The Canada Life Assurance Company is seeking for a determined a responsible individual to be a Group Underwriter. You will make decisions related to sales, assessing risks and renewing assigned cases.
Job Responsibilities
The Job responsibilities of an Underwriter include the following:
- Come up with fresh business prospects
- Manage pricing of caseloads assigned which consist of annual rates.
- Handling financial reporting
- Addressing inquiries and changes to plans
- Producing service and financial arrangements for cases that are assigned
- Be a resource for underwriting projects and initiatives of the department.
Qualifications
The qualifications needed for the job role of Group Underwriter which includes:
- A degree and work experience
- Good verbal and written communication skills
- Interpersonal skills
- Time management skills
- Organisational skills
- Analytical and decision making skills
- Having necessary knowledge of products
- Should be able to work towards a GBA or full CEBS designation
Conclusion
This position of a Group Underwriter offers a base salary of $56,000 – $83,900 annually, excluding additional compensation such as bonuses and commissions. Canada Life values diversity and committed to providing an inclusive and accessible environment where all employees feel supported. Apply today to be part of a company trusted by millions to improve the well-being of Canadians.
FAQs
How much does a group underwriter earn in Canada?
They earn around $100,594 per year or $51.59 per hour.
Are underwriters in demand in Canada?
It is a very promising area of employment in Canada.
What is the highest paid underwriter?
The highest paid is a Chief Underwriter, earning between a salary range: $132,500-$257,000 per year.
How do I become an underwriter in Canada?
There are two ways, you must have an undergraduate degree or complete a Chartered Insurance Professional) Certification.
