Underwriter

  • 37440
  • Life - underwriting
  • |
  • New Brunswick, Canada
  • |
  • May 27, 2020
  • |
  • Billingual (English & French)
Insurance
RESPONSIBILITIES
  • Must analyze the information received to fully understand and assess the complete risk of the file and the factors that may affect it.
  • Must also look at the operational risks in the market such as: The type of business and the financial risk of that type of business, The type of occupation and the financial risk of this type of occupation and the legality of the specific application.
  • Must use judgment, knowledge, and pricing standards to arrive to a prediction of the financial impact on the company and assess the viability of the groups while remaining consistent with the fundamental principles of a collective group, the industry, the profitability of the group and our company.
  • Assessing the insurability of the group, making the decision to bid or decline.
  • Making the decision to revise the calculated rates if necessary to assist in the sale of renewals following negotiations, while considering the profitability of the group.
  • Consider our position/partner's position in the market.
  • Stay abreast of current events.
  • Ensure that we have complete information on the file.
  • Make sure that any benefit requested is acceptable, available, and can be administered.
QUALIFICATIONS
  • A Bachelor's degree in Actuarial Science or Mathematics.
  • Excellent oral and written communication skills in French and English, in order to be able to explain and support decisions.
  • Minimum of 8 years' experience in the field.
  • In-depth knowledge of group pricing.
  • In-depth knowledge of group insurance and market trends such as this product in its entirety.
  • Ability to analyze, synthesize, and solve problems, independently and often within very short deadlines.
  • Ability to create creative solutions in line with the client's needs.
  • Understanding of reports and contracts for various financial arrangements, such as retention agreements and administration-only services.
  • Understanding of group insurance contracts, laws and regulations in different provinces.
  • Ability to negotiate and make decisions within established standards and limits.
  • Advanced knowledge of Microsoft Office software.
  • Good interpersonal relations and customer focus.