Senior Group Insurance Underwriter

TechAlliance of Southwestern Ontario, London Economic Development Corporation; London; Hybrid; CAD 55,000 - 93,000; Full time

Job summary

Join a forward-thinking company as a Senior Group Insurance Underwriter, where your analytical prowess and interpersonal skills will shine. In this dynamic role, you'll assess risks, manage financial reporting, and collaborate with various departments to deliver exceptional service. This position offers a clear career path towards more senior underwriting levels, empowering you to grow and excel in your profession. Embrace the opportunity to work in a diverse and inclusive environment that values your unique contributions and fosters your professional development. If you're passionate about making a difference and advancing your career, this role is perfect for you.

Qualifications

• Post-secondary education or equivalent experience is required.
• Prior experience in Group Underwriting with knowledge of products is essential.

Responsibilities

• Assess and manage risk for assigned cases, ensuring adherence to guidelines.
• Produce financial reports and maintain relationships with clients and advisors.

Skills

Analytical Skills

Interpersonal Skills

Negotiation Skills

Communication Skills

Mathematical Skills

Time Management

Education

Post-secondary education

Tools

Group mainframe (PAS)

GroupNet reporting

Job description

The Senior 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.

What you will do:

• Perform analysis for the purposes of quoting, negotiating, and authorizing the acceptance of risk within a specified authority level.
• Ensure adherence to policies, procedures and underwriting guidelines.
• Manage 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.
• Communicate decisions and respond to our business development representatives, the client, or the advisor’s requests in a prompt and professional manner.
• Build positive working relationships with peers and other internal business areas.
• Meet with Senior Leaders as appropriate respecting specified authority levels.
• Production of financial and service agreements on assigned caseload.
• Act as an Underwriting resource for various projects and departmental initiatives.

What you will bring:

• You have post-secondary education or an equivalent combination of education and experience.
• You’re curious and inquisitive. You love math!
• You get energized when you work in a partnership with team members, business development offices, and many other internal business areas, and you do this with your excellent interpersonal skills.
• Your verbal and written communication skills that are both effective and efficient.
• You are a driver who has the ability to meet tight deadlines, work under pressure, and prioritize multiple tasks and shifting priorities.
• Your powerful analytical skills provide good judgement, solutions to problems and great decisions.
• You are convincing. You can be influential and can negotiate with the ability to reach mutually beneficial outcomes while maintaining positive relationships.
• You understand what it means to put the customer first. That is, put the customer at the center of what we do!
• Prior years of experience in Group Underwriting with knowledge of products is required. Group mainframe (PAS) system, and GroupNet reporting will be considered an asset.
• You have a thirst for knowledge. Hence, you have a willingness to work towards a GBA or full CEBS designation under the CEBS program.

The base salary for this position is between $55,700.00 - $92,800.00 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.

Be your best at Canada Life - Apply today!

Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.

Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.

Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations.

We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact [e-mail].

Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.

#LI-Hybrid

Requisition ID: 2864

Category: Customer Service and Administration

Location: London, ON, CA Toronto, ON, CA Vancouver, British Columbia, CA Calgary, AB, CA Edmonton, AB, CA Winnipeg, MB, CA Regina, SK, CA Hamilton, ON, CA

Date: Feb 5, 2025