Underwriting Consultant

4 weeks ago


Toronto, Ontario, Canada Manulife Full time

Job Description

The Opportunity

Manulife Group Benefits is seeking a skilled Underwriting Consultant to join our team in Waterloo, Ontario. As a key member of our New Business Team, you will be responsible for establishing rates and retentions for new and existing Group Benefit plans, ensuring that the appropriate target profitability levels are achieved.

Responsibilities

  • Develop and implement underwriting strategies to manage risk and achieve business objectives.
  • Collaborate with internal partners to ensure administrative and plan design features can be managed.
  • Prepare quotation submissions, including responses to questionnaires.
  • Onboard new clients and develop complex client structures and applications.
  • Negotiate contracts and financial arrangements with clients.
  • Monitor and analyze underwriting performance to identify areas for improvement.

Requirements

  • Post-secondary education in a related field, such as business, mathematics, or actuarial science.
  • Deep understanding of the Group Insurance market, products, and services.
  • Professional risk management expertise with demonstrated work-related underwriting experience within Group Benefits.
  • Bilingualism, French and English, is preferred.
  • Excellent Microsoft Office skills, with a focus on Excel and Word.

About Manulife

Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions.



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