Underwriting Analyst

3 weeks ago

Toronto, Canada Canada Life Assurance Company Full time

**Job Description**:
**We are 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.

Be your best at Canada Life.

We are looking for a
**_Underwriting Analyst_**

As a member of the Underwriting Analyst team in Toronto, the Underwriting Analyst will be responsible for:

- Preparing Refund and Large Non Refund renewal rate reviews for Group Underwriters by using excel based analysis tools and producing reports from various systems
- Providing a full range of client financial reporting services. This includes the accurate and timely completion of client financial reports for Refund, ASO and Reinsurance Financial Reports.

**What you will do**
- Assisting the Underwriters in the preparation of:

- Refund and Large Non-Refund renewal rate reviews. This involves preparing an experience analysis on all benefits by compiling prior claims experience and evaluating the implication of benefit plan changes and auditing information from various systems (BEN, E&C, TSO/TOCS). Determine the appropriate set up of the renewal analysis and assist in the creation of the renewal package to deliver to the Group Sales Office.
- In the preparation of new business prospects (quotations) as directed by the Underwriter, the Underwriting Analyst will prepare and run the claims experience analysis by interpreting the claims from the prior carrier which have been provided. Benefit rates will be prepared and evaluated.
- Run/validate manual rates
- Prepare various financial statements / reports for policyholders and reinsurers
- Prepare monthly / quarterly experience reports for clients and or Advisors.
- Timely handling and responding to clients (Underwriters, Group Office or leadership) inquiries / requests for ad hoc reports
- Other general or department wide tasks as assigned

**What you will bring**
- Education/skills acquired at post-secondary level or equivalent, or a combination of education and work experience.
- Extensive and proven knowledge of Excel
- Strong mathematical, analytical, problem solving and decision-making skills
- Strong organization skills
- Proven ability to manage multiple priorities and meet critical deadlines
- Excellent verbal and written communication skills
- Ability to work as part of a team as well as independently
- Understanding and knowledge of group products is an asset

**Be your best at Canada Life

**We are one of Canada's top 100 employers**
- 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_

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