Junior Personal Lines Auditor

My Insurance Broker • Vaughan, ON

9d • CA$55,000 - CA$65,000 • Onsite

About The Position

As a Junior Personal Lines Auditor, you will be responsible for ensuring the accuracy, compliance, and integrity of personal lines insurance policies. This involves conducting detailed audits, analyzing data and risk assessment, and identifying discrepancies and potential risks.

Requirements

• College or University Degree or comparable experience.
• 1 - 3 years of successful underwriting or auditing experience in a general insurance brokerage is required.
• Proficient with insurance policy systems as well as MS Office, specifically Excel, Word, and Outlook

Nice To Haves

• RIBO License or working towards its completion is considered an asset.
• CIP or CAIB Certification or working towards its completion is considered an asset.
• Experience working with company portals and Broker Management System (EPIC) is considered an asset.

Responsibilities

• Analyze and identify potential risks and suggest effective strategies to mitigate them.
• Evaluate the accuracy of underwriting decisions, including risk assessments and premium calculations, ensuring alignment with each carrier’s guidelines.
• Apply sound judgment and logical reasoning when assessing risk and reviewing audit findings.
• Identify errors and/or potential risks in personal lines policies, report findings to management, and clearly explain the significance of the error/potential risk and recommended corrective actions.
• Review personal insurance policies submitted by staff and brokers to confirm compliance with company procedures, regulatory requirements, and industry standards.
• Verify policy documentation for accuracy, completeness, and consistency.
• Ensure strict confidentiality when reviewing and auditing files.
• Assist in preparing and delivering audit reports to the auditing manager, based on workflow requirements.
• Maintain accurate and detailed records of audit activities and findings, in accordance with workflow requirements.
• Use EPIC to review policies and upload audit findings into the appropriate system.
• Perform other related tasks as required.

Benefits

• Accommodation upon request for applicants and employees with disabilities, in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act (AODA).

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree