Underwriter

iA Financial Group; Toronto; On-site; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a detail-oriented underwriter to join their dynamic team. In this role, you will assess risks related to life, critical illness, and disability insurance, ensuring decisions align with the company's profitability and risk management goals. The ideal candidate will possess a strong medical background or relevant experience in the insurance sector, coupled with excellent analytical and problem-solving skills. Join a company that values diversity and invests in its employees, offering opportunities for growth and innovation in the financial services industry. This is your chance to make a meaningful impact in a supportive environment.

Qualifications

• 2+ years of underwriting experience in the individual life sector.
• Strong analytical and problem-solving skills are essential.

Responsibilities

• Assess risk on life, critical illness, and disability applications.
• Analyze medical information to identify potential risks.
• Communicate with stakeholders for underwriting decisions.

Skills

Underwriting Experience

Problem-Solving Skills

Communication Skills

Customer Focus

Analytical Skills

Negotiation Skills

Organizational Skills

Education

Medical Background or Related Experience

Knowledge of Insurance Industry

Job description

Job Description

Location: this could be a remote role or you may be located in Ontario, British Columbia, Nova Scotia or Alberta

About the role:

Under the supervision of the Director of Underwriting Operations, the underwriter will be part of a dynamic underwriting team. Their role is to accurately assess risks to make decisions in line with the company's profitability and risk management objectives. This includes the analysis and interpretation of medical and non-medical information for life, critical illness and disability insurance.

The ideal candidate for this role should have a medical background or related experience or very good knowledge of the insurance industry. He should also demonstrate strong attention to detail, excellent problem-solving skills and be able to work efficiently both independently and as part of a team.

Main responsibilities:

• Assess risk on individual life, critical illness, and disability applications to establish appropriate and competitive underwriting decisions.
• Analyze medical and non-medical information to identify any potential risks and issues.
• Take a holistic approach in the overall risk assessment.
• Use underwriting guidelines and procedures to make informed decisions.
• Ensure accuracy and timeliness in completing underwriting tasks and processes.
• Communicate with internal and external stakeholders to obtain additional information or clarify issues related to underwriting decisions.

Skills and Qualifications:

• 2+ years of underwriting experience in the individual life sector.
• Excellent skills in analyzing and problem-solving.
• Customer focused with a continuous improvement mindset.
• Strong communication skills, both written and oral.
• Proficiency in analyzing cases, including medical reports, to accurately assess risk and make daily underwriting decisions.
• Ability to negotiate, organize and multi-task.
• Demonstrated ability to perform under high volume and tight deadlines, delivering consistently high-quality work.

Company

iA Financial Group

Posting End Date: 2025-04-08

Company Overview: iA Financial Group is the strength of a company with a human side, with its over 8,000 employees. Together, we have earned the trust of our more than four million clients and 25,000 advisors who have chosen us for their insurance, savings, and wealth management.

With over $200 billion in assets and half a billion invested in technological innovation, we’re a key player in the financial services industry in Canada and the United States. The secret to our success? Investing in you, one person at a time. Because, for over 125 years, we have believed that it’s by supporting our employees and surrounding ourselves with the most reputable leaders in the industry, we will continue to innovate.

At iA, we’re invested in you.

Our Commitment to Diversity and Inclusion

At iA Financial Group, we support and celebrate diversity. We strive to provide a workplace that is recognized as inclusive for all, regardless of ethnic origin, nationality, language, religious beliefs, gender, sexual orientation, age, marital status, family situation, or physical or mental disability.

Please note that if you need help or assistance to make the recruitment process more accessible for you, please Contact us here. Someone from our team will be happy to assist you with your needs.