Group Benefits Underwriting Consultant

Job Description

<p><b>POSITION OVERVIEW</b></p><p>JDIMI Consulting, a Navacord Company, is a multidisciplinary, professional services corporation, offering the highest standard of service in industry-leading Insurance, Financial Management, and Planning & Solutions Strategies to corporations, corporate executives, business owners, and individuals alike with unparalleled personalized care and service.</p><p><br></p><p>JDIMI Consulting, is hiring a Group Benefits Underwriting Consultant for the Reporting & Analytics department in our Mississauga location. If you are a positive and results-driven individual who excels at providing superior technical support, we invite you to join our team. You will have a proven track record of providing technical expertise regarding Group Benefits plans.</p><p><br></p><p><b>RESPONSIBILITIES: </b></p><p>•Strong understanding of group benefits products and their complexities.</p><p>•Manage all aspects of group benefits renewals, including analyzing insurer proposals, and negotiating optimal outcomes for each client.</p><p>•Where applicable, review the accuracy of financial reconciliations provided by insurers for refund or ASO arrangements.</p><p>•Draft detailed reports for renewals, marketing exercises, and financial reconciliations-tailored to each client-with clear analysis, insights, and recommendations.</p><p>•Calculate projected renewal rates and provide a clear explanation to support clients in their budgeting process.</p><p>•Review experience based on individual client requirements, as outlined by the Consultant.</p><p>•Prepare cost estimates for plan design changes and clearly explain their financial impact.</p><p>•Oversee the full marketing process: prepare marketing specifications, respond to carrier inquiries, and compile, summarize, and compare all received quotes.</p><p>•Conduct plan benchmarking, assist in recommending plan design improvements, and help identify potential areas of risk for clients.</p><p>•Prepare presentations for client and prospect meetings.</p><p>•Attend client meetings with Consultants and act as a technical resource.</p><p>•Communicate regularly with management regarding developing trends.</p><p>•Other duties as assigned, including but not limited to backing-up other team members.</p><p><br></p><p><b>REQUIREMENTS:</b></p><p>•5-7 years of progressive experience in a technical role within a Group Benefits consulting environment, or as a Group Benefits Underwriter.</p><p>•Robust understanding of various funding arrangements and their renewal methodology.</p><p>•Strong knowledge of the Canadian group benefits landscape, including maintaining strong relationships with all insurance carriers.</p><p>•Excellent numerical and analytical skills.</p><p>•Superior verbal and written communication skills.</p><p>•Ability to multi-task and prioritize workload.</p><p>•Ability to work independently.</p><p>•University or College degree.</p><p>•Interest in acquiring the Certified Employee Benefit Specialist (CEBS) designation.</p><p>•High proficiency in Microsoft Word, Excel, and PowerPoint.</p><p><br></p><p><b>BENEFITS:</b></p><ul><li>Hybrid work flexibility</li><li>Health and Dental Benefits</li><li>RRSP matching</li><li>Paid Vacation</li><li>Sick Days</li><li>Vary Days</li><li>Bonus Structure</li></ul><p><br></p><p>This posting is for a newly created position</p><p>Navacord DOES NOT utilize artificial intelligence in the screening, assessment, or selection of applicants.</p><p><br></p><p><b>Navacord is actively committed to support diversity, equity, and inclusion. We serve and recognize and respect human differences and similarities. We value the diversity of people and actively encourage women, indigenous peoples, members of visible minorities, people with disabilities, and lesbian, gay, bisexual, transgender, and queer (LGBTQ2+) persons to apply. We are committed to providing accommodation upon request for applicants and employees with disabilities. If you require accommodation, we will work with you to meet your needs for this position.</b></p>