Job Description
Group Underwriter IIILocation: Remote - OntarioEmpire life is looking to hire a Bilingual Group Underwriter III to join our Group Operations team! The Group Underwriter Level III ensures company profitability by reviewing and assessing complex requests to quote (Fully insured, ASO, Modular Flex, and Association Plans), ASO surplus requests, Amendments, and Renewals while providing technical expertise, and consultative services to both the Underwriting Teams and external stakeholders. The incumbent is guided by defined procedural practices and works under the direct supervision of the Manager, Group Underwriting (Complex). Why pursue this opportunityImpactful work - get the opportunity to work on meaningful projects that have a positive impact on our customers, our company, and society as a whole.Play an integral role - this is an opportunity that allows for you to grow your skills, while directly contributing to the business unit you are a part of.Diversity, equity, and inclusion - we are committed to creating a diverse, equitable, and inclusive workplace and welcome candidates who share this commitment.What you’ll be working onEnsure that complex requests to quote, amendment, and renewals are processed accurately and within established turnaround time to support business sales and profitability goalsLead quoting, amending, and renewal activity in the complex space with a focus on establishing and growing long term partnershipsUse experience and judgment, in conjunction with underwriting guidelines, product and service knowledge to determine optimal solutions to meet customer needs and requirementsEnsure the profitability of group business through the use of subsidy application on both new business, renewals, and amendmentsDevelop and present a business case to support pricing decisions; and make decisions on final pricing within defined parametersLeads the development and communication of process and practice changes, including maintenance of the Underwriting Guidelines and other documents relevant to the functional unit Provides consistent interpretation of group insurance policy terms to customers and distribution partners in support of divisional goalsWork collaboratively with other team members to support processing requirements Provides consultation and problem resolution for the business units and the distribution teams on risk-related issues Act as primary contact and collaborates with Actuary, Leadership, Distribution, and Reinsurance providersProactively engages with both internal and external stakeholders to engage in discussions to support both client acquisition and retentionConsult with Level II Underwriters to ensure coverage decisions are appropriate and made in a timely mannerInteracts with reinsurance providers to spread risks on retention amounts that exceed the Empire Life retention limitPractices consultative Underwriting that engages in proactive collaboration with internal and external distribution partners to develop creative solutions within defined parameters to support and achieve business objectivesWhat we’re looking for you to haveBilingual in French and English7+ years of work experience in the group insurance/financial services industryExperience in rate Life and LTD coverageProven knowledge of group benefits products, contractual provisions, risk assessment, and pricing methodologiesDemonstrated experience in a group sales and service environmentProficient in Microsoft Office Suite and able to navigate a CRM platformWell-developed customer relations skillsGBA or CEBS DesignationCompletion of a university degree or college diploma in a relevant fieldGood working experience in financial analysis and trend analysisAbility to work independently and as a team memberAbility to think logically, analyze, and solve problemsAbility to organize/schedule both people and information Creative problem solver / data-based root cause solution biasIf you are applying for a position which is open to applicants across Canada, unless otherwise indicated in the position, language proficiency in English is required for communicating with customers, advisors, or employees across Canada.Beyond the salaryFor regular full-time positions, Empire Life offers a comprehensive total rewards package that includes:Competitive salaries with annual pay increasesAnnual bonus program, which recognizes both strong company performance and individual contributions, for non sales positionsCompetitive uncapped commission, for sales positionsA comprehensive employer-funded benefits package that includes life insurance, disability, health and dental and a generous health accountFlexible work arrangements and an annual allotment of personal health days.Four weeks annual vacation from hire dateA defined contribution pension plan with generous employer matchingTop up programs for parental leave and compassionate leaveEmployer-sponsored wellness and recognition programsA cash employee referral programTo learn more about working at Empire Life, visit https://www.empire.ca/workatempire.Get to know usEmpire life is proud to be an equal opportunity employer. We celebrate diversity, are committed to creating an inclusive environment, and welcome everyone to participate in our application process. We encourage those of all backgrounds and experiences to apply, even if you don't believe you meet each unique qualification outlined. Applicants will receive equal consideration without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, or age. Empire Life welcomes applications from people with disabilities and disabled people. Accommodations are available upon request for candidates taking part in all aspects of the screening and selection process. If you need this job posting in an alternative format or have any accessibility questions, please contact recruitment@empire.ca