Title: Senior Underwriting Consultant Location: Near a PC Office across Canada / Hybrid
This is an exciting time to join People Corporation. Our high level of acquisition activity and our consistent organic growth continue to define and further enhance our benefits, pension, and HR products and services and how they are delivered to our clients. We are looking for a dynamic individual who enjoys working in a fast-paced and growing company to join our team as a Senior Underwriting Consultant. Reporting to the Director of Underwriting - Enterprise, the Senior Underwriting Consultant will be responsible for carrying out the duties of the underwriting function and supporting the Management team in executing the overall objectives of the Underwriting Department. This technical role is primarily focused on supporting the Director for underwriting projects and is a key resource in supporting the Underwriting, Sales and Service teams in meeting the needs of its clients and other stakeholders.
As the Senior Underwriting Consultant, you will:
Maintain a full understanding of the group insurance markets, funding alternatives, networks and benefit plan options
Working closely with your leader to develop and deliver on pre- and post-renewal strategies, supporting the financial requirement of the client
Conduct analysis of client data in association with; financial reports, monthly and quarterly utilization, annual renewal reports& ad-hoc requests
Be responsible for monitoring and reporting on clients\xe2\x80\x99 cost/utilization patterns, identifying cost drivers, trends, areas of risk and other discrepancies
Review renewal rating based on formulas, knowledge of carrier, current trends, reserves and other related factors, discussing and negotiating with carriers, and completing the renewal cycle with reporting and commentary
Calculate and support on RFPs, amendment pricing and renewal projections
Assist with the preparation of marketing specifications, review and prepare cost comparisons of carrier proposals
Establish positive carrier/vendor relationships for the benefit of both clients and People Corporation
Competencies / Skill Sets required for this role:
Strong working knowledge of group insurance products
Solid understanding of various underwriting and funding methodologies
Strong working knowledge of association plan underwriting, and understanding flex plan pricing
Strong analytical, mathematical and problem-solving skills
Proficient in Microsoft Excel, PowerPoint, and Word
Excellent written and verbal communication skills
Ability to develop and leverage relationships, both internally and externally with clients
Self-motivated, highly driven, team player, with the ability to work independently
Ability to prioritize time-sensitive deadlines in a fast-paced environment
Effective attention to detail and a high degree of accuracy
Outside the box thinking to create efficiency around work
Continuously improve your knowledge in group benefits in the changing environment
Preferred Experience:
The ideal candidate will have 5 to 10 years of increasingly responsible work in a related role, such as group benefits underwriting, group benefits consulting, & actuarial consulting, or an equivalent combination of education & experience sufficient to successfully perform the duties of the job
Post-secondary education in Actuarial Sciences, Mathematics, Statistics, Finance, Economics, Business Admin, Data Science, or related fields
GBA or CEBS designation, LLQP license, and/or Actuarial designations an asset
What\'s in it for you:
Learn by working alongside our experts
Extended health care and dental benefits
A retirement savings plan with company contributions
A suite of Health & Wellness offerings
Mental Health programs and support for you and your family
Assistance for the completion of industry designations
Competitive compensation
What\'s in it for you:
Learn by working alongside our experts
Extended health care and dental benefits
A retirement savings plan with company contributions
A suite of Health & Wellness offerings
Mental Health programs and support for you and your family
Assistance for the completion of industry designations
Competitive compensation
At People Corporation we are committed to helping businesses succeed. We are a national provider of benefits, retirement, wealth, wellness, and human resource solutions. Our experts and solutions serve over 20,000 clients representing nearly 3 million Canadians. We offer customized solutions designed to fit the unique needs of businesses and their employees, members and stakeholders. Providing an inclusive, accessible environment, where all employees and clients feel valued, respected and supported is something we\'re committed to. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential. If you require an accommodation or an alternative format of any posting please reach out to careers@peoplecorporation.com
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