Group Insurance Underwriting Analyst - London, Canada - Canada Life Assurance Company

Canada Life Assurance Company
Canada Life Assurance Company
Verified Company
London, Canada

2 weeks ago

Sophia Lee

Posted by:

Sophia Lee

beBee Recruiter
Description

Job Description:

We are looking for a

Group Insurance Underwriting Analyst


The Group Underwriting department is responsible for assessing the risk and making decisions associated with the sale of an employer benefits plan, amendments to that plan and the annual renewal of the plan.

And, at times, provide annual financial reports to clients about their plan.


The Underwriting Analyst supports Group Underwriters by compiling information from various systems/reports into renewal analysis tools and financial report tools.

They perform validation of the information gathered and deliver final output to the Underwriter or the sales Account Executive.


What you will do

  • Review premium, claims, rates, and reserves for accuracy and reasonableness.
  • Identify erroneous data and coordinate with partner departments to fix the data.
  • Create the renewal analyses, rate exhibits and listings that are part of the package delivered to the Plan Sponsor by the Underwriter and the Account Executive.
  • Create the financial report that will be provided to the Plan Sponsor. Some reports are sent directly to the Account Executive without Underwriter review. Tasks related to the financial report directly impact corporate accounting systems.
  • Assist with nonstandard on demand reporting and financial estimates.
  • Assist with preparing monthly/quarterly/annual scheduled reporting.

What you will bring

  • You have postsecondary or an equivalent combination of education and experience.
  • You are curious and inquisitive. You love math
  • You get energized when you work in partnership with team members and many internal business areas, and you do this with your excellent interpersonal skills.
  • Your verbal and written communication skills are both effective and efficient.
  • You are a driver who has ability to meet tight deadlines, work under pressure, and prioritize multiple tasks and shifting priorities.
  • You are a critical thinker who can problemsolve and make good decisions when working with incomplete information.
  • You understand what it means to put the customer first. That is, put the customer at the center of what we do.
  • You have a thirst for knowledge. Hence you have a willingness to work towards a GBA or full CEBS designation under the CEBS program.
**Be your best at Canada Life

Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

You can be your best here. You're part of a diverse and inclusive workplace where your career and well-being are championed.

You'll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.

***Together, as part of a great team, you'll deliver on our shared purpose to improve the well-being of Canadians. It's our driving force. Become part of a strong and successful company that's trusted by millions of Canadians to do the right thing.

  • Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we're one of Canada's leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations._
  • We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee _
- has the opportunity to_
- reach their potential._
._

**_
Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted_**.

LI-Hybrid
More jobs from Canada Life Assurance Company
See all jobs of Canada Life Assurance Company