Underwriter, Junior

Equitable; Alberta; Hybrid; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Senior Underwriter to join their Individual Insurance team. This role is pivotal in assessing risks for life and critical illness products. The ideal candidate will bring a wealth of underwriting knowledge and experience, ensuring high-quality work while managing daily volumes independently. You'll thrive in a dynamic environment, providing mentorship and contributing to process improvements. This position not only offers a chance to grow professionally but also provides a supportive workplace culture that values employee wellness and community engagement.

Benefits

Annual bonus program

Company-paid benefits

Paid volunteer day

Pension program with employer matching

Tuition support

Subsidized cafeteria

Discounts on company products

Employee resource groups

Regular team events

Qualifications

• 3+ years of experience as a Life and Critical Illness Underwriter.
• Strong technical knowledge in underwriting across various risk factors.

Responsibilities

• Apply underwriting expertise in medical, financial, and non-medical areas.
• Mentor other underwriters and enhance underwriting processes.

Skills

Bilingual in French and English

Analytical skills

Problem-solving abilities

Communication skills

Negotiation skills

Relationship management

Underwriting expertise

Adaptability

Education

FLMI / FALU designation

Continuous learning commitment

Tools

MS Office Suite

Job description

Lacombe, AB, Canada Req #2277

Friday, May 31, 2024

At Equitable, we realize that your work life is not just about performing a job; it's about being part of a workplace that helps you grow and reach your full potential. Within our friendly and collaborative work environment, we recognize that the key to our growth and success is a dedicated, motivated and client-responsive staff. Join Equitable today.

Reports To : Manager, Underwriting

Department : Individual Underwriting

Term : Permanent Full-Time

Work Arrangements : You will work from your home office 100% of the time. You may be required to be in-person at our office in Waterloo, ON or another assigned location within the Waterloo Region, on an as needed basis. Sales related roles may be required to travel based on the assignment.

The Opportunity : Equitable is looking for a Senior Underwriter to join our Individual Insurance team! The Senior Underwriter plays a key role in risk assessment for both life and critical illness products. This position is critical to Equitable success and is a great opportunity to work at one of Waterloo Region’s Top Employers while developing skills for the future.

What you will be doing :

• Apply strong and holistic underwriting expertise in all areas of underwriting, including medical, financial and non-medical risk factors
• Consistently provide a superior quality of work
• Manage volumes of daily work independently to ensure service standards are met
• Comply with legislative requirements, consumer regulation and reinsurance treaties as they apply to privacy, disclosure and risk classification
• Contribute to continuous enhancement of underwriting processes and procedures
• Provide mentorship to other underwriters, offering guidance and sharing your expertise

What you will bring :

• Bilingual in French and English is an asset
• Superior technical knowledge in medical, financial, and non-medical underwriting
• Comfortable in a dynamic work environment with the flexibility to adapt to shifting priorities
• Excellent analytical and problem solving abilities
• Strong reinsurance relationships with excellent negotiation skills
• Strong communication skills, written and verbal
• Excellent relationship skills – proactive and service-oriented is key!
• 3+ years of demonstrated professional experience as a Life and Critical Illness Underwriter
• FLMI / FALU designation or currently working towards
• Commitment to continuous learning and participation in education enhancement to remain current with medical knowledge and industry underwriting trends
• Good knowledge of MS Office Suite

What’s in it for you :

• A healthy work-life balance with employee wellness top of mind
• Annual bonus program, annual vacation allowance, and company-paid benefits program
• An additional paid volunteer day each year so you can spend time giving back to the community
• Immediate enrollment in the company’s pension program with employer matching
• Employee resource groups that support an inclusive work environment
• Tuition support and specialized program assistance
• A company subsidized cafeteria with a variety of daily options
• Discounts on company products and services, and access to exclusive employee perks
• Regular EQ Together events focused on company togetherness and collaboration

As part of the recruitment / offer process you will be required to:

• Provide two professional references (minimum one supervisor and above)

To learn more about Equitable, we encourage you to explore our organization.

At Equitable, we are committed to providing equal access to employment opportunities across our organization. Please contact our HR team if you would like to receive our job postings in an alternative format or require an accommodation with the application process.