Senior Group Underwriter

Sun Life•Waterloo, ON

1d•CA$58,000 - CA$93,000•Hybrid

About The Position

Are you an analytical person who enjoys working with numbers? Are you interested in assessing risk and understanding the financial drivers of insurance profit? Do you thrive in an environment where multi-tasking is required? Do you love learning? Are you a strong communicator? Are you motivated to collaborate with others to develop solutions that meet client needs? If so, consider a career as a Group Underwriter at Sun Life Financial. As a Senior Group Underwriter, you will be responsible for the risk selection and pricing of Group Life, Disability, Health, Dental and Critical Illness benefits in the SunSolutions market (greater than 50 lives). This includes renewing our existing business, providing pricing and advice on plan change requests as well as assessing new business opportunities. You will work closely with our sales team to meet sales and profitability objectives as well as client needs. Reporting to the Manager of Group Underwriting, you will complete renewals, quotations and respond to client requests within service standards. You will develop a strong understanding of our products and services, underwriting guidelines, systems and tools, pricing methodologies and the marketplace. You will assess risk and determine the price, financial and contractual conditions of Sun Life's Group Benefits offering for each Plan Sponsor. You will develop an understanding of the administrative, contractual and legislative Group Benefits environment. You will build strong relationships with our sales people, working in partnership with them to sell renewals and quotations. You will work with our sales people to ensure a clear understanding of our clients, their needs and their respective risk profiles. You will strive to meet client needs, including providing insight and creative solutions to help solve client issues around risk and cost of their group benefits plan.

Requirements

4+ years of Group Underwriting experience
Excellent numerical and analytical skills
A thoughtful approach to decision making with an ability to apply judgement to unique situations
A solutions mind set where you are able to balance the needs for profit against growth
A curiosity about our clients and their needs where you are constantly looking for creative ways to do the best for us and them
Ability to negotiate and make decisive timely decisions
Ability to work effectively with Microsoft and Excel application
Highly organized with excellent time management skills
Ability to work independently
Excellent interpersonal skills and strong cross-functional team skills
Ability to clearly explain your decisions, both written and verbal
A positive attitude with a commitment to high quality work and service excellence

Responsibilities

Complete renewals, quotations and respond to client requests within service standards
Develop a strong understanding of our products and services, underwriting guidelines, systems and tools, pricing methodologies and the marketplace
Assess risk and determine the price, financial and contractual conditions of Sun Life's Group Benefits offering for each Plan Sponsor
Develop an understanding of the administrative, contractual and legislative Group Benefits environment
Build strong relationships with our sales people, working in partnership with them to sell renewals and quotations
Work with our sales people to ensure a clear understanding of our clients, their needs and their respective risk profiles
Strive to meet client needs, including providing insight and creative solutions to help solve client issues around risk and cost of their group benefits plan