Underwriting Strategy & Analytics Specialist
Job Summary
WHO WE ARE
GreenShieldis a proudly Canadian national non-profit health care and insuranceorganization driven by our mission of Better Health for believe health care is aright not a privilege and we are committed to improving health outcomesadvancing health equity and building a future where every Canadian can reachtheir full health and well-being potential.
Throughour unique integrated payer-provider (payvider) model we offerinsurance administer benefits and pay claims as a payer while offeringhealth care services such as mental health pharmacy telemedicine and chronicdisease management as a provider. As a non-profit social enterprise without shareholders we reinvest our excessearnings to directly support underserved communities. Through GreenShieldCares we positively impacted the health and well-being of over one millionCanadians between 2020 and 2025. Whats driving us now is the commitment to measurably impact an additionalthree million Canadians by 2030 across mental health essential medicinesand chronic disease management through scalable initiatives that delivermeaningful change in pursuit of our mission of Better Health for All.
AtGreenShield our culture is where purpose meets passion and performance. Our teams work as one to delivermeaningful measurable impact for the people and communities we serve.
THEROLE IN A NUTSHELL
Base Salary: CAD $72521.00 - 109341.00
We are seeking a detail-oriented and analytical individualto join our Underwriting Department as a Strategic Underwriting Analyst. Thisrole is pivotal in ensuring that our underwriting processes and decision-makingare aligned with the Annual Operating Plan (AOP). The successful candidate willcontribute to the strategic goals of the department by providing insights andrecommendations based on thorough data analysis.
- Work collaboratively with the Director of Underwriting to develop new strategic plans for underwriting new business as well as for retaining existing business. Find creative solutions to help balance overall profitability with growth.
- Data Analysis and Reporting: Analyze underwriting data to identify trends variances and opportunities for improvement. Generate regular reports to track performance against the AOP.
- Alignment with AOP: Ensure all underwriting activities are in line with the AOP. Monitor and report to senior leadership on key performance indicators (KPIs) related to underwriting objectives.
- Process Improvement: Identify areas for process optimization within the underwriting workflow. Propose and implement solutions to enhance efficiency and effectiveness. Develop CI plans to reduce administrative effort and track against objectives throughout the year.
- Collaboration: Work closely with other departments such as Finance Risk Management and Operations to ensure cohesive alignment with the AOP. Facilitate cross-functional communication and initiatives.
- Risk Assessment: Conduct thorough risk assessments and evaluations to support underwriting decisions. Provide actionable insights to mitigate potential risks.
- Documentation and Compliance: Maintain accurate documentation of underwriting processes and decisions. Ensure compliance with internal policies and regulatory requirements.
- Stakeholder Communication: Communicate findings and recommendations to senior management and key stakeholders. Prepare presentations and reports to support decision-making.
- Evaluate monthly renewals and propose ideas for large or at-risk clients.
- Special projects: look at profitability of block arrangements or other ad-hoc client requests to help support the team.
- Support GS4SB renewals work with director and manager to develop a process for block renewals under 50 lives.
- Offer Peer review on large quotes and renewals; step in for managers if they are out on vacation to help support the team in their absence.
- Offer ongoing training and mentoring to existing employees based on analysis and concerns/issues found during peer reviews.
WHO WERE LOOKING FOR
- Education: Bachelors degree in Actuarial Science Mathematics Economics or a related field. ASA or in progress towards ASA preferred.
- Experience: Minimum of 2-3 years of experience in underwriting financial analysis or a similar role. Experience in aligning business operations with strategic plans is highly desirable.
Skills:
- Strong analytical and problem-solving skills.
- Proficiency in data analysis tools and software (e.g. Excel SQL Tableau).
- Excellent communication and presentation skills.
- Ability to work collaboratively in a team environment.
- Detail-oriented with strong organizational skills.
Attributes: Self-motivated proactive and able to managemultiple priorities. Strong ethical standards and a commitment to integrity.
If you are a driven and analytical professional looking tomake a meaningful impact in the underwriting field we encourage you to applyfor this exciting opportunity.
THE CULTURE
We believe a career should be meaningful. Not just ameans to earn a living. Our culture is one where everyones voice is heard andvalued. Because thats what it takesto create better health for all. We dare to challenge the status quo. And weredriven by people who have challenged theirs. We believe that yourworkplace should empower you to be the best version of yourself. Thats why we provide aplace where you can be inspired challenged and rewarded.
Where your growth means our growth.
Where your voice is heard and valued.
Where your work has purpose. And purpose matters.
We believe our people arecritical to our overall success. Inclusivity makes us a stronger smarter andmore informed organization. Being intentionally inclusive of diversebackgrounds perspectives and experiences will enhance our company culture topositively impact how we support our communities. A career at GreenShield isnt just about personalachievements its about making adifference together.
Heres to Better Health for All!
AFEW MORE DETAILS
Proficiency in English is requiredfor this position. As part of this role you will be required to communicatewith colleagues or customers who use English as their primary language. By requiring English proficiency for thisposition we aim to ensure that our employees can excel in their rolescollaborate and communicate effectively and contribute to the success of ourorganization.
GS supports diversity equity andinclusion in our teams and communities and we value the unique contributionsmade by all. Even if your experience doesnt align perfectly to everyrequirement we invite you to apply. We encourage applications fromall candidates and will accommodate needs under human rights legislationthroughout all stages of the recruitment and selection process. Please let usknow of any accommodation through Information received relating toaccommodation will be addressed confidentially.
Providing this information givesGS consent to use your personal information to assess your suitability forspecific positions future opportunities or for your personnel file. Yourrésumé will be held in strict confidence and will be viewed only by theOrganization. Information may be stored outside of Canada and could be used foraggregate statistical purposes (which uses no personal identification).
AI Usage - GreenShield leverages AI to help produce Job Descriptions and ideate on interview questions. We also leverage AI for interview transcription support.
Required Experience:
IC