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Senior Group Underwriter

Posting Date: Jun 22, 2022

Location: CA

Company: Medavie Blue Cross

Blue Cross Life Insurance Company of Canada is a federally licensed company that distributes its products through a network of Blue Cross Plans.  The Company specializes in life and disability income protection products that supplement and enhance the portfolio of health products distributed by its Shareholder Blue Cross Plans.

Job Title: Senior Group Underwriter
Company Blue Cross Life
Competition: 84554
Internal/External: Internal/External
Employment Type: Full Time, Permanent 
Location: Canada (Flexible)
Salary: Comprehensive Compensation 
Reports To: Director, Group Underwriting
   
   

Our employees are key in delivering competitive life and disability products; we value their knowledge and commitment to our various stakeholders. We are dedicated to professional development and cultivating an environment of continuous learning and growth. 

Our team of employees operates across all provinces. We are agile and ready to make an impact. We seek creative problem solvers who care about the work they do with an emphasis on robust governance, risk management and compliance.  

 

What’s in it for you? 

We provide a work environment where people are respected and fulfilled both professionally and personally through healthy relationships, work-life balance and meaningful work. Our small size gives employees the opportunity to work on a multitude of projects across several functions. And because we’re in the insurance business – we offer paid benefits and perks to keep you at your very best!

 

Your every day with us:

As a Senior Group Underwriter, no two days will look the same. You’ll have the opportunity to play a significant role in ensuring the company is growing and profitable by liaising with various regional underwriting teams across Canada. You’ll need strong business acumen and a love for data/analytics because you’ll be partnering with members of the Actuarial, Data Management, Administration and Finance Teams at Blue Cross Life. 

 

As a Senior Group Underwriter, you will:

  • Provide case oversight and value-added advice on all aspects of underwriting in the regional Blue Cross plans, primarily on large complex accounts, including the following areas:
    • Review of rating for new business quotes, including providing guidance for underwriting questions as they arise
    • Review of renewal pricing, including analysis of experience/trend to justify the reasons behind the renewal and to recommend pricing alternatives
    • Review financial statements for ASO and refund groups in accordance with the financial agreements
    • Draft and update financial agreements
    • Interface with the reinsurers on quotes for non-standard groups
  • Assist the Shareholder Blue Cross plans in responding to client inquiries regarding a group product, underwriting or marketing issue that falls outside of the standard guidelines and administrative procedures
  • Coach, mentor and train underwriting team members of the regional Blue Cross plans 
  • Assist the Blue Cross Life Underwriting team in keeping the Group Underwriting Manual up to date, and providing additional support as needed to the Shareholder Blue Cross plan underwriting teams 
  • Participate in various projects as they may arise from time to time, related to product development, technology changes, etc.

 

What you need to succeed:

  • At least 8 years experience in a group insurance underwriting or pricing role. We can consider multiple backgrounds, but you must demonstrate your knowledge of group insurance products and underwriting/pricing, as well as an ability to analyze, collaborate, automate, and improve processes where possible. 
  • Education: University degree or equivalent in a quantitative discipline (i.e., Actuarial Science, Statistics, Economics, Mathematics, Operations Research or Engineering).
  • Language Skills: Bilingualism is considered an asset

 

Core competencies 
Knowledge: Demonstrates in-depth knowledge in area of responsibility and uses specialized knowledge and understanding of trends to handle a variety of complex situations that often lead to policy, process and practice improvements. 
 
Analytical Thinking: Strong analytical skills with high attention to detail; Uses logic and modeling to solve difficult problems; probes all sources with an ability to find hidden problems; is excellent at analysis in a detailed complex data environment.

 

Communication Skills: Excellent interpersonal and communication skills, both written and oral;  demonstrated expertise in interacting effectively with a team.  Makes decisions in a timely manner, sometimes with incomplete information and under tight deadlines. Provides information needed to facilitate accurate decision making.
 
Customer Orientation: Customer focused and dedicated to achieving a high level of customer satisfaction both internally and externally

 

Execution and Organizational Skills: Ability to manage competing priorities and focus on what is critical, while maintaining a keen attention to detail. Will ask for help and opinion from team members when required.

We would like to thank all candidates for expressing interest.  Please note only those selected for interviews will be contacted.

 

Blue Cross Life is an equal opportunity employer.


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