Senior Life Underwriter

DGA; Calgary; Remote; CAD 70,000 - 90,000; Full time

Job summary

A leading company in the Canadian insurance industry is seeking a Senior or Intermediate Life Underwriter for a fully remote position. The role involves assessing financial risk for life insurance applications and supporting sales efforts. Ideal candidates will have a university degree in life sciences, nursing, or kinesiology, along with relevant underwriting experience. Strong analytical skills and bilingualism are advantageous. Join a team dedicated to maintaining profitability and providing exceptional service to clients.

Qualifications

• 3+ years of work experience as an individual underwriter.
• Knowledge of medical terminology.

Responsibilities

• Assess mortality and financial risk for individual life insurance products.
• Support the Sales team in managing distribution relationships.
• Review work of junior team members and provide coaching.

Skills

Analytical Skills

Problem Solving

Bilingualism

Education

University degree in life sciences

University degree in nursing

University degree in kinesiology

Tools

Word Processing Software

Spreadsheet Software

Database Software

Job description

Life Underwriter (Senior or Intermediate)

100% Work from home Opportunity

FLMI / ALU Designation highly desirable

The scope of the Underwriter's role is to maintain company profitability through favorable mortality by reviewing and assessing the financial risk of individual life insurance applications. The incumbent operates within defined procedural constraints and works under the moderate supervision of the Manager, Retail Insurance Operations.

Impact Statement

• Assesses risk in a timely manner up to approval limits for individual life and critical illness policies.
• Develops and maintains strong relationships with potential and current clients.
• Provides sound risk decisions and support to the Sales & Marketing and Retail business line teams.

Responsibilities include

• Assess mortality and financial risk for individual life insurance products through analysis of financial and medical information via paper-based, electronic, and telephone underwriting.
• Support the Sales team in managing distribution relationships.
• Interact with reinsurance providers to spread risk on retention amounts exceeding the company's retention limit.
• Consult with senior team members, Medical Directors, Technical Leads, and Senior Management on questionable situations.
• Participate actively in assigned projects.
• Review work of junior team members and provide coaching as needed.

Knowledge / Experience / Certification

• 3+ years of work experience as an individual underwriter.
• Knowledge of word processing, spreadsheet, email, internet, and database software.
• Well-developed knowledge of medical terminology.
• Bilingualism (French and English) is an asset.
• FLMI / FALU designation or current pursuit of these certifications.

Education / Professional Courses

• University degree in life sciences, nursing, or kinesiology.
• Strong analytical and problem-solving skills.

DGA Careers has been proudly serving the Canadian insurance industry for over 30 years, specializing in insurance recruiting services for major insurers, brokerage firms, and independent adjusting firms. With offices in Toronto, Vancouver, Montreal, Edmonton, and Calgary, we conduct national searches. Our extensive professional network across Canada enables us to reach key influencers and passive candidates nationwide.

Information

• City: Toronto
• Job Type: Full-Time
• Education: F.L.M.I.
• Minimum experience required: 3 to 4 years