Group Underwriter

Posting Date: Oct 3, 2024

Location: CA

Company: Medavie Blue Cross

For over 75 years, Medavie Blue Cross has been a leading health and wellness partner for individuals, employers and governments across Canada. As a not-for-profit organization, we proudly invest in communities to help address some of Canada’s most pressing health care challenges. We are one of Canada's Most Admired Corporate Cultures, one of Canada’s Top 100 Employers, Canada’s Life & Health Insurer of the Year for 2021 and an Imagine Canada Caring Company. 
 
Our 2,400 professionals work across six provinces, united by our shared values of being caring, accountable, responsible, innovative and community-minded. We’re committed to ensuring our employees thrive in our award-winning, collaborative culture focused on ensuring health, wellness, and personal and professional growth through a variety of programs and support across our organization.
 
Together with Medavie Health Services, we are part of Medavie — a national health solutions partner with over 8,250 employees. Our mission is to improve the wellbeing of Canadians.

 

Job Title: Group Underwriter
Department: Medavie and Underwriting
Competition: 87479
Internal/External: Both
Employment Type: Full Time Permanent
Location: Remote
Salary: Competitive Compensation
Reports To: Manager, Group Underwriting
Referral Bonus Amount:    $500.00

 

In the role of Group Underwriter, you will work with the Group Underwriting team to ensure Medavie Blue Cross achieves its financial targets on the group health, life and disability income lines of business. 

 

Key Responsibilities

 

  • Establishment of renewal pricing which includes analysis of experience/trend to justify the reasons behind the renewal and to recommend pricing alternates.  This also encompasses responding to client inquiries relating to pricing and experience;

  • Establishment of rates for new group business and respond to financial questions within the specifications;

  • Prepare financial statements for ASO and Retention groups in accordance with financial agreements;

  • Draft and update financial agreements;

  • Ensuring underwriting targets are met for growth and profitability;

  • Development and ongoing maintenance of direct relationships with clients and producers; and

  • Continuous dealings with internal sales staff and other internal customers (ie: Case Management, Group Admin), the agent/broker/consultant network and policyholders.

 

Qualifications

 

  • Education: Post-secondary education

  • Work Experience: upto 2 years in Group Underwriting experience.

  • Computer Skills: Strong working knowledge of Microsoft Office Suite specifically Excel and Word.

  • Language Skills: Bilingualism (French and English) is considered an asset.

 

Other Qualifications:

 

  • Enjoy working in a team-based environment;

  • Strong communication skills both written and verbal;

  • Self-directed with high levels of personal accountability and responsibility;

  • Excellent reasoning, judgment and decision-making abilities;

  • Strong analytical skills with high attention to detail;

  • Excellent Time-management skills and ability to work in a fast paced environment involving multiple tasks and priorities; and

  • Strong negotiation skills.

 

#CBM1

We believe our employees should reflect the communities we serve and welcome applications from candidates of all backgrounds. To provide the best experience possible, we will support you with accommodations or adjustments at any stage of the recruitment process. Simply inform our Recruitment team of your needs.  We are committed to making sure recruitment, retention, advancement, and compensation are fair and accessible while following all relevant human rights and privacy laws. We appreciate everyone who has shown interest in this position. Only those selected for an interview will be contacted.


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