Group Underwriter

TechAlliance of Southwestern Ontario, London Economic Development Corporation; Canada; On-site; CAD 56,000 - 84,000; Full time

Job summary

A leading company in Canada's insurance industry seeks a Group Insurance Underwriter to assess risks and manage financial reporting for assigned cases. The role requires excellent analytical skills, strong communication abilities, and offers potential career growth to senior levels. Candidates should have post-secondary education and may work towards GBA or CEBS designation. Competitive salaries with additional compensation components are offered.

Qualifications

• Post-secondary education or equivalent experience required.
• Strong mathematical and analytical skills.
• Excellent verbal and written communication skills.

Responsibilities

• Quotation of new business prospects.
• Management of pricing for assigned caseload.
• Production of financial agreements on assigned caseload.

Skills

Interpersonal skills

Communication skills

Organizational skills

Mathematical ability

Analytical ability

Problem solving

Decision making

Education

Post-secondary education or equivalent experience

Job description

The Group Insurance Underwriter is directly responsible for assessing the risk and making decisions associated with the sale, amendment and renewal of assigned cases, as well as providing financial reports to clients. The underwriter role is suited to the inquisitive individual who enjoys continuous learning and applying their knowledge in varied scenarios. In this role, you will be able to interact with various Group departments. We will provide the successful candidate with a potential career path to more senior underwriting levels.

You will do :

• Quotation of New Business prospects
• Managing the pricing of assigned in-force caseload, including performing the annual renewal of rates and expenses, in-force quotes, marketings and approval of amendments
• The management of all aspects of the financial reporting for an assigned caseload
• Production of financial and service agreements on assigned caseload
• Act as an Underwriting resource for various projects and departmental initiatives

What you will bring :

• Candidates must have post-secondary education or an equivalent combination of education and experience.
• Excellent interpersonal skills with the ability to work in partnership with sales offices, team members and other internal areas
• Excellent verbal and written communication skills
• Strong organizational and time management skills; ability to prioritize multiple tasks and shifting priorities
• Strong mathematical and analytical ability
• Strong problem solving and decision making skills
• Prior experience in Group Underwriting with knowledge of products, Group mainframe (PAS) system, and GroupNet reporting will be considered an asset
• Willingness to work towards a GBA or full CEBS designation under the CEBS program

The base salary for this position is between $56,000 - $83,900 annually. This represents base salary only and does not represent other variable compensation components of our total compensation (i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

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