Senior Underwriting Consultant (Hybrid)

Title: Senior Underwriting Consultant
Location: Near a PC Office across Canada / Hybrid
This is an exciting time to join People Corporation. Our high level of acquisition activity and our consistent organic growth continue to define and further enhance our benefits, pension, and HR products and services and how they are delivered to our clients.
We are looking for a dynamic individual who enjoys working in a fast-paced and growing company to join our team as a Senior Underwriting Consultant.
Reporting to the Director of Underwriting - Enterprise, the Senior Underwriting Consultant will be responsible for carrying out the duties of the underwriting function and supporting the Management team in executing the overall objectives of the Underwriting Department. This technical role is primarily focused on supporting the Director for underwriting projects and is a key resource in supporting the Underwriting, Sales and Service teams in meeting the needs of its clients and other stakeholders.
As the Senior Underwriting Consultant, you will:

• Maintain a full understanding of the group insurance markets, funding alternatives, networks and benefit plan options
• Be responsible for monitoring and reporting on clients’ cost/utilization patterns, identifying cost drivers, trends, areas of risk and other discrepancies
• Calculate and support on RFPs, amendment pricing and renewal projections
• Working closely with your leader to develop and deliver on pre- and post-renewal strategies, supporting the financial requirement of the client
• Establish positive carrier/vendor relationships for the benefit of both clients and People Corporation
• Review renewal rating based on formulas, knowledge of carrier, current trends, reserves and other related factors, discussing and negotiating with carriers, and completing the renewal cycle with reporting and commentary
• Conduct analysis of client data in association with; financial reports, monthly and quarterly utilization, annual renewal reports& ad-hoc requests
• Assist with the preparation of marketing specifications, review and prepare cost comparisons of carrier proposals

Competencies / Skill Sets required for this role:

• Continuously improve your knowledge in group benefits in the changing environment
• Ability to prioritize time-sensitive deadlines in a fast-paced environment
• Strong analytical, mathematical and problem-solving skills
• Strong working knowledge of group insurance products
• Ability to develop and leverage relationships, both internally and externally with clients
• Effective attention to detail and a high degree of accuracy
• Strong working knowledge of association plan underwriting, and understanding flex plan pricing
• Self-motivated, highly driven, team player, with the ability to work independently
• Solid understanding of various underwriting and funding methodologies
• Outside the box thinking to create efficiency around work
• Excellent written and verbal communication skills
• Proficient in Microsoft Excel, PowerPoint, and Word

Preferred Experience:

• The ideal candidate will have 5 to 10 years of increasingly responsible work in a related role, such as group benefits underwriting, group benefits consulting, & actuarial consulting, or an equivalent combination of education & experience sufficient to successfully perform the duties of the job
• GBA or CEBS designation, LLQP license, and/or Actuarial designations an asset
• Post-secondary education in Actuarial Sciences, Mathematics, Statistics, Finance, Economics, Business Admin, Data Science, or related fields

What's in it for you:

• A suite of Health & Wellness offerings
• Mental Health programs and support for you and your family
• Learn by working alongside our experts
• Extended health care and dental benefits
• A retirement savings plan with company contributions
• Competitive compensation
• Assistance for the completion of industry designations

At People Corporation we are committed to helping businesses succeed. We are a national provider of benefits, retirement, wealth, wellness, and human resource solutions. Our experts and solutions serve over 20,000 clients representing nearly 3 million Canadians. We offer customized solutions designed to fit the unique needs of businesses and their employees, members and stakeholders.
Providing an inclusive, accessible environment, where all employees and clients feel valued, respected and supported is something we're committed to. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential. If you require an accommodation or an alternative format of any posting please reach out to [email protected]