Munich Re Careers

At The Hartford Steam Boiler, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

Senior Life Underwriting Specialist

Location

Canada

Posted

1 day ago

Salary

C$122K - C$159K / year

Seniority

Senior

No structured requirement data.

Job Description

Senior Life Underwriting Specialist

Munich Re Careers

Role Description Munich Re Canada is seeking a senior, bilingual, client-focused underwriting consultant who will bring strong technical judgment, curiosity and a passion for underwriting to our team. This role combines production underwriting for our facultative business with client partnership, team mentoring and contributions to modernization initiatives that support consistent, efficient and forward-looking underwriting outcomes. - Assess and underwrite complex Life & Health facultative risks by applying sound medical, financial, occupational, avocational, and risk-selection judgment within established authority levels. - Deliver responsive, consultative support to clients by providing clear underwriting rationale, practical solutions and timely file management that strengthen long-term client relationships. - Contribute to underwriting modernization initiatives, including the effective use of data, automation, rules engines, digital evidence, and workflow tools to improve quality, consistency, and efficiency. - Mentor, coach and support underwriters through case consultation, co-signing, technical guidance, and knowledge sharing to build capability across the team. - Partner with cross-functional teams, including medical, claims, actuarial, pricing, reinsurance operation risk, compliance, and technology, as an underwriting subject matter expert in support of business priorities. - Monitor emerging risk trends, evolving sources of underwriting evidence, regulatory considerations, and market developments to support informed, consistent, and forward-looking risk selection. - Support continuous improvement by identifying opportunities to enhance underwriting guidelines, processes, client experience, controls, and training materials. Qualifications - Bachelor’s degree (or equivalent experience). - Industry designations preferred (FALU, FLMI), or a demonstrated commitment to ongoing technical and professional development. - 5+ years of Life & Health underwriting experience, including complex and facultative cases; Critical Illness or Disability underwriting experience is an asset. - Bilingual French/English (oral and written) is required. - Advanced knowledge of medical, financial, occupational, and avocational risk assessment, as well as insurance principles, contract provisions, and regulatory considerations relevant to underwriting decision-making. - Strong digital fluency, including comfort using underwriting platforms, data, automation, rules engines, workflow tools, and evolving sources of evidence to support consistent and efficient risk selection. - Excellent critical thinking, analytical judgment, and critical thinking skills, with the ability to synthesize complex information and provide clear, well-reasoned recommendations. - Strong relationship-building and influencing skills, with the ability to partner effectively with clients, underwriters, and cross-functional stakeholders. - Demonstrated ability to mentor, coach or provide technical guidance to others, with a commitment to knowledge sharing and team development. Benefits - An engaging and collaborative environment that promotes continuous learning and development. - A hybrid work environment that combines weekly in-office and remote days. - A great compensation package including annual company bonus. - Market leading company-paid flexible health and dental benefits, starting on your first day. - Flexible dollars provided by the company to put towards Health Spending Account and/or Wellness Spending Account. - Immediate participation in DC Pension Plan with an automatic employer contribution, plus optional company match. - Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days. - Learning and development programs and resources, including unlimited access to LinkedIn Learning, Education Assistance Program and reimbursement for professional fees. - Maternity, Parental & Adoption Leave top-up program. - Employee Referral Program, Recognition & Rewards Platform.

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