Senior Underwriting Consultant

Sun Life; Nova Scotia; Hybrid; CAD 90,000 - 130,000; Full time

Job summary

Join Sun Life’s High Net Worth Team as a Senior Underwriter, where you will leverage your bilingual skills and extensive underwriting experience to mentor others and handle complex risk assessments. Enjoy a supportive culture with flexible benefits, pension plans, and opportunities for professional growth.

Benefits

Flexible Benefits

Immediate Pension Plan participation

Stock Ownership Program

Pay for performance rewards

Paid vacation and Care Days

Sabbatical Program every five years

Qualifications

• Minimum of 7 to 10 years of underwriting experience.
• Ability to make risk assessment decisions within signing authority.
• Demonstrated leadership and change agent experience.

Responsibilities

• Train and mentor senior Underwriting resources.
• Complete risk assessments on complex cases.
• Provide explanations for all underwriting decisions.

Skills

Bilingualism (French and English)

Technical underwriting skills

Risk assessment decisions

Leadership

Reinsurance negotiating skills

Empathy and finesse

Partnership building

Education

AALU designation

Working towards FALU designation

Job description

Sun Life’s High Net Worth Team creates a remarkable new business experience through an unparalleled proactive and responsive process that supports both the advisor and their client throughout the entire acquisition process, complemented by immediate in-force support through dedicated points of contact. With the ability to work from home, an amazing collaborative client-centric team, Sun Life’s High Net Worth Team may be the place for you.

What will you do?

1. Use effective teaching style for training and mentoring senior Underwriting resources on financial and reinsurance aspects of High Net Worth business.
2. Complete risk assessments on larger and more complex cases with higher premiums and face amounts (between $5,000,000 and $10,000,000), with the ability to decline unacceptable risks.
3. Complete classifications for life and critical illness, making effective use of full signing authority.
4. Apply holistic underwriting expertise in all areas of underwriting including medical, financial, and lifestyle factors to make sound and competitive decisions.
5. Perform referrals with the aim of mentoring senior underwriters.
6. Provide full explanations for all decisions and inquiries.
7. Meet with Advisors and Firms, and deliver presentations supporting SLF Underwriting philosophies.
8. Take a leadership role in identifying challenges and proposing solutions through our Brighter Way program.
9. Maintain a client and results-focused approach, using a proactive service orientation.
10. Support our Distribution partners.

What do you need to succeed?

1. Bilingualism (French and English, both oral and written) is required for interactions with colleagues and partners across Canada and worldwide; reporting to a unilingual English-speaking manager outside Quebec.
2. Excellent technical underwriting skills with a minimum of 7 to 10 years of underwriting experience.
3. Ability to make appropriate risk assessment decisions in accordance with SLF guidelines and within signing authority.
4. AALU designation and working towards the FALU designation.
5. Demonstrated leadership supporting change and acting as a change agent.
6. Exceptional reinsurance negotiating skills.
7. Empathy and finesse to promote positive interactions.
8. Awareness of trends in medicine and initiative to recommend improvements.
9. Ability to build partnerships with advisors and wholesalers.

Reasons to join us under the sun

1. A caring, supportive, and inclusive culture.
2. Supportive leadership focused on your success and well-being.
3. Continuous improvements to enhance work and client experience.
4. Sustainability commitments for a more inclusive and sustainable future.

We also offer programs to help our Employees achieve financial security and live healthier lives, including:

1. Flexible Benefits from day one.
2. Immediate Pension Plan participation with automatic and matching contributions.
3. Stock Ownership Program with company match.
4. Pay for performance rewards.
5. Paid vacation, Care Days, Sick Days, and a Sabbatical Program every five years.
6. Support for not-for-profit organization involvement.