Group Underwriter

Medavie Blue Cross; Canada; Remote; CAD 60,000 - 80,000; Full time

Job summary

A leading health and wellness organization is seeking a Group Underwriter to join their remote team. In this role, you will work collaboratively to achieve financial targets in group health, life, and disability insurance. Ideal candidates will bring strong analytical, communication, and time management skills, along with a post-secondary education and a minimum of two years of Group Underwriting experience.

Benefits

Competitive compensation

Qualifications

• Minimum of two years in Group Underwriting experience.
• Bilingualism (French and English) is considered an asset.
• Enjoy working in a team-based environment.

Responsibilities

• Establish renewal pricing and respond to client inquiries.
• Prepare financial statements for ASO and Retention groups.
• Ensure underwriting targets are met for growth and profitability.

Skills

Strong analytical skills

Excellent communication skills

Time management skills

Negotiation skills

Education

Post-secondary education

Tools

Microsoft Excel

Microsoft Word

Job description

Overview

For over 75 years, Medavie Blue Cross has been a leading health and wellness partner for individuals, employers and governments across Canada. As a not-for-profit organization, we proudly invest in communities to help address some of Canada’s most pressing health care challenges. We are one of Canada's Most Admired Corporate Cultures, one of Canada’s Top 100 Employers, Canada’s Life & Health Insurer of the Year for 2021 and an Imagine Canada Caring Company. Our 2,400 professionals work across six provinces, united by our shared values of being caring, accountable, responsible, innovative and community-minded. We’re committed to ensuring our employees thrive in our award-winning, collaborative culture focused on ensuring health, wellness, and personal and professional growth through a variety of programs and support across our organization. Together with Medavie Health Services, we are part of Medavie — a national health solutions partner with over 7,700 employees. Our mission is to improve the wellbeing of Canadians.

Job Title : Group Underwriter

Department : Medavie and Underwriting

Competition : 87138

Internal / External : Both

Employment Type : Full Time Permanent

Location : Remote Available

Salary : Competitive Compensation

Reports To : Manager, Group Underwriting

Position summary

In the role of Group Underwriter, you will work with the Group Underwriting team to ensure Medavie Blue Cross achieves its financial targets on the group health, life and disability income lines of business.

Key Responsibilities

• Establishment of renewal pricing which includes analysis of experience / trend to justify the reasons behind the renewal and to recommend pricing alternates. This also encompasses responding to client inquiries relating to pricing and experience;
• Establishment of rates for new group business and respond to financial questions within the specifications;
• Prepare financial statements for ASO and Retention groups in accordance with financial agreements;
• Draft and update financial agreements;
• Ensuring underwriting targets are met for growth and profitability;
• Development and ongoing maintenance of direct relationships with clients and producers; and
• Continuous dealings with internal sales staff and other internal customers (ie : Case Management, Group Admin), the agent / broker / consultant network and policyholders.

Qualifications

• Education : Post-secondary education
• Work Experience : Minimum of twoyears in Group Underwriting experience.
• Computer Skills : Strong working knowledge of Microsoft Office Suite specifically Excel and Word.
• Language Skills : Bilingualism (French and English) is considered an asset.
• Other Qualifications :
• Enjoy working in a team-based environment;
• Strong communication skills both written and verbal;
• Self-directed with high levels of personal accountability and responsibility;
• Excellent reasoning, judgment and decision-making abilities;
• Strong analytical skills with high attention to detail;
• Excellent Time-management skills and ability to work in a fast paced environment involving multiple tasks and priorities; and
• Strong negotiation skills.

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