Job description

Job description

Insurance Broker

Job Details

• Location: Norm's Plaza, 2924 Old Hwy 69 unit 6, Val Caron, ON P3N 1E3
• Workplace information: On-site
• Salary: $61,000 annually/ 32.5 hours per week
• Terms of employment: Permanent employment Full time
• Day, Morning
• Starts as soon as possible
• Vacancies: 1 vacancy

 Overview

Languages

•  English

Education

•  Secondary (high) school graduation certificate

Experience

•  7 months to less than 1 year

On Site

•  Work must be completed at the physical location. There is no option to work remotely.

Responsibilities

Tasks

• Identify and develop potential insurance markets and new business opportunities through referrals, networking, community outreach, and client relationship building.
• Assess potential individual, commercial, institutional, and business client insurance needs by evaluating risk exposures, financial information, and coverage requirements to identify appropriate insurance solutions and opportunities. 
•  Conduct detailed client needs assessments through consultations to determine existing coverage, risk tolerance, and gaps in protection across personal and commercial insurance lines.
• Obtain, review, and compare insurance quotations from multiple insurers, analyzing policy terms, coverage limits, deductibles, exclusions, and premium rates to recommend suitable options.
• Calculate, prepare, and clearly explain insurance premiums and policy details, including coverage conditions, limits, deductibles, endorsements, and exclusions to ensure client understanding.
• Recommend, explain, and sell a range of insurance products including automobile, property, fire, commercial and liability insurance coverage.
• Establish and structure client insurance coverage by preparing customized insurance solutions, completing applications, and submitting required documentation to insurers for underwriting approval.
• Liaise with insurance underwriters and carrier representatives to facilitate policy issuance, clarify underwriting requirements, and ensure accurate and timely processing of applications.
• Establish and arrange client payment methods, including annual payments, installment plans, and pre-authorized payment options, ensuring continuity of coverage and accurate processing of transactions.
• Assist clients with policy renewals by reviewing existing coverage, recommending adjustments based on updated risk profiles, and obtaining updated quotations from insurers.
• Support clients through the insurance claims process by explaining procedures, assisting with documentation, and communicating with claims adjusters and insurers to ensure proper claim handling.
•  Respond to client inquiries regarding insurance coverage, policy terms, billing matters, renewals, endorsements, and claims in a timely and professional manner.
• Maintain accurate and up-to-date client records, policy files, and transaction history using brokerage management systems while ensuring confidentiality and regulatory compliance.
• Ensure all insurance activities comply with applicable provincial insurance regulations, licensing requirements, privacy legislation, and brokerage policies and procedures.
• Provide ongoing customer service by maintaining client relationships, conducting periodic policy reviews, and ensuring clients receive appropriate coverage as their needs change.

Experience and specialization

Computer and technology knowledge

• Microsoft Publisher
• MS Excel
• MS Outlook
• MS PowerPoint
• MS Windows
• MS Word
• MS Office
• Electronic mail
• Spreadsheet

Credentials

Certificates, licences, memberships, and courses

• Registered Insurance Brokers of Ontario (RIBO) licence

Additional information

Work conditions and physical capabilities

• Fast-paced environment
• Work under pressure
• Tight deadlines
• Sitting
• Attention to detail

 Personal suitability

• Excellent oral communication
• Excellent written communication
• Flexibility
• Oraganized
• Reliability
• Efficient Interpersonal skills
• Client focus
• Judgement
• Team player

Benefits

Health benefits

• Dental plan
• Disability benefits
• Health care plan
• Paramedical services coverage
• Vision care benefits

Who can apply for this job?

Only apply to this job if:

• You are a Canadian citizen, a permanent or a temporary resident of Canada.
• You have a valid Canadian work permit.

If you are not authorized to work in Canada, do not apply. The employer will not respond to your application.

How to apply

By Direct apply

By email

careers@brokerunion.ca