Senior Underwriting Consultant

Sun Life • Waterloo, ON

1d • CA$80,000 - CA$128,000 • Hybrid

About The Position

Sun Life is seeking passionate Senior Underwriting Consultants to join their teams in Waterloo/Toronto. This hybrid role offers the opportunity to work from home, with regular training and a client-centric team. The positions are within distinct underwriting teams focusing on risk selection, rules development, and predictive analytics, offering challenge, excitement, and growth. The ideal candidates are client-focused, driven to support Distribution partners, and possess 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
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior