Senior Underwriting Consultant
2 months ago
We are seeking a highly skilled Senior Underwriting Consultant to join our team at People Corporation. As a key member of our group benefits team, you will play a critical role in delivering tailored solutions and service excellence to our clients.
Key Responsibilities:- Develop and maintain a deep understanding of the group insurance markets, funding alternatives, networks, and benefit plan options.
- Collaborate with our leadership team to develop and execute pre- and post-renewal strategies, ensuring the financial requirements of our clients are met.
- Provide ongoing analytical support, including financial reporting, utilization analysis, and market benchmarking reviews.
- Monitor and report on clients' cost/utilization patterns, identifying cost drivers, trends, and areas of risk.
- Review and negotiate renewal rating proposals with carriers, ensuring seamless renewal cycles.
- Support the preparation of marketing specifications, review carrier proposals, and provide cost comparisons.
- Establish and maintain positive relationships with carriers and vendors, driving collective benefits for our clients.
- Minimum 5-10 years of experience in group benefits underwriting, consulting, or actuarial consulting.
- Proven experience working on large group benefits accounts with complex needs.
- Post-secondary education in Actuarial Science, Mathematics, Statistics, Finance, Economics, Business Administration, Data Science, or a related field.
- Strong working knowledge of group insurance products and plan designs.
- Solid understanding of funding arrangements and pricing methodologies.
- Excellent analytical, mathematical, and problem-solving skills.
- Proficiency in Microsoft Excel, PowerPoint, and Word.
- Effective written and verbal communication skills.
- Ability to develop and leverage relationships, both internally and externally with clients.
- Self-motivated, highly driven, and a team player with the ability to work independently.
- Ability to prioritize time-sensitive deadlines in a fast-paced environment.
- Effective attention to detail and a high degree of accuracy.
- Client-centric mindset and outside-the-box thinking to create efficiency around unique client requirements.
- Learn by working alongside our experts.
- Extended health care and dental benefits.
- A retirement savings plan with company contributions.
- A suite of Health & Wellness offerings.
- Mental Health programs and support for you and your family.
- Assistance for the completion of industry designations.
- Competitive compensation.
At People Corporation, we are committed to helping businesses succeed. We provide customized solutions designed to fit the unique needs of businesses and their employees, members, and stakeholders. Our inclusive and accessible environment values every employee and client, and we strive to create a workplace where everyone can reach their potential.
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