Senior Life Underwriter - 7848

DGA Careers; Montreal; Remote; CAD 60,000 - 80,000; Full time

Job summary

A leading company in the Canadian insurance industry is seeking a Life Underwriter (Senior or Intermediate) for a remote opportunity. This role focuses on assessing risk and ensuring profitability of individual life insurance applications, requiring strong analytical skills and a background in life sciences or nursing. The successful candidate will also manage client relationships and support sales efforts while coaching junior team members.

Qualifications

• 3+ years of work experience as an individual underwriter.
• Knowledge of word processing, spreadsheet, email, internet, and database software.
• Well-developed analytical and problem resolution skills.

Responsibilities

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

Skills

Analytical Skills

Bilingualism

Medical Terminology

Education

University degree in life sciences, nursing, or kinesiology

FLMI / FALU designation or currently working towards

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, spreadsheet, email, internet, and database software
• Well-developed knowledge of medical terminology
• Bilingualism (French and English) 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.