Intermediate/Senior Underwriter

Posted 20 hours ago

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About the role

  • Intermediate/Senior Underwriter providing insurance applications analysis and risk assessment at Sun Life. Join a dedicated team enhancing financial security for Canadians through thoughtful underwriting decisions.

Responsibilities

  • Analyze medical, personal and financial information submitted with life and critical illness insurance applications.
  • Assess and classify risk.
  • Gather additional information like medical tests or refer cases as required
  • Approve cases within your authority limit. Submit cases exceeding limits for co-sign.
  • If decisions are unfavourable for the Client, try to negotiate a better decision from our reinsurers, in accordance with reinsurance treaties and internal rules
  • Liaise with business leaders and advisors, delivering exceptional service and expertise
  • Communicate and explain decisions effectively to financial security advisors and/or Clients’ physicians, as required
  • Respond to inquiries from financial advisors and general agents without revealing confidential content
  • Document thoughtful decisions in underwriting system
  • Contribute to a positive environment through teamwork, a spirit of innovation, continuous improvement, and professional development
  • Maintain medical knowledge and stay current on underwriting approaches

Requirements

  • Minimum 3 years of experience as an Individual Life Underwriter
  • Existing life and critical illness signing authorities
  • Analytical, judgement, problem-solving and decision-making skills
  • Influencing and negotiation skills
  • Knowledge of medicine and risk factors
  • Service-oriented attitude with interpersonal skills to work collaboratively with our internal and external partners
  • Proven ability to meet tight deadlines and work under pressure while prioritizing multiple tasks
  • Specialized training: ALU certificate and commitment to ongoing education with a goal of attaining the Fellow, Academy of Life Underwriting (FALU) and Fellow, Life Management Institute (FLMI) designations
  • Bilingualism (French, English, both oral and written) is required for Quebec only

Benefits

  • 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
  • Our 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

Job title

Job type

Full Time

Experience level

Senior

Salary

CA$58,000 - CA$93,000 per year

Degree requirement

Bachelor's Degree

Location requirements

HybridWaterlooCanada

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