Underwriting Assistant (Remote First) at Zensurance

Toronto, Ontario, Canada

Zensurance Logo
Not SpecifiedCompensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
InsurTech, InsuranceIndustries

Requirements

  • 1+ years of insurance experience
  • College Diploma or University Degree, or equivalent work experience
  • Experience in Personal Lines or Commercial Property/Casualty insurance underwriting is preferred
  • General Knowledge of all areas of general insurance coverage
  • Demonstrated ability to effectively manage time and prioritize tasks to meet tight deadlines, ensuring efficient workflow and timely completion of projects
  • Exemplary attention to detail and a dedicated work ethic, producing high-quality work and ensuring accuracy in all tasks to meet organizational standards and objectives
  • Excellent interpersonal, verbal, and written communication skills
  • Ability to maintain confidentiality and exercise discretion
  • Dedicated team player, actively collaborating with colleagues to achieve common goals, contribute to team success, and foster a positive work environment through effective communication and cooperation

Responsibilities

  • Document issuance and endorsement approval for all in-house programs
  • Provide support across all underwriting processes to help meet the team’s objectives
  • Adhere to underwriting standards and good practices to minimize risk
  • Oversee and manage the referral process to ensure work is being distributed correctly
  • Take ownership of the data integrity; ensure the information on file is accurate and up to date for in-house program policies
  • Act as a resource to our broker team for any additional information required to underwrite accounts
  • Ensure full understanding of in-house program underwriting requirements, including endorsements and limits
  • Adhere to Service Level Agreements of both Zensurance and our partner markets
  • Maintain quality controls and check work for accuracy
  • Escalate as required difficult/complex items and customer complaints or inquiries to the Underwriter or Team Lead, Underwriting
  • Develop effective working relationships with internal and external stakeholders
  • Perform various other duties

Skills

Underwriting
Data Integrity
Document Issuance
Endorsement Approval
Risk Management
Referral Process
Relationship Management
Insurance Processes

Zensurance

Simplifies commercial insurance for small businesses

About Zensurance

Zensurance simplifies the process of obtaining commercial insurance for small businesses in Canada. Acting as a brokerage, it connects small business owners with various insurance providers to offer products like liability insurance, cyber liability insurance, and commercial auto insurance. By utilizing advanced technology, Zensurance reduces operational costs, allowing them to provide competitive rates and a streamlined purchasing experience. Unlike many competitors, Zensurance offers 24/7 support through a dedicated claims team, ensuring clients receive assistance whenever needed. The company's goal is to empower small businesses by making insurance accessible and affordable, while also providing educational resources to help owners understand their insurance needs.

Toronto, CanadaHeadquarters
2016Year Founded
$13.2MTotal Funding
ACQUISITIONCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Benefits

Remote Work Options
Hybrid Work Options
Comprehensive and Flexible Health and Dental Plans
Health Savings Account/Flexible Spending Account
Parental Leave
Home Office Stipend

Risks

Increased competition from InsurTech startups may erode market share.
Rising customer expectations require continuous innovation in technology and services.
Potential regulatory changes in Canada could impact operations and compliance costs.

Differentiation

Zensurance simplifies insurance for small businesses with a tech-driven approach.
They offer curated insurance packages tailored to specific industry needs.
Zensurance provides 24/7 claims support, enhancing customer satisfaction and loyalty.

Upsides

AI-driven underwriting enhances personalized insurance offerings for small businesses.
Embedded insurance trends offer new distribution channels for Zensurance.
Growing demand for cybersecurity insurance aligns with Zensurance's product expansion.

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