Bilingual Senior Life Underwriter

Empire Life Ins Pr 1 • Remote, CA

110d

About The Position

Empire Life is looking to fill several Underwriting roles on the retail underwriting team. We are looking for team members who have strong leadership, technical and medical knowledge and skills. By joining the Empire Life today, you'll be exposed to growth and career development opportunities. The Senior Life Underwriter maintains Company profitability through favourable mortality by reviewing and assessing the financial risk of individual life insurance applications. The incumbent is guided by defined goals and objectives and works under the general supervision of the Manager, Underwriting.

Requirements

• Bilingualism (English/French) is required
• 4+ years work experience in individual underwriting, three of which has been at an intermediate level
• Experience coaching/mentoring others
• Knowledge of word processing, spreadsheet, email, internet and database computer software
• Comprehensive knowledge of medical and financial terminology
• Well-developed analytical and problem resolution skills
• Ability to be decisive and show consistently good judgment
• Well-developed coaching and mentoring skills
• Well-developed organizational skills
• Clear writing and verbal communication skills
• Ability to work within and apply decision methodologies
• Completion of a university degree in life sciences, nursing or kinesiology
• FLMI with underwriting specialty considered an asset
• Working towards FALU considered an asset
• Language proficiency in English is required for communicating with customers, advisors, or employees across Canada.

Nice To Haves

• Knowledge of individual life and health underwriting and advanced financial underwriting are assets

Responsibilities

• Assesses risk accurately to an approval limit of $2,000,000 - $3,000,000 for individual life and $1,000,000 for critical illness policies
• Provides sound risk decisions and related support to the Sales & Marketing and Retail business line teams
• Assesses the mortality and financial risk for individual life insurance applications through an analysis of financial and medical information
• Provides support to the Sales team in the management of the distribution relationship
• Interacts with reinsurance providers to spread risks on retention amounts that exceed the Empire Life retention limit
• Consults with Senior Underwriters, medical Directors, or the Underwriting Manager, on any questionable situations
• Participates as an active team member and leads assigned projects
• Coaches junior and intermediate underwriters from a technical lens to ensure that individual coverage decisions are appropriate, made in a timely manner, and communicated to the appropriate team members

Benefits

• Competitive salaries with annual pay increases
• Annual bonus program, which recognizes both strong company performance and individual contributions
• Competitive uncapped commission for sales positions
• A comprehensive employer-funded benefits package that includes life insurance, disability, health and dental and a generous health account
• Flexible work arrangements and an annual allotment of personal health days
• Four weeks annual vacation from hire date
• A defined contribution pension plan with generous employer matching
• Top up programs for parental leave and compassionate leave
• Employer-sponsored wellness and recognition programs
• A cash employee referral program

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree