Experience the Benefits of People.

Senior Underwriting Analyst (Waterloo, ON)

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.

Gallivan Student Health and Wellness is a leading National consultant for over 38 post-secondary student organizations in Canada. We offer a range services including domestic group benefit plans, coverage for International student groups, mental health and wellness as well as legal plans. We are looking for a dynamic individual who enjoys working in a fast-paced environment to join our team in Waterloo, Ontario as a Senior Underwriting Analyst.

Key Responsibilities

  • Work closely with client’s relations team to develop and deliver on pre- and post-renewal strategies, supporting the financial requirement of the client
  • Conduct analysis of client data in association with; financial reports, monthly and quarterly utilization, annual renewal reports and ad-hoc requests
  • Participate in client meetings as required to support the client relations team
  • Responsible for monitoring and reporting on clients’ cost/utilization patterns, identifying cost drivers, trends, areas of risk and other discrepancies
  • 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
  • Calculate and support on RFPs, amendment pricing and renewal projections
  • Assist with the preparation of marketing specifications, review and prepare cost comparisons of carrier proposals and participate in new plan implementations
  • Support in the on boarding of new clients by working collaboratively with client relations team to deliver on the implementation plan and timeline
  • Establish positive carrier/vendor relationships for the benefit of both clients and Gallivan (People Corporation)
  • Maintain a full understanding of the insurance markets, funding alternatives, networks and benefit plan options

Core Qualifications

  • 3+ years previous experience as an analyst/underwriting in the group insurance industry
  • Post-secondary education in Actuarial Sciences (i.e. Mathematics, Statistics), Finance, Economics, Business Administration or related field
  • GBA or CEBS designation an asset
  • Solid understanding of various underwriting and funding methodologies
  • Strong working knowledge of flex plan pricing and association plan underwriting
  • Strong analytical, mathematical and problem solving skills
  • Proficient in Excel and PowerPoint, as well as a solid working knowledge of Microsoft Word
  • Excellent written and verbal communication skills
  • Ability to develop and leverage relationships, both internally and externally with clients
  • Self-motivated, highly driven, team player, with the ability to work independently
  • Ability to prioritize time sensitive deadlines in a fast paced environment
  • Effective attention to detail and a high degree of accuracy
We're ready to help. With COVID-19 top of mind, we're committed to keeping you informed. Learn More.
Nous sommes prêts à vous aider. La COVID-19 étant une priorité, nous sommes déterminés à vous tenir informés. Précisions.
close