Underwriting Consultant

4 days ago


Waterloo, Canada Manulife Full time

We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. Discover how you can grow your career, make impact and drive real change with our Winning Team today.

**Working Arrangement**

Hybrid

**The Opportunity**

The Underwriting Consultant will experience front line exposure, interdependence with a strong team of professionals, and opportunities both to learn from seasoned Underwriters and to mentor more junior staff. The main accountability will be managing underwriting risk which will drive profitable long-term financial results.

**Responsibilities**
- Establish rates and retentions for new and existing Group Benefit plans ensuring that the appropriate target profitability levels are achieved
- Provide internal account management to proactively manage and/or respond to client requests relating to pricing and benefit changes
- Demonstrate a keen understanding of liability associated with various group benefits arrangements
- Prepare quotation submissions, including responses to questionnaires
- Work with internal partners to ensure administrative and plan design features can be managed
- Improve operating performance that results in long term financial success
- Negotiate contracts - financial arrangements, benefit plan provisions, service and performance standard agreements

**How will you create impact?**

Reporting to the Director, Corporate Accounts Underwriting, you will be directly responsible for managing risk, profitability and persistency on a specific block of Group Benefits clients, helping the organization to achieve or exceed our targets. You will also assist with onboarding of new clients working directly with them and their advisors to help create a strong first impression of Manulife.

**What motivates you?**
- You obsess about customers, listen, engage, and act for their benefit.
- You think big, with curiosity to discover ways to use your agile approach and enable business outcomes.
- You thrive in teams and enjoy getting things done together.
- You take ownership and build solutions, focusing on what matters.
- You do what is right, work with integrity and speak up.
- You share your humanity, helping us build a diverse and inclusive work environment for everyone.

**What we are looking for**
- Post Secondary education with an exceptional business, mathematical and analytical aptitude
- Deep understanding of the Group Insurance market, products and services
- Professional risk management expertise with demonstrated work related Underwriting experience within Group Benefits
- Bilingualism, French and English, is an asset
- Proven ability to effectively partner with and support sales teams
- Excellent Microsoft Office skills with exceptional proficiency in Excel (data manipulation such as pivot tables) and Word
- CEBS, GBA certification is encouraged and recommended
- Ability to make well-balanced decisions that take effective risk management, financial discipline and customer needs into account
- Strong business acumen with ability to communicate complex financial concepts, analyses and results in a clear, concise, easy to understand manner (written and verbal) including the ability to interact with Senior Management, representatives from other Divisions and external customers
- Strategic and creative thinker focused on finding solutions to unique customer needs
- Confident and expert negotiator with proven ability to build relationships and influence decision making
- Persuasive communicator with an ability to clearly articulate ideas and present information within various levels of the organization
- Motivated self-starter and able to work independently in a fast-paced environment
- Demonstrated ability to produce quality materials within tight timeframes and simultaneously manage multiple priorities

**What can we offer you?**
- A competitive salary and benefits packages.
- A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.
- A focus on growing your career path with us.
- Flexible work policies and strong work-life balance.
- Professional development and leadership opportunities.

**Our commitment to you**
- Values-first culture: We lead with our Values every day and bring them to life together.
- Boundless opportunity: We create opportunities to learn and grow at every stage of your career.
- Continuous innovation: We invite you to help redefine the future of financial services.
- Delivering the promise of Diversity, Equity, and Inclusion : We foster an inclusive workplace where everyone thrives.
- Championing Corporate Citizenship: We build a business that benefits all stakeholders and ha



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