Senior Life Underwriter - 7848

DGA Careers; Toronto; Remote; CAD 70,000 - 90,000; Full time

Job summary

A leading company is seeking a Life Underwriter (Senior or Intermediate) for a 100% remote position. The role involves assessing financial risks of life insurance applications, providing sound risk decisions, and maintaining relationships with clients. Candidates should have a university degree in life sciences, nursing, or kinesiology and 3+ years of underwriting experience. Bilingualism in French and English is an asset.

Qualifications

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

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

Analytical Skills

Problem Resolution

Bilingualism

Education

University Degree in Life Sciences

Nursing

Kinesiology

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 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 it

Education / Professional Courses

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