Group Underwriter

Medavie Blue Cross; Prince Edward Island; Remote; CAD 60,000 - 80,000; Full time

Job summary

A leading health and wellness partner in Canada is seeking a Group Underwriter to work with their underwriting team. You will establish renewal pricing, prepare financial statements, and ensure profitability targets are met. The ideal candidate has post-secondary education, strong analytical and communication skills, and a minimum of two years of Group Underwriting experience. This role is remote and offers competitive compensation.

Qualifications

• Minimum of two years in Group Underwriting experience.
• Strong working knowledge of Microsoft Office Suite specifically Excel and Word.

Responsibilities

• Establishment of renewal pricing based on analysis.
• Prepare financial statements for ASO and Retention groups.
• Ensure underwriting targets for growth and profitability are met.

Skills

Microsoft Office Suite

Bilingualism (French and English)

Analytical skills

Negotiation skills

Communication skills

Education

Post-secondary education

Job description

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

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

• Post-secondary education
• Minimum of twoyears in Group Underwriting experience.
• Strong working knowledge of Microsoft Office Suite specifically Excel and Word.
• 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;
• ExcellentTime-management skills and ability to work in a fast paced environment involving multiple tasks and priorities; and
• Strong negotiation skills.

#CBM1