Bilingual Underwriting Consultant

Royal Bank of Canada•Mississauga, ON

1d•CA$67,000 - CA$110,000•Onsite

About The Position

This position is responsible for assessing mortality and/or morbidity through a comprehensive risk evaluation process comprised of health, financial, lifestyle, occupation and personal history within pre-determined authority levels. The incumbent would be in a full production environment. The process is aligned with product pricing, with the mandate of acquiring and maintaining profitable business. Strategic priorities encompassed within the role include high quality client service and robust risk assessment.

Requirements

Minimum 3 years of Individual Life or Living Benefits Underwriting experience
Bilingual (English and French)
Analytical - synthesize complex or diverse information, collect and research data, use intuition and experience to complement data
Problem Solving - gather and analyze information skillfully
Strong oral and written communication skills
Teamwork - contribute to building a positive team spirit
Motivation - demonstrate persistence and overcome obstacles; measure self against standard of excellence as well as motivating others
Quality - look for ways to improve and promote quality, apply feedback to improve performance, and monitor own work to ensure quality

Responsibilities

Provide superior client-focused underwriting service which balances sales objectives within risk tolerance and profitability objectives that contributes positively to persistency and reputation in the marketplace
Ensure competitive underwriting recommendations are consistently made on a timely basis to RBC clients in order to place business that is consistent with RBC pricing and profitability objectives
Seek new opportunities to reduce new business acquisition costs by reducing department wastage through increased modified offers, reconsiderations and offer additional products on declines, postpone and rated policies
Ensure audit results are within acceptable ranges
Maintain quality of underwriting decisions in all areas of UW as determined through audits by management, GRM, Internal Audit and Reinsurers