The Underwriter will review and assess life, critical illness and disability insurance product applications based on the company's underwriting guidelines. The selected applicant will frequently work and interact with our Canadian partners. A large proportion of the Underwriter’s duties will be performed in English.
The Underwriter will use their exceptional judgment to conduct a complex analysis of applicants’ medical and financial information and identify their appropriate risk category. We require the Underwriter to be a team player who communicates with various departments, particularly with Individual Insurance Administration, Claims, Sales, and Actuarial. Through clear and effective communication to our brokers and financial security advisors, they are flawlessly and able to support their decisions.
Main responsabilities
- Provide technical expertise in risk assessment based on the company’s individual underwriting guidelines
- Able to work independently on complex insurance applications
- Manage their workload effectively by adapting to fluctuating volumes and related pressure
- Communicate directly with the applicants and intermediaries involved regarding decisions affecting the underwriting assessment
- Negotiate with the reinsurer and identify all solutions for making an offer to obtain an acceptance for a client file
- Work with our Partners and Third Party Administrators regarding risk assessment
- Serve as a point of reference for claims files in the incontestability period
- Has the potential to become a coach or mentor in the future.
- Contribute towards the implementation of continuous improvements
- Take an active role in team meetings and encourage the team to achieve its objectives
- Inspire trust and demonstrate integrity in their work
Qualifications
- Bachelor’s degree in a relevant field
- 3 years’ experience as an underwriter
- Bilingual: written and spoken French and English.
- Specialized training: FLMI (Fellow, Life Management Designation) obtained or near completion; FALU (Fellow, Academy of Life Underwriting) obtained or near completion, an asset.
- Medical and financial knowledge an asset.
- Knowledge of insurance contracts and laws across Canada.
- Knowledge of Office suite.
Skills
- Proactive, independent, and exceptionally organized.
- Demonstrates excellent communication skills.
- Uses interpersonal skills to create a unique and distinctive interdepartmental experience.
- Possesses strong analytical, judgment, and problem-solving skills.
- Embraces a culture focused on collaboration and continuous improvement.
- Inspires through confidence and values.
- Able to navigate and thrive in a constantly changing environment.