At a Glance
- Tasks: Evaluate group insurance policies and build relationships with clients and carriers.
- Company: Join a leading insurance company focused on innovation and customer satisfaction.
- Benefits: Competitive salary, comprehensive benefits, and retirement savings plan.
- Other info: Dynamic work environment with opportunities for growth and collaboration.
- Why this job: Make a real impact in the insurance industry while developing your analytical skills.
- Qualifications: Post-secondary education and 2-4 years of related experience preferred.
The predicted salary is between 75000 - 75000 $ per year.
The Underwriter reviews group insurance policies (primarily life, disability, health and dental) to evaluate risk and determine acceptance of applications.
Core skills of analytics, communication and relationship building are vital as they work to ensure a balance between attracting and retaining customers by providing competitive insurance premiums and covering potential losses from claims.
Responsibilities
- Develop and maintain ongoing relationships with carriers, Account Managers and brokers.
- Run quotes on the 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.
- Support new sales and revenue growth targets.
- Correspond with insurers on various issues and procedures.
- Provide Underwriting Consulting Services to various stakeholders.
- Support working relationships with Plan Sponsors, Plan Administrators and Representatives.
Qualifications
- Post‑secondary education or equivalent experience (focus on math, risk assessment or economics is an asset).
- 2–4 years of 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.
Compensation
The base salary for this position is between $60,000 and $75,000 annually.
This represents base salary only and does not include other variable compensation components such as an annual bonus or commission.
The actual base salary may vary depending on local market conditions, geography, and relevant job‑related factors.
Benefits and Culture
We offer competitive salaries, a comprehensive group benefits plan, and a generous retirement savings plan.
EEO Statement
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 https://www. peoplecorporation. com/en-ca/accessibility-statement.
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Group Benefits Underwriter in Toronto employer: 874 Springboard - Underwriting
At People Corporation, we pride ourselves on being an excellent employer by fostering a collaborative work culture that values analytics, communication, and relationship building. Our employees enjoy competitive salaries, a comprehensive benefits package, and ample opportunities for professional growth in the vibrant city of [Location]. Join us to make a meaningful impact in the group benefits industry while working alongside dedicated professionals who are committed to excellence.
Contact Details:
874 Springboard - Underwriting Recruitment Team
