Group Underwriter Calgary Jobs Vacancy in Msh International Calgary
Msh International Calgary urgently required following position for Group Underwriter Calgary. Please read this job advertisement carefully before apply. There are some qualifications, experience and skills requirement that the employers require. Does your career history fit these requirements? Ensure you understand the role you are applying for and that it is suited to your skills and qualifications.
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Group Underwriter Calgary Jobs Vacancy in Msh International Calgary Jobs Details:
MSH INTERNATIONAL (Canada) Ltd.
We are a leading worldwide provider of expatriate insurance solutions. We advise multinationals, international organizations and businesses in the setup of international benefit programs, providing related services with high added value. We cover the risk of health, life, disability, and emergency medical assistance for more the 330,000 insured members by the means of our four regional offices (Calgary, Paris, Dubai, and Shanghai); all sharing the same integrated information system. MSH INTERNATIONAL is committed to fostering a workplace that promotes diversity and inclusion. We are proud to have a multicultural team of more than 60 nationalities speaking over 40 different languages.
We are seeking a motivated Junior Underwriter to assist with augmenting sales and account management function by pricing, evaluating/preparing renewal analyses and new business. Key Responsibilities
Pricing of new accounts and submissions/negotiation/approval by underwriters;
Pricing plan changes to existing accounts;
Collating of rate, plan and carrier summaries from all participants in market;
Production in initial proposal draft for submission to sales for review.
Pricing of renewals and submission/negotiation/approval by underwriters;
Production of internal renewal memos in advance of confirmation of terms by underwriters, outlining renewal recommendations.
Analysis of market adequacy of Lloyd’s rates un relation to markets and plan terms quoted for coverage options;
Development of ASO pricing model for large accounts;
Development of alternate funding arrangements and negotiation with underwriters on jumbo accounts;
Rate and plan pricing for new product development through in-house plan arrangements.
Ability to meet demanding deadlines;
Ability to make good judgement and decisions;
Ability to generate and implement creative solutions to problems;
Ability to think strategically, understand a situation (accounts, competitive environment, product changes, etc..)
and develop a strategy to achieve the desired outcome;
Strong interpersonal and communications skills;
Strong analytical skills with a keen attention to detail;
Strong organizational skills with strengths in prioritization and efficiencies.
Relevant college/university degree or diploma or equivalent work experience;
1-2 years’ experience in group underwriting capacity;
Exposure to pooled, experience rated, ASO, and refund accounted funding arrangements;
Prior experience underwriting groups of 10 to 100 lives required;
Advanced knowledge of Microsoft Office applications – specifically Excel and PowerPoint;
Experience working within a domestic insurance broker/consulting firm would be a definite asset.
MSH INTERNATIONAL recognizes the hard work and commitment of their employees and offers, in addition to a competitive
salary, a comprehensive benefits package, including:
Health & Drug Benefits
Life Insurance and Accidental Death & Dismemberment Benefits
Short Term Disability Benefits
Deferred Profit Sharing Plan
Wellness/Health Facility Benefit
Health Care Spending Account
Paid sick days
Paid vacation and flex days MSH INTERNATIONAL also recognizes the importance of workplace & life balance, offering flexible working schedules.