Group Benefits Underwriter

The Underwriter reviews group insurance (primarily life, disability, health and dental) policies to evaluate risk and determine acceptance of applications. The core skills of analytics, communication and relationship building are vital as they work to ensure a balance between attracting and retaining customers. This will be achieved by providing competitive insurance premiums and covering potential losses from claims.

The Underwriter will:

• Develop and maintain ongoing relationships with carriers, Account Managers and brokers
• Run quotes on internal quote system and prepare proposal documents
• Prepare market specifications for clients
• Price new business opportunities as per established guidelines, processes and procedures
• Analyze data and multiple carrier proposals and make recommendations related to the best option for the client
• Coordinate new business implementation with account management and implementation team
• Identify plan/claims issues and recommend solutions to consultants and internal partners
• Prepare existing client renewal reporting, including negotiations with insurers
• Supporting new sales and revenue growth targets
• Corresponding with insurers on various issues and procedures
• Provide Underwriting Consulting Services to various stakeholders
• Supporting working relationships with Plan Sponsors, Plan Administrators and Representatives

To be successful as an Underwriter with People Corporation, you will need:

• Post-secondary education or equivalent experience (Focus on math, risk assessment or economics is an asset)
• 2-4 years previous work experience in an Underwriting position
• Good analytical, problem-solving and decision-making skills
• Good verbal and conflict resolution ability; very good written and listening skills
• Good teamwork skills; collaborate across Underwriting team, various departments and externally
• Good organizational skills & attention to detail
• Computer proficiency in Excel
• Knowledge of group benefits and/or insurance industry is an asset
• GBA designation is an asset

What's in it for you:

• Comprehensive health and dental insurance.
• Retirement savings plan with company contributions.
• Health and wellness programs, including mental health support.
• Training opportunities and assistance in obtaining professional designations.
• Competitive compensation package.

At People Corporation we are committed to helping businesses succeed. We are a national provider of benefits, retirement, wealth, wellness, and human resource solutions. Our experts and solutions serve over 20,000 clients representing nearly 3 million Canadians. We offer customized solutions designed to fit the unique needs of businesses and their employees, members and stakeholders.

Providing an inclusive, accessible environment, where all employees and clients feel valued, respected and supported is something we're committed to. 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. If you require an accommodation or an alternative format of any posting please reach out to [email protected].

The base salary for this position is between $60,000 - 75,000 annually.

This represents base salary only and does not represent other variable compensation components of our total compensation (i.e. annual bonus). The actual base salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are selected to move forward in our recruitment process, the Talent Acquisition Specialist will be able to provide additional details of the total compensation for this role.