Company: CLIC
Department: Group Benefits
Employment Type: Regular Full-Time
Work Model: Hybrid (2 days in office)
Language: This role operates in English.
Additional Information: This/these role(s) is/are currently vacant
We are a leading Canadian financial services co-operative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy. That’s why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose. The best part is that you will work with people that care passionately about you, our clients and our communities.
Our Group Benefits team is a leader in our target markets through service excellence and innovative technology and products. Influenced by our co-operative values, our team of experts work collaboratively with clients to deliver solutions that meet their business needs.
The Contract Administrator is responsible for writing and issuing standard group insurance policies, amendments, letters of agreement and booklets/brochures. This position is also responsible for providing back up support for the File Clerk and assisting in various tasks and projects as assigned.
Prepares new group policies and booklets for clients
Reviews requests for policy amendments, investigates any missing or conflicting information regarding the request, summarizes changes and prepares final policy amendment documents
Reviews requests for letters of agreement, investigates any missing or conflicting information, prepares and sends letter of agreement
Review last copy of booklet file to ensure all changes in policy are reflected
Uploads booklet to website for plan sponsors and prepares booklet for print and distribution
Reviews current policies to determine which policy provisions require amendments
Prepares mass amendments to existing policies
Prepares communication for service representative outlining changes and uploads booklet to website for plan sponsors
Two years group benefits experience or related post secondary education.
Good analytical skills.
Excellent written communication skills.
Previous knowledge of group insurance products and standard group policy wording would be an asset.
Expected salary range $43,550 - $72,583
The salary amount for the successful candidate is determined by Co-operators in its discretion and will vary depending on several criteria including but not limited to: local market conditions, geography and relevant job-related factors such as knowledge, skills, qualification, experience and education.
Employees may also have the opportunity to participate in incentive programs and earn additional compensation tied to individual and/or business performance, or other business metrics.
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As a leading Canadian financial services co-operative, Co-operators offers multi-line insurance and wealth products, services, and advice to build financial strength and security. With over $56 billion in assets under management, we provide financial solutions and security through property and casualty (P&C) insurance, life insurance, wealth management, institutional asset management and brokerage operations. We are governed by member organizations, including co-operative organizations, credit union centrals and representative farm organizations.
We are rooted in the idea that together, we are stronger, safer, and more resilient. Our vision to be a catalyst for a sustainable society is reflected in everything we do, including our community investment programs, strategic partnerships, and active volunteerism. We champion and fund the development of community-oriented co-operatives and social enterprises, invest for positive impact, and work hard to contribute to communities across Canada by supporting financial literacy, mental health, flood safety, and sustainability initiatives and programming.
With over 600 locations across the country, over 6,000 employees and a dedicated financial advisor network of over 2,500 licensed insurance representatives, we remain true to our roots: putting the needs of our clients and our communities first.
Proudly Canadian since 1945.