Group Benefits Underwriting Consultant

Chad Management Group; Old Toronto; On-site; CAD 60,000 - 80,000; Full time

Job summary

An established industry player is seeking a Group Benefits Underwriting Consultant to join their Reporting & Analytics team. This role is perfect for a detail-oriented professional with a passion for group benefits, who will oversee renewals, manage marketing processes, and provide comprehensive reporting. With a focus on client-centric analysis and financial reconciliation, you will play a crucial role in delivering technical excellence. If you have a strong background in group benefits and are looking to make a meaningful impact, this opportunity is tailored for you.

Qualifications

• Minimum 7 years in Group Benefits consulting or underwriting.
• Strong analytical skills and communication excellence required.

Responsibilities

• Oversee group benefits renewals and negotiate optimal outcomes.
• Draft detailed reports and provide tailored analysis for clients.

Skills

Analytical Skills

Communication Excellence

Time Management

Independence

Education

University or College degree

Tools

Microsoft Word

Microsoft Excel

Microsoft PowerPoint

Job description

Group Benefits Underwriting Consultant – Reporting & Analytics

Location: Mississauga

Are you a results-oriented professional with a passion for delivering technical excellence in group benefits? Join our Reporting & Analytics team as a Group Benefits Underwriting Consultant. We’re looking for a positive and detail-driven individual with a proven ability to provide expert support in group benefits plans.

Key Responsibilities:

• Expertise in Group Benefits: Possess a deep understanding of group benefits products and their complexities.

• Renewal Management: Oversee all aspects of group benefits renewals, including analyzing insurer proposals and negotiating optimal outcomes for clients.

• Marketing Oversight: Manage marketing processes by preparing specifications, addressing market queries, and summarizing and comparing quotes.

• Financial Reconciliation: Validate the accuracy of refund-accounted or ASO financial reconciliations provided by insurers where applicable.

• Comprehensive Reporting: Draft detailed reports for renewals, marketing, or financial reconciliations, providing tailored analysis, insights, and recommendations.

• Budgeting Support: Calculate projected renewal ratings and offer detailed justifications to assist clients in budgeting effectively.

• Client-Centric Analysis: Review client-specific experience data and prepare actionable insights as guided by the Consultant.

• Plan Design Financials: Develop pricing for plan design changes and illustrate their financial implications to clients.

• Benchmarking & Risk Assessment: Conduct benchmarking to recommend plan improvements and identify potential risks for clients.

Qualifications & Requirements:

• Experience: Minimum 7 years in a Group Benefits consulting environment or as a Group Benefits Underwriter in a technical role.

• Technical Proficiency: In-depth knowledge of underwriting and funding arrangements.

• Analytical Skills: Strong numerical and analytical capabilities.

• Communication Excellence: Exceptional verbal and written communication skills.

• Time Management: Ability to prioritize tasks and manage multiple responsibilities efficiently.

• Independence: Capable of working autonomously while meeting deadlines.

• Education: University or College degree.

• Professional Development: Interest in pursuing the Certified Employee Benefit Specialist (CEBS) designation.

• Technical Skills: Proficiency in Microsoft Word, Excel, and PowerPoint.