Senior Life Underwriter

DGA; Montreal; Remote; CAD 70,000 - 100,000; Full time

Job summary

A leading company in the Canadian insurance industry is seeking a Senior or Intermediate Life Underwriter to work from home. The role involves assessing financial risks for life insurance applications and supporting the sales team. Candidates should have a university degree in life sciences or related fields and possess strong analytical skills, with a preference for those holding FLMI or FALU designations.

Qualifications

• 3+ years of work experience as an individual underwriter.
• 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.
• Interact with reinsurance providers to spread risk.

Skills

Analytical skills

Problem resolution skills

Bilingualism (French and English)

Education

University degree in life sciences, nursing, or kinesiology

FLMI / FALU 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 for the Underwriter: 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 related 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, spreadsheet, 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 unrivaled professional network across Canada provides us with the ability to reach vital key influencers and passive candidates nationally.

Information

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