Aon Corporation Underwriter - LINX Underwriting - Markham in Markham, Ontario
Aon Is Looking For An Underwriter
As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of our Linx Underwriting business group within Aon Risk Solutionsin Markham, Ontario. As a Underwriter you will report directly to the Vice President.
Your Impact As an Underwriter
Underwriting new business, renewal, and endorsement according to guidelines and authority limits. Refers files along with summary and recommended course of action for those accounts outside underwriting authority and exceptions to guidelines.
Assists in developing, enhancing and maintaining underwriting methods and techniques, which achieve underwriting integrity in a cost-effective manner.
Works independently and makes decisions on individual risk selection and acceptance.
Negotiates and binds terms, conditions and premium for new and renewal accounts within individual assigned portfolio and authority level.
Responsible for production in order to generate new business opportunities and retain existing account which meets Company X’s strategies and underwriting guidelines.
Maintaining bordereau’s and logs as required by binding authorities
Provide forecasting for new and renewal business under designated binding authorities.
Review work completed by Customer Service Brokers/Associate Brokers for accuracy. Applies appropriate factors to rating basis/formulas provided.
Participates in self-development activities to improve or develop knowledge of underwriting or business- related subjects.
Performs various other duties as directed by Department Manager
Assists with training of Broker within either the Call Centre or other AON branches and support staff in understanding the function of underwriting.
Responsible for claims review and assessment
Management of claims data base
Maintain relationships with insurers to which authority is given
Keep up to date on changes in the marketplace and with competitors
Facilitates and maintains policy information and accounting bordereau’s for binding authority
Performing other related duties as assigned.* *
You Bring Knowledge and Expertise
- Minimum 5-10 years or more experience in Commercial Property/Casualty underwriting with experience underwriting professional lines of coverage.
- Preference will be given to candidates with a background with a MGA or managing a small agency.
- Sound knowledge of policy wordings.
- Strong analytical, mathematical, decision making and negotiating skills
- Excellent interpersonal and communication skills.
- Proficient computer skills in: MS Word, Excel and Lotus Notes.
- Aggressive, committed team player.
- Automobile underwriting experience and bilingual English/French an asset.
- Willing to travel* *
College Diploma/University degree
RIBO License required within 3 months
CIP designation is a positive
We offer you
A competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization.
Our Colleague Experience:
From helping clients gain access to capital after natural disasters, to creating access to health care and retirement for millions, Aon colleagues empower results for our clients, communities, and each other every day. They make a difference, work with the best, own their potential, and value one another. This is the Aon Colleague Experience, defining what it means to work at Aon and realizing our vision of empowering human and economic possibility. Tolearn more visit Aon Colleague Experience.
Aon plc (NYSE:AON) is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Our more than 72,000 colleagues worldwide empower results for clients in over 120 countries with innovative and effective risk and people solutions and through industry-leading global resources and technical expertise. To learn more visitaon.com.
By applying for a position with Aon, you understand that, should you be made an offer, it will be contingent on your undergoing and successfully completing a background checkconsistent with Aon's employment policies. Background checks may include some or all of the following based on the nature of the position: SSN/SIN validation, education verification, employment verification, and criminal check, search against global sanctions and government watch lists, fingerprint verification, credit check, and/or drug test. You will be notified during the hiring process which checks are required by the position.
Aon is committed to a diverse workforce as an Employment Equity employer (Women, People with Disabilities, Aboriginal Peoples, and Visible Minorities).
DISCLAIMER: Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
Posted Date: 12/01/16
Category: Claims & Underwriting
Location: Canada, ON, Markham
Posted Date: 12/01/16