Underwriter

People Corporation; Burnaby; On-site; CAD 55,000 - 70,000; Full time

Job summary

A leading insurance company in Metro Vancouver is looking for an Underwriter to evaluate group insurance applications and ensure compliance with guidelines. The role requires 2-4 years of experience in the insurance or client service industry, strong analytical skills, and excellent communication abilities. The successful candidate will enjoy extended health care benefits and a retirement savings plan. The salary range for this position is $55,000 to $70,000 per annum.

Benefits

Extended health care and dental benefits

Retirement savings plan with company contributions

Mental health programs

Qualifications

• 2-4 years of previous related work experience in insurance or client service.
• Knowledge of group benefits and/or insurance industry is preferred.
• Bilingual in English and French is a plus.

Responsibilities

• Conduct new group insurance applications and evaluate risks.
• Ensure compliance with underwriting guidelines.
• Review contracts for improvement opportunities.

Skills

Analytical problem-solving

Good communication skills

Organizational skills

Attention to detail

Conflict resolution

Education

Post-secondary education or equivalent experience

Job description

The Underwriter continues the development of technical knowledge; they independently review group insurance (primarily life disability health and dental) policies to evaluate risk and determine acceptance of applications. The core skills of communication and relationship building are vital as they work closely with Customer Success New Business and Partnership Development to ensure a balance between attracting and retaining customers. This will be achieved by providing competitive insurance premiums and covering potential losses from claims.

Underwriter will:

• Conduct new group insurance application and current business renewal process; evaluate and analyze risk using underwriting guidelines policies and principles to ensure profitability and competitiveness
• Ensure compliance with underwriting guidelines policies and regulatory obligations throughout the underwriting process
• Regularly review contracts and identify areas for improvement alignment and growth
• Undertake strategic projects that contribute to the sustainability competitiveness and profitability of BBDs block
• Support the review and maintenance of the BBD Underwriting FAQ document
• Support the education of BBD and Partner Solutions teams about Underwriting

To be a successful Underwriter you will need:

• Post-secondary education or equivalent experience
• 2-4 years previous related work experience or equivalent in a similar role such as insurance group benefits or client service
• Good analytical problem-solving and decision-making skills
• Good verbal and conflict resolution ability; very good written and listening skills
• Good organizational skills & attention to detail

All-star candidates will have:

• GBA designation under CEBS program
• Bilingualism in both official languages English & French
• Knowledge of group benefits and / or insurance industry
• Focus on math risk assessment or economics

Whats in it for you:

• Extended health care and dental benefits
• A retirement savings plan with company contributions
• A suite of Health & Wellness offerings
• Mental Health programs and support for you and your family
• Assistance for the completion of industry designations
• Competitive compensation At People Corporation we are committed to helping businesses succeed.

This role will be a part of Benefits by Design a division of People Corporation within Partner Solutions.

We are committed to providing an inclusive accessible environment where all employees and clients feel valued respectful 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. If you require an accommodation or an alternative format of any posting please reach out to

The base salary range for this position is $55000 $70000 per annum. Details of the total compensation package will be shared during the interview process.

Key Skills

Loan Processing, Computer Skills, Fraud, Math, Banking, Pricing, Analysis Skills, Fair Housing Regulations, Underwriting, Financial Analysis, negotiation, Phone Etiquette

Employment Type: Full-time

Experience: years

Vacancy: 1

Yearly Salary: 55000 - 70000