Discover
The Opportunity
Reporting directly to the Group Underwriting Manager, the incumbent is responsible for analyzing information on groups of less than 100 lives and ensuring justified underwriting of quotes, renewals and all other option requests. This role contributes to maintaining profitability through the control and development of underwriting and selection standards. The incumbent is also responsible for supporting the group insurance sales team in understanding the customer's needs and making an offer (benefits and rates) that is competitive with those offered on the market. This position participates in the negotiation of files with the reinsurer, and must be in contact with some of our brokers/TPAs, and must be able to prioritize work to meet deadlines, while considering our relationships with partners.
What you'll do
Responsibilities
- Ensure completion of work
- Responsible for analysis and pricing calculations for renewals.
- Perform pricing on requests/options; analyze and ensure full understanding of the customer's need.
- Question missing information if applicable.
- Calculate requested options.
- Price quotations
- Analyze quote information for groups under 100 lives.
- Negotiate with reinsurer if necessary.
- Make decision to underwrite or decline.
- Review proposal document and ensure inclusion of file-specific details.
- Support negotiation of final rates within approval limits.
- Ensure continuous improvement by participating in the creation or improvement of procedures.
What you'll need
Qualifications
- Good oral and written communication skills in French and English
- Group pricing knowledge is considered an asset
Ability to analyze, synthesize and solve problems independently, often under tight deadlines.
Ability to create creative solutions in line with customer needs.
Basic understanding of reports and contracts for various financial agreements, such as retention agreements and administrative services only.
Understanding of group insurance contracts, laws and regulations in various provinces.
Ability to negotiate and make decisions within established standards and limits.
Knowledge of Microsoft Office software (especially Excel).
Good interpersonal skills and customer focus.
We're looking for
Core Skills
A little bit about us
Assumption Life
At Assumption Life, we value the development of our employees in diversified and inclusive work teams that foster creative thinking and innovation.
Assumption Life is deeply committed to its community's development
Founded in 1903 in Massachusetts, Assumption Life is the result of a group of people who want to take their destiny into their own hands. Their goal was simple: to ensure the prosperity of Acadian families in New England. Since its inception, Assumption Life has continued to making difference beyond the borders of l'Acadie for all families across Canada. Our Company, which began as a great idea 116 years ago, is now one of the largest mutual life insurance and financial services companies in Canada. Today, this culture of generosity and commitment is demonstrated by our employees. Whether it is helping out at special events, raising funds for charities or, helping people in need, Assumption Life employees are very committed to their community and are always ready to help.
An employer of choice
We ensure competitive salaries, as well as performance-based bonuses, generous benefits and flexibility in our policies and practices to respond to the needs of our employees.
Assumption Life is committed to creating a diverse environment and is proud to be an equal opportunity employer. We extend employment regardless of race, color, ancestry, religion, sex, national or ethnic origin, sexual orientation, age, citizenship, marital status, family status, genetic characteristics, disability, gender identity or gender expression, status of a pardoned person, social condition or political activity. If you have a disability or special need that requires accommodation for an interview, please let us know by emailing [email protected]
Are you interested?
Work With Us
Remote work is possible
The chance to be part of a dynamic, high-performance team that adheres to the following ethical values: leadership, collaboration, trust and commitment;
Opportunities for training and development;
A comprehensive benefits package including competitive salary, bonus, pension and benefits;
A dynamic downtown Moncton location;
A paid volunteer day;
Time off to care for family members and pets.