Senior Life Underwriter

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

Job summary

A leading company in the Canadian insurance industry is seeking a Life Underwriter, either at a Senior or Intermediate level, for a fully remote opportunity. In this role, you will assess individual life insurance applications while ensuring company profitability and maintaining strong client relationships. Ideally, you will have over 3 years of underwriting experience and hold relevant certifications.

Qualifications

• 3+ years of experience as an individual underwriter.
• Knowledge of medical terminology is necessary.
• Strong analytical and problem-solving skills required.

Responsibilities

• Assess financial and mortality risk of individual life insurance applications.
• Support the Sales team in managing distribution relationships.
• Provide coaching to junior team members as required.

Skills

Analytical skills

Problem-solving skills

Bilingualism (French and English)

Education

University degree in life sciences, nursing, or kinesiology

FLMI / ALU Designation

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

Scope Statement: 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 is guided by defined procedural constraints and works under the moderate supervision of the Manager, Retail Insurance Operations.

Impact Statement

• Assesses risk in a timely manner to an approval limit 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 the 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, or Technical Lead and Senior Management on questionable situations
• Participate as an active team member in assigned projects
• Review the work of junior team members and provide coaching as required

Knowledge / Experience / Certification

• 3+ years of experience as an individual underwriter
• Knowledge of word processing, spreadsheets, email, internet, and database software
• Well-developed knowledge of medical terminology
• Bilingualism (French and English) is an asset
• FLMI / FALU designation or currently working towards it

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, DGA Careers conducts 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