Senior Life Underwriter - 7848

DGA Careers; Quebec; Remote; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a skilled Life Underwriter to join their team in a fully remote capacity. This role is crucial for maintaining company profitability by assessing financial risks associated with individual life insurance applications. The ideal candidate will possess strong analytical skills and a deep understanding of medical terminology. You'll be responsible for making timely risk assessments, supporting sales initiatives, and mentoring junior underwriters. If you're looking for a dynamic environment where you can make a significant impact, this opportunity is perfect for you.

Qualifications

• 3+ years of experience as an individual underwriter.
• Knowledge of medical terminology and risk assessment.

Responsibilities

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

Skills

Risk Assessment

Analytical Skills

Bilingualism (French and English)

Medical Terminology

Education

University Degree in Life Sciences

Completion of Nursing Degree

Kinesiology Degree

Tools

Word Processing Software

Spreadsheet Software

Database Software

Email Software

Internet Tools

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 actively in 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-solving skills