Underwriting Strategy & Analytics Specialist

Underwriting Strategy & Analytics Specialist

THE ROLE IN A NUTSHELL Base

Salary

CAD $72,521.00 - 109,341.00

We are seeking a detail-oriented and analytical individual to join our Underwriting Department as a Strategic Underwriting Analyst. This role is pivotal in ensuring that our underwriting processes and decision-making are aligned with the Annual Operating Plan (AOP). The successful candidate will contribute to the strategic goals of the department by providing insights and recommendations based on thorough data analysis.

• Work collaboratively with the Director of Underwriting to develop new strategic plans for underwriting new business as well as for retaining existing business. Find creative solutions to help balance overall profitability with growth.
• Data Analysis and Reporting: Analyze underwriting data to identify trends, variances, and opportunities for improvement. Generate regular reports to track performance against the AOP.
• Alignment with AOP: Ensure all underwriting activities are in line with the AOP. Monitor and report to senior leadership on key performance indicators (KPIs) related to underwriting objectives.
• Process Improvement: Identify areas for process optimization within the underwriting workflow. Propose and implement solutions to enhance efficiency and effectiveness. Develop CI plans to reduce administrative effort and track against objectives throughout the year.
• Collaboration: Work closely with other departments such as Finance, Risk Management, and Operations to ensure cohesive alignment with the AOP. Facilitate cross-functional communication and initiatives.
• Risk Assessment: Conduct thorough risk assessments and evaluations to support underwriting decisions. Provide actionable insights to mitigate potential risks.
• Documentation and Compliance: Maintain accurate documentation of underwriting processes and decisions. Ensure compliance with internal policies and regulatory requirements.
• Stakeholder Communication: Communicate findings and recommendations to senior management and key stakeholders. Prepare presentations and reports to support decision-making.
• Evaluate monthly renewals and propose ideas for large or at-risk clients.
• Special projects: look at profitability of block arrangements or other ad-hoc client requests to help support the team.
• Support GS4SB renewals – work with director and manager to develop a process for block renewals under 50 lives.
• Offer Peer review on large quotes and renewals; step in for managers if they are out on vacation to help support the team in their absence.
• Offer ongoing training and mentoring to existing employees based on analysis and concerns/issues found during peer reviews.

THE CULTURE We believe a career should be meaningful. Not just a means to earn a living. Our culture is one where everyone's voice is heard and valued. Because that’s what it takes to create better health for all. We dare to challenge the status quo. And we’re driven by people who have challenged theirs. We believe that your workplace should empower you to be the best version of yourself. That’s why we provide a place where you can be inspired, challenged, and rewarded.

Where your growth means our growth. Where your voice is heard and valued. Where your work has purpose. And purpose matters.

We believe our people are critical to our overall success. Inclusivity makes us a stronger, smarter and more informed organization. Being intentionally inclusive of diverse backgrounds, perspectives and experiences will enhance our company culture to positively impact how we support our communities. A career at GreenShield isn’t just about personal achievements, it's about making a difference together.

Here’s to Better Health for All!

A FEW MORE DETAILS Proficiency in English is required for this position. As part of this role, you will be required to communicate with colleagues or customers who use English as their primary language. By requiring English proficiency for this position, we aim to ensure that our employees can excel in their roles, collaborate, and communicate effectively, and contribute to the success of our organization.

GS supports diversity, equity and inclusion in our teams and communities, and we value the unique contributions made by all. Even if your experience doesn’t align perfectly to every requirement, we invite you to apply. We encourage applications from all candidates and will accommodate needs under human rights legislation throughout all stages of the recruitment and selection process. Information received relating to accommodation will be addressed confidentially.

AI Usage - GreenShield leverages AI to help produce Job Descriptions, and ideate on interview questions. We also leverage AI for interview transcription support.