Underwriting Analyst, New Business

Canada Life; Winnipeg; On-site; CAD 49,000 - 80,000; Full time

Benefits offered by this job

Education reimbursement

Health & dental benefits

Pension plan

Volunteer days

Job summary

Canada Life in Winnipeg is seeking a creative and energetic Underwriting Analyst, New Business for a permanent full-time role. You will analyze information, prepare experience analyses for benefits, run reserves, and support underwriters throughout the quoting process.

The position requires post-secondary education, strong Excel skills, and the ability to meet tight deadlines. Bilingualism is an asset for Quebec. This role offers opportunities for growth and a competitive total rewards program.

Qualifications

• Post-secondary education or an equivalent combination of education and experience.
• Strong analytical and problem-solving abilities with attention to detail.
• Excellent verbal and written communication, with the ability to work under pressure and meet deadlines.

Responsibilities

• Calculate manual rates by manipulating data and setting up classes.
• Ensure adherence to policies, procedures, and underwriting guidelines.
• Set up folders and files for new quotes and dispatch to the correct region.
• Analyze information received to complete quotes and prepare experience analyses.
• Prepare experience analyses on benefits (Life, LTD, STD, Health, Dental).
• Calculate average billed rates and run Life and Disability reserves.
• Review results and summarize for the Underwriter.
• Assist Underwriters through the quoting process and drive process improvements.

Skills

Analytical skills

Communication skills

Problem solving

Interpersonal skills

Attention to detail

Customer focus

Education

Post-secondary education or equivalent

Tools

Excel

Word

Outlook

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’re united by a shared purpose: to improve the financial, physical and mental well-being of Canadians. Our company is trusted by 1 in 3 Canadians and contributes to the strength of communities across the country.

We’re looking for people who live our values everyday: we step up, we do the right thing, and we deliver – for our customers, communities and 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

• Career Development: Opportunities for career advancement, access to industry-leading learning programs and up to$2,000 annually towards education 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 and personal days, we support community involvement with a volunteer day.


• Financial Security:Company-matching pension plan,share ownership program and additionalinvestment options.


• Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more!


• Emphasis on Community: We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events.

Learn more about Canada Life.

We’re committed 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 handled in accordance with applicable laws and Canada Life policies.

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