Junior Underwriter

**About Benecaid**

A part of Green Shield Canada group of companies, Benecaid provides innovative health benefit solutions for the small-mid size companies in Canada. Benecaid has long been recognized as the leading alternative to the traditional insurance companies, in a market where small and mid-sized employers have been largely underserved. Benecaid sets itself apart from the competition, by using technology, creative product development and a stellar customer experience to solve problems for employers. Honeybee Benefits is our next generation benefits platform built for today’s modern workforce that empowers employers to compete better for talent.

The Junior Underwriter, Group Benefits will be accountable for analyzing group characteristics and plan designs in order to provide appropriately priced benefit solutions that will attract new business and help retain existing clients. You will be involved in developing pricing strategies for renewals and new product introductions, as well as managing overall risk for our block of clients. As the underwriter, you will ensure accurate quotes are produced with meticulous attention to detail.

**Responsibilities**:

- ** Analyze prospective clients to (60%)**:

- Evaluate risk and provide comprehensive benefit solutions
- Accurately price new business opportunities
- Provide value added underwriting by analyzing client needs and developing creative ‘win-win’ solutions

**Maximize sales and profitability objectives through (15%)**:

- Constructive negotiations utilizing underwriting judgment and guidelines
- Active participation in process and product improvement initiatives
- Coordination with internal partners as needed to resolve client requests and issues

**Leverage Underwriting Knowledge to (15%)**:

- Determine renewal strategies for Benecaid’s various blocks of clients and various products and insurance partners
- Determine approaches to pricing strategies for new products and solutions
- Identify, quantify and manage risks associated to the pricing of existing and new clients
- Manage block performance including looking at creative ways to improve that performance

**Ad Hoc, Miscellaneous and other duties as assigned (10%)**

**Knowledge, skills and experience**:

- 2 -3 years of experience as claims processor or in a related role
- Awareness of the Group Insurance industry and relevant federal and state regulations
- Knowledge of underwriting in Group Benefits and product offerings
- Expert in Microsoft Office
- Ability to complete AD Hoc reporting / SQL preferred
- Self-starter with demonstrated ability to prioritize case load
- Excellent verbal and written communication skills to effectively communicate with internal and external clients
- Excellent organizational and interpersonal skills
- Ability to work collaboratively as a team and/or independently
- Ability to look at things from a strategic and tactical perspective
- Attention to detail
- Self-motivated to effectively multi-task and be comfortable with tight deadlines; results oriented
- Analytical with a problem-solving attitude
- Proficient in English and French language communication(both verbal and written)

**Why us?**

We offer a robust employee benefits offering including:

- Dental care
- Disability insurance
- Employee assistance program
- Extended health care
- Life insurance
- On-site parking
- Paid time off
- RRSP match
- Vision care
- Wellness program

**Schedule**:
Monday to Friday

**Supplemental pay types**:
Bonus pay

**Ability to commute/relocate**:
Toronto, ON M9C 5L5: reliably commute or plan to relocate before starting work (required)

**Work Location**: In person