Senior Underwriting Consultant, High Net Worth

Sun Life•Waterloo, ON

3d•Hybrid

About The Position

Sun Life’s High Net Worth Team creates a remarkable new business experience through an unparalleled proactive and responsive process that supports both the advisor and their client throughout the entire acquisition process, that is complimented by immediate inforce support through dedicated point(s) of contact. With the ability to work from home, an amazing collaborative client-centric team, Sun Life’s High Net Worth Team may be the place for you. Life’s brighter under the sun Joining our team at Sun Life means you can expect: A hybrid working environment, giving you the best parts of in-office collaboration and work from home flexibility Flexible Benefits from the day you join, meeting the needs of you and your loved ones r stock ownership program and pension plan give you the chance to invest in Sun Life with company matching opportunities An annual bonus based on company and individual performance Paid vacation based on experience, 5 care days available for self-care or care of others (e.g. family or others you may support) and 10 personal illness days to support your well-being Our unique sabbatical program gives you the opportunity to take up to 6 weeks off, every 5 years Investment in not-for-profit organizations that are important to you Maternity/Paternity top-up program so you can focus on your growing family

Requirements

Must have excellent technical underwriting skills with a minimum of 7 to 10 years underwriting experience
Must make appropriate risk assessment decisions on applications in accordance with Sun Life Fiinancial underwriting guidelines and within signing authority
AALU designation and working towards the FALU designation
Exceptional reinsurance negotiating skills
Empathy and practice principles of finesse to promote positive interactions
Demonstrated awareness of trends and changes in medicine, and initiative to bring forward recommendations to operational teams and development and governance as needed
Excel at building partnerships with advisors and wholesalers
Bilingualism (French, English, both oral and written) is required for Quebec only

Responsibilities

Use effective teaching style for training and mentoring senior Underwriting resource on financial and reinsurance aspects of High Net Worth business
Complete risk assessment on larger and more complex cases with higher premium and face amounts (between $5,000,000 and $10,000,000with ability to decline unacceptable risks)
Complete classification for life and critical illness, making effective use of full signing authority
Apply holistic underwriting expertise in all areas of underwriting including medical, financial and lifestyle factors to make sound and competitive underwriting decisions
Perform referrals with the aim of mentoring senior underwriters
Provide full explanations for our rationale on all decisions and inquiries
Be called upon to meet with Advisors and Firms, and deliver presentations that support SLF Underwriting philosophies