Bilingual Individual Underwriting Consultant

The Canada Life Assurance Company; Canada; On-site; CAD 68,000 - 126,000; Full time

Benefits offered by this job

Education reimbursement

Health benefits

Mental health benefit

Volunteer day

Pension plan

Job summary

Canada Life Assurance Company is seeking a Senior Underwriter Consultant to lead complex life risk assessments and provide expert underwriting decisions for high-value cases." You will analyze medical and financial evidence and collaborate with field partners to deliver superior client journeys.

The role emphasizes mentoring junior underwriters, revising underwriting guidelines, and contributing to strategic projects with reinsurers and Legal, Pricing, Claims, and Client Service teams.

Qualifications

• Fluent in English and French, able to serve bilingual clients.
• Extensive experience with large life insurance cases and risk classification.
• Strong medical, financial underwriting knowledge and evidence analysis.

Responsibilities

• Conduct complete life risk assessments for large cases ($5,000,000–$10,000,000).
• Analyze complex medical and financial evidence.
• Collaborate with field partners and internal teams for high-quality decisions.
• Mentor junior/intermediate underwriters and assist with guideline reviews.
• Participate in projects to review competitive information and implement improvements.

Skills

Bilingual French/English

Complex underwriting

Negotiation skills

Time management

Lifelong learning

Independent worker

Education

Insurance designations (FALU/RHU/FLMI)

Job description

Canada Life Assurance Company has an exciting opportunity to join our Senior Underwriting team as a Consultant. You’re a critical thinker with extensive experience in complex/challenging cases, and passionate about providing positive customer experiences through meaningful interactions.

Your primary goal is to provide excellent customer service by finding creative underwriting solutions while managing the risk.

What will you do?

• Conduct complete individual life risk assessment and classification according to Canada Life’s risk profile on larger and more complex cases with higher premium and face amounts (between $5,000,000 and $10,000,000), all risks

• Analyze complex 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 advisors to augment our value proposition and differentiate our service offering in an effective manner

• Comply with legislative and consumer regulations as they apply to risk classification, privacy and disclosure

• Mentor junior/intermediate underwriters & Assist with the review and revision of our current Life underwriting guidelines.

• Special project work aimed at reviewing competitive information and looking for opportunities to make improvements to our Life underwriting guidelines and policies. This entails working with our reinsurers and other areas such as Legal, Pricing, Claims, Client Service, etc

• Involved in projects when changes are being implemented that will impact Underwriters (reprice, new product launch, etc), to ensure we are aligned with the changes and have transition rules in place.

Why should you join us?

• Join The Canada Life Assurance Company – the country’s first domestic life insurance company in a team of driven professionals dedicated to doing what’s right for our customers, colleagues and communities

• Enjoy financial support to enroll in courses and workshops that can further develop your skillset and advance your career

• Use your deep underwriting and reinsurance knowledge to help drive positive client journeys, risk evaluation and best practices

What skills will help you succeed?

• Bilingualism (fluent in French and English) required, as the position will regularly serve our clients with English and French-speaking needs.

• Extensive experience in complex, larger face amount cases with a minimum of $7 million individual life signing authority limit

• Superior technical knowledge in medical, personal and financial underwriting

• Ability to analyze available facts, evidence, observations and other information to appropriately assess and classify individual life insurance risks

• Solid influencing and negotiation skills

• Ability to self-manage, prioritize and remain organized in an environment with tight turn-around times

• Highly resourceful and able to work well independently, but also effectively collaborate with field partners and colleagues

• Commitment to lifelong learning through industry related courses (FALU, RHU, FLMI or other insurance / industry related courses)

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The base salary for this position is between $68,400 - $125,800 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc).

Grow with Canada Life

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:

What we offer

• 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 moreabout 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: Canada, ON, CA