Senior Life Underwriter

DGA; Moncton; 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 100% remote position. The role involves assessing financial risks for life insurance applications and requires strong analytical skills and a university degree in a relevant field. Candidates with FLMI or FALU designations are preferred, and bilingualism in French and English is an asset.

Qualifications

• 3+ years of work experience as an individual underwriter.
• Well-developed knowledge of medical terminology.
• Completion of a university degree in life sciences, nursing, or kinesiology.

Responsibilities

• Assess the mortality and financial risk for individual life insurance products.
• Support the Sales team in managing distribution relationships.
• Consult with Senior team members and Medical Directors on questionable situations.

Skills

Analytical skills

Problem resolution

Bilingualism (French and English)

Education

University degree in life sciences, nursing, or kinesiology

FLMI / FALU designation or currently working towards

Tools

Word processing software

Spreadsheets

Database software

Job description

Life Underwriter (Senior or Intermediate)

100% Work from home Opportunity

FLMI / ALU Designation highly desirable

Scope Statement for the Underwriter is to maintain Company profitability through favourable 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 for assigned projects
• Review the work of junior team members and provide coaching as required

Knowledge / Experience / Certification

• 3+ years of work 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

Education / Professional Courses

• Completion of a university degree in life sciences, nursing, or kinesiology
• Well-developed analytical and problem resolution skills

DGA Careers has been proudly serving the Canadian insurance industry for over 30 years, specializing in providing insurance recruiting services to major insurers, insurance brokerage firms, and independent adjusting firms. With offices in Toronto, Vancouver, Montreal, Edmonton, and Calgary, DGA Careers is well-positioned to conduct searches with a national scope. Our 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