Underwriting Analyst

  • Insurance Talent Group
  • Surrey, BC, Canada
  • Jul 16, 2021
Full Time Benefits - Group

Job Description

Summary

As an Underwriting Analyst, you will be front and centre working with an underwriting and consulting team servicing new group benefits quotes, working on renewals with carriers as well as supporting the in-house sales and service teams as well as a broker agent network.

 

Responsibilities

  • Underwrite group benefits requests from internal and external broker sales network
  • Screen group requests to quote for missing information, clarify specifications and assess the risk involved to select quality business
  • Set final rates through experience rating, and considering all other characteristics of the risk
  • Renewal rate analysis and carrier negotiation, as well renewal documentation preparation
  • Negotiate final rates with Group Marketing Managers and Advisors
  • Act on requests for special rate reviews, and effectively communicate final decisions
  • Report to Vice President, Underwriting and Consulting

 

Requirements

  • Experienced with group plans acquired through a minimum of 3 years of industry background
  • Deductive reasoning, problem solving ability and flexibility of decision making
  • Great interpersonal skills with a collaboration and learner mindset
  • Enthusiasm with an interest in working in a changing environment
  • Ability to work within cross-departmental teams collaboratively
  • Strong verbal and written communication skills as well as negotiation skills
  • Organizational and time management abilities, and strong mathematical ability
  • Aptitude to learn new software systems quickly
  • Proficient with Microsoft office suite, especially Excel
  • Eager to contribute, learn and grow with an experienced and high-profile organization

 

Rewards

  • A competitive base salary
  • Team Bonus structure
  • Full benefits package
  • Matching RRSP contribution benefit
  • Vacation and Flex-time
  • Transit allowance
  • Encourage professional development and designations, as well as pursuing learning & development opportunities as part of a growing organization