Group Benefits Underwriter

874 Springboard - Underwriting; Toronto; On-site; CAD 60,000 - 75,000; Full time

Benefits offered by this job

Comprehensive group benefits plan

Generous retirement savings plan

Competitive salaries

Job summary

874 Springboard - Underwriting in Toronto is looking for an Underwriter to evaluate group insurance policies, including life, disability, and health. The role emphasizes strong analytical and communication skills while developing relationships with insurers and clients.

Key responsibilities include preparing quotes, analyzing data, and supporting sales growth. A post-secondary education and 2–4 years’ experience in insurance or client service are required. The position offers a salary between $60,000 and $75,000 annually along with a comprehensive benefits plan.

Qualifications

• 2–4 years of previous related work experience in insurance or client service.
• Knowledge of group benefits and/or insurance industry is an asset.
• GBA designation is an asset.

Responsibilities

• Develop and maintain relationships with carriers, Account Managers, and brokers.
• Run quotes and prepare proposal documents.
• Analyze data and carrier proposals for client recommendations.
• Support new sales and revenue growth targets.

Skills

Analytical skills

Communication

Relationship building

Problem-solving

Organizational skills

Teamwork skills

Computer proficiency in Excel

Education

Post-secondary education or equivalent experience

Job description

The Underwriter reviews group insurance policies (primarily life, disability, health and dental) to evaluate risk and determine acceptance of applications. Core skills of analytics, communication and relationship building are vital as they work to ensure a balance between attracting and retaining customers by providing competitive insurance premiums and covering potential losses from claims.

Responsibilities

• Develop and maintain ongoing relationships with carriers, Account Managers and brokers.
• Run quotes on the internal quote system and prepare proposal documents.
• Prepare market specifications for clients.
• Price new business opportunities as per established guidelines, processes and procedures.
• Analyze data and multiple carrier proposals and make recommendations related to the best option for the client.
• Coordinate new business implementation with account management and implementation team.
• Identify plan/claims issues and recommend solutions to consultants and internal partners.
• Prepare existing client renewal reporting, including negotiations with insurers.
• Support new sales and revenue growth targets.
• Correspond with insurers on various issues and procedures.
• Provide Underwriting Consulting Services to various stakeholders.
• Support working relationships with Plan Sponsors, Plan Administrators and Representatives.

Qualifications

• Post‑secondary education or equivalent experience (focus on math, risk assessment or economics is an asset).
• 2–4 years of previous related work experience, or equivalent in a similar role such as insurance, group benefits or client service.
• Good analytical, problem‑solving and decision‑making skills.
• Good verbal and conflict resolution ability; very good written and listening skills.
• Good teamwork skills; collaborate across underwriting team, various departments and externally.
• Good organizational skills & attention to detail.
• Computer proficiency in Excel.
• Knowledge of group benefits and/or insurance industry is an asset.
• GBA designation is an asset.

Compensation

The base salary for this position is between $60,000 and $75,000 annually. This represents base salary only and does not include other variable compensation components such as an annual bonus or commission. The actual base salary may vary depending on local market conditions, geography, and relevant job‑related factors.

Benefits and Culture

We offer competitive salaries, a comprehensive group benefits plan, and a generous retirement savings plan.

EEO Statement

If you require an accommodation or an alternative format of any posting please reach out to [e-mail]. For more information on Accessibility at People Corporation, visit https://www.peoplecorporation.com/en-ca/accessibility-statement.