Senior Group Insurance Underwriter in Toronto

The Senior Group Insurance Underwriter is directly responsible for assessing the risk and making decisions associated with the sale, amendment and renewal of assigned cases. At times, provide annual financial reports to clients about their plan. The underwriter role is suited to the inquisitive individual who enjoys continuous learning and applying their knowledge in varied scenarios. You are a keen problem solver who likes to analyze intricate data and make decisions based on your analysis. In this role, you will be exposed to the entire lifespan of a client and interact with all Group departments. This will give you extraordinary scope in the group operation and often require you to take ownership over process and policy.

This role requires Reliability Status security clearance - this is a personnel security status that is required before an employee can gain access to Protected B information, assets or work sites as outlined by the Government of Canada website. We will provide successful candidates with a potential career path to move four career levels within the department.

What you will do:

• Performing analysis for the purposes of quoting, negotiating, and authorizing the acceptance of risk within a specified authority level
• Ensuring adherence to policies, procedures, and underwriting guidelines
• Managing the pricing of assigned in-force caseload, including performing the annual renewal of rates and expenses, in-force quotes, marketings and approvals of amendments
• The management of all aspects of financial reporting for an assigned caseload
• Production of financial and service agreements on assigned caseload
• Quotation of new business
• Communicating decisions and responding to our business development representatives, the client, or the advisor’s requests in a prompt and professional manner
• Building positive working relationships with peers and other internal business areas
• Meet with Senior Leaders as appropriate respecting specified authority levels
• Act as an Underwriting resource for various projects and departmental initiatives

What you will bring:

• You have post-secondary education or an equivalent combination of education and experience
• You’re curious and inquisitive. You love math!
• You get energized when you work in partnership with team members, business development offices, and many other internal business areas, and you do this with your excellent interpersonal skills.
• Your verbal and written communication skills are both effective and efficient
• You are a driver who has the ability to meet tight deadlines, work under pressure, and prioritize multiple tasks and shifting priorities
• Your powerful analytical skills provide good judgement, solutions to problems and great decisions
• You are convincing. You can be influential and can negotiate with the ability to reach mutually beneficial outcomes while maintaining positive relationships
• You understand what it means to put the customer first.
• You have prior years of experience in Group Underwriting with a strong understanding of group products.
• Experience with Group mainframe (PAS), and GroupNet reporting would be considered an asset
• You have a thirst for knowledge and a willingness to work towards a GBA or full CEBS designation under the CEBS program

The base salary for this position is between $56,900 - $104,700 annually. This represents base salary only and does not represent other variable compensation components of our total compensation (i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

What we offer:

• Career Development: Opportunities for career advancement, access to industry-leading learning programs and up to $2,000 annually towards education reimbursement.
• Health & Wellness: Flexible health and dental benefits, plus a $5,000 mental health benefit to support your well-being.
• Time Off: In addition to regular vacation and personal days, we support community involvement with a volunteer day.
• Financial Security: Company-matching pension plan, share ownership program and additional investment options.
• Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more!
• Emphasis on Community: We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events.

Learn more about Canada Life. We’re committed to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact talentacquisitioncanada@canadalife.com. All information provided will be handled in accordance with applicable laws and Canada Life policies. Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.