Group Underwriter
Permanent Full Time
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The 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:
- Managing 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
- Handling field/advisor inquiries, plan changes, reporting needs
- Production of financial and service agreements on assigned caseload
- Act as an Underwriting resource for various projects and departmental initiatives
What you will bring:
- Candidates must have post-secondary education or an equivalent combination of education and experience.
- Excellent interpersonal skills with the ability to work in partnership with sales offices, team members and other internal areas
- Excellent verbal and written communication skills
- Strong organizational and time management skills; ability to prioritize multiple tasks and shifting priorities
- Strong negotiating skills
- Customer service focused
- Strong mathematical and analytical ability
- Strong problem solving and decision making skills
- Prior experience in Group Underwriting with knowledge of products, Group mainframe (PAS) system, and GroupNet reporting will be considered an asset
- Willingness to work towards a GBA or full CEBS designation under the CEBS program
- 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.
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The base salary for this position is between $60,000 - $89,900 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:
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 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 additional investment 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 talentacquisitioncanada@canadalife.com. 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.
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