Bilingual Senior Life Underwriter

Empire Life; Canada; Remote; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Senior Life Underwriter to join their retail underwriting team. This role offers a unique opportunity to contribute to a transforming business while ensuring company profitability through effective risk assessment. You'll engage in meaningful work that balances personal and professional goals, with a focus on leadership and mentorship within a supportive environment. If you are passionate about underwriting and eager to develop your skills, this position is perfect for you. The company emphasizes work-life balance and offers a comprehensive rewards package, making it an attractive place to advance your career.

Benefits

Competitive salaries with annual pay increases

Annual bonus program

Comprehensive employer-funded benefits package

Flexible work arrangements

Four weeks annual vacation

Defined contribution pension plan

Top up programs for parental leave

Employer-sponsored wellness programs

Qualifications

• 4+ years of individual underwriting experience, with 3 years at an intermediate level.
• Strong coaching and mentoring abilities are essential.

Responsibilities

• Assess risk for individual life insurance applications up to $3,000,000.
• Provide support to Sales & Marketing teams and manage distribution relationships.

Skills

Leadership

Technical knowledge

Medical knowledge

Analytical skills

Problem resolution skills

Coaching skills

Communication skills

Organizational skills

Bilingualism (English / French)

Education

University degree in life sciences, nursing or kinesiology

FLMI with underwriting specialty

Working towards FALU

Tools

Word processing software

Spreadsheet software

Email software

Internet software

Database software

Job description

Empire Life is looking to fill several Underwriting roles on the retail underwriting team. We are looking for team members who have strong leadership, technical and medical knowledge and skills. By joining the Empire Life today, you'll be exposed to growth and career development opportunities. The Senior Life Underwriter maintains Company profitability through favourable mortality by reviewing and assessing the financial risk of individual life insurance applications. The incumbent is guided by defined goals and objectives and works under the general supervision of the Manager, Underwriting.

Why pursue this opportunity

Join a transforming business - we are a medium-sized Canadian company in a stable industry which is rapidly transforming.

The environment - we understand the importance of work-life balance and strive to provide a supportive work environment that allows our employees to achieve both personal and professional goals.

Play an integral role - this is an opportunity that allows for you to grow your skills while directly contributing to the business unit you are a part of.

What you’ll be working on

1. Assesses risk accurately to an approval limit of $2,000,000 - $3,000,000 for individual life and $1,000,000 for critical illness policies.
2. Provides sound risk decisions and related support to the Sales & Marketing and Retail business line teams.
3. Assesses the mortality and financial risk for individual life insurance applications through an analysis of financial and medical information.
4. Provides support to the Sales team in the management of the distribution relationship.
5. Interacts with reinsurance providers to spread risks on retention amounts that exceed the Empire Life retention limit.
6. Consults with Senior Underwriters, Medical Directors, or the Underwriting Manager, on any questionable situations.
7. Participates as an active team member and leads assigned projects.
8. Coaches junior and intermediate underwriters from a technical lens to ensure that individual coverage decisions are appropriate, made in a timely manner, and communicated to the appropriate team members.

What we’re looking for you to have

1. Bilingualism (English / French) is required.
2. 4+ years work experience in individual underwriting, three of which has been at an intermediate level.
3. Experience coaching / mentoring others.
4. Knowledge of word processing, spreadsheet, email, internet and database computer software.
5. Comprehensive knowledge of medical and financial terminology.
6. Well-developed analytical and problem resolution skills.
7. Ability to be decisive and show consistently good judgment.
8. Well-developed coaching and mentoring skills.
9. Well-developed organizational skills.
10. Clear writing and verbal communication skills.
11. Ability to work within and apply decision methodologies.
12. Completion of a university degree in life sciences, nursing or kinesiology.
13. FLMI with underwriting specialty considered an asset.
14. Working towards FALU considered an asset.

If you are applying for a position which is open to applicants across Canada, unless otherwise indicated in the position, language proficiency in English is required for communicating with customers, advisors, or employees across Canada.

It would be nice for you to have

1. Knowledge of individual life and health underwriting and advanced financial underwriting are assets.

Beyond the salary

For regular full-time positions, Empire Life offers a comprehensive total rewards package that includes:

1. Competitive salaries with annual pay increases.
2. Annual bonus program, which recognizes both strong company performance and individual contributions.
3. A comprehensive employer-funded benefits package that includes life insurance, disability, health and dental and a generous health account.
4. Flexible work arrangements and an annual allotment of personal health days.
5. Four weeks annual vacation from hire date.
6. A defined contribution pension plan with generous employer matching.
7. Top up programs for parental leave and compassionate leave.
8. Employer-sponsored wellness and recognition programs.