Associate Manager, Financial Underwriting Practices

Canada Life Group; London; On-site; CAD 85,000 - 135,000; Full time

Benefits offered by this job

Career development

Health & wellness

Paid time off

Pension plan

Employee discounts

Community & ERGs

Job summary

Canada Life seeks an Associate Manager, Financial Underwriting Practices to support large and complex new business cases from London, Toronto, or Winnipeg. The role focuses on financial underwriting and analysis to assist the Director, Financial Underwriting.

Responsibilities include completing assessments, preparing financial recommendations, liaising with external accountants/reinsurers, and developing underwriting processes and materials for advisor presentations.

Qualifications

• 1–5 years in underwriting, tax planning, business valuation, consulting or accounting roles.
• CPA designation preferred or equivalent experience.
• Understanding of insurance products, distribution channels, advisors and clients’ needs.
• Strong financial statement analysis and business valuation knowledge.

Responsibilities

• Complete financial underwriting assessments for complex individual insurance cases and approve up to a threshold.
• Prepare financial recommendations with supporting documentation for reinsurance decisions.
• Interact with clients’ external accountants and financial advisors.
• Engage with reinsurers and sales support to provide clear financial documentation.

Skills

Underwriting

Financial analysis

Tax planning

Business valuation

Accounting

Consulting

Communication

Education

CPA designation

Job description

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Associate Manager, Financial Underwriting Practices

Description:

Permanent Full Time

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Individual insurance is a major part of Canada Life’s Canadian Operations. The Associate Manager, Financial Underwriting Practices will help protect and grow our insurance sales by providing financial underwriting support for large and complex new business cases.

With a singular focus on financial underwriting, this role supports the Director, Financial Underwriting, in the analysis and assessment of new business insurance applications.

What you will do:

• Complete financial underwriting assessments for complex individual insurance cases, including independently reviewing and approving cases up to a specified threshold.
• Prepare financial recommendations, utilizing supporting documentation that will be used to influence reinsurance decisions.
• Interact with clients’ external accountants and financial advisors.
• Interact with external reinsurers and sales support teams for complex financial underwriting cases, providing documentation in a clear and concise manner to support financial justifications.
• Support the development of internal and external financial underwriting processes and guidelines.
• Review financial underwriting marketing materials to ensure consistency with our administration and sales strategies.
• Support advisors and wholesalers with general questions related to financial underwriting.
• Prepare technical materials to be used in presentations to advisors and internal team members on financial underwriting topics and concepts.

What you will bring:

• 1 to 5 years of experience in underwriting, tax planning, business valuation, consulting, or accounting roles.
• CPA designation preferred, or equivalent experience.
• An understanding of insurance products, the insurance industry, distribution channels, advisors, and clients’ needs.
• In-depth understanding of financial statement analysis and the principles of business valuation in a wide variety of industries.
• Strong ability to collaborate with teams across multiple disciplines.
• Proven analytical, problem-solving, and decision-making abilities.
• Solid technical expertise and excellent interpersonal skills, with the ability to establish key relationships and foster strong teamwork.
• The ability to manage multiple priorities and collaborate with internal and external stakeholders to deliver on successful outcomes.
• A demonstrated track record of driving results and contributing to process improvements.
• The ability to translate complex technical topics into understandable solutions for non-technical audiences.
• Bilingualism (English and French) would be an asset, but it is not required.

Given the size and scope of our organization, we have the flexibility for this position to be located in the following office locations: London, Toronto, or Winnipeg.

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The base salary for this position is between $85,200 - $135,200 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.

Grow with Canada Life

We’reunited by a shared purpose: to improve the financial,physicaland mental well-beingof Canadians. Our company is trusted by 1 in 3 Canadians and contributes to the strength of communities across the country.

We’relooking for people who live our values everyday: we step up, we do the right thing, and we deliver – for our customers,communitiesand each other.Are you someone who always strives to do the right thing, who steps up for themselves and others, and who delivers with impact? Then we want to hear from you!

What we offer:

We’re committed to supporting our employees through every stage of their career. Here’s what you can expect as a full-time or part-time permanent team member:

• Career Development: Opportunities for career advancement, access to industry-leading learning programs and up to$2,000 annuallytowardseducation 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 andpersonal days,we support communityinvolvement with avolunteer day.

• Financial Security:Company-matching pension plan,share ownership program andadditionalinvestment options.

• Rewards and Recognition:Employee recognition programs, service milestone celebrations, employee discounts and more!
• Emphasis onCommunity:We provide aworkplace whereemployeesfeel connected and supported throughEmployee Resource Groups (ERGs),mentorshipprograms,socialclubsandevents.

Learn more about Canada Life.

We’recommitted to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact [e-mail]. All information provided will be handledin accordance withapplicable laws and Canada Life policies.

Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.

Location:

London, ON, CA Toronto, ON, CA Winnipeg, MB, CA