Account Associate - Commercial Insurance
Top Benefits
About the role
The Company
Founded in 1966, Masters Insurance has grown into one of Ontario’s largest and most trusted independent brokerages. We specialize in tailored insurance and surety solutions for the construction industry, built on a foundation of strong client advocacy and longstanding industry partnerships.
Driven by our core values of integrity, care, innovation, and exceptional service, we are dedicated to safeguarding our clients' interests and ensuring their peace of mind.
Our extensive services cover personal and commercial insurance, group benefits, as well as life, estate, and investment solutions. With offices in Toronto, Hamilton, Ottawa, Windsor, New York, and Florida, our skilled team partners with top insurers to provide tailored coverage options and prompt, reliable claims support.
Position Summary
The successful candidate will be working with a supportive, industry-leading team of Account Executives to service and market an active, growing book of business. The position will allow you to gain exposure in commercial risks for small to large 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
- Competitive compensation package
- Generous health and dental benefits program, including Healthcare Spending Account
- Robust Group Retirement Savings program with company matching
- Reimbursements of license fees and professional membership dues
- Full support of continuing education and growth opportunities, including career mentorship with senior management
- Hybrid work schedule that supports work-life balance
- Epic year-round employee events!
- Wellness programs, including a special initiative for new moms
- Opportunities to give back to our communities through philanthropic programs
- Membership to an exclusive employee discount program
- Discounts to gym membership and select local retailers
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:
- Create and update Summaries of Insurance for new policies and policy renewal
- Prepare proposals and Binders of Insurance
- Create and periodically update price comparisons
- Prepare renewal and claim reviews, review inspection reports and follow up for outstanding recommendations.
- 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
- Successfully collaborate with Account Executives, assisting them with their book of business
- Set up premium financing for clients who want to finance their insurance premiums
- Perform other related duties and projects, as required
Candidate Skills & Qualifications
- Required
- RIBO License to be obtained within 6 months of continuous employment
- Proficient in Microsoft (MS) Office Programs, including Outlook, Word and Excel
- An Asset:
- CIP and/or CAIB designation
- Familiarity with The Agency Manager (TAM) and Compu-quote
- Minimum of 1 year of similar experience in a Commercial Insurance department at an Insurance Brokerage and/or Insurance company in a similar role and/or with similar duties and responsibilities
- Working knowledge of Commercial Insurance products
- Effective verbal and written communication skills
- Excellent organizational, critical thinking and time management skills
- Self-motivation with ability to problem-solve with limited supervision
- Flexibility to work in a fast-paced and dynamic environment with changing priorities
- Ability to work independently and in a team environment
- Accurate data entry skills with extra attention to detail and overall accuracy
Masters Insurance Limited is an equal opportunity employer dedicated to fostering an inclusive and accessible workplace. We are committed to accommodating the needs of applicants in compliance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act at every stage of the recruitment and selection process. If you require accommodation, please contact us at (416) 637-5699 or email cclare@mastersinsurance.com.
About Masters Insurance | Financial
Established in 1966, Masters Insurance is one of Ontario’s largest, most trusted independently owned brokerages. Specializing in insurance and surety solutions for the construction segment, Masters is powered by strong client advocacy and deep-rooted industry affiliations. Our full services extend to personal and commercial insurance, group benefits, and life, estate and investment planning. With offices in Toronto, Hamilton, Ottawa, Windsor, New York and Florida, our team of over 150 employees collaborate with top insurers to provide competitive terms and responsive claims service.
Account Associate - Commercial Insurance
Top Benefits
About the role
The Company
Founded in 1966, Masters Insurance has grown into one of Ontario’s largest and most trusted independent brokerages. We specialize in tailored insurance and surety solutions for the construction industry, built on a foundation of strong client advocacy and longstanding industry partnerships.
Driven by our core values of integrity, care, innovation, and exceptional service, we are dedicated to safeguarding our clients' interests and ensuring their peace of mind.
Our extensive services cover personal and commercial insurance, group benefits, as well as life, estate, and investment solutions. With offices in Toronto, Hamilton, Ottawa, Windsor, New York, and Florida, our skilled team partners with top insurers to provide tailored coverage options and prompt, reliable claims support.
Position Summary
The successful candidate will be working with a supportive, industry-leading team of Account Executives to service and market an active, growing book of business. The position will allow you to gain exposure in commercial risks for small to large 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
- Competitive compensation package
- Generous health and dental benefits program, including Healthcare Spending Account
- Robust Group Retirement Savings program with company matching
- Reimbursements of license fees and professional membership dues
- Full support of continuing education and growth opportunities, including career mentorship with senior management
- Hybrid work schedule that supports work-life balance
- Epic year-round employee events!
- Wellness programs, including a special initiative for new moms
- Opportunities to give back to our communities through philanthropic programs
- Membership to an exclusive employee discount program
- Discounts to gym membership and select local retailers
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:
- Create and update Summaries of Insurance for new policies and policy renewal
- Prepare proposals and Binders of Insurance
- Create and periodically update price comparisons
- Prepare renewal and claim reviews, review inspection reports and follow up for outstanding recommendations.
- 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
- Successfully collaborate with Account Executives, assisting them with their book of business
- Set up premium financing for clients who want to finance their insurance premiums
- Perform other related duties and projects, as required
Candidate Skills & Qualifications
- Required
- RIBO License to be obtained within 6 months of continuous employment
- Proficient in Microsoft (MS) Office Programs, including Outlook, Word and Excel
- An Asset:
- CIP and/or CAIB designation
- Familiarity with The Agency Manager (TAM) and Compu-quote
- Minimum of 1 year of similar experience in a Commercial Insurance department at an Insurance Brokerage and/or Insurance company in a similar role and/or with similar duties and responsibilities
- Working knowledge of Commercial Insurance products
- Effective verbal and written communication skills
- Excellent organizational, critical thinking and time management skills
- Self-motivation with ability to problem-solve with limited supervision
- Flexibility to work in a fast-paced and dynamic environment with changing priorities
- Ability to work independently and in a team environment
- Accurate data entry skills with extra attention to detail and overall accuracy
Masters Insurance Limited is an equal opportunity employer dedicated to fostering an inclusive and accessible workplace. We are committed to accommodating the needs of applicants in compliance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act at every stage of the recruitment and selection process. If you require accommodation, please contact us at (416) 637-5699 or email cclare@mastersinsurance.com.
About Masters Insurance | Financial
Established in 1966, Masters Insurance is one of Ontario’s largest, most trusted independently owned brokerages. Specializing in insurance and surety solutions for the construction segment, Masters is powered by strong client advocacy and deep-rooted industry affiliations. Our full services extend to personal and commercial insurance, group benefits, and life, estate and investment planning. With offices in Toronto, Hamilton, Ottawa, Windsor, New York and Florida, our team of over 150 employees collaborate with top insurers to provide competitive terms and responsive claims service.