Underwriting Associate (Engineering & Construction)

About the role

Support the Engineering & Construction Underwriting team, deliver timely and accurate business-processing, administrative, technical, and marketing support to the underwriting process for Insurance & Specialty Underwriters and Client Managers. Duties and responsibilities directly impact productivity, process efficiency, timeliness, profitability, and accuracy of the underwriting process.

• High interaction and coordination with Underwriting and other functional areas including, but not limited to Products, Accounting, Finance and Claims
• Regular interaction with internal and external customers
• Review, update, and maintain account information, data, records, and other documentation as needed, disseminate, or explain information, take direction, give instructions, and address customer complaints and queries
• Conduct preliminary deal analysis; prepare applicable account data for review by Underwriters
• Read, organize, and work with detailed source documents from external customer information
• Assist the Underwriters with drafting and preparing contractual documents and invoices, and compose business correspondence as needed
• Support Underwriters in organizing and preparing data for client/broker meetings
• Actively participate on special projects, as assigned
• There may be an opportunity for cross-training/exposure to other lines

About the team

This role is a part of a team of Underwriting Associates and Analysts, reporting into an Operations Lead, Canada. It requires high interaction and coordination with underwriting, near-shore/off-shore, other functional areas including, but not limited to Products, Finance, Claims, Compliance and Policy Processing.

 About You

• Knowledge and understanding of commercial insurance principles and practices are a plus. Entry level will be considered
• Excellent computer skills - Microsoft Office Suite with emphasis on Microsoft Word, Excel, and Outlook
• Strong attention to detail with the ability to accurately perform routine calculations related to insurance premiums, rates, policy changes, and coverage extensions including Total Insured Value (TIV) increases and extensions, using established formulas and tools.

• Experience managing underwriting documentation, including quotes, binders, policies, and records, while supporting administrative and accounting reconciliation activities. Proven ability to deliver high-quality service and meet established quality and turnaround standards.
• Proven ability working in globally located team situations, understanding, and demonstrating sensitivity toward cultural differences
• Demonstrated success working collaboratively in a matrix environment
• Ability to establish priorities and to plan, coordinates, and monitor personal work plan maintaining status and oversight of multiple submissions
• Strong interpersonal skills and ability to build and maintain effective working relations in a multi-cultural environment
• Excellent listening, reading, written, and verbal communication skills
• French language skills would be an asset
• Strong customer focus and service orientation
• Adaptability to changes in tasks and priorities
• Post-secondary education or equivalent is a plus

The base salary hiring range for thisexisting position is CAD $60,000 - $80,000 . The specific base salary offered for this or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget.  At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.