Level 3 Underwriter

at  Pacific Blue Cross

Burnaby, BC, Canada -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate14 Nov, 2024USD 41 Hourly16 Aug, 20242 year(s) or aboveMathematics,Finance,Economics,CompletionNoNo
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Description:

Pacific Blue Cross (PBC) has been British Columbia’s leading benefits provider for over 80 years. We are an independent, not-for-profit society with strong roots in BC’s health care system. We provide health, dental, life, disability, and travel coverage to 1 in 3 British Columbians through employee group plans and individual plans.
We are fueled by a commitment to keep health care sustainable for all British Columbians. Through our PBC Health Foundation, we fund projects that improve health outcomes directly related to mental health and wellbeing as well as the prevention and/or management of chronic disease. We are interested in finding people who want to make a difference and who are looking to grow their career with us.

JOB SUMMARY

Under the broad managerial direction of the Assistant Manager, Underwriting, reviews new business opportunities, renewal requests and contract amendments for potential and existing brokerage and major clients who fit within established Level 3 parameters for group, premium size, and underwriting method such as fully insured, Administrative Services Only (with deposit and rates) and refund accounting; responsible for the interpretation and intent of contracts by assessing the eligibility and risks based on multiple underwriting considerations, identifies declines, calculates rates and prepares proposal and renewal package documentation; participates in inter-departmental quote rate review process; reviews New Group Set Up packages; prepares customized reports for brokerage and major clients and identifies underwriting options for containing client costs; responsible for analysis and negotiation by providing the analytics and rationales to support Group Business in their ability support PBC’s position on quotes, pricing considerations, and exceptions; handle large case renewals and quotes as a project, attends client and broker meetings as needed to provide support to group business; as a member of the Underwriting Team, identifies opportunities to improve underwriting processes and tools, and provides input and recommendations to enhance efficiency, effectiveness and customer service.

QUALIFICATIONS

  • 6 years of previous related group underwriting experience, including a minimum of 2 years in a Level 2 Underwriter, Intermediate Underwriter, or equivalent position.
  • Bachelor’s degree in a related quantitative field such as business, economics, finance, actuarial, mathematics, or equivalent.
  • CEBS designation (180 hours) or the full 10-course FMLI program (160 hours), or equivalent.
  • Demonstrated proficiency with advanced Excel and intermediate Word.
  • Completion of an advanced Excel course (36 hours), or equivalent.
  • Completion of an intermediate Word course (18 hours), or equivalent.
    If you’re excited about taking on this opportunity, we invite you to apply today and start the conversation with us about this position.
    Please apply via our website this week at http://www.pbchbs.com/company/careers/
    While we thank all applicants for their interest, only short-listed candidates will be contacted.

Responsibilities:


REQUIREMENT SUMMARY

Min:2.0Max:6.0 year(s)

Insurance

Banking / Insurance

Insurance

Graduate

A related quantitative field such as business economics finance actuarial mathematics or equivalent

Proficient

1

Burnaby, BC, Canada