Underwriting Analyst

The Canada Life Assurance Company; London; Vor Ort; CAD 43.000 - 68.000; Vollzeit

Benefits dieser Stelle

Career development

Health & Wellness

Time Off

Financial Security

Rewards and Recognition

Emphasis on Community

Zusammenfassung

Canada Life is seeking an Underwriting Analyst in London, ON. You will support Group Underwriters by compiling data, performing manual rate calculations, and preparing renewal and financial reports.

You will review premiums, claims and rates for accuracy, coordinate with partner departments, and deliver final outputs to underwriters and account executives. A strong Excel user with math skills is essential, with CEBS path a plus.

Qualifikationen

• Post-secondary education or an equivalent combination of education and experience.
• Strong math and analytical skills.
• Excellent written and verbal communication.

Aufgaben

• Manual rate calculations and renewal analyses.
• Review premium data for accuracy and assist with financial reporting.
• Prepare renewal analyses, rate exhibits and listings for Plan Sponsors.
• Support non-standard on-demand reporting and monthly/quarterly reporting.
• Collaborate with internal teams to fix data issues.
• Maintain and update rates in billing systems.

Kenntnisse

Math aptitude

Interpersonal skills

Time management

Attention to detail

Customer focus

Problem solving

Ausbildung

Post-secondary education or equivalent

Tools

Excel

Jobbeschreibung

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We are looking for anUnderwriting Analyst

The Group Underwriting departmentis responsible forassessing the risk and making decisions associated with the sale of an employer benefits plan, amendments to that plan and the annual renewal of the plan. And, at times, provide annual financial reports to clients about their plan.

The Underwriting Analyst supports Group Underwriters by compiling information from various systems/reports into renewal analysis tools and financial report tools, plus manual ratecalculationsand maintenance of the premium rates on Canada Life billing systems. They perform validation of the information gathered and deliver final output to the Underwriter.

What you will do:

Manual Rate Calculations and Premium Rate Coding:

Review employee data received from the Plan Sponsor for reasonableness and accuracy then manipulate it for import into the ARC tool

Calculate manual rates at renewal and for options/costings, performing analysis on the change in a group’s manual rate year over year

Renewal and Financial Preparation:

• Review premium, claims, rates, and reserves for accuracy and reasonableness
• Identify erroneous data and coordinate with partner departments to fix the data
• Create the renewal analyses, rate exhibits and listings that are part of the package delivered to the Plan Sponsor by the Underwriter and the Account Executive
• Create the financial report that will be provided to the Plan Sponsor
• Tasks related to thefinancial report directly impact corporate accounting systems

Assist with non-standard on demand reporting and financial estimates

Assist with preparing monthly/quarterly/annual scheduled reporting

What you will bring:

• You have post-secondary or an equivalent combination of education and experience
• You are curious and inquisitive. You love math!
• You get energized when you work in partnership with team members and many internal business areas, and you do this with your excellent interpersonal skills
• You are highly proficient with Excel and easily learn new tools and applications
• Your verbal and written communication skills are both effective and efficient
• You are a driver who has ability to meet tight deadlines, work under pressure, and prioritize multiple tasks and shifting priorities
• You are a critical thinker who can problem-solve and make good decisions when working with incomplete information
• You understand what it means to put the customer first. That is, put the customer at the center of what we do
• You have a thirst for knowledge. Hence you have a willingness to work towards a GBA or full CEBS designation under the CEBS program
• Reliability Status security clearance - this is a personnel security status that is required before an employee can gain access toProtected Binformation, assets or work sites as outlined by the Government of Canada website

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The base salary for this position is between $43,400 - $68,400annually. 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.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Grow with Canada Life

We’reunited by a shared purpose: to improve the financial,physicaland mental well-beingof Canadians. Our company is trusted by 1 in 3 Canadians and contributes to the strength of communities across the country.

We’relooking for people who live our values everyday: we step up, we do the right thing, and we deliver – for our customers,communitiesand each other.Are you someone who always strives to do the right thing, who steps up for themselves and others, and who delivers with impact? Then we want to hear from you!

What we offer:

We’re committed to supporting our employees through every stage of their career. Here’s what you can expect as a full-time or part-time permanent team member:

• Career Development: Opportunities for career advancement, access to industry-leading learning programs and up to$2,000 annuallytowardseducation reimbursement.
• Health & Wellness:Flexible health and dental benefits,plus a $5,000 mental health benefit to support your well-being.
• Time Off:In addition to regular vacation andpersonal days,we support communityinvolvement with avolunteer day.
• Financial Security:Company-matching pension plan,share ownership program andadditionalinvestment options.
• Rewards and Recognition:Employee recognition programs, service milestone celebrations, employee discounts and more!
• Emphasis onCommunity:We provide aworkplace whereemployeesfeel connected and supported throughEmployee Resource Groups (ERGs),mentorshipprograms,socialclubsandevents.

We’recommitted to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact [e-mail]. All information provided will be handledin accordance withapplicable laws and Canada Life policies.

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

#LI-Hybrid

Requisition ID: 7375

Category: Customer Service and Administration

Location: London, ON, CA Winnipeg, MB, CA