Log In
Sign Up
Internal Applicants: If you are a current NFP employee with access to the employee portal, please apply by navigating in the PeopleFirst Portal: Menu > Myself > View Opportunities (under My Company).
About the Role
We’re looking for an Employee Benefits Senior Underwriter to support the Group Benefits division in the placement of new and renewal business. The successful candidate will be assigned a block of business and will be responsible to work alongside the appropriate Consultant/Account Manager to manage underwriting activity/needs. The Senior Underwriter will also develop and maintain relationships with local insurance carrier contacts and is an internal resource for technical assistance for all levels of Sales and Service.
This role involves planning and strategizing with the Consultant/Account management team to meet all client deliverables including participating in client meetings from time to time when appropriate.
COVID-19 Update: Please note in some locations we are transitioning to a hybrid working environment for our Canadian employees. Standard operating hours will generally remain intact for offices in this environment. The safety of our employees and clients is a top priority.
What You’ll Do
Analyze carrier data on accounts ranging from medium to high complexity, including flexible benefit programs.
Provide recommendations to the account management team to support rate negotiations, financials, and funding recommendations
Prepare and evaluate claim experience, utilization reports, renewal projections, and ASO budget rates
Assist in marketing, analysis, and placement of all benefit lines of coverage
Price plan design alternatives or new product considerations; prepare plan benchmarking review including analysis
Assist in setting Employee Contribution structures, reviewing contracts, and preparing RFP specifications
Assist in the workflow for monthly and quarterly financial reporting for clients as well as providing assistance in the negotiation of rates with insurance carriers and other suppliers
Ensure that client information is accurate, current, and filed in the appropriate system
Stay informed about industry development, changes, and legislative updates within all types of underwriting methodology
What You Bring
Typically, more than 7 years of group insurance industry experience, preferably in employee benefits underwriting
Strong analytical skills with advanced working knowledge of Microsoft Excel
Demonstrated ability to take ownership, negotiate and follow through to a satisfactory resolution
Strong time management, decision making, and organizational skills
Excellent interpersonal, verbal, and written communication skills
Ability to work in teams and be flexible to work under tight deadlines and changing client needs
Ability to assist and maintain good working relationships at all levels across organizations
Have or working towards CEBS designation an asset
Who We Are
We’re NFP, a 5x Best Places to Work award winner in Insurance, a 5-Star Brokerage award winner from Insurance Business Canada Magazine, and a recognized Elite Agency award winner. We enable client success through the expertise of over 1000 employees based in Canada and more than 6,000 employees with global capabilities. As an organization, we care about giving back to the community. We contribute to different organizations, including Children’s Cancer Society, GenHERation, Year Up, and many more.
We’ve become one of the largest insurance brokerage, consulting, and wealth management firms by building enduring relationships with our clients and helping them realize their goals. NFP is the 2nd largest retirement aggregator firm (Investment News), 5th largest benefits broker by global revenue (Business Insurance), 10th largest property and casualty agency (Insurance Journal), and 12th largest global insurance broker (Best’s Review).
Our expertise is matched by our commitment to each client’s goals and is enhanced by our investments in innovative technologies in the insurance brokerage and consulting space. To learn more, please visit https://nfp.ca/.
What’s In It For You
NFP’s PeopleFirst culture offers a multitude of benefits to employees and is a great place to call home.
Annual bonus plan for all employees
Matching RRSP plan of 5% of salary
Referral Commission Plan
Generous benefits plan including Health Care Spending Account starting on the first day of employment
Full support for continuing education & internal opportunities to grow as an insurance professional to advance career
Reimbursement of license fees and professional membership dues
A global team of industry leaders focused on employee retention, client growth, industry innovation, and collaboration
Our employees are the foundation of our success.
NFP is a big company — a growing, inclusive team of individuals supporting each other’s passions and engaging with the community.
We understand that more people mean more experience, more expertise, more diversity of thought, and more opportunities to understand the world we share together. By embracing organic collaboration and innovation, we are able to integrate an array of ideas and perspectives to continuously refine what we do and how we do it.
Building a diverse, collaborative and innovative team requires leadership, deliberate action, and ongoing measurement. We actively support the well-being of our employees with benefits and programs driven by recognition, community, financial wellness tools, development, and inclusion, fostering personal and professional growth that keeps us moving forward.
Beyond our office walls, we’re dedicated to serving the community around us. Every day we make proactive choices to take care of the communities in which we live and work. From charity drives and community service outings to other company-sponsored events, our employees donate their time and raise funds on behalf of great causes across the country.
Our business is built on the personal level. Whether it’s in our offices, on a call, out in the field, or anywhere you can find us in the world, we’re starting the conversations that create a more secure future for everyone.
Accommodations are available on request for candidates taking part in all aspects of the selection process.
