Underwriting Analyst

OverviewPermanent Full Time. We are looking for an Underwriting Analyst. The Group Underwriting department is responsible for assessing the risk and making decisions associated with the sale of an employer benefits plan, amendments to that plan and the annual renewal of the plan. At times, provide annual financial reports to clients about their plan.What You Will DoManual Rate Calculations and Premium Rate Coding: Review employee data received from the Plan Sponsor for reasonableness and accuracy; manipulate it for import into the ARC tool; calculate manual rates at renewal and for options/costings, performing analysis on the change in a group’s manual rate year over year.Renewal and Financial Preparation: Review premium, claims, rates, and reserves for accuracy and reasonableness; identify erroneous data and coordinate with partner departments to fix the data; create the renewal analyses, rate exhibits and listings that are part of the package delivered to the Plan Sponsor by the Underwriter and the Account Executive; create the financial report that will be provided to the Plan Sponsor; tasks related to the financial report directly impact corporate accounting systems.Assist with non-standard on demand reporting and financial estimates: Assist with preparing monthly/quarterly/annual scheduled reporting.What You Will BringYou have post-secondary or an equivalent combination of education and experienceYou are curious and inquisitive. You love mathYou get energized when you work in partnership with team members and many internal business areas, and you do this with your excellent interpersonal skillsYou are highly proficient with Excel and easily learn new tools and applicationsYour verbal and written communication skills are both effective and efficientYou are a driver who has ability to meet tight deadlines, work under pressure, and prioritize multiple tasks and shifting prioritiesYou are a critical thinker who can problem-solve and make good decisions when working with incomplete informationYou understand what it means to put the customer first. That is, put the customer at the center of what we doYou have a thirst for knowledge. Hence you have a willingness to work towards a GBA or full CEBS designation under the CEBS programReliability 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 websiteThe base salary for this position is between $43,400 - $71,900 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.Career opportunities will be open a minimum of 5 business days from the date of posting; closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.Be your best at Canada Life- Apply todayBeing a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success. You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences. Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations.We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. 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. It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact talentacquisitioncanada@canadalife.com.Canada Life would like to thank all applicants; however only those who qualify for an interview will be contacted. #J-18808-Ljbffr