Insurance Underwriting Specialist
19 hours ago
We are seeking an Insurance Underwriting Specialist to join our team at Empire Life. This is an exciting opportunity for a motivated and detail-oriented individual to work in a dynamic environment and contribute to the success of our organization.
Job Summary:
The Insurance Underwriting Specialist will be responsible for processing non-complex requests to quote, amendment requests, and renewals accurately and within established turnaround times. This role will also involve supporting with quoting, amending, and renewal activity in the non-complex space, including core, core arrangements, and specialty lines of business.
Key Responsibilities:
- Process non-complex requests to quote, amendment requests, and renewals accurately and within established turnaround times
- Support with quoting, amending, and renewal activity in the non-complex space, including core, core arrangements, and specialty lines of business
- Use experience and judgment, in conjunction with underwriting guidelines, product and service knowledge to determine optimal solutions to meet customer needs and requirements
- Ensure the profitability of group business through the use of subsidy application on both new business, renewals and amendments
- Develop and present a business case to support pricing decisions; conduct non-risk assessment and make decisions on final pricing within defined parameters
- Provide consistent interpretation of group insurance policy terms to customers and distribution partners in support of divisional goals
- Work collaboratively with other team members to support processing requirements
Requirements:
- Bilingualism in French and English is required
- 1+ years' work experience in the group insurance/financial services industry
- Proven knowledge of group benefits products, contractual provisions, risk assessment, and pricing methodologies
- Superior customer relations skills
- Proficient in Microsoft Office Suite and able to navigate a CRM platform
- GBA or CEBS Designation or interest in pursuing
- Completion of a community college diploma in a relevant field
- Ability to work independently and as a team member
- Ability to think logically, analyze, and solve problems
- Ability to organize/schedule both people and information
What We Offer:
- A competitive salary range of $65,000 - $80,000 per year, depending on experience
- A comprehensive total rewards package that includes annual bonus program, uncapped commission for sales positions, employer-funded benefits package, flexible work arrangements, four weeks' annual vacation from hire date, defined contribution pension plan with generous employer matching, top-up programs for parental leave and compassionate leave, employer-sponsored wellness and recognition programs, and a cash employee referral program
About Us:
Empire Life is proud to be an equal opportunity employer. We celebrate diversity, are committed to creating an inclusive environment, and welcome everyone to participate in our application process. Applicants will receive equal consideration without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, or age.
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