Senior Underwriter

  • 37630
  • Life - underwriting
  • |
  • Ontario, Canada
  • |
  • Jun 25, 2020
Reinsurance
RESPONSIBILITIES
  • Respond to clients’ requests that are assigned to him/her with respect to quotes and renewals of group insurance contracts.
  • Take an active role in ensuring retention of all treaties as part of clients quotes and renewal activities. Approve or recommend changes or alternatives to the client’s suggestions when needed.
  • Conduct client underwriting reviews, provides recommendations and comments, prepare audit reports to clients’ intent.
  • Address needs of clients in a timely, proactive and professional manner, advising senior management of any business issues impacting the company and/or the client, makes recommendations and takes action to resolve concerns.
  • Draft treaties and amendments.
  • Review, propose and approve changes to Group Underwriting guidelines and practices of our clients.
  • Prepare quote proposals, provide required analysis and develop recommendations and solutions that maximize growth and profitability.
  • Provide Group underwriting expertise in the development and amendment of reinsurance treaties.
  • Work on the maintenance of Group pricing basis and services offer for all markets.
  • Provide knowledge and support to other team members including actuarial, medical underwriting, claims and senior management, assisting them in managing the client relationships.
  • Prepare reports of the operations and activities of the team and business.
  • Acquire and maintain advanced knowledge of product and market trends, current Industry issues, relevant legislation changes, and underwriting best practices.
  • Develop and maintain Group underwriting tools and methodologies, manuals and guidelines, market databases and comparative reports.
  • Support with the research, development, and implementation new products, benefits, features and distribution strategies.
  • Maintain a high profile within the underwriting community and develop network of contacts to gain market intelligence, promote the expertise of the company and influence practices and procedures within the industry.
QUALIFICATIONS
  • University Degree in Actuarial Science, Statistics, Mathematics or Finance.
  • 5+ years in-depth knowledge and experience in the Canadian and/or Group Life and Health re//insurance industry.
  • Strong financial modeling, analytical and problem solving skills.
  • An energetic and goal oriented style, combined with well-developed interpersonal skills.
  • Strong ability to establish and maintain effective interpersonal relationships with clients and co-workers.
  • Excellent communication and presentation skills as demonstrated in general conversation, formal presentations and written documents.
  • Superior attention to detail and accuracy.
  • Keen business acumen and problem solving skills.
  • Decisive, able to make tough decisions and to challenge appropriately.
  • Demonstrated effectiveness working under tight deadlines with multiple priorities.
  • Able to manage a number of diverse projects and coordinate the activities of others in a performance oriented culture.