Underwriting Analyst, New Business

RiseMe; Montreal (administrative region); On-site; CAD 49,000 - 80,000; Full time

Benefits offered by this job

Career Development

Health & Wellness

Time Off

Financial Security

Rewards and Recognition

Emphasis on Community

Job summary

Canada Life is seeking an Underwriting Analyst for New Business. The role focuses on analyzing data to set up quotes and support underwriters, ensuring adherence to guidelines, and driving process improvements.

Ideal candidates are analytical, detail-oriented and able to manage multiple tasks under tight deadlines. Bilingualism is an asset, particularly in Quebec, and the role offers growth opportunities within a large financial services company.

Qualifications

• Post-secondary education or equivalent combination of education and experience.
• Strong interpersonal and communication skills.
• Analytical thinker with attention to detail.

Responsibilities

• Calculate manual rates by manipulating data and determining proper class setup.
• Ensure adherence to policies, procedures, and underwriting guidelines.
• Set up folders and files for new quotes and dispatch to the correct region.
• Perform an analysis of information received to complete the quotes.
• Prepare experience analyses on benefits based on provided experience.
• Calculate average billed rates and run Life and Disability reserves.
• Review results and provide a summary to the Underwriter.
• Support Underwriters through the quoting process.
• Initiate process improvements and participate in projects to streamline processes.

Skills

Interpersonal skills

Analytical skills

Attention to detail

Time management

Education

Post-secondary education

Tools

Microsoft Office

Excel

Job description

Permanent Full Time

We are looking for a creative and energetic Underwriting Analyst, New Business.

The New Business Analyst role is suited to an inquisitive individual who enjoys continuous learning and applying their knowledge in varied scenarios. You are a keen problem solver. You like to analyze intricate data and make decisions based on your analysis.

This role requires Reliability Status Security Clearance. This can only be completed with candidates who receive an offer of employment. This is a personal security status that is required as a condition of employment before an employee can gain access to Protected B information, assets or work sites as outlined by the Government of Canada website. The cost of submitting these checks will be covered by Canada Life.

What you will do

• Calculate manual rates by manipulating the data and determining the proper set up of classes.
• Ensuring adherence to policies, procedures, and underwriting guidelines.
• Set up folders and files for new quotes and dispatch to the correct region.
• Perform an analysis of information received to complete the quotes.
• Prepare experience analyses on all benefits (Life, Long Term Disability, Short Term Disability, Health, and Dental benefits) based on experience information provided.
• Calculate average billed rates.
• Running Life and Disability reserves
• Review & understanding of results to provide a summary to the Underwriter.
• Provide assistance to the Underwriters through the quoting process.
• Initiate process improvements and work on projects that will streamline our processes or assist with our decisions.

What you will bring

• As this position is posted in several locations, we specify that bilingualism is an asset (fluent in French and English) but is required for Quebec only as the position will regularly serve our clients with French and English-speaking needs.
• You have post-secondary education or an equivalent combination of education and experience.
• You get energized when you work in partnership with team members, and you do this with your excellent interpersonal skills.
• Your verbal and written communication skills are both effective and efficient.
• You are a driver who can 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 pay attention to detail and are precise in your calculations
• You understand what it means to put the customer first. That is, put the customer at the center of what we do.
• Current designation or willingness to work towards a GBA or full CEBS designation under the CEBS program is an asset.
• Extensive knowledge of Microsoft Office suite products (Word, Outlook, Excel) is required.
• Knowledge of Group Underwriting and knowledge of group benefit products would be an asset.

The base salary for this position is between $48,800 - $80,200 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.

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 OffIn addition to regular vacation andpersonal days,we support communityinvolvement with avolunteer day.

• Financial SecurityCompany-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.

Learn moreaboutCanada Life.

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