Underwriter, Senior

Equitable; City of Lacombe; Remote; CAD 80,000 - 110,000; Full time

Job summary

A leading company in the insurance sector is seeking a Senior Underwriter to join their Individual Insurance team. This role involves comprehensive risk assessment for life and critical illness products, ensuring compliance with regulations while delivering exceptional client experiences. The ideal candidate will possess strong analytical skills, a commitment to ongoing learning, and a minimum of three years of relevant experience.

Benefits

Work-life balance and wellness focus

Annual bonus and vacation allowance

Paid volunteer day annually

Immediate enrollment in the pension plan

Tuition assistance and educational support

Discounts on company products/services

Regular company events fostering team spirit

Qualifications

• Minimum of 3 years of experience as a Life and Critical Illness Underwriter.
• Strong technical knowledge in medical, financial, and non-medical underwriting.
• Commitment to ongoing learning about medical knowledge and industry trends.

Responsibilities

• Apply comprehensive underwriting expertise across medical, financial, and non-medical risk factors.
• Manage daily work volumes independently to meet service standards.
• Contribute to the continuous improvement of underwriting processes.

Skills

Analytical skills

Problem-solving skills

Communication skills

Negotiation skills

Relationship management

Education

FLMI / FALU designation

Tools

MS Office Suite

Job description

At Equitable, we realize that your work life is not just about performing a job; it's about being part of a workplace that helps you grow and reach your full potential. Within our friendly and collaborative work environment, we recognize that the key to our growth and success is a dedicated, motivated, and client-responsive staff. Join Equitable today.

Position Title:

Senior Underwriter

Reports To:

Manager, Underwriting

Department:

Individual Underwriting

Term:

Permanent Full-Time

Work Arrangements:

You will work from your home office 100% of the time. You may be required to be in-person at our Waterloo, ON office or another location within the Waterloo Region, as needed. Sales roles may require travel.

The Opportunity:

Equitable is seeking a Senior Underwriter to join our Individual Insurance team. The role involves risk assessment for life and critical illness products and offers a chance to develop your skills at Waterloo Region’s Top Employers.

Responsibilities:

1. Apply comprehensive underwriting expertise across medical, financial, and non-medical risk factors.
2. Maintain high-quality work standards.
3. Manage daily work volumes independently to meet service standards.
4. Deliver a first-class client experience.
5. Ensure compliance with legislative requirements, consumer regulations, and reinsurance treaties.
6. Contribute to the continuous improvement of underwriting processes.
7. Mentor other underwriters by sharing expertise and guidance.

Qualifications:

1. Strong technical knowledge in medical, financial, and non-medical underwriting.
2. Ability to adapt in a dynamic work environment.
3. Excellent analytical and problem-solving skills.
4. Strong reinsurance relationships and negotiation skills.
5. Effective communication skills, both written and verbal.
6. Proactive and service-oriented relationship skills.
7. Minimum of 3 years of experience as a Life and Critical Illness Underwriter.
8. FLMI / FALU designation or currently pursuing it.
9. Commitment to ongoing learning about medical knowledge and industry trends.
10. Proficiency with MS Office Suite.

Benefits:

• Work-life balance and wellness focus.
• Annual bonus, vacation allowance, and paid benefits.
• Paid volunteer day annually.
• Immediate enrollment in the pension plan with employer matching.
• Employee resource groups promoting inclusivity.
• Tuition assistance and educational support.
• Onsite cafeteria with diverse options.
• Discounts on company products/services and exclusive perks.
• Regular company events fostering team spirit.

Application Requirements:

• Provide two professional references, including at least one supervisor.

This vacancy is open due to an existing position. To learn more about Equitable, explore our organization. We are committed to equal employment opportunities. Contact HR at [email protected] for accommodations or alternative formats.