Senior Underwriting Consultant, High Net Worth

Sun Life Financial; Toronto; On-site; CAD 120,000 - 180,000; Full time

Benefits offered by this job

Hybrid work environment

Flexible benefits

Stock ownership program

Pension plan

Annual bonus

Paid vacation

Care days

Personal illness days

Sabbatical program

Not-for-profit support

Maternity/Paternity top-up

Job summary

Sun Life Financial in Canada’s Hybrid workplace seeks a senior underwriter with extensive High Net Worth experience to mentor others and manage large cases with signing authority.

You will apply holistic underwriting expertise across medical, financial, and lifestyle factors, and collaborate with advisors to support underwriting philosophies and client outcomes.

Qualifications

• Minimum 7–10 years of underwriting experience.
• Decisions within signing authority with Sun Life guidelines.
• AALU designation and working toward FALU.
• Strong reinsurance negotiation skills.
• Empathy and client-focused approach.
• Strong partnership-building with advisors and wholesalers.

Responsibilities

• Mentor senior underwriters and train on medical, financial, and lifestyle factors.
• Conduct risk assessments on large cases ($5,000,000–$10,000,000) and apply signing authority.
• Provide clear explanations for underwriting decisions.
• Meet with advisors and firms, delivering presentations.
• Apply holistic underwriting expertise across cases.
• Collaborate with teams to support Sun Life's underwriting philosophies.

Skills

Underwriting experience 7-10 years

Reinsurance negotiating skills

Stakeholder collaboration

Bilingual French/English (Quebec)

Education

AALU designation

FALU designation in progress

Job description

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. At Sun Life, we're driven by our Purpose: helping our Clients achieve lifetime financial security and live healthier lives. Our values shape how we work: caring, authentic, bold, inspiring, and impactful. When you join Sun Life, you'll work with passionate colleagues and empowering leaders who support your growth and celebrate your contributions, so you can make a meaningful difference in our Clients' lives. 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 complimented 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. Life’s brighter under the sun

Joining our team at Sun Life means you can expect:

• A hybrid working environment, giving you the best parts of in-office collaboration and work from home flexibility
• Flexible Benefits from the day you join, meeting the needs of you and your loved ones r stock ownership program and pension plan give you the chance to invest in Sun Life with company matching opportunities
• An annual bonus based on company and individual performance
• Paid vacation based on experience, 5 care days available for self-care or care of others (e.g. family or others you may support) and 10 personal illness days to support your well-being
• Our unique sabbatical program gives you the opportunity to take up to 6 weeks off, every 5 years
• Investment in not-for-profit organizations that are important to you
• Maternity/Paternity top-up program so you can focus on your growing family

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 $10,000,000with 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

What do you need to succeed?

• 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 Sun Life Fiinancial underwriting guidelines and within signing authority
• AALU designation and working towards the FALU designation
• 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

As this position is posted in several locations, we specify that bilingualism (French, English, both oral and written) is required for Quebec only for the frequent interactions with English and French-speaking colleagues or internal partners across Canada or worldwide. and the position reports to a unilingual English-speaking manager outside Quebec When a new position becomes available which matches your background and experience, the base pay range will be disclosed and correspond to the opportunity Sun Life will consider you for. 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]. We are proud to be a hybrid organization that offers our employees the choice and flexibility to work from both the office and virtually based on the needs of the business, our Clients and you. We may use artificial intelligence to support candidate sourcing, screening, interview scheduling. We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted. Job Category: Underwriting - Individual Posting End Date: 04/09/2026

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. Make life brighter 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. Join a top employer for a brighter future.