Senior Underwriting Consultant

Sun Life Financial; Toronto; Hybrid; CAD 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a Senior Underwriting Consultant to join their High Net Worth Team. This role offers the opportunity to work in a hybrid environment, combining remote and in-office work. You will leverage your extensive underwriting expertise to assess high-value cases and mentor junior staff. The position emphasizes collaboration and client-centric service, making a positive impact on individuals and communities. Join a supportive and inclusive culture that values diversity and empowers employees to thrive in their careers while contributing to meaningful change. This is a chance to grow professionally in a dynamic and rewarding environment.

Benefits

Flexible Benefits

Pension Plan participation

Stock Ownership Program

Pay for performance reward

Paid vacation

Sabbatical Program

Investment in not-for-profit organizations

Qualifications

• 7-10 years underwriting experience required.
• Must have strong technical underwriting skills and risk assessment capabilities.

Responsibilities

• Mentor senior underwriters on financial and reinsurance aspects.
• Conduct risk assessments on large, complex cases.

Skills

Bilingualism (French, English)

Technical underwriting skills

Risk assessment

Reinsurance negotiating skills

Leadership

Empathy

Education

AALU designation

Working towards FALU designation

Job description

Senior Underwriting Consultant page is loaded

Senior Underwriting Consultant

Apply locations Toronto, Ontario Nova Scotia Telecommuters Manitoba Telecommuters Alberta Telecommuters Sun Life Waterloo King time type Full time posted on Posted Yesterday job requisition id JR00110157

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

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, that is complemented by immediate inforce support through dedicated point(s) 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?

• Use effective teaching style for training and mentoring senior Underwriting resource on financial and reinsurance aspects of High Net Worth business
• 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)
• Complete classification for life and critical illness, making effective use of full signing authority
• Apply holistic underwriting expertise in all areas of underwriting including medical, financial and lifestyle factors to make sound and competitive underwriting decisions
• Perform referrals with the aim of mentoring senior underwriters
• Provide full explanations for our rationale on all decisions and inquiries
• Be called upon to meet with Advisors and Firms, and deliver presentations that support SLF Underwriting philosophies
• Take leadership role in identifying areas of challenge and bringing forward well thought out recommendations for solutions through our Brighter Way program
• Be client and results focus, using a pro-active service orientation
• 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

The Base Pay range is for the primary location for which the job is posted. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results.

Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.

Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to [e-mail].

At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

Salary Range:

0/ - 0/

Job Category:

Underwriting - Individual

Posting End Date:

29/04/2025

Shine together

At Sun Life, you can be your most brilliant self. Our supportive, flexible, and inclusive work environment is one where you – and your career – can thrive. Whatever your aspirations, collaborative leaders and colleagues are ready to help you learn, grow, and succeed.

We’re a global company with a passion for people. Our purpose is to help Clients achieve lifetime financial security and live healthier lives. As a team of 30,000 across 26 countries, our impact is far-reaching, and locally relevant. There’s power in numbers. As part of Sun Life’s growing team, you have an impact on people in your community and around the world.

Shape the future

With an optimistic eye on a brighter future, we drive to innovate. Be part of leading change, push boundaries and try new ways of working. Use data to drive bold actions. Be agile and pivot as we test and learn. At Sun Life, we’re driving transformation, sustainability and innovation for our Clients, employees, partners, and communities. Join us. Together, we can make the future brighter.