Underwriter

At Alumo, we believe our employees make the difference. We provide a professional and motivating team environment where contributions are valued. This belief, supported by an entrepreneurial culture, has helped build a company with a strong history and an exciting future.

We're looking for an Underwriter to join our growing team in Toronto. This is a success-driven position with responsibility for multiple areas including data management, analytical report preparation, ad-hoc benefit pricing, timely external system access, and resolutions for the management of ad-hoc client reports, and data requests. You will collaborate with departments across the organization in reporting and data requirements. You will assist in maintaining our existing student block and support the Underwriting and Sales Teams through independent and aggregate client block management and solid partner relationship building to strengthen the corporate brand and reputation in the industry. This position will form part of a larger integration of the Underwriting Team within the Student Solutions division at People Corporation and may be subject to adaptation, remaining within underwriting responsibilities, as the integration process continues.

The Underwriter will:

• Review, analyze and/or validate data received from internal teams, market partners, and external stakeholders.

• Develop a tracking system of periodic raw data reports pertinent to the ongoing operations and ad-hoc client requests from internal teams.

• Receive and filter raw data from market partners and formulate the data in accordance with data outcome. 

• Create reports and presentations in Excel and PowerPoint.

• Produce presentation based on your own independent analysis, related benefit component coverage, and tie into market trends.

• Review related insurance plan to raw data to determine cross coverage patterns, anomalies, and trends for predictive modeling and to identify student-related areas that require plan action and/or change.

• Research relevant industry trends and demonstrate to Director of Operations the validity of specific application and implementation of database management tools to streamline reporting.

• Build healthy relationships with external insurer and provider partners and act as the main point of contact for regular and ad-hoc data collection and management.

• Partner with the relevant internal departments to clarify data and/or client requirements to ensure presentation output accurately reflects the data information, meets internal high service standards, and client expectations.

• Collaborate with Communications Team to enhance or edit customized report templates, as well as finished client products.

• Set up meetings with external stakeholders and take charge of communication for data and/or system issues, including follow-up written communication with actionable items, independently or in collaboration with Director of Operations and/or internal team members.

• Liaise with external and other stakeholders frequently in relation to ongoing issues and business performance to promote and support high service standards.

• Maintain external stakeholder verification process, working with provider to provide validation for data upload, to avoid errors under finance, and act as liaise for third-party claims reimbursement. Provide resolutions to discovered data system issues, when necessary.

• Perform other related duties as required.

To be successful as an Underwriter with ALUMO, you will need:

• University degree in mathematics, finance, actuarial science and/or 2+ years of group underwriting experience. 

• Completed or actively pursing Certified Employee Benefit Specialist (CEBS) an asset.

• Superior knowledge of Excel (Advanced+), including but not limited to statistical modeling, forecasting and prediction, pivot tables, VBA and macros, filters, and familiar with advanced excel formulas to create comprehensive and complex data sheets.

• Advanced virtual skills and experience with Word, PowerPoint, Access, Zoom, Microsoft Teams.

• Ability to learn new systems and technologies of external partners.

• A positive attitude with an exceptional ability to work under pressure, with a strong capability to balance multiple tasks with delicate timelines.

• Well-developed analytical skills, integrity and confidentiality in handling sensitive client and data information that require assessment and meticulous attention to detail.

• Strong interpersonal communication abilities, highly proficient in written and verbal communication and excellent organization skills. Negotiation skills an asset.

• Aptitude for the building of professional and solid relationships with internal team and external stakeholders.

• Highly organized with the ability to learn quickly, adapt to ever-changing and fast-paced environments and work independently on tasks.

All-star candidates will have:

• Thorough understanding of domestic and international student plans, products and services for Canadian Colleges and Universities.

• Familiar with current ODA fee guide, generic and brand drug patent releases, drug, paramedical and dental associated market trends.

• Solid understanding of inpatriate benefits and guidelines as it relates to the provincial healthcare for international student brand.

What's in it for you:

• Learn by working alongside our experts

• Extended health care and dental benefits

• A retirement savings plan with company contributions

• A suite of Health & Wellness offerings

• Mental Health programs and support for you and your family

• Assistance for the completion of industry designations

• Competitive compensation

At People Corporation we are committed to helping businesses succeed. We are a national provider of benefits, retirement, wealth, wellness, and human resource solutions. Our experts and solutions serve over 20,000 clients representing nearly 3 million Canadians. We offer customized solutions designed to fit the unique needs of businesses and their employees, members and stakeholders.

Providing an inclusive, accessible environment, where all employees and clients feel valued, respected and supported is something we're committed to. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employeehas the opportunity to reach their potential. If you require an accommodation or an alternative format of any posting please reach out to [email protected].

The base salary for this position is between $65,000 - $80,000 annually.

This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). The actual base salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are selected to move forward in our recruitment process, the Talent Acquisition Specialist will be able to provide additional details of the total compensation for this role.