Underwriting Account Manager

Permanent Full Time 

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The National Accounts New Business Underwriting team is looking for an experienced and energetic underwriter to help us achieve growth in the large case market. 

As an Underwriting Account Manager on the New Business Underwriting team, you would be responsible for performing all underwriting functions related to: 

1. new business quotes received from the National Consultant Houses across Canada (excluding Quebec)
2. assist on new business quotes received from the National Consultant Houses across Canada (excluding Quebec) with the Senior Underwriting Account Manager to gain exposure and experience
3. involvement in marketing exercises for existing cases with 1000-5000 lives (excluding Quebec)

You will join a team which combines creativity, collaboration and strategic thinking to develop a compelling proposal that will help Canada Life win more and keep more in this exciting space. 

What you will do:

• Assess risk on complex cases (size, financial arrangement, profile) to determine if the client is a good fit for Canada Life by considering industry, economic outlook, administrative requirements, financial arrangements, and historical experience
• Develop compelling and financially sound proposals including pricing, funding arrangements, guarantees and investment
• Identify creative pricing approaches and demonstrate the advantages to senior management
• Provide a detailed explanation of our pricing methodology and provide the reasons behind our decisions
• Provide thoughtful responses to the underwriting questions in the Request for Proposal (RFP)
• Support the implementation of successful new business clients and support the transition of new business to the renewal underwriting teams 

What you will bring:

• Minimum 3 years of underwriting experience (or equivalent)
• Post-secondary degree or equivalent combination of education and experience
• In depth knowledge of Group Benefits products, pricing and funding arrangements 
• Strong analytical and decision-making skills – Applies a structured approach to identify and analyze options including internal and external risks and impacts, seeks diverse perspectives and uses insights for decision making
• Creative problem solver – Solution focused, can think outside the box to come up with customer focused solutions, challenges the status quo and courageously explores what’s possible
• Solid communication skills, both verbal and written – Clear, concise and articulate, communicates professionally at the right level for the audience
• Excellent negotiation skills – Ability to reach an agreement with a mutually beneficial outcome while avoiding arguments and maintaining relationships
• Execution focused – Strong organizational and time management skills with the ability to handle changing priorities and fluctuating workloads, ability to manage multiple tasks and demanding deadlines
• Relationship building – Actively works to build constructive relationships both internally and externally 
• Growth mindset – Thrives on challenge, takes ownership of own development, sees mistakes as learning opportunities  

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The base salary for this position is between  $52,800.00 - $97,700.00 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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