Senior Underwriter, Life & Living Benefits

Co-operators • Regina, SK

10d • CA$60,574 - CA$100,956 • Remote

About The Position

The Senior Underwriter provides mortality and financial risk assessment of individual insurance for life, critical illness and disability product lines. The position works closely with captive advisors and brokers, assesses medical and non-medical information, providing support and issue resolution. The role also provides guidance to less experienced underwriters or other new business staff and participates in product, policy and process improvements.

Requirements

• 2+ years of working experience in individual underwriting
• A post-secondary degree in nursing or kinesiology.
• Completed or working towards Fellow, Academy of Life Underwriting (FALU) or Academy of Life underwriting (FLMI) designation.
• Demonstrated decision making, communication and interpersonal skills.
• Treated all confidential material with a high level of integrity.
• Effectiveness and efficiency of resource management in achieving results while maintaining consistently high levels of quality, accuracy and timeliness, as well as continuously striving to improve processes, reporting and service levels.
• English is required

Nice To Haves

• French is an asset.

Responsibilities

• Utilizing individual insurance product knowledge and procedures/guidelines to assess complex applications and policy changes with various medical and non-medical risks.
• Understanding and determining reinsurance impact on mortality risk, determining the need to refer the case to a higher authority (Senior Underwriting consultants, Team Leads, Medical Director and Manager).
• Use judgement to make high-level decisions in accordance with our Company’s guidelines, procedures and time standards in a cost-effective manner.
• Compiling an electronic summary of underwriting requirements for each client for each product line on the Phoenix system, which feeds information to the Life Pages displaying requirements for Advisors.
• Working with Distribution Management staff on complex cases and on training issues related to the field.
• Supporting advisors in their pursuit of compensation goals, club validation, etc., by ensuring that their business is processed accurately and promptly during sales contest and cut-off periods.
• Identifying needs to deviate from procedure(s) or to explore alternate means of obtaining information needed to underwrite and provide recommendation for referral to Chief Underwriter.

Benefits

• Training and development opportunities to grow your career.
• Flexible work options and paid time off to support your personal and family needs.
• A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.
• Paid volunteer days to give back to your community.
• A comprehensive total rewards package, including competitive salary, bonus, pension and benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Associate degree