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.
You will do:
- Quotation of New Business prospects
- 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
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The base salary for this position is between $56,000 - $83,900 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.
Be your best at Canada Life- Apply today!
Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.
You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.
Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.
Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations.
We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected 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.
It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact talentacquisitioncanada@canadalife.com.
Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.
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Toronto, ON, CA