Senior Underwriting Consultant
About The Position
Experienced Individual Underwriter Location: Waterloo/Toronto (Hyrbrid) Are you a passionate Underwriter who loves to deliver exceptional service to clients, advisors and partners? Does a high performance continuous improvement environment motivate you to bring your best everyday? Are looking for an opportunity where you can grow your career and make a difference? With the ability to work from home, regular training and an amazing client-centric team, Sun Life may be the place for you. We are looking for Senior Underwriting Consultants to work within our Waterloo/Toronto offices. We have opportunities in risk selection, rules development, predictive analytics, across four distinct underwriting teams that offer challenge, excitement and growth. We are looking for individuals who: Are client-focused with a passion for working towards a common goal on a high performing team Driven by strong desire and commitment to support our Distribution partners Have a comprehensive risk analysis approach to underwriting
Requirements
- Exceptional analytical, judgement, problem-solving and decision-making skills
- Must underwrite both Life and Critical Illness
- Minimum Life signing authority of $5M and Critical Illness signing authority of $300K
- Must be comfortable with financial underwriting on large premiums
- Excellent written and verbal communication.
- Client and results focus, pro-active service orientation to support our business goals
- Ability to influence and negotiate
- Strong knowledge of medicine and risk factors
- The ability to work in a fast paced environment, meet tight deadlines and balance completing priorities
- Strong interpersonal skills to work collaboratively with our internal and external partners
- Strong attention to detail and accuracy
- Ability to work independently and eager to take on responsibility
- Bachelor's degree or equivalent
- Specialized training: ALU certificate and commitment to ongoing education with a goal of attaining the Fellow, Academy of Life Underwriting (FALU)
Responsibilities
- Review and analyze medical, lifestyle and financial information to evaluate eligibility and risk for applications for Life, and Critical Illness Insurance products.
- Conduct risk assessment, make and communicate decisions for each application.
- Build strong relationships with our clients and advisors and deliver an exceptional service experience.
- Analyze insurance applications and evidence of insurability; apply holistic underwriting expertise in all areas of underwriting including medical, financial and lifestyle factors to make sound and competitive underwriting decisions.
- Where decisions are unfavourable for the client, try to negotiate a better decision from our reinsurers, in accordance with reinsurance treaties and internal rules.
- Effectively communicate and explain decisions effectively to advisors and/or client’s physician as required leveraging our Client for Life Principles.
- Build strong relationships and partner with business leaders, sales teams and advisors delivering exceptional service and expertise.
- Respond to inquiries from advisors without revealing confidential information.
- Focus on continuous improvement.
- Identify areas of opportunities and bring forward recommendations for solutions through our Brighter Way program.
- Contribute to a positive environment through team work, and a spirit of innovation, continuous improvement and professional development
Benefits
- Access to short-term assignments or ‘Gigs’ across the organization, to help you develop new skills and connections.
- A collaborative and interactive team environment
- Charitable giving through our You Give, We Give program lets you give back to your community – and in many cases, we’ll match your contributions.
- Care Days available for self-care or care of others (i.e., family or others you may support) and Sick Days to support your well-being.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
