Group Intermediate Underwriter
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Job Location:
Yearly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Discover
The Opportunity
Reporting directly to the Group Pricing and Actuarial Manager the successful candidate plays a key role in analyzing and pricing groups of up to 1000 lives.
You will be responsible for preparing quotes renewals and various option requests ensuring justified competitive proposals that align with market needs.
Your contribution will be essential to:
- Maintain profitability through the development and application of pricing and selection standards;
- Support the group insurance sales team in understanding client needs and delivering competitive benefit and rate proposals;
- Participate in negotiations with reinsurers and collaborate with some of our brokers and TPAs;
- Act as a resource person for junior team members by providing support feedback and contributing to their development.
This role requires excellent organizational and prioritization skills to meet deadlines while maintaining strong relationships with our partners.
What youll do
Responsibilities
- Analysis and Pricing: Conduct analysis and pricing for quotes renewals and option requests for groups of up to 1000 lives. Assess insurability evaluate risks and ensure that proposals are justified competitive and profitable.
- Monitoring and Quality: Verify the accuracy of calculations prepare renewal documents and letters and maintain clear complete documentation for each file in compliance with established standards.
- Negotiation and Collaboration: Participate in negotiations with reinsurers support the sales team in developing competitive offers and work closely with other departments (actuarial accounting claims customer service etc.).
- Priority Management: Effectively organize workload set priorities according to deadlines and client needs while contributing to balancing the overall team workload.
- Continuous Improvement and Knowledge Sharing: Contribute to improving pricing procedures support the development of internal tools act as a resource person for colleagues and assist in training junior team members.
What youll need
Qualifications
- Excellent oral and written communication skills in French and English.
- 6 to 9 years (or more) of experience in group underwritting.
- In-depth knowledge of group insurance pricing and market trends.
- Strong analytical synthesis and problem-solving skills often under tight deadlines.
- Ability to create innovative solutions aligned with client needs.
- Understanding of reports and contracts for various financial agreements (e.g. retention ASO).
- Knowledge of contracts laws and regulations in group insurance across provinces.
- Strong negotiation and decision-making abilities within established standards.
- Advanced proficiency in Microsoft Office especially Excel.
- Strong interpersonal skills and client focus.
Were looking for
Core Skills
A little bit about us
Assumption Life
At Assumption Life we value the development of our employees in diversified and inclusive work teams that foster creative thinking and innovation.
Assumption Life is deeply committed to its communitys development
Founded in 1903 in Massachusetts Assumption Life is the result of a group of people who want to take their destiny into their own hands. Their goal was simple: to ensure the prosperity of Acadian families in New England. Since its inception Assumption Life has continued to making difference beyond the borders of lAcadie for all families across Canada. Our Company which began as a great idea 122 years ago is now one of the largest mutual life insurance and financial services companies in Canada. Today this culture of generosity and commitment is demonstrated by our employees. Whether it is helping out at special events raising funds for charities or helping people in need Assumption Life employees are very committed to their community and are always ready to help.
An employer of choice
We ensure competitive salaries as well as performance-based bonuses generous benefits and flexibility in our policies and practices to respond to the needs of our employees.
Assumption Life is committed to creating a diverse environment and is proud to be an equal opportunity employer. We extend employment regardless of race color ancestry religion sex national or ethnic origin sexual orientation age citizenship marital status family status genetic characteristics disability gender identity or gender expression status of a pardoned person social condition or political activity. If you have a disability or special need that requires accommodation for an interview please let us know by emailing emailprotected
Are you interested
Work With Us
- The opportunity to be part of a dynamic high-performance team that adheres to the following ethical values: leadership collaboration trust and commitment;
- Opportunities for training and development;
- A comprehensive benefits package including competitive salary bonus pension and benefits;
- A paid volunteer day;
- Time off to care for family members and pets.
Key Skills
- Loan Processing
- Computer Skills
- Fraud
- Math
- Banking
- Pricing
- Analysis Skills
- Fair Housing Regulations
- Underwriting
- Financial Analysis
- negotiation
- Phone Etiquette
About Company
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