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19 Oct 2016

Full-Time Group Benefits Underwriter

Insurance Career Network posted by Elaine Kinsella – Posted by Insurance Career Network Inc. –  Mississauga, Ontario, Canada

Job Description

Insurance Career Network is a recruitment firm focused exclusively on the insurance industry.  Our relationships, knowledge and leading experience enable us to connect leading insurers, brokerage firm and independent adjusting firms with the most talented candidates for each role.

All inquiries remain confidential.           

Our client is a leading provider of group benefits consulting for 40 years. With their focus on employee group benefits, they deliver proactive plan management strategies and innovative solutions to help organizations better manage their costs, while ensuring that the integrity of the benefit programs are maintained to meet the employees’ evolving needs.

POSITION PURPOSE:
To provide technical expertise regarding group benefits.  Contribute to the development and success of securing and maintaining group benefit clients for.

RESPONSIBILITIES:
Provides Technical Expertise in Group Benefits

  • Understand the complexities of group benefits and the products available.
  • Handling all aspects of a group insurance renewal, including analyzing the insurer’s proposed position and negotiating the best result available for each client.
  • Handling all aspects of a marketing including preparation of specifications, responding to the market’s queries, summarization and comparison of all quotes received.
  • If applicable, review the accuracy of refund-accounted or ASO financial reconciliations provided by insurer.
  • Write comprehensive report (whether for renewal, marketing or financial reconciliation) including meaningful descriptions, analysis and recommendations.
  • Calculate projected renewal rating (based on 9 months of experience) and write letter outlining the results, for clients’ budgeting purposes.
  • Experience reviews (other than 9 month projections) based on individual client requirements, as outlined by the Account Executive.
  • Prepare pricing for plan design changes and illustrate the financial implications to client.
  • Assist Account Executives with recommendations for improvements in plan designs and help to identify any areas of risk for the client.

Maintains Professional and Technical Knowledge

  • Attend workshops and conferences, review professional publications.
  • Communicate regularly with management, regarding developing trends.
  • Continually build strong working relationships with insurers.

QUALIFICATIONS:
Education and Experience:

  • Minimum of 5 years related experience, preferably as a Group Benefits Underwriter.
  • Experience in the consulting environment a definite asset.
  • University or College degree.
  • Excellent computer software usage skills, including both Word and Excel.

 

 

How to Apply

Call Elaine at 416-703-5120 ext 204 or email Elaine@insurancecareernet.com or reach out on LinkedIn https://ca.linkedin.com/in/elaine-kinsella-26a37523 When you work with Insurance Career Network, you are working with an entire team of Insurance Recruiters. Our team has the contacts to help you find your next great opportunity.

Job Categories: Group. Job Types: Full-Time. Job Tags: Group Benefits and Underwriter.

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