Senior Life Underwriter

THE EMPIRE LIFE INS. CO

4h•Hybrid

About The Position

Empire Life is looking to hire a Senior Underwriter to join their Retail Underwriting team. This is a current, open position. The company is a medium-sized Canadian company in a stable industry that emphasizes innovation and uses industry-leading technology. This new position offers a chance to join a growing team and make an impact. Empire Life strives to provide a supportive work environment that allows employees to achieve both personal and professional goals, understanding the importance of work-life balance.

Requirements

3+ 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
FLMI with underwriting specialty
Completion of a university degree in life sciences, nursing or kinesiology
Well-developed analytical and problem resolution skills
Ability to be decisive and show consistently good judgement
Well-developed coaching and mentoring skills
Well-developed organizational skills
Clear writing and verbal communication skills
Ability to work within and apply decision methodologies
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
Bilingualism (English/French) is an asset
Working towards FALU

Responsibilities

Assesses risk accurately to an approval limit of $3,000,000 for individual life and $1,000,000 for critical illness policies
Coaches junior and intermediate underwriters to ensure that individual coverage decisions are appropriate, made in a timely manner, and communicated to the appropriate team members
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 Manager, Underwriting on any questionable situations
Participates as an active team member and leads assigned projects
Provides technical training to junior and intermediate underwriters

Benefits

Hybrid work model
Competitive salaries with annual pay increases
Annual bonus program, which recognizes both strong company performance and individual contributions, for non sales positions
Access to learning & development programs, and education/tuition reimbursement (role dependent), to support your professional growth and career advancement.
Competitive uncapped commission, for sales positions
A comprehensive employer-funded benefits package starting from day one of employment, that includes life insurance, 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