Underwriting Assistant

4 weeks ago

London, Canada Canada Life Assurance Company Full time

**Job Description**:
We are looking for a
**Group Insurance Underwriting Assistant**

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. And, at times, provide annual financial reports to clients about their plan.

The Underwriting Assistant supports Group Underwriters and Analysts primarily with manual rate calculations at renewal and amendment requests, plus maintains premium rates on Canada Life billing systems. Manual rates are the first step in plan pricing and from which risk is determined.

**What you will do**
- Review employee data received from the Plan Sponsor for reasonableness and accuracy then manipulate it for import into the ARC tool.
- Calculate manual rates for each renewal and perform analysis on the change in a group’s manual rate year over year.
- On demand manual rate calculations to respond to Plan Sponsor queries on proposed plan changes. Need to be able to interpret the request and offer alternatives for providing pricing if ARC cannot handle.
- Update billing systems when renewal rates are sold and update MIS tool.
- Assist with preparing monthly/quarterly/annual scheduled reporting.
- Monitor the Support Team Mailbox - where on demand requests and sold renewal confirmations are sent by Underwriters

**What you will bring**
- You have post-secondary or an equivalent combination of education and experience.
- You are curious and inquisitive. You love math
- You get energized when you work in partnership with team members and many internal business areas, and you do this with your excellent interpersonal skills.
- Your verbal and written communication skills are both effective and efficient.
- You are a driver who has ability to meet tight deadlines, work under pressure, and prioritize multiple tasks and shifting priorities.
- You are a critical thinker who can problem-solve and make good decisions when working with incomplete information.
- You understand what it means to put the customer first. That is, put the customer at the center of what we do.
- You have a thirst for knowledge. Hence you have a willingness to work towards a GBA or full CEBS designation under the CEBS program.

**Be your best at Canada Life

Being 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._
._

**_
Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted_**.

LI-Hybrid

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