversity and believe that recognizing, appreciating, and applying the unique insights, perspectives and backgrounds of each person cultivates an atmosphere of trust and respect. Diversity, Equity & Inclusion (DEI) is how we do business, and we’ll continue to invest in it to create a stronger global organization.

If you are unsure whether or not your experience matches every requirement below, we encourage you to apply anyway. We are looking for varied and diverse perspectives and experiences that we can add to our team!

Our core values guide all of our decision-making and come to life through our benefits and employee programs. We offer:

• A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance
• Competitive health & dental benefits plan
• Competitive time off policy
• Employee & Family Assistance Programs
• An opportunity to get involved and become a member of one of our national employee committees – social responsibility, employee engagement, diversity, equity & inclusion

The Opportunity:

Join the Alternative Risk Solutions & Programs team to empower underwriters to confidently pursue and write multinational programs. The Underwriting Analyst is focused on supporting our Liberty US colleagues in the execution of local Canadian policies (predominately Auto, Environmental, and Casualty).

Working closely with the producing office underwriter or analyst to determine the requirements of local policy placements, completing the underwriting raters (specifically Auto), and facilitating endorsement and policy audit requests.

Supports the producing office underwriter and broker with highly responsive service by managing the workflow from clearance through local policy pricing, quoting, assessment of any policy taxes or fees through to invoicing including policy issuance, reinsurance, and file documentation. Follows up on any and all additional information requirements need on specific transactions.

Duties and Responsibilities:

• Service assigned book of business, acting as the primary contact to facilitate the multinational (inbound) requests for Auto, Environmental and Casualty policies.
• Supports the producing office underwriter and analyst with mid-term account reviews/ stewardship, ongoing service, service planning and endorsements.
• For Auto policies, gathers, analyzes, and ensures the accuracy of pricing and proposal information (rating and pricing tool output, proposal language, coverage forms and endorsements) requested by the underwriter to complete the coverage review, hazard analysis, pricing strategy and proposal.
• Provides customer service to producing office underwriter/analysts and Canadian brokers to facilitate the processing of business; answers questions, resolves problems on topics such as status, underlying coverage, billing, and service needs.
• Executes post-sale account management workflow, including initiation of billing, policy issuance, acquisition of account agreements, reinsurance, and file documentation.
• Demonstrate effective prioritization of workload and provide superior customer service.
• Identify inefficiencies and develop solutions to enhance productivity related to the assigned portfolio.
• Ensure proper organization and documentation of each underwriting file.
• Compile information for monthly reports to assist in identification of portfolio trends and support month-end reconciliations.

Skills & Qualifications:

• Associates or bachelor`s degree preferred.
• Proven track record of performance in Account Analyst or other support roles.
• Knowledge of commercial auto pricing models, coverages, endorsements, forms, cancellation/conditional renewal requirements, terms, processes, and internal service departments.
• Basic knowledge of commercial lines products and contract language including regulatory and policy differences among applicable states.
• Ability to perform work accurately, timely and with minimal supervision.
• Capabilities include critical thinking/problem solving, decision making, customer focus, detail orientation, written/verbal communications, organization, adaptability, courtesy, dependability, and ability to learn/apply new information quickly and accurately.
• Knowledge, skills and capabilities typically acquired through 3 or more years of related work experience.

Liberty Mutual Canada is committed to fostering an inclusive, accessible environment where all employees feel valued and supported. We are committed to building a workforce that is representative of the communities we operate in and serve. If you require an accommodation for the recruitment/interview process due to a disability (which may be invisible or visible, temporary or permanent), please let us know and we will work with you to meet your needs.

Expected salary:

Location: Toronto, ON

Job date: Fri, 03 Nov 2023 23:07:34 GMT