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Underwriting Consultant
Location
Canada
Posted
71 days ago
Salary
C$75.6K - C$125.6K / year
Seniority
Mid Level
No structured requirement data.
Job Description
Underwriting Consultant
The Canada Life Assurance Company
Role Description We are hiring an Underwriting Consultant. This exciting opportunity is remote within Canada! As an Underwriting Consultant at Canada Life, you will be working with a dynamic team of underwriting professionals that are passionate about providing best in class customer experiences with a domestic insurer that’s been around for 175 years. What you will do: - Conduct complete individual life risk assessment and classification according to Canada Life’s risk profile - Critical Illness risk assessment an asset but not required - Analyze financial, medical, and other non-medical evidence - Communicate and collaborate with our field partners and internal teams to provide high quality and competitive decisions for our customers - Maintain positive and effective relationships with our advisors to differentiate our service offering - Comply with legislative and consumer regulations as they apply to risk classification, privacy, and disclosure - Contribute to continuous improvement, professional development, and a positive work environment Qualifications - Bilingualism (fluent in French, English, both oral and written) is required for Quebec only - Minimum 5 years of experience as an Individual Life Underwriter - Minimum $3M existing Life signing authority - Excellent knowledge in medical, personal, and financial underwriting - Ability to analyze available facts, evidence, observations, and other information to appropriately assess and classify individual insurance risks - Solid influencing and negotiation skills, including with reinsurers - Demonstrated ability to think critically - Experience in the large case market an asset - Ability to self-manage, prioritize, and remain organized to meet deadlines - Resourceful with the ability to work well independently, but also effectively collaborate and communicate with field partners and colleagues - Demonstrated commitment to lifelong learning through industry related education (e.g., FALU, FLMI or other insurance/industry related courses) would be a strong asset Requirements The base salary for this position is between $75,600 - $125,600 annually. This represents base salary only and does not represent other variable compensation components of our total compensation (i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you. Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis. Benefits - Career Development: Opportunities for career advancement, access to industry-leading learning programs and up to $2,000 annually towards education reimbursement. - Health & Wellness: Flexible health and dental benefits, plus a $5,000 mental health benefit to support your well-being. - Time Off: In addition to regular vacation and personal days, we support community involvement with a volunteer day. - Financial Security: Company-matching pension plan, share ownership program and additional investment options. - Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more! - Emphasis on Community: We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events.
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