Senior Underwriting Consultant

Sun Life; Nova Scotia; On-site; CAD 80,000 - 110,000; Full time

Job summary

A leading financial services provider is seeking an experienced Underwriter to join their High Net Worth Team. You will leverage your extensive experience to assess risks and mentor others. This hybrid role provides flexibility while working in a supportive team environment. Candidates must be bilingual and have a strong technical underwriting background. Join us for a caring culture and competitive benefits.

Benefits

Flexible Benefits

Pension Plan participation

Stock Ownership Program

Paid vacation and sick days

Sabbatical Program

Qualifications

• Minimum of 7 to 10 years underwriting experience required.
• Ability to perform complex risk assessments.
• Excellent leadership and change management skills.

Responsibilities

• Train and mentor senior underwriting resources.
• Complete complex risk assessments for high-value cases.
• Make sound underwriting decisions based on comprehensive analysis.

Skills

Bilingualism (French, English)

Technical underwriting skills

Exceptional reinsurance negotiating skills

Ability to make risk assessment decisions

Building partnerships

Education

AALU designation

Working towards FALU designation

Job description

Job Description

Location: hybrid, work from home

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 inforce 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 resource on financial and reinsurance aspects of High Net Worth business
2. Complete risk assessment on larger and more complex cases with higher premium and face amounts (between $5,000,000 and $10,000,000 with ability to decline unacceptable risks)
3. Complete classification 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 underwriting decisions
5. Perform referrals with the aim of mentoring senior underwriters
6. Provide full explanations for our rationale on all decisions and inquiries
7. Be called upon to meet with Advisors and Firms, and deliver presentations that support SLF Underwriting philosophies
8. Take leadership role in identifying areas of challenge and bringing forward well thought out recommendations for solutions through our Brighter Way program
9. Be client and results focused, using a pro-active service orientation
10. Have the commitment to support our Distribution partners

What do you need to succeed?

• Bilingualism (French, English, both oral and written) is required for the frequent interactions with English and French-speaking colleagues or internal partners across Canada and worldwide; the position reports to a unilingual English-speaking manager outside Quebec.
• Must have excellent technical underwriting skills with a minimum of 7 to 10 years underwriting experience
• Must make appropriate risk assessment decisions on applications in accordance with SLF underwriting guidelines and within signing authority
• AALU designation and working towards the FALU designation
• Demonstrate visible and positive leadership that actively supports change
• Act as a change agent and help others adapt
• Exceptional reinsurance negotiating skills
• Empathy and practice principles of finesse to promote positive interactions
• Demonstrated awareness of trends and changes in medicine, and initiative to bring forward recommendations to operational teams and development and governance as needed
• Excel at building partnerships with advisors and wholesalers

Reasons why should you join us under the sun

• A caring, supportive, and inclusive culture
• Supportive leadership who’s focused on your success and well-being
• Continuous improvements that focus on enhancing your work and our clients’ experience
• Sustainability commitments to create a cleaner, more inclusive and sustainable future for our communities

We also offer a number of programs and offerings to help our Employees achieve lifetime financial security and live healthier lives, some of these include :

• Flexible Benefits from the day you join to meet the needs of you and your family
• Pension Plan participation starts immediately, and you are automatically enrolled. We help you save more with Sun Life automatic and matching contributions and by including both your salary and bonus when making contributions
• Stock Ownership Program gives you the chance to invest in Sun Life and get a company match
• Pay for performance reward
• Paid vacation based on experience, 5 Care Days available for self-care or care of others (i.e., family or others you may support) and 10 Sick Days to support your well-being
• Our unique Sabbatical Program gives you the opportunity to take up to 6 weeks off, every five years
• Investment in not-for-profit organizations that are important to you