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6 Oct 2020

Full-Time Senior Group Benefits Insurance Underwriter

Insurance Career Network – Posted by Monica Anywhere

Job Description

Our client has been a leading provider of group benefits consulting for over 40 years, with a client base consisting of both the public and private sectors.  Total number of employees is at approximately 25, all of which are an integral part of the company’s continued growth and success.  Our client is a learning organization that supports personal and professional development for its employees at every level.

The Position:

  • 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.
  • 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.

Desired Skills & Experience

1.  Core Competencies:

  • Strong verbal and written communication skills (in English).
  • Strong working mathematical skills.
  • Intermediate knowledge of Excel
  • Ability to multi-task and prioritize workload.
  • Must be analytical and possess strong decision making skills.
  • Ability to work independently.
  • Results focused, pro-active and service-oriented

2.  Education and Experience:

  • Experience working with Consulting Firm preferred
  • Minimum 10 years of combined experience as a Group Benefits Underwriter with a major Canadian insurer and/or a group benefits consulting firm is required.
  • University or College degree.
  • Excellent computer software usage skills, mainly with Microsoft Word and Excel.

Additional Information

  • Full time
  • Starting salary of $95,000 or more, depending on candidate’s experience
  • Group Benefits coverage
  • Group RRSP (enrollment after 1 year employment)

How to Apply

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. Since 1991, we have been building and nurturing relationships and with over 13,000 registered candidates, we can tap into our highly technical experience for our clients.  Our recruiters come directly from insurance related positions and bring a wealth of knowledge to each recruitment assignment. TO APPLY:  Register and submit your resume to monica@insurancecareernet.com  or call Monica  for more information 416 703-5120 ext 201

Job Categories: Life. Job Types: Full-Time.

Job expires in 11 days.

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