Group Underwriter Specialist
6 days ago
At Empire Life, we're seeking a skilled Group Underwriter to join our team. This is a great opportunity to work on meaningful projects that have a positive impact on our customers, our company, and society as a whole.
Job SummaryThe successful candidate will be responsible for reviewing and assessing the risk for requests to quote, amendments, and renewals. They will work under the supervision of the Manager, Group Underwriting (Complex) and be guided by defined practices and guidelines.
About the RoleThis is an exciting opportunity to work in a dynamic environment where you'll be able to grow your skills, contribute to the business unit, and make a real difference. You'll be working on impactful projects that align with our company's values and goals.
Key Responsibilities- Evaluate complex and non-complex requests to quote, amendments, and renewals to ensure accuracy and timely processing.
- Lead quoting, amending, and renewal activities in both complex and non-complex spaces to establish and grow long-term partnerships.
- Determine optimal solutions to meet customer needs and requirements using experience, judgment, and underwriting guidelines.
- Ensure profitability of group business through subsidy applications on new business, renewals, and amendments.
- Develop and present business cases to support pricing decisions and make final pricing decisions within defined parameters.
- Provide consistent interpretation of group insurance policy terms to customers and distribution partners.
- Work collaboratively with other team members to support processing requirements.
- 3+ years of experience in group insurance/financial services industry with group underwriting experience and knowledge.
- Proven knowledge of group benefits products, contractual provisions, risk assessment, and pricing methodologies.
- Strong critical thinking, financial analysis, and interpretation skills, with ability to communicate data outcomes effectively.
- Strong proficiency in Excel and Microsoft Office Suite.
- Ability to work independently and as part of a team, with flexibility and adaptability.
- Creative problem-solving skills and data-driven root cause analysis.
- GBA or CEBS designation or interest in pursuing.
- Completion of a university degree or college diploma in a relevant field.
We offer a comprehensive total rewards package that includes:
- Competitive salaries with annual pay increases.
- Annual bonus program recognizing strong company performance and individual contributions.
- Uncapped commission for sales positions.
- Comprehensive employer-funded benefits package including life insurance, disability, health, and dental.
- Flexible work arrangements and personal health days.
- Four weeks annual vacation from hire date.
- Defined contribution pension plan with generous employer matching.
- Parental leave and compassionate leave top-up programs.
- Wellness and recognition programs.
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