GROUP BENEFITS UNDERWRITER
Location: Kelowna, BC
Position Status: CLOSED
Our Kelowna, BC client is an innovative leader in the Insurance industry. This position is to provide technical expertise regarding group benefits, contribute to the development and success of securing and maintaining group benefit clients and to contribute to team results by accomplishing related goals and objectives.
RESPONSIBILITIES:
Understand the complexities of group benefits and the products available
Handle all aspects of group insurance renewal, including analyzing the insurer’s proposed position and negotiating the best result available for each client
Write comprehensive report (whether for renewal, marketing or financial reconciliation) including meaningful descriptions, analysis and recommendations.Responsible for preparing written documentation of sold rates for new and renewing clients
Keep rate database up to date
Support new sales and revenue growth targets
Gather necessary data and perform analysis of estimated cost impact of plan design alterations
Set final rates through experience rating and considering all other characteristics of the risk
Take appropriate action on requests for special rate reviews, and effectively communicate final decisions
REQUIREMENTS:
Strong mathematical ability
Good verbal and written communication skills as well as negotiation skills
Good organizational and time management abilities
Knowledge of underwriting in the Group Benefits line of business
Understanding of group life and health insurance concepts and product offerings
Awareness of the group benefit insurance industry and key competitors
Ability to look at things from a strategic and tactical perspective
Deductive reasoning, problem solving ability and flexibility of decision making
Good interpersonal skills
Enthusiasm with an interest in working in a changing environment
Have obtained or are working towards completing the Certified Employee Benefit Specialist (CEBS) or the Group Insurance Certificate Program (Advocis)
If you are interested in applying for this position, please email resume with salary expectations.
We thank all those who express interest in this opportunity however only those short-listed we be contacted.
