Group Benefits Underwriter at People Corporation | Toronto, Ontario | Rezi

Group Benefits Underwriter at People Corporation

Group Benefits Underwriter

People Corporation · Toronto, Ontario

1 months ago

Group Benefits Underwriter

People Corporation · Toronto, Ontario

a month ago
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About the Role

The Underwriter reviews group insurance policies to evaluate risk and determine acceptance of applications, balancing customer attraction and retention with competitive premiums and coverage for potential losses.

Responsibilities

  • 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

Requirements

  • Post-secondary education or equivalent experience
  • 2-4 years previous related work experience, or equivalent in a similar role such as insurance, group benefits or client service
  • 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

Skills

  • Analytics
  • Communication
  • Relationship building
  • Excel

Location

  • Remote

Work Type

  • Full-time

Experience Level

  • 2-4 years

Education Level

  • Post-secondary education or equivalent experience

Salary/Compensations

  • $60,000 - $75,000 annually

Benefits

  • 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

About the Company

  • People Corporation is 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.

Equal Opportunity

  • 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 careers@peoplecorporation.com.
  • For more information on Accessibility at People Corporation, visit our link https://www.peoplecorporation.com/en-ca/accessibility-statement.