Bilingual Individual Underwriting Consultant

Canada Life; Lasalle; On-site; CAD 68,000 - 126,000; Full time

Benefits offered by this job

Education reimbursement

Mental health benefit

Pension plan

Volunteer day

Job summary

Canada Life Assurance Company invites you to join our Senior Underwriting team as a Consultant. You will conduct life risk assessments on large, complex cases, with $5,000,000 to $10,000,000 face amounts, and provide thoughtful decisions that balance risk with customer experience.

You are bilingual in French and English, have extensive experience with high-value policies, and will mentor others while collaborating with field partners and internal teams.

Qualifications

• Bilingual in French and English required due to bilingual client needs.
• Extensive experience with large face amount life cases (>= $7M authority).
• Strong medical, personal and financial underwriting knowledge.
• Ability to analyze facts and evidence to classify life risks.
• Solid influencing and negotiation skills.
• Ability to self-manage, prioritize and meet tight deadlines.
• Commitment to ongoing learning (FALU, RHU, FLMI or similar).

Responsibilities

• Conduct complete individual life risk assessments for large, complex cases with premium and face amounts up to $10,000,000.
• Analyze medical and financial evidence for underwriting decisions.
• Collaborate with field partners and internal teams to deliver high-quality, competitive decisions.
• Maintain positive relationships with advisors to support the service offering.
• Ensure compliance with applicable regulations around risk classification, privacy and disclosure.
• Mentor junior underwriters and contribute to guidelines reviews.
• Participate in projects to implement changes (reprice, new products) with transition rules.

Skills

Bilingual FR/EN

High-value case underwriting

Underwriting knowledge

Analytical skills

Negotiation

Self-management

Lifelong learning

Job description

Permanent Full Time

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)

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:

• 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 additionalinvestment 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.

Learn more about Canada Life.

We’re committed 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 handled in accordance with applicable laws and Canada Life policies.

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