Group benefits Underwriter (Intermediate and Senior) - IW- 8766

Date of modification:


Job number: IW- 8766

Detail

Job title: Group benefits Underwriter (Intermediate and Senior)

Location: Etobicoke, Toronto

Description

PRIMARY FOCUS: Underwriter - Group benefits

 

Overall purpose and objective of this position
The Underwriter, Group Benefits will be accountable for analyzing complex group characteristics and plan designs to provide appropriately priced benefit solutions that will attract new business and help retain existing clients. With the support of the Director Underwriting, you will lead development of pricing models, data analysis, strategies for new pricing & renewals and new product innovations, as well as managing overall risk for our block of clients. As an underwriter, you will be responsible for producing and auditing quotes and ensure they are produced with meticulous attention to detail; you will also be responsible for training new underwriters and developing process documentation.

SPECIFIC RESPONSIBILTIES/ ACCOUNTABILITIES


1.Analyze prospective clients to:
• Evaluate risk and provide comprehensive benefit solutions
• Accurately price new business opportunities
• Provide value added underwriting by analyzing client needs and developing creative ‘win-win’ solutions

2.Leverage Underwriting Knowledge to:
• Determine renewal strategies for the company’s various blocks of clients and various products and insurance partners
• Determine approaches to pricing strategies for new products and solutions
• Identify, quantify and manage risks associated to the pricing of existing and new clients
• Manage block performance including looking at creative ways to improve that performance

3.Maximize sales and profitability objectives through:
• Constructive negotiations utilizing underwriting judgment and guidelines
• Active participation in process and product improvement initiatives
• Coordination with internal partners as needed to resolve client requests and issues



 QUALIFICATIONS:

Knowledge & Experience
• 3-5 years of experience as claims processor or in a related role • Awareness of the Group Insurance industry and relevant federal and state regulations • Knowledge of underwriting in Group Benefits and product offerings
Skills
• Expert in Microsoft Office
• Ability to complete AD Hoc reporting / SQL preferred
• Self-starter with demonstrated ability to prioritize case load
• Excellent verbal and written communication skills to effectively communicate with internal and external clients
• Excellent organizational and interpersonal skills
• Ability to work collaboratively as a team and/or independently
• Ability to look at things from a strategic and tactical perspective
• Attention to detail • Self-motivated to effectively multi-task and be comfortable with tight deadlines; results oriented
• Analytical with a problem-solving attitude • French Bilingual, written and oral communication is an asset
Education & Certifications
• University Degree in B.Math or College Diploma or equivalent working experience • Other certifications are an asset

 

DGA Careers has been proudly serving the Canadian insurance industry for over 30 years, specializing in providing insurance recruiting services to major insurers, insurance brokerage firms and independent adjusting firms. With offices in Toronto, Vancouver, Montreal, Edmonton, and Calgary, DGA Careers is well positioned to conduct searches with a national scope. Our unrivaled professional network across Canada provides us with the ability to reach vital key influencer's and passive candidates nationally.

Interested candidates please contact Otis at 416-868-6711 ext 234 or forward your resume in confidence to Otis@dgacareers.com. If you are working with another DGA recruiter, feel free to ask them about this position.

Selected candidates will be contacted for screening. 

Information

  • City: Etobicoke
  • Market segment: Group Benefits - Medical
  • Job Type: Full-Time
  • Education: Exp. equivalent to University/College, University Degree
  • Expertise: Underwriting - Group Benefits , Group Benefits
  • Minimum experience required: 3 to 4 Years

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