Group Underwriter (4633)

Job Posting

Group Underwriter
Organization:  Group Medical Services
Province:  Saskatchewan
Location:  Regina
 
 
Description:

Passionate about servicing Group clients?  Here is your opportunity to prove it. 

Helping you feel protected and live well for sixty-five years, GMS (Group Medical Services), Canada’s health and travel insurance expert, has an immediate career opportunity for a dynamic group focused underwriter. 

We are seeking an experienced individual to take a key role on our Group Underwriting team to support the achievement of GMS strategic objectives in Group Insurance.  As a Group Underwriter, you will have the opportunity to analyze risk and help design customer-focused solutions. You will be a curious, focused and motivated individual looking for more challenge and responsibility plus an opportunity to grow and learn. 

This position reports to the Manager, Group Underwriting.

Position Responsibilities

  • Analysis and pricing of group quotes and renewals less than 500 lives; seeking approval on cases outside authority limits
  • Risk analysis and quote preparation for all lines of group insurance business including health, dental, life and disability
  • Data entry and validation for new quotes and renewals
  • Provide a written narrative of the analysis for each renewal completed of which a persuasive summary is provided to the Underwriting Coordinator to present in the renewal package
  • Effectively negotiate renewal and quote pricing as required with Sales and their clients
  • Pricing of plan alternatives both on and off renewal; incorporating plan experience where applicable
  • Appropriately respond to technical and/or risk questions from our internal partners as well as our external sales partners.
  • Coordinate with the Underwriting Analyst on renewal and/or adhoc report requests
  • Annual review of UW guidelines to ensure they remain current and competitive and delegate to the Underwriting Coordinator to have the documents updated.
  • Review and update renewal procedure manual
  • Informal leadership in mentoring and delegating appropriate underwriting tasks to the Underwriting Coordinator

Competencies

  • Strong written and oral communication skills
  • Ability to review and discuss requests, both written and verbal, to successfully negotiate renewal and quote rate action
  • Solid problem solving abilities for potentially abstract issues and concerns, being able to see both sides of a situation to ensure the best outcome for all parties
  • Taking initiative within the team to accomplish tasks independently and collaboratively; solution problems and provide pro-active feedback on various topics
  • Ability to work in a fast paced environment; deadline driven ensuring timeliness and quality of work
  • Results focused as this role plays into the successful achievement of annual sales and retention targets
Requirements:

Education & Experience

  • Degree in one of the following (Mathematics, Actuarial Sciences, Statistics, Business Admin)
  • GBA is required, CEBS would be considered an asset
  • 3+ years of Group Underwriting Experience is required; previous experience in risk assessment would be considered an asset